We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

The Advantages and Disadvantages of Multinational Companies Essay Sample

essay
The whole doc is available only for registered users OPEN DOC

Get Full Essay

Get access to this section to get all help you need with your essay and educational issues.

Get Access

The Advantages and Disadvantages of Multinational Companies Essay Sample

In a modern society, many multinational companies have been founded. They are called multinational corporations because these corporations operate in more than one country at a time. For example, McDonalds, Pepsi, KFC, Nike. I will discuss the advantages and disadvantages of these corporations. For the advantages, Firstly, multinational products and services provide the best possible standards. Because in a foreign country, Since consumers are willing to spend their money on only the best products, the multination companies need to keep the strong competitive then they must to produce good goods. Secondly, multinational corporations play a big role in creating employment in the foreign countries. Because of their many branch companies, they employ local people in those countries to work for the corporation. This is especially important in developing countries where unemployment is high. Thirdly, the growth of multinational companies in those countries will increase level of industrial and economic development. Because they need more materials in the host country so the MNC’s create much more opportunities for the industry.

Last but not the least, the staff from those companies are of different nationalities and culture, they can share different thinking make the company growing up better. For the disadvantages, multinational companies have highly competitive advantages due to low prices over local firms and can destroy local competition. These local companies hard to survive. Many of these multinational companies seek take advantage the political system by pressuring because they have such a strong impact on the economy. The companies can just pay off government officials to protect their company from being shut down. They may avoid tax by practicing transfer pricing. The multinational companies may afford a low salary to their labor force, because in some developing countries, labor is cheaper than developed countries. In my opinion, multinational companies provide more advantage things than disadvantages to people and nations. They directly and indirectly help both the home country and the host country.

We can write a custom essay

According to Your Specific Requirements

Order an essay

You May Also Find These Documents Helpful

What happened in the past with Coca-Cola?

Coca-Cola Company is an American multinational beverage corporation and manufacturer, retailer and marketer of nonalcoholic beverage concentrates and syrups. Coca- Cola Company has been found 131 years ago in May 8,1886 in Atlanta, Georgia, U.S. by Asa Griggs Cadler and John Pemberton. John Stith Pemberton is pharmacist who invented formula for the most popular product Coca-Cola in 1886 in Columbus, Georgia. The formula is still...

Understand how to make minutes of meetings

Minutes of meetings allow people who attended the meeting and anyone else who the information needs to be shared with to look back on the meetings key information and also to clarify and actions taken or actions that have said will be taken. Minutes are legal documents that are used as a proof for referring back to in the future. The minutes should contain the...

IndyCar Case

1: Identify the external factors that have impacted and continue to impact IndyCar and its marketing efforts. Which factors appear to be IndyCar’s greatest opportunities and threats? IndyCar has a few advantages over NASCAR being in the U.S. NASCAR has almost all of their drivers being white males from the U.S., were as IndyCar has drivers from All over the world which has given them...

Raduis Telecom, Inc.

This Agreement made and entered into by and between: Raduis Telecom, INC. , a corporation duly organized and existing under Philippine Laws with office/business address at 12/F Tower 2 Rockwell Business Center Meralco Compound, Ortigas Avenue Pasig City represented herein by Ms. Yolanda S. Sillesa hereinafter referred to as the INDUSTRY PARTNER. Adamson University, a non-stock, non-profit educational institution, duly organized and existing under Philippine...

Business Structures

There are three types of business structures sole proprietorship, partnership, and general. Each business structure has its advantages as well as disadvantages; the key is determining which business structure will be most suitable for your business venture. Not everyone is looking to run a small business so a sole proprietorship may not be the answer, it could be that you are looking to start small...

Get Access To The Full Essay
icon
300+
Materials Daily
icon
100,000+ Subjects
2000+ Topics
icon
Free Plagiarism
Checker
icon
All Materials
are Cataloged Well

Sorry, but copying text is forbidden on this website. If you need this or any other sample, we can send it to you via email.

By clicking "SEND", you agree to our terms of service and privacy policy. We'll occasionally send you account related and promo emails.
Sorry, but only registered users have full access

How about getting this access
immediately?

Become a member

Your Answer Is Very Helpful For Us
Thank You A Lot!

logo

Emma Taylor

online

Hi there!
Would you like to get such a paper?
How about getting a customized one?

Couldn't Find What You Looking For?

Get access to our huge knowledge base which is continuously updated

Next Update Will Be About:
14 : 59 : 59
Become a Member