No doubt, the number of multinational companies and the production of their items is immensely increasing. However, few people claim that this development is affecting the standard of living in a negative way. I disagree to great extent to this statement ans will discuss some reasons of disagreement in the subsequent paragraphs.
To commence with, the main reason of disagreement is that multinational companies produce high quality products and different variety of items available to most people. Thus, these companies provides alternatives to local products which may not of better quality. As well as, people would have more choice of products to buy can enjoy the food diversity, clothing sense. For instance, Samsung and apple are two multinational companies due to which people have choice to buy good quality smartphones.
Secondly, multinational corporations enhance the employment opportunities in the host country. Multinational companies hire the brilliant and talented people from a country and the salaries of people working in a local company and hence benefiting the country's economy. Moreover, the job securities as well as facilities grants by a multinational companies are much better. To exemplify, according to times report, multinational enterprises control over 25% of world output and provide 86 million jobs.
Despite from this, when powerful multinational companies invade local markets with their goods, they often force local companies with fewer resources to go out of business. In consequence, people are obliged to buy multinational products whether they like them or not.
In conclusion, multinational companies have more benefits as these provides good quality products and job opportunities.
No doubt, the number of
multinational
companies
and the production of their items is
immensely
increasing.
However
, few
people
claim that this development is affecting the standard of living in a
negative
way. I disagree to great extent to this statement ans will discuss
some
reasons of disagreement in the subsequent paragraphs.
To commence with, the main reason of disagreement is that
multinational
companies
produce high
quality
products
and
different
variety of items available to most
people
.
Thus
, these
companies
provides alternatives to
local
products
which may not of better
quality
.
As well
as,
people
would have more choice of
products
to
buy
can enjoy the food diversity, clothing sense.
For instance
, Samsung and apple are two
multinational
companies
due to which
people
have choice to
buy
good
quality
smartphones.
Secondly
,
multinational
corporations enhance the employment opportunities in the host country.
Multinational
companies
hire the brilliant and talented
people
from a country and the salaries of
people
working in a
local
company
and
hence
benefiting the country's economy.
Moreover
, the job securities
as well
as facilities grants by a
multinational
companies
are much better. To exemplify, according to times report,
multinational
enterprises control over 25% of world output and provide 86 million jobs.
Despite from this, when powerful
multinational
companies
invade
local
markets with their
goods
, they
often
force
local
companies
with fewer resources to go out of business. In consequence,
people
are obliged
to
buy
multinational
products
whether they like them or not.
In conclusion
,
multinational
companies
have more benefits as
these provides
good
quality
products
and job opportunities.