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

#companies #countries
More and more multinational firms are setting up their branches / offices in developing countries. The primary advantage of having large scale industries is that they will increase employment and reduce poverty, but the main drawback is that they force employees to
work
 hard. Global organizations often bring employment to developing
nations
.
In other words
, they bring
jobs
 to the developing
nations
.
This
 is because
up coming
Correct your spelling
upcoming
show examples
nations
 produce a lot of doctors, scientists and engineers, but fails to give them a deserving job.
However
, if multinational firms set up their offices in developing societies, talented and educated people
aquire
Correct your spelling
acquire
 good
jobs
.
For example
, China is known as a manufacturing hub because companies like Apple and Google manufacture their products there so the graduates do not have to leave their nation in search of better opportunities in foreign
nations
 because they are able to find suitable
jobs
 within the country.
Moreover
, big industries create
jobs
 not only for skilled workers but
also
 for unskilled workers.
However
, the major drawback of multinational company investment in developing societies is that employees are forced to
work
 harder and yet they are paid less than their counterparts in developed countries. Many times workers complain that their employers compel them to
work
 overtime to meet their targets.
For instance
, Indian Multinational IT industries force their employees to
work
 more than 8 hours to complete their tasks to hand over assignments to the clients located across the Atlantic. In conclusion, global companies in developing
nations
procide
Correct your spelling
provide
 job opportunities for graduates in that country, but they
also
 force them to change their lifestyle by asking them to
work
 overtime.
Submitted by Florence on

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Essentional vocabulary list for IELTS Writing 7+

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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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