Multinational companies are becoming increasingly common in developing countries. What are the advantages and disadvantages of this?

Nowadays, more and more multinational
companies
are launching in developing nations. I am of the opinion that it is advantageous to have those organizations in developing countries as that will create more employment
opportunities
for local people. That said, the drawbacks can be that there might be forced
labor
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labour
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with cheaper salary.
This
essay will explain those ideas. Establishing multinational
companies
in developing parts of the
world
have some positive sides. It will indeed provide more employment
opportunities
for the people living in the area, resulting in economic growth.
For instance
,
companies
like NIKE,
they
Correct pronoun usage
apply
show examples
have manufacturing factories around the
world
, especially in those poorer countries. Thousands of local people have
opportunities
to work in the factory. Another example is McDonald that can be seen everywhere in towns and cities. They have not only been creating jobs for communities
,
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apply
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but
also
more access to the services provided by the company undoubtedly. These facts lead to financial prosperity in those developing nations.
Conversely
, there are some negative aspects of having multinational
companies
in
the
Correct article usage
apply
show examples
poor countries. Usually, those mega industries prefer to have their manufacturing factories in the developing parts of the
world
as it is cheaper to hire
labors
Replace the word
labourers
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. There might be child exploitation or forced
labor
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labour
show examples
with tremendously low wage, which can be against
the
Correct article usage
apply
show examples
human rights. To illustrate, there
have
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has
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been
a news
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news
a piece of news
show examples
saying that the clothing company, UNIQLO, have been employing minors to work in their factory in Uyghur, which is totally not acceptable and against the law of child protection. In conclusion,
growing
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a growing
show examples
number of international
companies
are seen in
the
Correct article usage
apply
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poor areas in the
world
. It is advantageous because it provides society with more employment
opportunities
and will prosper the country’s economy.
However
, forced
labor
Change the spelling
labour
show examples
or exploit children in
workforce
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the workforce
show examples
could be the drawbacks
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    • Sentence 2 - Example
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Topic Vocabulary:
  • Globalization
  • Multinational corporations (MNCs)
  • Foreign direct investment (FDI)
  • Developing economies
  • Infrastructure development
  • Capacity building
  • Cultural diversity
  • Sustainability
  • Corporate social responsibility (CSR)
  • Technological transfer
  • Economic disparity
  • Market saturation
  • Brain drain
  • Indigenous industries
  • Expatriate management
  • Trade imbalance
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