Multinational companies improve the quality of life in the foreign countries where they sell their goods. To what extent do you agree or disagree?
The first and foremost goal of companies and industries is to get a profit.
However
, it is often debated that multinational firms are supposed to enhance the living standard of people where their product is being sold. Linking Words
This
essay doesn’t agree with Linking Words
such
a phenomenon as scores of factors are considered Linking Words
while
drawing conclusions and are illustrated in Linking Words
this
writing.
To start with, as mentioned earlier numerous factors are taken into account Linking Words
while
setting the companies, Linking Words
such
as demand for the product, availability of cheap labour and resources, energy prices and etc. Linking Words
Therefore
, it is not necessary that every time a company engaged in some import tends to enhance and upgrade the standard of their citizens. Linking Words
For example
, certain countries are dependent on others for their basic commodities in Linking Words
such
a case it is a necessity for them not to be considered as an improvement in their life.
Linking Words
Nevertheless
, it depends on what you are selling either commodities or fashion items. I believe there are more advantages to the home country in setting up manufacturing entities in their country as the number of opportunities for jobs is increased, Linking Words
hence
improving the Linking Words
overall
lives and livelihood of local people. Linking Words
Furthermore
, more skills and technology are being transferred to the host nation. Linking Words
Furthermore
, various indicators that judge the Linking Words
overall
economy are improved like foreign direct investment. Linking Words
For example
, China is host to a plethora of multinational giants owing to cheap labour Linking Words
although
China itself is fast growing economy.
In a nutshell, it is of utmost importance to continue the cycle of the supply chain, and imports and exports are meant to improve trade relations between countries. Since the imported items tend to either fulfil the needs or enhance their living standards.Linking Words
Submitted by ahmed.22waqas on
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