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In most countries multinational companies and their products are becoming more and more important.
This trend is seriously damaging our quality of life.

Do you agree or disagree?


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No one can deny that multinational companies have significantly altered our communities. Especially, in the business area where many local companies had to revise their marketing and management strategies in order to maintain their place in the market. Furthermore, some people claim that that multinational companies are threatening our quality of life with their products becoming more important. In this essay I will discuss the benefits and the disadvantages of presence of such companies.
First of all, the main reason why multinational companies are sometimes disliked is the amount of products they provide. Brands like Coca Cola or Mars are the giants of their industry, meaning that their products leave little room for smaller local companies. By eradicating competition these companies tend to become oligarchic and can raise product prices independently.
Although, multinational companies provide some advantages as well. With the help of globalisation these companies can raise awareness to various problems, such as global warming or lack of tolerance to different cultures. A good example is Coca Cola’s campaign to increase peace between Indian and Pakistani people. By using interactive vending machines, connected in India and Pakistan, Coca Cola not only managed to raise their sales, but also to ease the tension between conflicting regions.
In conclusion, there are different opinions regarding the question of whether multinational companies have more positive or negative impact on people’s life. I tend to agree that even though they may cause some economical disturbance, their marketing strategies and service quality outweighs the drawbacks.

dashis wrote:In most countries multinational companies and their products are becoming more and more important.
This trend is seriously damaging our quality of life.

Do you agree or disagree?


----------------------------------
No one can deny that multinational companies have significantly altered our communities. Especially in the business area where many local companies have had to revise their marketing and management strategies in order to maintain their place in the market. Furthermore, some people claim that that multinational companies are threatening our quality of life with their products becoming more important. In this essay I will discuss the benefits and the disadvantages the presence such companies create.

First of all, the main reason why multinational companies are sometimes disliked is the amount of products they provide. Brands like Coca Cola or Mars are the giants of their industry, meaning that their products leave little room for smaller local companies. By eradicating competition, these companies tend to become oligarchic and can raise product prices independently.
However, multinational companies provide some advantages as well. With the help of globalisation, these companies can raise awareness of various problems, such as global warming or lack of tolerance to different cultures. A good example is Coca Cola’s campaign to increase peace between Indian and Pakistani people. By using interactive vending machines, connected in India and Pakistan, Coca Cola not only managed to raise their sales, but also to ease the tension between conflicting regions.
In conclusion, there are different opinions regarding the question of whether multinational companies have more positive or negative impact on people’s life. I tend to agree that even though they may cause some economic disturbance, their marketing strategies and service quality outweighs the drawbacks.

Really well argued and a great use of interesting examples. Well done!

International companies have established a strong position in every nation’s commercial market. It is evident that they have suppressed the local, traditional competitors to a great extent. These multinational giants are advertised by themselves substantially in various media. This makes them to indirectly control and attract the people towards their products. From my perspective, this soaring trend has disturbed the quality of life detrimentally.

Admittedly, in striking contrast to my point of view, some people argue that these corporates improved the quality of life in several aspects. Firstly, they state that multinational companies (MNCs) have eased our way of living by providing enormous instantly available products, for instance, instant food, in this busy world. Secondly, it is anticipated that due to mass production, MNCs can able to supply goods in a cheaper and affordable price, thus decreasing the economic burden of working-class people. Thus, benefits of MNCs and their products are analysed despite having its dark sides.

Moreover, in my point of view, this burgeoning trend of these corporate giants have ruined the health of many people across the globe. It is a true fact that this world’s consumer market is indirectly controlled by only eight parent companies and its sub companies’ consumer products. Hence, these MNCs have given no choice to consumers to choose from other small seller’s products, rather they vehemently push people to opt for their products. Subsequently, these companies influence people to move away from nature and compel them to buy their, for instance, food products which have more artificial preservatives. To exemplify this, Colgate, a toothpaste, contains cancer causing substance called ‘Triclosan’ is widely sold everywhere around the world. After using this particular product for a prolonged period, a common man gets affected by cancer and he or she avail treatment like chemotherapy which is a trillion dollar industry especially owned by these corporates again. Therefore, MNCs have damaged out quality of life and rendered serious health effects to people.

In conclusion, I reiterate that unless people stop using MNCs’ products, nobody can save them from its bad effects. Therefore, I advise people to switch back from their current trend of opting for MNCs’ products to conventional method of purchasing products from local, traditional vendors.

Many small and local businesses face increased threat from some multinational companies aggressive expansion plan because small companies are unable to compete with large corporate retailers, and some contend that this may eradicate dweller businesses and communities. This essay does not agree with this statement because, despite its adverse impact on unorganised retail employment, some business tenaciously hold its share on the local market.

Organised retail businesses are growing in many countries, and it is taking away many direct and indirect jobs in small and local sectors. Multinational companies are financially strong who can manage their work with machines and reduce the number of employees require of the job. Additionally, these companies have an infrastructure to store the product for long, whereas a small business can not do it. As a result, many small vendors are closing their business and people who depend on it losing their job. For instance, after the foreign direct investment opened in India many multinational companies such as Walmart started their operation which resulted in many jobs loss.

Despite this, it is unlikely that well established local companies may see the complete destruction. In many countries, rural sectors have become a household name in the local communities, and they have earned the large customer base. It is conspicuous from the perseverance of many small businesses in some developing countries. For example, if you go to semi-urban centres in India many people go to the same shop, again and again, to buy the products no matter how many new stores opened it is simply because of the trust. Therefore, as long as people who is doing the business with honesty it could continue to sustain its market share.

In conclusion, expansion of the supermarkets may take away some jobs in native sectors, but it is unlikely to eradicate it.