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Writing Samples
Band 4.5

Many small business are being forced to close because they are unable compete with multinational corporation? what problems does this cause and how can problems be solved?

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Globalization has affected many small
businesses
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 native to the
country
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. Opening up of economies to multi-national companies (MNCs) forced many medium and small
businesses
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 to shut down their operations
,
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apply
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 because they were unable to survive the competition from the MNCs. Small
businesses
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 are
also
Linking Words
 essential contributors to a nation’s economy,
therefore
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, supporting them is important. When small
businesses
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 of a
country
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 are closed down, it will affect the
government
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 as well as the citizens.
For example
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, when small-scale
manufacutrers
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manufacturers
 shut down, the consumer is offered
with
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apply
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limited choices that are only from the big companies and,
as a result
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, they will be forced to buy
products
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 at the price fixed by these
mult
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multi
-national manufacturers.
In other words
Linking Words
, the big company becomes a monopoly in the market.
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Government
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The government
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 is
also
Linking Words
 affected since the
products
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 which
where
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were
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 earlier made in the
country
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, had to be now imported, in turn reducing the Gross Domestic Product (GDP) of the
country
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.
Therefore
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, it is important to regulate the influence that the international players have in our commercial markets. There are various initiatives that can be implemented to protect micro-industries from
the
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apply
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exposure
towards
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to
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 international industries.
Firstly
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,
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government
Add an article
the government
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 must regulate the
amount
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number
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 of
products
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 that the big companies can import, namely, through import duties and additional taxes.
Secondly
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, subsidies can be provided to native manufacturers,
for
Linking Words
example
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,example
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 the subsidies to ‘MSMEs’ provided by the Indian
government
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 to support
businesses
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 in the
post pandemic
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post-pandemic
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 world.
Third
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, will be to enlighten consumers about the importance of buying native
products
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, through campaigns like “Vocal for local” and “Make in India”. These steps would support micro-industries to compete against international players. In summary, local manufacturers are being forced to shut down due to the stiff competition from the multi-national
products
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 which started penetrating the market with the advent of globalization. The closure of local industries will impact a nation’s economy, so, there are various initiatives, that should be implemented to find a solution to
this
Linking Words
 crisis.

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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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