Multinational companies are becoming increasingly common in developing countries. What are the advantages and disadvantages of this?
The increasing
number
of multinational companies
in developing countries brings benefits as well as
drawbacks. There are some benefits of this
trend such
as the increase of foreign domestic investments
and job availability in the country. However
, this
trend could also
result in the lack of development of small and medium local enterprises and a decrease in the sales of local products.
On the one hand, the main advantage of the increase in international companies
is the addition of new investments
. As a result
, developing countries can use their investments
to fund essential services, such
as health and education. Moreover
, international companies
will open many high-quality job opportunities to the population. This
will decrease the unemployment rate and push more economic growth. For example
, Vietnam's economy has started to grow and its unemployment rate is declining after opened
itself to more foreign Wrong verb form
opening
companies
, especially the manufacturing industry.
On the other hand
, the growing number
of overseas companies
could hinder emerging local enterprises. This
is due to
the fact that many small and medium local companies
have small investments
and are not able to compete with bigger foreign companies
. That is
to say, the foreign companies
will take their market and make them more difficult to compete. In addition
, because the market is filled by foreign companies
with high-quality goods, it is also
possible to see a decrease in local product purchases. This
is because many people believe it is better to buy foreign products than local goods. For example
, nowadays many textile businesses in Indonesia are closed due to
their inability to compete with clothes from China and Vietnam that are more preferred by Indonesians.
To conclude
, the growing number
of multinational companies
in developing countries brings advantages and disadvantages. The advantages include a higher number
of foreign investments
and an increase in job availability while
the disadvantages include the unequal competition for small and medium local businesses and a decline in local products' sales.Submitted by aribawadzaki on
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task achievement
You have provided a complete response to the task by addressing both the advantages and disadvantages of multinational companies in developing countries. However, ensure that your ideas are expressed as clearly as possible without losing complexity. Revising some sentences for clarity could help.
task achievement
Although you used relevant and specific examples, adding more variety and possibly more personal insights or perspectives could enrich your essay further.
coherence cohesion
Your essay has a strong logical structure with a clear introduction, body paragraphs, and a conclusion. However, make sure to use a wide range of linking words and phrases to maintain coherence and cohesion at the highest level.
coherence cohesion
To refine your coherence and cohesion, ensure that each sentence naturally follows from the previous one, and each paragraph clearly relates back to your main thesis statement. Incorporate a few more transition phrases to enhance the overall flow.
coherence cohesion
You have a clear introduction and conclusion that frame your essay effectively.
task achievement
Your main points are well-supported with relevant examples, adding depth to your arguments.
coherence cohesion
The logical structure of your essay is very good, making it easy to follow your arguments and ideas.
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