Globalization have paved the way for the growth of multi-national companies. Their products make significant changes on day-to-day basis. These changes are frequently questioned if they are ruining or enhancing the lives? Organizations have made the product available across the globe likewise the dependency on them have increased which can have serious effect on economy.
As a matter of fact, globalization has helped these companies to make their products available anywhere. In addition, Wide range of the products helps the people to choose according to their likeness and taste which is in favor of consumers. For example: Nowadays, people do not have to depend on one brand even if it goes out-of-stock. These corporations have provided multiple employment opportunities and foreign investments to the country they sell the products. In this technological advancement era, wider options to buyers has solidly amplified the life status.
However, the options made available in the market has increased the wants of the consumers. These corporations urge the people to buy unwanted things which would increase the chances of debt. Evidently, dependency on those institutions are increased whereas, the local producers are deeply affected by this cause. For instance: most people tend to buy foreign good rather than locally produced. Sense of dissatisfaction is created on the products that the people currently own. Consequently, individuals become unhappy with their lives.
To Conclude, we live in a period where we are connected throughout the globe by various platforms. It is necessary to have wide range of products available by considering those people who live in foreign countries. I strongly disagree that Multi-national companies harm the quality of life, instead they enhance by providing choices and knowledge to everyone.
Globalization have paved the way for the growth of multi-national
companies
. Their
products
make
significant
changes
on day-to-day basis. These
changes
are
frequently
questioned if they are ruining or enhancing the
lives
? Organizations have made the
product
available
across the globe
likewise
the dependency on them have increased which can have serious effect on economy.
As a matter of fact, globalization has
helped
these
companies
to
make
their
products
available
anywhere.
In addition
, Wide range of the
products
helps
the
people
to choose according to their likeness and taste which is in favor of consumers.
For example
: Nowadays,
people
do not
have to
depend on one brand even if it goes out-of-stock. These corporations have provided multiple employment opportunities and foreign investments to the country they sell the
products
. In this technological advancement era, wider options to buyers has
solidly
amplified the life status.
However
, the options made
available
in the market has increased the wants of the consumers. These corporations urge the
people
to
buy
unwanted things which would increase the chances of debt.
Evidently
, dependency on those institutions
are increased
whereas, the local producers are
deeply
affected
by this cause.
For instance
: most
people
tend to
buy
foreign
good
rather
than
locally
produced. Sense of dissatisfaction
is created
on the
products
that the
people
currently
own
.
Consequently
, individuals become unhappy with their
lives
.
To Conclude
, we
live
in a period where we
are connected
throughout the globe by various platforms. It is necessary to have wide range of
products
available
by considering those
people
who
live
in foreign countries. I
strongly
disagree that Multi-national
companies
harm the quality of life,
instead
they enhance by providing choices and knowledge to everyone.