Large businesses have big budgets for marketing and promotion and as result, people gravitate towards buying their products. What problems does this cause?

Nowadays Big organizations invest a huge amount of money in marketing and promoting,
consequently
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,consequently
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people attracts towards Their products.while small businesses fail to reach potential customers,
This
can lead to some problems,
such
as the closure of the local market,unemployment and monopoly in the market.there is a viable condition via decreasing taxes and extra funding. Naturally,consumers prefer to buy goods that were consciously and unconsciously promulgated in their minds by large brands,due to many local corporate,even with their quality goods cannot attract consumers.The dominance of international trademark
thus
ruins local
business
entities, as a consequence, many local small corporate is becoming out of emporium and it can make thousands of individuals unemployed,
Moreover
,creative and deceptive advertisement and marketing policies of a big player create a monopoly in the market which traps the customer in believing that bigger trademark means prestige and quality,
For instance
,the dominance of international clothing and fashion trademark has swept away local corporate in local Asian countries. In order to combat
this
, both government and society should support local manufacturing.The
first
solution should be that authorities should reduce the taxes on regional products and motivate citizens to promote and purchase them, Corporations should be able to generate excessive sales to ensure their existence.The
second
measure should be to raise funds to support local developing
business
Fix the agreement mistake
businesses
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,
For example
,the government can create a marketplace where production can be represented by the public. ,
eventually
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,eventually
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all these initiatives will local population to small corporates ,thereby improving their
business
. In ,conclusion internationally branded things,have contributed to success through
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a
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promotion that results in the destruction of the native
business
.
However
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,However
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it can be tackled by supporting by decreasing taxes and founding places for trade
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Topic Vocabulary:
  • over-reliance
  • disrupts
  • entrepreneurship
  • economic diversity
  • monopolistic
  • financial power
  • homogenization
  • awareness campaigns
  • tax incentives
  • sustainability
  • artisan
  • eco-friendly
  • dominate
  • innovation
  • stifle
  • richness
  • cultures
  • traditions
  • highlighting
  • distinguish
  • superior
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