In this Globalization era, to increase the revenue of the country companies playa dominant role. some modern world companies have became more powerful now than ever before, to this plethora of people believe this would create negative impact on the country’s development. From my personal perspective believe that although international company would bring more wealth and boost country economy drastically. the negativity development is far more superior. We will discuss more in furthermore paragraph and provides relevant example to this topic.
On the one hand, multinational companies not only played an positive role in boosting nations GDP but also provides employment opportunity. with introduction of transnational companies plethora of goods and services are now available to people which one couldn’t think of achieving almost decade ago with nominal fate. Secondly to cope up with growing demand company hire legions of people to support their business, Because of which we have seen growth in employment sector. For instance. wall mart and McDonald have millions of employees working for them. They also ensure lower price and provide quality product. These are some of the reasons why multinational businesses bring more positivity into the country
On the contrary, although there have been many positive changes but negative ought come is inevitable. Firstly, The rise of such origination have led to workers exploitation among workforce And provide nominal rate for the good which they purchase. Many MNC company provide minimum wage rate to their employees and forces them to work beyond their limit, Secondly thousands of companies play fraction amount of money for they goods they purchases from sell them at higher rate to the market. For instance. As per the survey published in November 2020 in Hindustan times, Farmers in will be forced to sell their goods such as rice or wheat to private companies only first company will pay them good amount of money but they would be bound to sell their goods which fixed by the companies which will left farmers with no money.
To Recapitulate, I would agree that nation would be developed but the negative outcome from them is far more superior.
In this Globalization era, to increase the revenue of the country
companies
playa
dominant role.
some
modern world
companies
have
became
more powerful
now
than ever
before
, to this plethora of
people
believe this would create
negative
impact on the country’s development. From my personal perspective believe that although international
company
would bring more wealth and boost country economy
drastically
.
the
negativity development is far more superior. We will discuss more in
furthermore
paragraph and
provides
relevant example to this topic.
On the one hand, multinational
companies
not
only
played
an
positive
role in boosting nations GDP
but
also
provides
employment opportunity.
with
introduction of transnational
companies
plethora of
goods
and services are
now
available to
people
which one couldn’t
think
of achieving almost decade ago with nominal fate.
Secondly
to cope up with growing demand
company
hire legions of
people
to support their business,
Because
of which we have
seen
growth in employment sector.
For instance
.
wall
mart and McDonald have millions of employees working for them. They
also
ensure lower price and
provide
quality product. These are
some of the
reasons why multinational businesses bring more positivity into the
country
On the contrary
, although there have been
many
positive
changes
but
negative
ought
come
is inevitable.
Firstly
, The rise of such origination have led to workers exploitation among workforce And
provide
nominal rate for the
good
which they
purchase
.
Many
MNC
company
provide
minimum wage rate to their employees and forces them to work beyond their limit,
Secondly
thousands of
companies
play fraction amount of money for they
goods
they
purchases
from sell them at higher rate to the market.
For instance
. As per the survey published in November 2020 in Hindustan times, Farmers in will
be forced
to sell their
goods
such as rice or wheat to private
companies
only
first
company
will pay them
good
amount of money
but
they would
be bound
to sell their
goods
which
fixed
by the
companies
which will
left
farmers with no money.
To Recapitulate, I would
agree
that nation would
be developed
but
the
negative
outcome from them is far more superior.