The spread of multinational companies and the increase of globalization produces positive effects for everyone. To what extent do you agree or disagree?
In the modern ,world the importance of
globalization
which was always debatable has now become more controversial with many people claiming that it is beneficial while
other schools of opinion reject this
notion. The substantial influence of the trend has sparked controversy over the potential impact in recent years. This
essay will further
elaborate my views for favouring the positive trend of benefits from globalization
to everyone and thus
will lead to a logical conclusion.
To begin
with, urbanisation is the first and foremost reason for the spread of multinational companies in a Nation. Moreover
, they offer lots of benefits to the population in a country such
as job opportunities and increase the market economy of the country. In addition
, big MNC companies have a huge impact on developing a country's wealth and determining its economic value. For instance
, the Ford Motor industry had made a huge impact on sales and provided a lot of jobs to youngsters in India. Due to
this
, the Indian economy had raised in the share market.
On the other hand
, globalization
can make a huge influence on a nation. Although
, it can create a lot of business
and trade easy and make international transport. Furthermore
, it is one of the key elements for doing business
overseas, because it helps to spread the products and business
activity across international borders. Along with
, it helps entrepreneurs to reduce the cost rate and create a change in the quality of products,Correct pronoun usage
thiswith
as well as
, increase labour mobility. To vindicate, according to
Forbes magazine, it is reported that globalization
is useful for trade and business
operations of the nation.
To sum up
, MNCs and Globalization
have a positive effect in producing job offers for unemployment , according to
the arguments mentioned above one can reach the conclusion that the benefits of Multinational companies are indeed too great to ignore.Submitted by fazilharis20 on
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