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

Due to

globalization, developing countries are becoming home to many big

multi-national

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multinational

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companies

.

Majority

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The majority

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of the folks are in favour of the statement

due to

its number of merit points.

While

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

help the economy grow by bringing in the foreign direct investment

as well as

it

also

increases the employment opportunities.

Thus

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

companies

which

it

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apply

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is

also

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

offer more money compared to local.

Secondly

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

For instance

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

Last

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

and makes Strict rules and regulations for MNCs

then

it might prove beneficial.