Some people believe that the activities of large multinational corporations mostly benefit the economies of developing countries. Other people take the opposite view and feel that these large multinationals are general harmful. Discuss both views and give your opinion

In

this

era of globalisation,multinational

companies

play a vital role to enhance job opportunities.Few masses presume that bigger multinational organisations

gives

Change the verb form
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advantages to the revenues of developing nations while others assert that these corporations are negative effects.

This

essay shall delve into both perspectives before commenting on my opinion in subsequent paragraphs.

On the one hand,there are a plethora of pros of large multinational

companies

to the developing nations.

Firstly

,it brings a lot of job opportunities to the younger generations.It influenced the youngsters by giving higher wages and promotions.As these organisations are famous worldwide and it boosts the economy of the country.

For example

-Tata is the largest multinational company in India and it

also

gains popularity in other countries by expanding its business.

Secondly

,these

companies

work

for the welfare of the nation as well as by gaining experience of

work

in large multinational

companies

masses are able to establish their own business.It helps to flourish our nation as most folks are employed and there is less rate of unemployment.

On the other hand

,there are some negative effects of these organisations.Today,the competition increases so these

companies

attract more and more

people

to do jobs so employees are not ready to

work

in small scale industries.It affects the growth of global corporations.

Moreover

, due to advertisements and promotions of the products of huge

companies

people

prefer to buy things from these corporations despite price and quality.So it has a bad impact on the economy of that nation because

people

are not buying things from them and they are not earning any profit.

To encapsulate,in my ,opinion multinational

companies

provide employment opportunities to

people

and it helps to become developed ,

however

,

people

also

need to

work

for small industries to boost their economy.

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