Multinational enterprises have been more and more popular in today’s business world. It is claimed that these enterprises arise plenty of opportunities for the host countries; simultaneously, they are also pregnant with drawbacks in some fields.
Transitional corporations ate really motivation for less developed nations. Firstly, thanks to the projects in building factories and infrastructure, they create jobs for a great number of people in the local regions and train them to become skilled workers. Secondly, due to their activities these corporations help other nations change economic mechanism as well as broaden export and import, which enables them to gain further integration into global economy. Internationally viewing, conglomerates are also considered one hope towards hunger eradication and poverty alleviation in developing countries. Additionally, the local industry can get higher technology from foreign countries through transitional companies, which helps improve on technological parameter.
On the other hand, multinational enterprises obviously have definite negative impacts. First, the jobs that they create are not constantly secure because these enterprises could relocate into another country, which is caused by management barriers in the host nation. Second, in developing economics, large multinational companies can make local firms become broke. Last but not least, during maximizing profits, transitional corporations often contribute to pollution in the local areas, which puts the environment under threat.
To summarize, despites causing inevitable negative impact when setting up business in other nations countries, transitional enterprises are evidently appealing to and are welcomed by the nations provided that they practise well corporate social responsibilities apart from making money.
Multinational
enterprises
have been more and more popular in
today
’s business world. It
is claimed
that these
enterprises
arise
plenty
of opportunities for the host
countries
;
simultaneously
, they are
also
pregnant with drawbacks in
some
fields.
Transitional corporations ate
really
motivation for less developed
nations
.
Firstly
, thanks to the projects in building factories and infrastructure, they create jobs for a great number of
people
in the
local
regions and train them to become skilled workers.
Secondly
, due to their activities these corporations
help
other
nations
change
economic mechanism
as well
as broaden export and import, which enables them to gain
further
integration into global economy.
Internationally
viewing, conglomerates are
also
considered one hope towards hunger eradication and poverty alleviation in developing
countries
.
Additionally
, the
local
industry can
get
higher technology from foreign
countries
through transitional
companies
, which
helps
improve
on technological parameter.
On the other hand
, multinational
enterprises
obviously
have
definite
negative
impacts.
First
, the jobs that they create are not
constantly
secure
because
these
enterprises
could relocate into another
country
, which
is caused
by management barriers in the host
nation
. Second, in developing economics, large multinational
companies
can
make
local
firms become broke. Last
but
not least, during maximizing profits, transitional corporations
often
contribute to pollution in the
local
areas, which puts the environment under threat.
To summarize
,
despites
causing inevitable
negative
impact when setting up business in other
nations
countries
, transitional
enterprises
are
evidently
appealing to and
are welcomed
by the
nations
provided that they
practise
well corporate social responsibilities apart from making money.