Multinational companies are becoming increasingly common in developing countries. What are the advantages and disadvantages of this?

#companies #countries

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Recently,there has been a world preference for a multinational economic market.

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has led to an increase in large

business

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investments in developing communities as a means for supporting their economy, whereas some people claim that

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trend has led to drastic consequences.

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phenomenon has its benefits and drawbacks that I will discuss in

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essay. On one hand, multinational companies' choice to invest in poor countries has several advantages. The

first

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impact appears as these organizations attempt to solve the local unemployment issue, securing a better life standard for citizens. The investment of Japanese car factories,

for instance

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, in Egypt has led to economic flourishment through offering jobs for Egyptians and opening a prominent domestic market for foreign cars and their original utilities. Not only do these industries play an important role in developing the national financial status, but

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they are money savers for

business

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owners to construct their companies in suffering nations. Since the largest amount of human labour exists in developing countries,

business

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owners prefer to pay low salaries for these in favour of high-profit rates from the international market.

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, multinational organizations are pivotal to the economy of

the

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developing societies as well as the profits of the

business

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itself.

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, opening the borders for global industries to be established on developing lands has its remarkable disadvantages. These drastic consequences appear in the exploitation of citizens for the sake of the financial associations' goals. In Bangladesh,

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, workers in foreign textile companies work for more than 15 hours daily to earn low salaries in order to secure a reasonable standard of living for their families.

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inhumane exploitation does not only affect the workers but

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the society where individuals suffer fragmentation and medical issues that are hard to solve by the government.

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, it is believed that the risks of accepting global investments in poor nations are difficult to ignore. In conclusion, I believe that developing countries should encourage global investments, but these governments should legislate laws to protect their citizens from being exploited and to secure reasonable wages and medical insurance for them.

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, governments should be aware of the advantages and disadvantages of having international businessmen establishing their organizations locally to protect their individuals.

Submitted by raniafarag999 on Mon Mar 22 2021

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Overall Band Score

Coherence and Cohesion: 7.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 8.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 8.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 9.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

377 words

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Topic Vocabulary:

Globalization
Multinational corporations (MNCs)
Foreign direct investment (FDI)
Developing economies
Infrastructure development
Capacity building
Cultural diversity
Sustainability
Corporate social responsibility (CSR)
Technological transfer
Economic disparity
Market saturation
Brain drain
Indigenous industries
Expatriate management
Trade imbalance

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Multinational companies are becoming increasingly common in developing countries. What are the advantages and disadvantages of this?

Some people think that parents should teach their children how to be good members of society. Others, however, believe that school is the best place to learn this. Discuss both views and give your own opinion.

Write a letter to the bus company. In your letter, inform the bus company of when and to where you travelled describe your suitcase and what happened to it explain why the company should pay for a new suitcase

In the modern world,it is possible to shop, work and communicate whith peoplevia internet without any face-to-face contact with others. To what extent do you agree or disagree?

Many governments think that economic progress is their most important goal. Some people, however, think that other types of progress are equally important for a country. Discuss both these views and give your own opinion.

Some universities now offer their courses on the Internet so that people can study online. Is this a positive or negative development?