Because of the global economy, many goods including what we use as everyday basics produced by other countries have to be transported for a long distance. TO what extent do the advantages outweigh the disadvantages?
Due to
emerging globalisation, many items
that are used on a daily basis and are manufactured abroad, need to be imported. This
essay will demonstrate that people get a variety of options to choose from but will also
show how local producers are affected. Whilst acknowledging that there are benefits, the essay will argue that the disadvantages outweigh the advantages.
One of the main advantages is that it increases customer satisfaction. Due to
the internet and multinational companies, citizens are aware of the products
available around the globe. Therefore
, they are interested in purchasing items
of their choice regardless of where they come from. Furthermore
, possession of such
things serves as a status symbol. A reason could be sensitivity. New migrants may intend to purchase products
that they have been utilising in their previous host country. For example
, due to
sensitive skin problems, women purchase skin care products
that suit them, whereas
, these products
might be manufactured in a different region. Hence
, the availability of items
from various areas levels up the scope of consumer contentment.
However
, the regional manufacturers suffer adverse consequences. Firstly
, their products
are sold less due to
price factors. Giant corporations have production strategies where they produce things at a reasonable price, whereas
, local producers have a high cost of production. Because of low ,profit they are incapable of meeting the demands of customers. For instance
, Nepal is a rich country in terms of herbal plants. Unfortunately, the local market that makes daily use products
like soap and toothpaste with herbs struggles to sustain itself due to
high competition with multinational companies. Hence
, insite producers should be protected by buying their products
.
In conclusion, although
most required items
are imported, local markets should be safeguarded to boost the national economy and employment. Hence
, the drawbacks of multinational companies' products
outweigh the benefits.Submitted by joginderkour524 on
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