In some developing nations, multinational firms are becoming increasingly prevalent. The main advantage is that people will get many options, and they can buy some products which might not available in some countries. The main drawback is that it may provides detriment impact on the economic growth of the developing nations.
In some developing nations, so as to produce or cultivate certain fruits, vegetables, and other commodity products. These products require an adequate temperature, land and high technique for manufacturing. Which might not available in some developing countries. Multinational companies can play a vital role to fullfill the demands of some products. These multinational companies might have to deposit certain amount to stay or for expand. Which would better for the countries' economy. For instance, Zara company, which is clothes foreign company, has now become a multinational company. Since its branches are available on all around the world, many people are taking this advantage by paying the fair prices. Before this they were paying extra charges for shipping.
However, some time, some multinational companies provide extra discounts to attract customers that may affects to the local economy. For instance, one study found that McDonald, which is a fast food chain, has the lowest price as well as good quality food. Because Its chain located in many countries. Since then, many local restaurants and cafes have closed in some developing countries.
In conclusion, although multinational firms have strength to fullfill the requirements of the public, it may also exacerbate to the economy situation of the developing countries.
In
some
developing
nations,
multinational
firms are becoming
increasingly
prevalent. The main advantage is that
people
will
get
many
options, and they can
buy
some
products
which might not available in
some
countries
. The main drawback is that it may
provides
detriment impact on the economic growth of the
developing
nations.
In
some
developing
nations,
so as to
produce or cultivate certain fruits, vegetables, and other commodity
products
. These
products
require an adequate temperature, land and high technique for manufacturing.
Which
might not available in
some
developing
countries
.
Multinational
companies
can play a vital role to
fullfill
the demands of
some
products
. These
multinational
companies
might
have to
deposit certain amount to stay or for expand. Which would better for the countries' economy.
For instance
, Zara
company
, which is clothes foreign
company
, has
now
become a
multinational
company
. Since its branches are available on all around the world,
many
people
are taking this advantage by paying the
fair
prices.
Before
this they were paying extra charges for shipping.
However
,
some
time,
some
multinational
companies
provide extra discounts to attract customers that may
affects
to the local economy.
For instance
, one study found that McDonald, which is a
fast
food chain, has the lowest price
as well
as
good
quality food.
Because
Its chain located in
many
countries
. Since then,
many
local restaurants and
cafes
have closed in
some
developing
countries.
In conclusion
, although
multinational
firms have strength to
fullfill
the requirements of the public, it may
also
exacerbate to the economy situation of the
developing
countries
.