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

Recently, it has become the norm that multinational corporations have
rising
Correct article usage
a rising
show examples
tendency to operate in
the
Correct article usage
apply
show examples
developing
countries
. While
this
trend has significant advantages, there are some drawbacks that it caused.
To begin
with, the
first
obvious benefit that international
companies
offer to
third
-world
countries
is that they significantly reduce the unemployment rates.
This
owing to the fact that since
income
Add an article
the income
show examples
of these
countries
citizens are low in comparison to developed nations income, these
companies
offer
an
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apply
show examples
attractive remuneration
packages
Correct the article-noun agreement
package
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in those
countries
local currency
that is
most of the local
labors
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labourers
show examples
are more likely to accept.
In addition
to that, the
employees
of these international
companies
gain pivotal
work
experience. Another advantage is that these
companies
are contributing
in
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to
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enhancing these
countries
economy
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economies
show examples
.
This
is because when there
are
Change the verb form
is
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an increased number of
working
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the working
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force receiving higher salaries, they pay more taxes to their
countries
;
hence
, they play an integral part to improve their
countries
infrastructure,
for instance
,
as
Correct your spelling
a
show examples
country
Add an article
a country
show examples
like Kenya is a clear
evident
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evidence
show examples
of
such
improvement.
On the other hand
, these
companies
have caused a stressful life for their
employees
despite the high pay grade they offer.
This
based on the fact that these
companies
have rigorous
work
policy
Fix the agreement mistake
policies
show examples
to meet their deadlines in time.
As a result
, they force their
employees
to
work
for 10 hours or more
with
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apply
show examples
no on a daily basis with no weekends in order to finish their tasks.
Consequently
, many of these
employees
started to develop depression, even some of them committed suicide because of being unable to handle
such
harsh conditions. Another demerit of
this
development is that the business of these
companies
has a detrimental effect on the environment.
This
is because they mainly aim to build factories at lower
cost
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costs
show examples
that eventually produce harmful fumes;
this
due to the developed
countries
do not have laws that forbid
such
activities or impose higher taxes.
For example
, China has
a
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apply
show examples
noticeable air pollution, because of the great number of multinational
companies
’ factories located there. In conclusion, despite multinational
companies
indeed have benefits for individuals
such
securing
Change preposition
as securing
show examples
job opportunities with high paygrade
besides
the economic benefit to
host
Correct article usage
the host
show examples
country, there are negative effects that these
companies
caused
such
as extreme
work
conditions and environmental damage.
Submitted by omarmohamed995 on

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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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