The growth of multinational companies and the resulting rise of globalization creates positive effects for all. To what extent do you agree or disagree?

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It is true that
consequence
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the consequence
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of increasing multinational companies is globalization which
provide
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provides
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tremendous opportunities for all the nations around the world. I partially agree with
this
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statement as an international corporation produce employment as well as boost the economy ,
however
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, globalization
affect
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affects
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the local business along with overuse of the resources. To commence with, multinational enterprises have numerous
of
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apply
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benefits.
Firstly
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, it provides high quality of goods to
the
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apply
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most
of
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apply
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people which upgrade the flow of currency that will boost the economy of the country.
Moreover
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, these organisations give
employement
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employment
facilities to the natives that enhance the cost and standard of livings of the citizens .
Hence
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, people can able to serve the nation in many indirectly way
such
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as , by paying taxes .
For instance
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, if any company want to start up
business
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a business
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then
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it is necessary to invest in
infrastructer
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infrastructure
and in manpower ,
consequently
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, it will help
masses
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the masses
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to find
the
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apply
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work within the local area .
Thus
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, people can become more independent and can
take
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make
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their decisions.
on the contrary
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side,
evry
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every
coins
has
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have
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two sides . To elaborate
this
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, these associations overuse the natural resources of
homecountryat
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home country at
very
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a very
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large scale and avoid the output because they do not five importance to
environmentals
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environmental
effects. Apart from that ,
rapidly
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rapid
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growth of international crew offer
varity
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variety
of products which attracts the consumers , it might result in close down of some
decades old
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decades-old
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business ,
furthermore
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, a situation of
monoply
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monopoly
has
been risen
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risen
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. To illustrate it , human
have
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has
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increase
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increased
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the quality of lives so they prefer to purchase expensive products that decrease the demand
of
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for
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local
manfacturing
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manufacturing
. To conclude , everything has pros and cons so the multicultural
buisness
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business
and globalization
also
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have. it
provide
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provides
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a range of benefits but
also
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have some negative impact on the country .
Submitted by arpitsandhu001 on

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