Large businesses have big budgets for marketing and production and as a result, people gravitate towards buying their products. What problems does this cause? What could be done to encourage people buy local products?
Nowadays,
people
prefer buying the products
of large companies which spends a big sum of money on marketing and production. In this
essay, I will discuss the problems caused by this
behaviour as well ways to encourage people
to buy locally produced goods.
As companies increase in size and produce more, they acheive
economies of scale. Correct your spelling
achieve
As a result
, they are able to compete in the market by offering low prices. In addition
, they spend a lot of money on marketing and promotion, which induce people
to buy more of their products
. This
causes a major problem. People
are discouraged to buy locally produced products
, which can destroy the local economy. For example
, Egypt is famous by
producing Change preposition
for
high quality
cotton. Add a hyphen
high-quality
However
, the garment
industry is sufferring
because of the intense competition from Chinese Correct your spelling
suffering
garment
companies, as they offer very low prices compared with the Chinese alternative. Consequently
, Egypt is now exporting the majority of its cotton production as a raw material. Hence
, this
deprives the enomony
Correct your spelling
economy
from
the Change the preposition
of
value added
impact of Add a hyphen
value-added
manufaturing
and selling the final product.
There are some strategies to overcome that. Correct your spelling
manufacturing
Firstly
, Egypt's government can encourage investments in garment
manufacturing by giving incentives to local investors, for example
, by reducing taxes for this
sector. Secondly
, garment
manufacturers can produce high end
Add a hyphen
high-end
products
with the
Correct article usage
apply
high quality
cotton locally grown, to appeal to Add a hyphen
high-quality
the
affluent consumers. Correct article usage
apply
Thirdly
, the government can encourage small and medium businesses in this
sector by providing them low interest
loans.
In conclusion, price competition from big corporations is fierce, and consumers are lured by low Add a hyphen
low-interest
procies
which can kill local industries. Correct your spelling
prices
proxies
However
, several startegies
can be made to induce consumers to buy local Correct your spelling
strategies
products
.Submitted by mariam.elmenabawy on
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Answer the 'Problem and Solution' topic
Problem-and-solution essays fall naturally into two parts, the first describing and exploring the problem, the second setting out the solution or solutions.
You essay structure should look something like this:
- Introduction
- Body paragraph 1 – Problems
- Body paragraph 2 – Solutions
- Conclusion
Examples to start your body paragraph:
- One of the first problems of the...
- Another problem that needs to be considered...
- A possible solution to this problem would be...
- One immediate practical solution is to...
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