Many small businesses are being forced to close because they are unable to compete with multinational corporations. What problem does this cause and how can those problems be solved?
In
this
contemporary era, It is impossible to deny that globalisation affects many domains, especially business. The number of small business is near to end because of multinational corporations. They have lower income and cannot compete with these firms. Linking Words
This
essay will discuss a couple of issues and will Linking Words
also
suggest some solutions to tackle Linking Words
this
problem in the forthcoming paragraphs.
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To begin
with, there are some problems with large scale trade. Linking Words
Firstly
, large firms advertising their business on large platforms Linking Words
such
as cinemas, TV commercials and so on. Whereas, small vendor do not have enough money to compete with them. Linking Words
For instance
, In a survey conducted by Times news was found that 80% of small shops are affecting by the open of Big Bazaar, Vishal Mega Mart and Dmart. People like to buy things from the malls. Linking Words
Moreover
, small businessmen do not have any other source of income. For them, these are the only bread to earn.
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Moreover
, there are some possible solutions to solve these problems. Linking Words
Firstly
, the government should help the small seller to advertise their products on social media, TV commercials and live radio. Linking Words
Secondly
, the authorities should Linking Words
also
promote their local work. So that folks can buy these local products at a reasonable cost. Linking Words
Furthermore
, a small broker should Linking Words
also
give some discount to attract customers. Linking Words
For instance
, In Vmart there is up to 29% discount on everything and more customers attract by these discounts.
To conclude, the above essay discussed the problems and some possible solutions to help local retailers. The government can help them to earn their bread.Linking Words
Submitted by Rajwinder Kaur on
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