Small businesses are disappearing and being replaced by large multinational companies. Do the advantages of this outweigh the disadvantages?

In

this

present era, small

companies

are increasingly phasing out and being substituted with large multinational

companies

.

Although

,

this

development has great benefits of providing a plethora of job opportunities and increased customer satisfaction, the drawbacks of

this

result in environmental pollution.

This

essay will analyse the merits and demerits that arise with substituting for multinational organizations. One major benefit of large

companies

over small businesses is the wide range of job opportunities. Nowadays, there is an increase in the number of unemployed individuals and

this

is due to a lack of jobs. Many multinational organizations use skilled labour for their operations.

This

gives an opportunity to the local dwellers to utilize their skills in a larger setting and

thus

creating employment.

In addition

, products manufactured by large

companies

go through quality checks before being distributed to the market for sale.

This

gives consumers assurance regarding the product. In most cases, a warranty period is stated when the product is faulty.

For instance

, a friend bought a blender from a small store but stopped functioning after a few days of using it. It could not be returned to the vendor,

therefore

opted for a new one from the manufacturers of the brand. Some examples like

this

clearly show the advantages of large

companies

.

However

, multinational organizations produce bulk orders at once constituting plenty of waste. Recently, many waste products have been channelled into waterways causing water pollution. Wrong disposal of packaging materials is of environmental concern as many individuals do not know how to recycle papers and plastics.

This

activity has proven to be detrimental to the health of a society causing a range of ailments. In conclusion,

although

this

development has some drawbacks, I believe that they are outweighed by the advantages. It increases the employment rate and customer satisfaction.