Small businesses are disappearing and being replaced by large multinational companies. Do the advantages of this outweigh the disadvantages?
In recent years, the market landscape has shifted significantly in
favor
of large multinational corporations, often at the expense of small, locally owned Change the spelling
favour
businesses
. Use synonyms
While
the loss of small enterprises may seem disheartening, I believe the benefits brought by multinational companies—Linking Words
such
as their ability to drive innovation, enhance product quality, and contribute to economic growth—far outweigh the drawbacks.
Linking Words
To begin
with, multinational companies possess unparalleled resources that allow them to achieve economies of scale and invest in research and development. Linking Words
For instance
, teams of experts, including scientists, engineers, and financial analysts, collaborate to enhance products and services, ensuring higher standards and greater efficiency. Linking Words
This
capability is beyond the reach of most small Linking Words
businesses
, which often lack the funds or expertise to innovate at Use synonyms
such
a level. Linking Words
Moreover
, larger corporations can withstand market fluctuations and compete in global markets, driving Linking Words
overall
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.
Linking Words
However
, small Linking Words
businesses
do offer some unique advantages, Use synonyms
such
as fostering entrepreneurship and providing personalized customer experiences. They Linking Words
also
create opportunities for individuals to be self-employed, enabling them to enjoy greater autonomy. Despite these merits, small Linking Words
businesses
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.
Use synonyms
Furthermore
, large companies often stimulate local economies by creating employment opportunities and generating significant tax revenues. Linking Words
While
critics argue that small Linking Words
businesses
are essential for community identity, it is important to recognize that multinational corporations frequently adapt their offerings to meet local needs, ensuring cultural relevance Use synonyms
while
providing access to global resources.
In conclusion, Linking Words
although
the disappearance of small Linking Words
businesses
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.Use synonyms
Submitted by mammedlichingiz on
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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...