Many small businesses are being forced to close because they are unable to compete with multinational corporations. What problems does this cause and how can those problems be solved?
In
this
contemporary era, it is irrefutable that globalisation is affecting many domains, business is one of them. A plethora of low-income business is being compelled to shut down due to the incapability of competing with international organisations. Linking Words
This
results in the closure of small regional shops and the Linking Words
government
should not only promote local businesses but Use synonyms
also
create local Linking Words
markets
. The upcoming paragraphs will shed light on these in details.
To commence with, the pivotal repercussion of Use synonyms
this
trend is that small local shops are getting closed. Linking Words
In addition
, if the giant shopping malls advertise their Linking Words
products
in the Use synonyms
markets
, the local convenience stores will not be able to compete as they do not have enough wealth for the endorsement of their Use synonyms
products
. Use synonyms
For instance
, a survey recently conducted by BBC News has revealed that many regional stores closed after Big Bazaar entered the Indian market in the Linking Words
last
decade. Linking Words
Moreover
, Linking Words
This
affects many families who depend on those small stores for their bread and butter. Linking Words
Therefore
, the entrance of multinational companies affects local businesses badly.
To tackle Linking Words
this
problem, the Linking Words
government
should promote the regional Use synonyms
products
through the media, newspapers, and other means Use synonyms
such
as radio. Linking Words
Furthermore
, the authorities can create local Linking Words
markets
where regional small businessmen can do their business. Use synonyms
For example
, research conducted by The British Linking Words
Government
shows that India helped many small cotton shopkeepers by creating local Use synonyms
markets
in its major cities in the Use synonyms
last
two decades. Linking Words
Thus
, helping local shops by creating a marketplace and promoting their goods can resolve Linking Words
this
problem.
In conclusion, Linking Words
this
essay discussed that because of global organisations, small local businesses are being closed. The solution to Linking Words
this
problem lies with the Linking Words
government
who can tackle Use synonyms
this
by installing new marketplaces and creating awareness in the public to use the regional Linking Words
products
.Use synonyms
Submitted by Chandan Kumar Singh on
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Answer the 'Problem and Solution' topic
Problem-and-solution essays fall naturally into two parts, the first describing and exploring the problem, the second setting out the solution or solutions.
You essay structure should look something like this:
- Introduction
- Body paragraph 1 – Problems
- Body paragraph 2 – Solutions
- Conclusion
Examples to start your body paragraph:
- One of the first problems of the...
- Another problem that needs to be considered...
- A possible solution to this problem would be...
- One immediate practical solution is to...