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

Nowadays,it is not uncommon to see huge multinational organisations engulfing small-scale industries,

thus

making them extinct from the market.There are countless pros and cons associated with

this

.I believe

this

replacement is beneficial for the economy of a nation.I will discuss both pros and cons and give my opinion down here. On the one hand, the benefits of the introduction of large foreign companies include increased customer satisfaction and improved services.Buying products with big companies' labels provides an assurance of quality to the consumer .

For instance

,eating food at a local stall does not guarantee the authenticity of the ingredients used.

On the contrary

,food from an international restaurant chain

such

as Starbucks gives the public a sense of security that the items served are of supreme quality.

In addition

this

,these organisations provide huge salaries and international opportunities to their employees which not only make the employees raise their standards of living, but

also

contribute to the economic development of the country.

On the other hand

, the drawbacks include financial instability for people working in small-scale industries.Many poor and middle-class families who rely on

such

businesses are thrown away from the market.These entrepreneurs either have to switch their professions or undergo a financial crisis.

Moreover

,customers

also

suffer from

this

situation as their daily outlay rises.

For example

, earlier people used to pay Rs.30 for one kilogram of rice and now they are forced to pay Rs.100 for the same quantity since the local entrepreneurs have disappeared to sell these things at low prices. In conclusion,there are more benefits to the appearance of multinational institutions since they help alleviate the problem of poverty and bring foreign investments into the nation. In my opinion,large multinational organisations are no harm to the growth of a country in long run.They provide employment and ultimately help both the citizens and the nation to blossom immensely.

Submitted by POONAMMALIK1901 on Sat Aug 20 2022

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for instance
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such as
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10Linking words
meeting the goal of 7 or more
0Word repetition
meeting the goal of 3 or fewer
0Grammar mistakes
 

5 paragraphs

303 words

0123456789.0505

Overall Band Score

Coherence and Cohesion: 4.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 9.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 6.0

Complete response

7.5

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

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Topic Vocabulary:

Multinational companies (MNCs)
Economies of scale
Cultural homogenization
Market saturation
Local enterprise
Corporate monopoly
Globalization
Grassroots
Economic revitalization
Consumer choice
Cultural diversity
Socio-economic impact
Market dynamics
Corporate social responsibility (CSR)
Environmental stewardship

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

Support ideas with relevant, specific examples

In spite of the advances made in agriculture, many people around the world still go hungry. Why is this the case? What can be done about this problem?

Developing countries require help offered by international organization to ensure healthy and sustainable development. Some people think that financial aids is important. Other believe that practical aid and advice is more important. Discuss both these views and give youw own opinion.

In many Western countries there is an increasing number of couples choosing to have no children for study what are the advantages and disadvantages to couples having no children?

Task 2: Environmental protection should be the responsibility of politicians, not individuals as individuals can do too little. To what extent do you agree or disagree?