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?

There is no doubt that
companies
are able to market their products all around the world due to globalisation. It is believed that the emergence of multinational
companies
has forced many small businesses to close.
This
essay will explore the major problems available and the solutions to resolve these issues.
To begin
with, organisations are able to sell their products throughout the world using air, sea and land transport.
This
results in
closure
Correct article usage
the closure
show examples
of multiple small local
companies
, which leads to a decrease in job opportunities.
In addition
, local
companies
usually produce goods that have cultural and historical values. With
closure
Add an article
the closure
show examples
of local
business
Fix the agreement mistake
businesses
show examples
, there is a
dissappearance
Correct your spelling
disappearance
of the cultures and traditions of a country.
Moreover
, the increase in multinational fast-food restaurants
such
as
McDonalds
Change noun form
Mcdonald's
Mcdonalds'
show examples
has
Correct your spelling
a negative
anegative
Correct article usage
an anegative
show examples
impact on the health of the public as well. In order to solve these problems, local sellers can try to boost their sales by engaging
online
Change preposition
in online
show examples
marketing. Nowadays people can access information easily with the Internet.
Hence
, online advertisements spread quickly, thereby increasing the sales of products. On top of that, the government can help by providing funds to local
companies
. The government can
also
assist in promoting
business
Correct article usage
the business
show examples
of small
companies
through the use of social media and radio.
Lastly
, businessmen can
also
enrol in sales and marketing classes to learn more about skills that can increase profit. In conclusion,
although
there is a rise in business competition due to multinational
companies
, I believe that the government and businessmen can take several measures to solve
this
problem.
Submitted by khaishien.hong on

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