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

In

this

developed era, we are constantly observing the establishment of many multinational corporations and huge

businesses

. It is believed that

this

phenomenon has led to the disappearance of smaller

businesses

.

Although

there are some merits and demerits, I believe that the advantages of

this

issue outbalance the drawbacks that come with

this

matter.

To begin

with the disadvantages of the growth in large companies, the

first

and foremost benefit is the expenditure on

products

that these organisations manufacture. To be more precise, these enormous industries should have sufficient capital for opening up their factories.

Also

, they need to hire large numbers of the workforce to reach mass production.

Moreover

, the cost of transportation and giant pieces of equipment is another factor, which is inevitable towards all prices,

as a result

, the more a line of work develops, the higher expenses they need to devote to their

products

which makes it unaffordable for some classes of people

On the other hand

, despite the fact that they have an unfavourable impact on small careers and force them to die, these kinds of industries can take benefit from expansion and progress to a great extent.

First

of all,

although

they need to spend high amounts of money to run their massive business, in return, they earn lucrative incomes which are incomparable to the profit from local

businesses

.

Furthermore

, since these big jobs will become prominent and multinational after a while, they will be able to gain people’s trust and

consequently

, attract more customers. Take a dairy factory as an example, the majority of people prefer to provide milk, yoghurt, and cheese from a firm

that is

authentic and has

health

Replace the word

healthy

show examples

labour than from a small store in which a person generates their

products

without any proof of their purity and health. All in all, more and more people opt for buying their

products

from the confirmed factories so the smaller ones have to struggle with big manufacturing complexes to stay alive in

this

competition. In conclusion,

although

there are some citizens protecting smaller

businesses

to some extent, in general, more individuals are seeking a world-class company as they find it more efficient and reliable.