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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An increasing number of international companies are now operating their business in different
countries
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. It is often asserted that the expansion and evolution of cross-border business institutions and the advancement of the
globalization
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concept
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have a significant impact on society.
This
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essay will argue why larger companies and
globalization
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have negative influences on culture despite having few advantages. Multistate firms can be a dominant player in the
market
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that could be beneficial for the
country
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's economy. To be more precise, since these large international conglomerates have substantial authority over controlling a
country
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's
market
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, it may hinder the development of local syndicates.
In addition
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to that, the
globalization
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concept
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is
also
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enabling people to use
products
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or services originated in other
countries
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.
For instance
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, as Uniliver has been operating in different
countries
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and manufacturing different types of
products
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, it has enormous investment and massive dominance on the
market
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, hampering
market
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manipulation by the local investors.
Moreover
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, due to
globalization
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, Uniliver can supply
products
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manufactured in other
countries
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without any barrier. For these reasons, it can be said that both the large international firms and the
concept
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of
globalization
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can be valuable tools to break the local syndications and enable the public to use the
products
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manufactured anywhere in the world. Despite few positive aspects of the advancement of global firms as well as
globalization
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, it
also
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has few negative sites. Since more giant conglomerates are now dominating the world
market
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with
globalization
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, local small businesses have been suffering severely in order to survive. To illustrate, Uniliver BD has been taking every possible marketing poly to penetrate and keep the
market
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of cosmetics. As
such
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, there is no noticeable local cosmetics manufacturer can be observed in
this
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country
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.
Thus
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, with the help of
globalization
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, cross-
country
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organizations are more likely to ruin local businesses. In conclusion, in spite of having few contributions to the economy, multi
countries
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institutions are creating obstacles to grow the small local businesses. In my opinion, larger international organizations are negatively influencing the
market
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due to the
globalization
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concept
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, which is why the advent of these organizations in any
country
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should be regulated and monitored correctly.
Submitted by un4given.rd on

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