Some people think the spread of multinational companies and globalization produce positive outcomes for everyone. Do you agree or disagree with the statement?
Over the
last
few decades, a wide range of companies has been pursuing the goal to grasp more market share by establishing production in new countries. This
trend is changing the trajectory of world development rapidly, and many people
, including me, believe that this
has only potential benefits.
First
and foremost, globalization significantly affects the outlook of the global economy. On the one hand, it provides new job
opportunities for local people
. Indeed, while companies organize a production process in a new country, they are looking for employees among locals. They even encourage amateurs to take a chance and try to work in a new field with the promise to give basic knowledge for working and maintain steady development for each employee. Thus
, the number of available job
positions is growing in such
cases that leads to many advantages for the dwellers - more people
could find a decent job
and gain professional skills and experience in contemporary fields. For these people
, it is an excellent opportunity to have a better life.
On the other hand
, such
companies commonly have a more efficient and low-cost manufacturing process due to innovative technologies and methodologies, which leads to selling quality products at lower prices than domestic firms. Moreover
, they usually introduce fresh and innovative products to customers, adding a new sight of ordinary things. For example
, many Chinese items completely defer from products presented on domestic markets like an interactive mirror or a robotic vacuum cleaner, and besides
, they have a comparatively low cost.
In conclusion, there are many benefits of entering foreign corporations in areas all over the world as they improve the economic situation, helping everyone find a job
and increase the quality of the internal market.Submitted by tagubskikh on
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