Multinational companies are becoming increasingly common in developing countries.
What are the advantages and disadvantages?
The expansion of multinational corporations (MNCs) in developing nations has become increasingly common. While these companies contribute to economic growth and technological advancement, they also pose challenges such as worker exploitation and environmental degradation.
One of the key advantages of multinational companies is their role in technological development. These corporations introduce advanced machinery, innovative production techniques, and efficient management systems, which not only enhance productivity but also help local industries modernize. As a result, domestic businesses can adopt these advancements, improving their competitiveness. Additionally, MNCs create numerous job opportunities, reducing unemployment rates. For example, Samsung’s expansion in Vietnam led to thousands of new jobs and transformed the country into a major electronics manufacturing hub.
However, one of the significant disadvantages of multinational companies is the exploitation of workers. Many MNCs set up factories in developing countries to take advantage of cheap labor and weak labor laws. Employees often work long hours for low wages in poor conditions, as seen in garment factories in Bangladesh, where international brands profit from inexpensive labor while workers struggle with minimal pay and unsafe environments. Furthermore, multinational companies contribute to environmental damage. Large-scale production facilities generate industrial waste, pollution, and deforestation, negatively impacting local ecosystems. For instance, the operations of several global corporations in Indonesia have led to significant deforestation due to palm oil production.
In conclusion, multinational corporations play a crucial role in advancing technology and creating job opportunities in developing nations. However, their presence also brings challenges, such as labor exploitation and environmental harm.
How many advantages and disadvantages you should write?
In each IELTS writing task, we must give enough information that fulfills the criteria of task response according to IELTS Writing Band Descriptors. Now, in this type of essay, it is recommended that we write:
- 2 Advantages
- 2 Disadvantages
This will give us higher scores in task response and improve our overall band scores as well.
Read more IELTS Advantages and Disadvantages sample essays from here. To learn more tips on how to write a perfect IELTS Essay read this.
