It can be seen that multinational companies have opened in every corner of the world. The increase of these companies and globalisation has a positive effect for everyone. I partially agree with this Statement. This essay will discuss positive and negative effects of spread of MNCs.
To begin with, there are numerous positive impact of these companies for local people. First and foremost is employment. As these companies provide job opportunity to those local individuals where these companies are located. They provide livelihood and basic necessities to peoole. Secondly, these companies have also made a good impact on people's status. People can buy everything like branded clothes and other things, under a one roof. They do not need to walk shop to Shop for different things. Also they can make payment through credit cards and they do not need carry money with them hence, it would be safe for them. Next to it, in case of natural calamities, these companies do volunteer work by joining shoulder with government as they can provide food, shelter and clothes to those people who have lost there shelter because of natural disasters. Hence these companies play a great role in these situations.
On the other hand, there are also some negative impacts of these companies. Firstly, these companies had closed the business of local people like small shopkeepers. They can be loss of there small businesses as most of the people like to buy everything from MNCs. Moreover, environmental issues are also the result of these companies as they do multilayer packaging to lure the customers. They use non biodegradable products for packing such as plastic material which produces the air pollution. Probing further, these companies also enhances the throw away culture and masses do not like to recycle the things. For instance, they throw old things instead of get repairing them. As a result these things make a heap of garbage and causes the spread of harmful diseases.
In conclusion, I would reiterate that MNCs have great positive effects for everyone but it's negative part could not be ignored The government and local people should do joint work to observe it's negative impact.
It can be
seen
that multinational
companies
have opened in every corner of the world. The increase of these
companies
and
globalisation
has a
positive
effect for everyone. I
partially
agree
with this Statement. This essay will discuss
positive
and
negative
effects of spread of
MNCs
.
To
begin
with, there are numerous
positive
impact
of these
companies
for
local
people
.
First
and foremost is employment.
As
these
companies
provide job opportunity to those
local
individuals where these
companies
are located
. They provide livelihood and
basic necessities
to
peoole
.
Secondly
, these
companies
have
also
made a
good
impact
on
people
's status.
People
can
buy
everything like branded clothes and other things, under a one roof. They do not need to walk shop to Shop for
different
things.
Also
they can
make
payment through credit
cards and
they do not need
carry
money with them
hence
, it would be safe for them.
Next
to it, in case of natural calamities, these
companies
do volunteer work by joining shoulder with
government
as they can provide food, shelter and clothes to those
people
who have lost there shelter
because
of natural disasters.
Hence
these
companies
play a great role in these situations.
On the other hand
, there are
also
some
negative
impacts
of these
companies
.
Firstly
, these
companies
had closed the business of
local
people
like
small
shopkeepers. They can be loss of
there
small
businesses as most of the
people
like to
buy
everything from
MNCs
.
Moreover
, environmental issues are
also
the result of these
companies
as they do multilayer packaging to lure the customers. They
use
non biodegradable
products for packing such as plastic material which produces the air pollution. Probing
further
, these
companies
also
enhances the throw away culture and masses do not like to recycle the things.
For instance
, they throw
old
things
instead
of
get
repairing them.
As a result
these things
make
a heap of garbage and causes the spread of harmful diseases.
In conclusion
, I would reiterate that
MNCs
have great
positive
effects for everyone
but
it's
negative
part could not be
ignored
The
government
and
local
people
should do joint work to observe
it's
negative
impact
.