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

companies

with a wide variety of nationalities are getting significantly popular in growing countries.

This

phenomenon has upsides like developing an excellent lifestyle by bringing employees from more advanced territories.

However

, they may become competitors of local firms and cause financial issues

to

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for

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them. I opine prons

wiegh

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weigh

out cons as explained below. Having multinational

companies

in a region means bringing individuals with different backgrounds, cultures, and educations to that place which leads to

enhancement

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the enhancement

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of people's mindset growth. To illustrate, if some Europeans, Americans, and Australians move to a developing country like Turkey to work for those

companies

, they will bring their thoughts, behaviour, and culture as well.

Therefore

, little by little, their coworkers will get influenced by them and will show Improvement in their personalities.

This

Will spread all around the cities and soon local people would have a better way to think and live. The results of recent research shows, gossiping in Denizli city

where

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which

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is located in Turkey has decreased by 50% in only two years

due to

copying

American

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the American

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lifestyle they have seen in their

colleagues

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colleague's

colleagues'

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routines. It simply shows by merging cultures the ones in third or

second world

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second-world

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countries can benefit from it. On the other side, these firms are able to use

science

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the science

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and technology of other parts of the world thanks to their International workers.

Hence

they may become more successful in an area and pose a danger of bankruptcy for peer businesses Recent research revealed that 25% of all businesses have

been

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apply

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disappeared after being incapable of competing with their rivals. In conclusion,

while

multinational

companies

are growing in developing territories it can be beneficial for enhancing

culture

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the culture

a culture

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of the area,

Although

it can have awful effects on regional jobs. I personally believe

this

is a positive development and side effects can be tackled by suitable approaches