Nowadays, the international companies are increasingly expanding all around the world. While some people have a conviction that they contribute to the economies of developing nations, other believes these corporations adversely affect in general. This essay will elaborate how both of the mentioned viewpoints have their own merits and drawbacks, and I think in spite of all the disadvantages, they can bring overall economic beneficial for the countries in which they are operating.
First and Foremost, providing new job opportunities for the people is an undeniable consequence of the presence of multinational companies. Youths are the amongst the most influential groups since many of these companies are seeking for young talents who urge to gain experience to be developed. I remember, when I was newly graduated from university, Unilever, which is one of the biggest multinational companies, advertised a vacant position for fresh-graduated students and I applied for it. That valuable work-experience gave me the great exposure to professional environment which led to achieve further prosperity in my career. Furthermore, these companies usually propose higher salary to their employees so that the job satisfaction will be increased. I cannot forget how much I bought my desire stuffs which I could not have afforded before my job in Unilever.
Another vital point which needs to be taken into consideration is that by the commencement of multinational companies is equal to eradicating the local businesses. Undoubtedly, many of small internal manufactories cannot compete with foreign companies in terms of either the volume of investment or production so that they inevitably may shut down their operation. Nestle is producing infant food with high quality and standard and when it starts working in my country all people opt to choose this new brand in spite of its higher price. In addition, international corporations typically prefer to bring some foreign work-force which are assigned for higher positions. This means that, although they provide some chances for domestic labors, some limitations are applied which restrict them in the offered work experience.
On the basis of the point mentioned above activation of multinational companies can directly or indirectly boost economic of the developing countries and I strongly believe the corresponding disadvantages can be ignored.
Nowadays, the international
companies
are
increasingly
expanding all around the world. While
some
people
have a conviction that they contribute to the economies of developing nations, other believes these corporations
adversely
affect
in general
. This essay will elaborate how both of the mentioned viewpoints have their
own
merits and drawbacks, and I
think
in spite of
all the disadvantages, they can bring
overall
economic beneficial for the countries in which they are operating.
First
and Foremost, providing new job opportunities for the
people
is
an undeniable consequence of the presence of
multinational
companies
. Youths are the amongst the most influential groups since
many
of these
companies
are seeking for young talents who urge
to gain
experience to
be developed
. I remember, when I was
newly
graduated from university, Unilever, which is one of the biggest
multinational
companies
, advertised a vacant position for fresh-graduated students and I applied for it. That valuable work-experience gave me the great exposure to professional environment which led to achieve
further
prosperity in my career.
Furthermore
, these
companies
usually
propose higher salary to their employees
so
that the job satisfaction will
be increased
. I cannot forget how much I
bought
my desire stuffs which I could not have afforded
before
my job in Unilever.
Another vital point which needs to
be taken
into consideration is that by the commencement of
multinational
companies
is equal to eradicating the local businesses.
Undoubtedly
,
many
of
small
internal
manufactories
cannot compete with foreign
companies
in terms of either the volume of investment or production
so
that they
inevitably
may shut down their operation. Nestle is producing infant food with high quality and standard and when it
starts
working in my country all
people
opt to choose this new brand
in spite of
its higher price.
In addition
, international corporations
typically
prefer to bring
some
foreign work-force which
are assigned
for higher positions. This means that, although they provide
some
chances for domestic labors,
some
limitations
are applied
which restrict them in the offered work experience.
On the basis of the point mentioned above activation of
multinational
companies
can
directly
or
indirectly
boost economic of the
developing countries
and I
strongly
believe the corresponding disadvantages can be
ignored
.