Large businesses have big budgets for marketing and promotion and as a result, promotion and as result, people gravitate towards buying their products. What problems does this cause? What can could be done to encourage people to buy local production
Big corporations spend heavily on marketing products to increase their sales, which indirectly impacts smaller businesses.
This
is not at all good for the nation’s economy because there would be a monopoly established, and the majority of the others would run out of business. In this
essay, there will be a detailed discussion of these problems and the possible solutions.
In general, a company that has a revenue of billions of dollars, would most probably have a heavy budget allocated for advertising their product, therefore
it would gain more popularity, even if there is a better alternative available in the market. As a result
, small corporations may file for bankruptcy and shut down, leading to a shortage of competition. However
, not only the
GDP of a country Add a missing verb
does the
gets
impacted but Correct subject-verb agreement
get
also
the unemployment rates. For example
, in case of Jio which is a market leader in the Telecom sector, spends thousands of crores in promoting their cell phone network, this
has forced corporates, like Airtel, Idea and others, to close down, which has resulted in a loss of approximately 10000 jobs in India.
In order to avoid the above problem, primarily the government should take the initiative to motivate the people to buy local produce, by providing the competitors product at a comparatively lower price. In addition
to this
, the government should formulate policies in order to avoid monopoly in a few sectors like the Telecommunication industry, the Aerospace sector etc. In order to fight against the dominance of Jio’s internet government started a
organization called BSNL , that provided internet to the customers at half the Jio's cost, and ordered that no company could hold more than 45% of the total sim-card industry.
In conclusion, with encouragement, implementation of right policies and establishment of non-private institutions we could ensure that there would be no domination, that would support the local institutions to survive.Change the article
an
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coherence cohesion
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coherence cohesion
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task achievement
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coherence cohesion
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Answer the 'Problem and Solution' topic
Problem-and-solution essays fall naturally into two parts, the first describing and exploring the problem, the second setting out the solution or solutions.
You essay structure should look something like this:
- Introduction
- Body paragraph 1 – Problems
- Body paragraph 2 – Solutions
- Conclusion
Examples to start your body paragraph:
- One of the first problems of the...
- Another problem that needs to be considered...
- A possible solution to this problem would be...
- One immediate practical solution is to...