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

#businesses #companies #outweigh
The growing economy of the
world
 is based on a
number
 of increasing businesses, while big
companies
 and small retailers are part of it.
However
, with the increasing
number
 of large multinational
companies
, small businesses are starting to rattle.
Thus
,
this
 essay will elaborate on the merits and demerits part of large retail
companies
 overshadowing the performance of tiny shops. There is no doubt that large organizations have always been dominant over small organizations.
Firstly
, these huge named and famed
companies
 can easily expand themselves throughout the
world
, as they would have huge sums of capital to grow in the market.
For example
, Since, Apple
company
 is the biggest global
company
 in the
world
 right now, they have to dethrone
companies
 like Samsung and Nokia.
Similarly
, with a well-known brand name
also
 a
company
 can make itself more visible to the consumer.
Consequently
, the
company
 will gradually take a peek at their performances.
As a result
, a huge
company
 like Nike would get more recognition and praise. For these reasons, the advantages of big
companies
 over tiny businesses cannot be denied.
Nonetheless
, there is no guarantee that a large
company
 will only bring positivity to our community. The
first
 reason is that, While a large
number
 of people will enjoy and prefer using the branded product in their daily life,
this
 will reduce the value of the local products.
For instance
, a huge
number
 of people in China are consumers of the Apple iPhone, losing their interest in locally made phones like oppo, Huawei and Mi.
Secondly
, with the decreasing value of homemade items, the government of that nation will not be able to generate enough budget at the end of the year.
This
 will led to unbalance economy and will result in problems like unemployment, an undeveloped a country. In conclusion, despite bulk dealing organisation has the majority of their shares in today's
world
 bringing prominent prosperity to the
world
 economy, while the public losing their preferences over gourmet products.
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Include an introduction and conclusion

A conclusion is essential for IELTS writing task 2. It is more important than most people realise. You will be penalised for missing a conclusion in your IELTS essay.

The easiest paragraph to write in an essay is the conclusion paragraph. This is because the paragraph mostly contains information that has already been presented in the essay – it is just the repetition of some information written in the introduction paragraph and supporting paragraphs.

The conclusion paragraph only has 3 sentences:

  • Summary
  • Restatement of thesis
  • Prediction or recommendation

Example:

To summarize, a robotic teacher does not have the necessary disciple to properly give instructions to students and actually works to retard the ability of a student to comprehend new lessons. Therefore, it is clear that the idea of running a classroom completely by a machine cannot be supported. After thorough analysis on this subject, it is predicted that the adverse effects of the debate over technology-driven teaching will always be greater than the positive effects, and because of this, classroom teachers will never be substituted for technology.

Start your conclusion with a linking phrase. Here are some examples:

  • In conclusion
  • To conclude
  • To summarize
  • Finally
  • In a nutshell
  • In general

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Topic Vocabulary:
  • Displacement
  • Economies of scale
  • Local economies
  • Standardization
  • Cultural homogenization
  • Personalized service
  • Innovation
  • Community investments
  • Environmental impact
  • Competitive prices
  • Tax contributions
  • Job losses
  • Cultural diversity
  • Local employment opportunities
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