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

An increasing number of international companies are now operating their business in different

countries

. It is often asserted that the expansion and evolution of cross-border business institutions and the advancement of the

globalization

concept

have a significant impact on society.

This

essay will argue why larger companies and

globalization

have negative influences on culture despite having few advantages. Multistate firms can be a dominant player in the

market

that could be beneficial for the

country

's economy. To be more precise, since these large international conglomerates have substantial authority over controlling a

country

's

market

, it may hinder the development of local syndicates.

In addition

to that, the

globalization

concept

is

also

enabling people to use

products

or services originated in other

countries

.

For instance

, as Uniliver has been operating in different

countries

and manufacturing different types of

products

, it has enormous investment and massive dominance on the

market

, hampering

market

manipulation by the local investors.

Moreover

, due to

globalization

, Uniliver can supply

products

manufactured in other

countries

without any barrier. For these reasons, it can be said that both the large international firms and the

concept

of

globalization

can be valuable tools to break the local syndications and enable the public to use the

products

manufactured anywhere in the world. Despite few positive aspects of the advancement of global firms as well as

globalization

, it

also

has few negative sites. Since more giant conglomerates are now dominating the world

market

with

globalization

, 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

of cosmetics. As

such

, there is no noticeable local cosmetics manufacturer can be observed in

this

country

.

Thus

, with the help of

globalization

, cross-

country

organizations are more likely to ruin local businesses. In conclusion, in spite of having few contributions to the economy, multi

countries

institutions are creating obstacles to grow the small local businesses. In my opinion, larger international organizations are negatively influencing the

market

due to the

globalization

concept

, which is why the advent of these organizations in any

country

should be regulated and monitored correctly.