Multinational companies are becoming increasingly common in developing countries.What are the advantages and disadvantages of this?

Developing countries have been known for being the underdog when it comes to being part of cultural, political or economical changes. Nowadays, multinational corporations have been growing within these regions. In
this
essay, I will discuss the pros and cons that they could bring to customers
as well as
to small companies. First of all, having international shops would allow buyers to have a wider variety of places to choose from in low-income countries.
For instance
, they can find different tastes, designs and even prices. Going from a larger range of luxury to cheaper items. One example of
this
. can be the fashion industry. Shops like Versace, Louis Vuitton, Rolex, etcetera, have opened new locations in different counties increasing quickly their presence in these emergent nations like Asian countries' products that can be cheaper than local competitors.
However
, for small or independent businesses competing with these enterprises could rise the difficulty to achieve effective sales and get noticed by consumers in poor nations. it is often not easy to be in the same business with an emerging and international group. In order to compete,
for example
, they would need to lower their prices and pay more for advertising.
Consequently
, some small businesses tend to disappear.
To conclude
, it is important for a country to support these multinationals and offer a wide range of products to the local people.
Although
it is exciting to see new products, small stores may be affected by new enterprises. I truly believe that we have to be careful, as consumers, to balance out the consumption between these new companies and national competitors to let them grow.
Submitted by Andrea Barreto on

Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Writing9 with appropriate and specific direction to the original content.

Answer the 'Advantages and Disadvantages' topic

IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.

Answer structure for the type of essay

  • Introduction
  • Body paragraph 1 – advantages
  • Body paragraph 2 – disadvantages
  • Conclusion

Examples to start your body paragraph:

  • The main advantage is...
  • The disadvantage of this...
  • The main benefit...
  • Despite these advantages...
  • One possible drawback...

Discover more tips in The Ultimate Guide to Get a Target Band Score of 7+ »— a book that's free for 🚀 Premium users.

Topic Vocabulary:
  • Globalization
  • Multinational corporations (MNCs)
  • Foreign direct investment (FDI)
  • Developing economies
  • Infrastructure development
  • Capacity building
  • Cultural diversity
  • Sustainability
  • Corporate social responsibility (CSR)
  • Technological transfer
  • Economic disparity
  • Market saturation
  • Brain drain
  • Indigenous industries
  • Expatriate management
  • Trade imbalance
What to do next:
Look at other essays: