Some people believe that countries should invite foreign companies to open their branches, offices and factories in order to develop their economies. Others think countries should invest in their own companies instead. Discuss both views and give your opinion.
Some say that nations must welcome foreign
companies
to set up and advance their Use synonyms
businesses
for economic development, Use synonyms
whereas
others feel that Linking Words
this
investment should be restricted to domestic Linking Words
companies
. Use synonyms
While
putting funds into their own Linking Words
companies
can help promote local Use synonyms
businesses
, I believe it is far more beneficial to allow external enterprises, as it provides enhanced economic opportunities, both for the citizens and domestic Use synonyms
companies
.
On the one hand, allocating funds for domestic enterprises can promote them and help them flourish. If international Use synonyms
companies
are allowed to set up, mid- and small-scale Use synonyms
businesses
may not be able to face the competition and may eventually vanish. Many large-scale Use synonyms
businesses
tend to acquire any small factory that they perceive as a threat. Use synonyms
This
would lead to a loss of originality and culture. Linking Words
For example
, ever since popular brands like CCD and Starbucks opened their branches in Mumbai, the local tea and coffee vendors have almost vanished, losing out on the originality of taste.
Linking Words
On the other hand
, the number of employment and business opportunities increases exponentially when an international brand comes in. Consider a brand like McDonald's setting up its first branch in an eastern country. Linking Words
This
would not only mean more jobs, but the area would attract a wider consumer base. Linking Words
This
would encourage many new local Linking Words
businesses
to open up around them and even allow them to collaborate with the bigger firms and have exposure like never before. Use synonyms
For instance
, leading IT Linking Words
companies
like Apple and Google have now opened their offices in tier-2 cities of India, looking at the overwhelming success they enjoyed in tier-1 cities, increasing employability in India and adding to the country's economy.
Use synonyms
To conclude
, Linking Words
although
limiting investment to domestic factories would mean fostering local Linking Words
businesses
and the economy, I believe it is a win-win situation if foreign Use synonyms
companies
are allowed to set up their offices, as Use synonyms
this
would create more jobs and provide international exposure to the local Linking Words
companies
, in turn helping the economy.Use synonyms
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Coherence and Cohesion
Ensure that each paragraph contains a clear topic sentence that outlines the main idea of the paragraph. This will help maintain coherence and will guide the reader through your arguments more effectively.
Task Response
Aim for a more balanced discussion by exploring the counter-arguments in greater detail. This would enhance the depth of your task response.
Task Response
Clarify some sentences to enhance comprehension. For example, consider simplifying your explanation about the competition between large and small businesses.
Coherence and Cohesion
The essay contains a clear and engaging introduction which effectively sets up the debate about foreign and domestic investment.
Task Response
You provide relevant specific examples, such as the impact of companies like McDonald's and Starbucks, to support your main ideas. This adds strength to your arguments.
Coherence and Cohesion
A good conclusion that succinctly summarizes the main points and clearly states your opinion.