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

#businesses #companies #outweigh
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 appearance of large companies, the
first
 and foremost downside 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.
Hence
, the more a line of work develops, the higher expenses they need to devote to their
products
 .
As a result
, these
products
 become unaffordable for the lowest-paid classes since their favourite shops providing cheaper
products
 have been eliminated.
On the other hand
, despite the fact that they have an unfavourable impact on small careers and force them to die, these big jobs will become prominent and multinational after a while and they will be able to gain people’s trust.
Consequently
, they 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.
Submitted by z.rezayi1999 on

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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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