In most countries multinational companies and their products are becoming more and more important. This trend is seriously damaging our quality of life. Do you agree or disagree?

In the present age, foreign national

companies

are expanding their businesses and becoming imperative due to their

product

offerings worldwide. Some advocates think that

this

is a negative development that affects the quality of

life

, while I disagree with

this

notion. The upcoming paragraphs will analyze why these organisations are essential to improve the quality of

life

.

Firstly

, multinational cooperations offer different products with immense benefits to the customer.

This

is because they invest a huge amount of money into research about the country and the

product

and

then

start the

business

in a foreign market to attract the

people

.

For instance

, Apple is famous in the world due to its wide range of mobile phones and unique features which provide benefits to its users.

Moreover

, they

also

create competition in the market which helps the consumers to choose the best

product

at the best price. So it could be stressed that overall

this

creates a positive impact on the quality of

life

of

people

.

Secondly

, multinational organisations

also

help in the growth of the economy. They establish their

business

in a foreign country and

also

pay a huge amount of tax to the government.

In other words

, the government earns revenue from these

companies

and allow them to do

business

there.

For example

, Google pays a high amount of tax to the Indian government because they want to run their

business

in India.

Consequently

,

this

ultimately helps in increasing the gross domestic

product

of India.

Hence

, observing

such

scenarios it could be said that these foreign traders are beneficial for

people

. In conclusion, some

people

may claim that multinational

companies

are getting popular due to their products and services and are affecting negatively human

life

.

However

, In my opinion, it is creating a positive effect since it offers a huge range of products to worldwide customers and helps in contributing to the overall growth of the country's economy. If countries want to grow in the future,

then

foreign

companies

should be welcomed by their countries.