Some international companies are very powerful now and many people believe that it is a negative development. Do you agree or disagree with this statement? Give your reasons and relevant examples. v.2
Some international companies are very powerful now and many people believe that it is a negative development. Give your reasons and relevant examples. v. 2
Some people believe that due the fact that some businesses are in much power currently, it is a negative development. However, others oppose such a believe.
To begin with, it is a negative development as some companies are very powerful now. There is a high chance for business monopoly. The more power a company has, the more business opportunities they want across the globe. Anglo American exemplify this precisely. It is an American company which invests in mining. It owns majority of shares in South African mines. Of recent, it seeks opportunities around African countries which has valueable minerals for mining. Due to the fact that it is powerfull and well established, it is winning trust of most mines in this African countries. As a result, it denies the newly developed companies avenues of investments. This therefore, enriches the rich and powerfull businesses, subjecting the unfamous ones to poverty.
In addition, international companies which posses more power degrades the environment more. For instance, they buy large land in foreighn countries to set up their firms. This large land should be cleared to create space for a building. Deforestrating the land causes plant species to extinct. It is therefore not worth the doubt that these companies brings negativity overall.
In contrary, it is not a negative development for international companies to posess more power. They create more employment. They create more employment rather, in foreighn countries. For example, coca cola is one the dominating international companies across Africa. As a result, it has created more employment to Africans. Consequently, the economy in such countries is promoted Thus, this elucidates that international companies possesing much power is not a positive development after all.
In conclusion, wether international companies which are powerfull is a negative development has trigered a debate amongst individuals. However, I assert that it is negative to some extent but positive in some ways.
Some
people
believe that due the fact that
some
businesses
are in much
power
currently
, it is a
negative
development
.
However
, others oppose such a
believe
.
To
begin
with, it is a
negative
development
as
some
companies
are
very
powerful
now
. There is a high chance for
business
monopoly. The more
power
a
company
has, the more
business
opportunities they want across the globe. Anglo American exemplify this
precisely
. It is an American
company
which invests in mining. It
owns
majority of
shares in South African mines. Of recent, it seeks opportunities around African
countries
which has
valueable
minerals for mining. Due to the fact that it is
powerfull
and well established, it is winning trust of most mines in this African
countries
.
As a result
, it denies the
newly
developed
companies
avenues of investments. This
therefore
, enriches the rich and
powerfull
businesses
, subjecting the
unfamous
ones to poverty.
In addition
,
international
companies
which posses more
power
degrades the environment more.
For instance
, they
buy
large land in
foreighn
countries
to set up their firms. This large land should
be cleared
to create space for a building.
Deforestrating
the land causes plant species to extinct. It is
therefore
not worth the doubt that these
companies
brings negativity
overall
.
In contrary, it is not a
negative
development
for
international
companies
to
posess
more
power
. They create more employment. They create more employment
rather
, in
foreighn
countries
.
For example
, coca cola is
one
the dominating
international
companies
across Africa.
As a result
, it has created more employment to Africans.
Consequently
, the economy in such
countries
is promoted
Thus
, this elucidates that
international
companies
possesing
much
power
is not a
positive
development
after all
.
In conclusion
,
wether
international
companies
which are
powerfull
is a
negative
development
has
trigered
a debate amongst individuals.
However
, I assert that it is
negative
to
some
extent
but
positive
in
some
ways.
19Linking words, meeting the goal of 7 or more
40Repeated words, meeting the goal of 3 or fewer
15Mistakes