Multinational companies are becoming increasingly common in developing countries. What are the advantages and disadvantages of this?
More and more multinational corporations are expanding into developing nations.
Such
a development has advantages like economic growth
and a rise in employment opportunities. It also
has disadvantages like loss of cultural values and environmental degradation.
Large organizations setting up their businesses in developing countries is followed by the financial growth
of these nations. As they deploy more money to buy plots and construct their offices, the earnings of the government increases
Change the verb form
increase
as a result
, thereby contributing to economic growth
. Additionally
, multinational companies
fuel more employment opportunities for native people
, because the cost of recruiting local people
is lower compared to bringing workers from overseas, thereby increasing job vacancies. For example
, Apple Inc. has opened its manufacturing hub for iPhones and iPads in Tamil Nadu, a state in India, which lead
to the hiring of more Wrong verb form
led
people
from the state.
One of the disadvantages of such
a development is that people
leave behind their cultural roots to live a capitalistic life. This
results in the depletion of local cultures and value systems. Another disadvantage is the rise in environmental degradation. With the increase in large companies
, more areas are required for constructing offices, which in turn comes at the cost of deforestation and dust pollution. For instance
, Mumbai, a city in India, has experienced a high air-quality index for the last
15 years, after large financial companies
started building their offices there.
In conclusion, there is an increasing trend of multinational companies
expanding their businesses in developing nations. This
is a welcoming development because it contributes to economic growth
and increases employment opportunities, but comes at the cost of depletion of the local culture and the environment.Submitted by majumdarnilesh21 on
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task achievement
Your essay could benefit from a more explicit thesis statement that outlines the main points you are going to discuss. This would help the reader follow your argument more easily.
coherence cohesion
Although your points are clearly structured, consider using more varied linking words and phrases to enhance cohesion between paragraphs and sentences. For instance, instead of 'Additionally,' you could use 'Moreover,' or 'Furthermore.'
task achievement
You provide a very balanced discussion of both the advantages and disadvantages of multinational companies in developing countries, which clearly addresses the task.
coherence cohesion
Your essay is logically structured with clear paragraphs that each focus on a single main idea. This helps the reader follow your argument.
task achievement
The inclusion of specific examples, such as Apple Inc. in Tamil Nadu and environmental degradation in Mumbai, greatly strengthens your argument.
Your opinion
Don’t put your opinion unless you are asked to give it.
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Don’t leave your opinion until the conclusion.
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