Small businesses are disappearing and being replaced by large multinational companies. Do the advantages of this outweigh the disadvantages?

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In recent years, the market landscape has shifted significantly in

favor

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favour

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of large multinational corporations, often at the expense of small, locally owned

businesses

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While

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the loss of small enterprises may seem disheartening, I believe the benefits brought by multinational companies—

such

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as their ability to drive innovation, enhance product quality, and contribute to economic growth—far outweigh the drawbacks.

To begin

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with, multinational companies possess unparalleled resources that allow them to achieve economies of scale and invest in research and development.

For instance

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, teams of experts, including scientists, engineers, and financial analysts, collaborate to enhance products and services, ensuring higher standards and greater efficiency.

This

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capability is beyond the reach of most small

businesses

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, which often lack the funds or expertise to innovate at

such

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a level.

Moreover

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, larger corporations can withstand market fluctuations and compete in global markets, driving

overall

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economic growth. A notable example is the partnership between Disney and Marvel Studios, which leveraged their combined expertise to produce blockbuster films, contributing significantly to both entertainment and the global economy.

However

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, small

businesses

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do offer some unique advantages,

such

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as fostering entrepreneurship and providing personalized customer experiences. They

also

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create opportunities for individuals to be self-employed, enabling them to enjoy greater autonomy. Despite these merits, small

businesses

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face considerable challenges in maintaining profitability and adapting to rapidly evolving markets. Their inability to scale up operations or compete with the pricing strategies of multinational firms often results in closure or bankruptcy.

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, large companies often stimulate local economies by creating employment opportunities and generating significant tax revenues.

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critics argue that small

businesses

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are essential for community identity, it is important to recognize that multinational corporations frequently adapt their offerings to meet local needs, ensuring cultural relevance

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providing access to global resources. In conclusion,

although

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the disappearance of small

businesses

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may evoke nostalgia, the advantages provided by multinational corporations—ranging from technological innovation to economic stability—clearly outweigh the disadvantages. The shift towards larger enterprises represents a natural progression in today’s interconnected global economy.

mammedlichingizSun Jan 19 2025

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task achievement

While your essay provides a comprehensive response, consider integrating more specific data or examples to further strengthen your argument. For instance, statistics on economic contributions of multinational corporations could enhance your points.

coherence cohesion

Try to ensure the smooth transition between your arguments to maintain a seamless flow of ideas. While your essay is well-organized, refining transitions can elevate coherence.

task achievement

You have effectively addressed the task, covering both advantages and disadvantages while clearly stating your opinion. This makes your essay compelling and on-point.

coherence cohesion

The essay is structured with clear introduction and conclusion sections, effectively framing your argument and summarizing your viewpoints.

coherence cohesion

Your main points are supported by relevant examples, such as the Disney and Marvel partnership, which reinforces your argument with real-world evidence.

Answer the 'Advantages and Disadvantages' topic

IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.

Answer structure for the type of essay

Introduction
Body paragraph 1 – advantages
Body paragraph 2 – disadvantages
Conclusion

Examples to start your body paragraph:

The main advantage is...
The disadvantage of this...
The main benefit...
Despite these advantages...
One possible drawback...

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11
Linking words
meeting the goal of 7 or more
1
Word repetition
meeting the goal of 3 or fewer
1
Grammar mistakes
detected issues

0123456789.0505

Overall Band Score

Coherence and Cohesion: 6.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 7.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 6.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 8.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

5 paragraphs

333 words

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Topic Vocabulary:

Displacement
Economies of scale
Local economies
Standardization
Cultural homogenization
Personalized service
Innovation
Community investments
Environmental impact
Competitive prices
Tax contributions
Job losses
Cultural diversity
Local employment opportunities

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Small businesses are disappearing and being replaced by large multinational companies. Do the advantages of this outweigh the disadvantages?

Answer the 'Advantages and Disadvantages' topic

In their advertising business nowadays usually emphasise that their products are new in some way. Why is this? Do you think it is a positive or negative development?

many people believe that the high levels of violence in films today are causing serious social problems. what are these problems and how can they be solved?

Many people prefer to watch foreign films rather than locally produced films. Which factors lead to this and what can be the possible impacts on the local film industry ?

Some people think it is more important to spend money on roads and motorways than on public transport system such as railways and trams. To what extent do you agree or disagree?

In some countries, more and more people are people are becoming interested in finding out about the history of the house or building they live in. What are the reasons for this? How can people research this?