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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?

#countries #companies #products #trend #quality #life
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In the present age, foreign national
companies
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 are expanding their businesses and becoming imperative due to their
product
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 offerings worldwide. Some advocates think that
this
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 is a negative development that affects the quality of
life
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, while I disagree with
this
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 notion. The upcoming paragraphs will analyze why these organisations are essential to improve the quality of
life
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.
Firstly
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, multinational cooperations offer different products with immense benefits to the customer.
This
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 is because they invest a huge amount of money into research about the country and the
product
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 and
then
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 start the
business
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 in a foreign market to attract the
people
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.
For instance
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, Apple is famous in the world due to its wide range of mobile phones and unique features which provide benefits to its users.
Moreover
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, they
also
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 create competition in the market which helps the consumers to choose the best
product
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 at the best price. So it could be stressed that overall
this
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 creates a positive impact on the quality of
life
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 of
people
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.
Secondly
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, multinational organisations
also
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 help in the growth of the economy. They establish their
business
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 in a foreign country and
also
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 pay a huge amount of tax to the government.
In other words
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, the government earns revenue from these
companies
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 and allow them to do
business
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 there.
For example
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, Google pays a high amount of tax to the Indian government because they want to run their
business
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 in India.
Consequently
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,
this
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 ultimately helps in increasing the gross domestic
product
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 of India.
Hence
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, observing
such
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 scenarios it could be said that these foreign traders are beneficial for
people
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. In conclusion, some
people
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 may claim that multinational
companies
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 are getting popular due to their products and services and are affecting negatively human
life
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.
However
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, 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
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 foreign
companies
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 should be welcomed by their countries.
Submitted by Mamta on

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