Nowadays, some international companies become more and more powerful. Some people think it is a negative development. Do you agree or disagree?

In recent times, we can find that many global
firms
are growing more rapidly than before. Some
people
suggest that
this
phenomenon is bad progress
while
I personally believe that the progress of international corporations should not be deemed as a negative fact. On the one hand, there are two main reasons why
people
think that the growth of international
companies
is a negative trend.
Firstly
, the development of local businesses will be negatively affected because global
companies
give a competitive price to customers. In general, transnational corporations have an advanced position to negotiate the price of raw materials
due to
the vast demand,
therefore
, the cost of production is much lower than small local
firms
, and
thus
the selling price to clients is more competitive.
Secondly
, it can lead to market unfairness if international
companies
become stronger. Giant global
firms
develop their business in different areas, and they can take an unfair advantage to win more clients through their close relationships with governments and counterparties.
For instance
, some big international banks obtain some proficient policies from local governments by providing senior positions to some public officers’ relatives.
On the other hand
, I stand with these
people
who believe that it is a positive development that global
firms
are increasingly powerful. Help boost the local economy and widen
people
’s version of the world. Global big
firms
provide a large number of job opportunities to
people
who are located in different countries.
For instance
,
people
from developing countries can learn technical skills from their jobs in big
companies
and increase their professional knowledge through job training.
People
who work in international corporations need to collaborate with colleagues from different backgrounds and nationalities, and they can be more open-minded by communicating and cooperating with different
people
.
Furthermore
, these
people
can utilize their international working experiences to assist local
companies
’ growth. In conclusion,
although
the growth of international
companies
can have a negative impact on the development of local business and market fairness, I believe that it is positive progress because international
companies
aid in resolving the unemployment issue and widen
people
’s version of the world.
Submitted by shaojiedang on

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