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

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Nowadays, there are more and more global co-operates establishing their branches in every country and replacing the local
businesses
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.
Although
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this
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can cause some negative impacts, I strongly believe that
this
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trend has more benefits and will continue in the future.
First
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of all, the replacement of domestic stores by multinational
businesses
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offers a lot of various choices and
also
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, some inconvenience for the citizens. The well-established companies could provide many high-quality products with lower prices for the people thank
to
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their experience in other markets.
For example
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, people living in Ho Chi Minh city can come to Emart, a megamarket having thousands of goods and buy anything with various daily promotions.
On the other hand
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, because of their huge size, the multinational stores can be less flexible and take a lot of time and money. It will save some time for workers to buy their breakfast in a small food vendor than in a supermarket.
Second
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, the presence of foreign co-operates is beneficial for the country. While paying a great deal of taxes, the big companies could,
also
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, create a competitive environment for the economy and increase the competence of the local ones.
For instance
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, when Unilever came to Vietnam, many local
businesses
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in the FMCG industry collapsed, but some of them restructured, survived and became the key players.
However
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, the dependence on foreign
businesses
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, who might favour their global products, can cause some challenges for the local ones to be sold and,
then
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be disappeared. To sum up, it is easy to see that many global companies are replacing the local ones. Though there could be some negative impacts like wasting time and money
,
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or damaging the local products, I think it brings more benefits for both citizens and the economy.
Submitted by studywithmee.2022 on

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Answer the 'Advantages and Disadvantages' topic

IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.

Answer structure for the type of essay

  • Introduction
  • Body paragraph 1 – advantages
  • Body paragraph 2 – disadvantages
  • Conclusion

Examples to start your body paragraph:

  • The main advantage is...
  • The disadvantage of this...
  • The main benefit...
  • Despite these advantages...
  • One possible drawback...

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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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