Bigger organizations are growing very fast as compared to older times. It is widely suggested that huge International companies are beneficial to countries with developing economies, whereas others believe that companies having a negative effect also. This essay will discuss both views and shows how organizations help more than their negative impact.
A research body suggests that global companies have a positive effect on the economy of countries. International investment can help to offer job opportunities, which might lead to an increase in wages. To exemplify, the national newspaper of the country released in a magazine that workers of multinational companies earn 10% more than the staff of local companies. In short, the chain of companies can come with numerous advantages not only to the natives, but also to impact positively on the country's economy.
Nonetheless, there are some negative sides to companies that need to be considered. The main point in that is the global organization can hire people from local companies. This can lead to a direct loss to the local companies. For instance, companies like KFC and Coca-Cola, having almost chains across the world. This kind of company offers the best benefits and opportunities to develop a career. In addition to this, these chain companies having more potential to take damage as compared to local organizations.
In my opinion, global corporations helping countries to develop more in terms of the economy and other factors. Whereas, there is a very less negative impact, which is indirectly coming with an overall profit.
In conclusion, the actions of multinational companies widely beneficial through county economies positively. While having very small disallowing factors.
Bigger organizations are growing
very
fast
as compared to older times. It is
widely
suggested that huge International
companies
are beneficial to
countries
with developing
economies
, whereas others believe that
companies
having
a
negative
effect
also
. This essay will discuss both views and
shows
how organizations
help
more than their
negative
impact.
A research body suggests that global
companies
have a
positive
effect on the
economy
of
countries
. International investment can
help
to offer job opportunities, which might lead to an increase in wages. To exemplify, the national newspaper of the
country
released in a magazine that workers of multinational
companies
earn 10% more than the staff of
local
companies
. In short, the chain of
companies
can
come
with numerous advantages not
only
to the natives,
but
also
to impact
positively
on the country's economy.
Nonetheless, there are
some
negative
sides to
companies
that need to
be considered
. The main point in
that is
the global organization can hire
people
from
local
companies
. This can lead to a direct loss to the
local
companies
.
For instance
,
companies
like KFC and Coca-Cola,
having
almost chains across the world. This kind of
company
offers the best benefits and opportunities to develop a career.
In addition
to this, these chain
companies
having
more potential to take damage as compared to
local
organizations.
In my opinion, global corporations helping
countries
to develop more in terms of the
economy
and other factors. Whereas, there is a
very
less
negative
impact, which is
indirectly
coming with an
overall
profit.
In conclusion
, the actions of multinational
companies
widely
beneficial through county
economies
positively
.
While
having
very
small
disallowing factors.