Some people believe that the activities of large multinational corporations mostly benefit the economies of developing countries. Other people take the opposite view and feel that these large multinationals are general harmful. Discuss both views and give your opinion

In
this
era of globalisation,multinational
companies
play a vital role to enhance job opportunities.Few masses presume that bigger multinational organisations
gives
Change the verb form
give
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advantages to the revenues of developing nations while others assert that these corporations are negative effects.
This
essay shall delve into both perspectives before commenting on my opinion in subsequent paragraphs. On the one hand,there are a plethora of pros of large multinational
companies
to the developing nations.
Firstly
,it brings a lot of job opportunities to the younger generations.It influenced the youngsters by giving higher wages and promotions.As these organisations are famous worldwide and it boosts the economy of the country.
For example
-Tata is the largest multinational company in India and it
also
gains popularity in other countries by expanding its business.
Secondly
,these
companies
work
for the welfare of the nation as well as by gaining experience of
work
in large multinational
companies
masses are able to establish their own business.It helps to flourish our nation as most folks are employed and there is less rate of unemployment.
On the other hand
,there are some negative effects of these organisations.Today,the competition increases so these
companies
attract more and more
people
to do jobs so employees are not ready to
work
in small scale industries.It affects the growth of global corporations.
Moreover
, due to advertisements and promotions of the products of huge
companies
people
prefer to buy things from these corporations despite price and quality.So it has a bad impact on the economy of that nation because
people
are not buying things from them and they are not earning any profit. To encapsulate,in my ,opinion multinational
companies
provide employment opportunities to
people
and it helps to become developed ,
however
,
people
also
need to
work
for small industries to boost their economy.
Submitted by varinder on

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