Multinational companies are becoming increasingly common in developing countries. What are the advantages and disadvantages of this?
It is becoming more popular in developing nations to see multinational corporations. There are some benefits
for
Change preposition
to
this
trend Linking Words
such
as the progress in the economy they create in these countries and the availability of jobs, Linking Words
however
, the Linking Words
shut down
of some small local businesses and the lower selling rate of local Correct your spelling
shutdown
products
can be its drawbacks.
The main advantage of the increasing number of these types of companies is the economic progress. Use synonyms
That is
to say, if multinational organizations operate in less-developed nations, Linking Words
this
can bring wealth which boosts industries, trade, and other aspects of the economy. Linking Words
Moreover
, more jobs will be available for the local people. Linking Words
That is
because more workers and managers are needed to work for these companies which can be a good opportunity for locals to find a job. Linking Words
For instance
, after opening a branch of Apple company in Dubai, many local graduates were thrilled by the good news of being accepted to work under Linking Words
this
renowned company.
Linking Words
However
, one of the main disadvantages of Linking Words
this
trend is the drop in the selling rate of Linking Words
the
local Correct article usage
apply
products
. Use synonyms
That is
because of the good reputations and qualities of international items, and, Linking Words
thus
, citizens might refrain from buying their local Linking Words
products
. Another disadvantage is that some small local shops could be closed. Use synonyms
That is
Linking Words
due to
the unfair competition with these huge strong establishments, and Linking Words
as a result
, some might be shut down or go bankrupt. Linking Words
For example
, many amateur Syrian entrepreneurs, Linking Words
and
after the harsh competition they had with Correct word choice
apply
international
textile Add an article
the international
an international
corporation
, were forced to close their fabric factories.
In conclusion, Fix the agreement mistake
corporations
although
the advantages of the popularity of multinational organizations in developing countries are the economic progress and the improvement in the job market, Linking Words
nonetheless
, its downsides are the drop in the average selling of local Linking Words
products
and the closure of some small businesses.Use synonyms
Submitted by sapphire on
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