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

Due to

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globalization, developing countries are becoming home to many big

multi-national

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multinational

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companies

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.

Majority

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The majority

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of the folks are in favour of the statement

due to

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its number of merit points.

While

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some focus on its demerit points. Both advantages and disadvantages of the above statement will be discussed. Initiating with

th

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the

benefits the first and foremost one is that these

companies

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help the economy grow by bringing in the foreign direct investment

as well as

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it

also

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increases the employment opportunities.

Thus

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, helping new grads with their employment. To cite an example, Bangalore in India is the hub for many IT

companies

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which

it

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apply

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is

also

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known as the Silicon Valley of India. Another benefit which can strike the minds of people can be helping them to groom their skills

nd

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and

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abilities by providing them exposure

of

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to

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different work cultures and ethics. On its darker side, some

if

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of

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the drawbacks which make it problematic are, first it will affect the local market as big

companies

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offer more money compared to local.

Secondly

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, as the competition increases in the market, it will motivate corruption.

For instance

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, people like politicians in some countries are famous for under-the-table dealings.

Last

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but not least a country will not be able to advertise their own product like Made in India , Made in America.  In conclusion, neither pros can be neglected nor its cons. It's a mixed bag of positives and negatives. In my opinion, if the government of a particular country takes into consideration all of

this

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and makes Strict rules and regulations for MNCs

then

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it might prove beneficial.