Small businesses are disappearing and being replaced by large multinational companies. Do the advantages of this outweigh the disadvantages?

Whilst it is debatable
that is
it advantageous of
introduction
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the introduction
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of large market players which is causing outrest for the local business owners. Notwithstanding some merits in the former view. My opinion is that it is not beneficial for the consumers in
longer
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the longer
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run. Explicated below are my perspectives on both the views and the basis for my belief. On the one hand, the contention that globalization in
retail
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the retail
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sector may have perceptible benefits of competitive prices, better quality and services.
Nevertheless
, it lacks the conviction that with
such
transformation whole market dynamics will be transferred to few top players and it will eventually create
monopoly
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a monopoly
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in any particular sector. To substantiate these, I would illustrate a recently published report by the department of small and medium scale industries which highlight monopoly as the prime reason for the decrease in
opening
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the opening
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of new businesses in
last
five years.
Therefore
I believe that to have a fair business platform there should be a restriction on the level of involvement of
such
companies.
On the other hand
, the counterview has apparent benefits of local development and
also
culture
preservence
Correct your spelling
presence
in the urban areas. The case in point is shop owners and other low scale businesses will be worst hit with
such
inclination and transformation.
Therefore
, I am of the opinion that
such
dymanics
Correct your spelling
dynamics
should be closely monitored by the administrative bodies for the benefit of all. In conclusion, having elucidated both the views, and anecdotal evidence presented in support of my assertions. I would like to recommend that
the
Correct article usage
apply
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globalization and foreign direct investment should have a ceiling value and
also
be restricted in certain industries for the benefit of public and local industries.
Submitted by cjsvig on

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    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

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Topic Vocabulary:
  • Displacement
  • Economies of scale
  • Local economies
  • Standardization
  • Cultural homogenization
  • Personalized service
  • Innovation
  • Community investments
  • Environmental impact
  • Competitive prices
  • Tax contributions
  • Job losses
  • Cultural diversity
  • Local employment opportunities
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