In recent times, the phenomenon of supplanting small enterprises with large multinational
corporations
has gained momentum. Use synonyms
While
Linking Words
this
trend has advantages Linking Words
such
as potential economic growth, and the incoming technological advances to the local countries, the disadvantages it has, including diminishing competition and job losses in local areas, outweigh the benefits.
One of the main merits of transnational companies is their potential to stimulate the economic field. The knowledge, financial recourses and experience they have earned over the years may probably help the country's economic situation to be improved. Linking Words
For example
, they may offer a wide range of products and services which have not probably been in a good condition and Linking Words
this
may Linking Words
also
provide diversity for consumers. Linking Words
In addition
, when transnational Linking Words
corporations
enter one country, they don't just come with their money, Use synonyms
also
they do technological investment and these cutting-edge technologies can lead to the country's development in Linking Words
this
field too.
Linking Words
On the other hand
, the drawbacks of Linking Words
this
trend Linking Words
also
are notable. The work of enormous proportion of people associated with small businesses and If small businesses disappear and Linking Words
be
replaced by multinational Wrong verb form
are
corporations
, the employees might lose their Use synonyms
job
. Fix the agreement mistake
jobs
Furthermore
, transnational Linking Words
corporations
have a huge amount of financial Use synonyms
recourses
and capacity and they have an opportunity to control a specific part of the market and Correct your spelling
resources
this
can lead to a monopoly. Linking Words
For instance
, they may affect the prices in markets and Linking Words
also
can easily break their small competitors.
In conclusion, Linking Words
although
the replacement of small businesses by multinational enterprises can have a positive impact on economics and technological advances, the negatives of Linking Words
this
Linking Words
such
as monopoly and unemployment outweigh any advantageLinking Words
moxinurabjalilova