Multinational Corporations: Are they Devils in Disguise?

These companies are so helpful for the unemployment people's or persons because it provides a very large no. Of employment by avoiding the caste and grades. It gives the employment only on basis of the talent. And by these companies, we have to get the training and experience for the future life. And we have to open an industry or a company ourself by own experience. These companies are not devil's for the talented persons because they very well know the value of the MNC company. So don't think about that INDIA'S MONEY ARE GOING OUTSIDE THE COUNTRY. Just think positive and look and think about your future life of your children as you got soon. .

Thank you.

Multinational corporations have become a very important part of our society. These firms have exploited resources of our country and have gain profits in billions. These companies are successful In Creating infrastructural development but at the cost of the well being of our society. I don't believe that there isn't any other alternative available. The mnc's are indeed devils in disguise, these firms exploits the market and promote negative competition which in turn leads to a degradation in the standard of living in a way.

In my opinion yes it is truth that these so called multinational corpoations are devils in disguise though they never meant to be so.

I will explain It how.

There are many multinationals who expect the candidate to be ready to work for their organisation at a meagre salary. Considering the inflation rate it isn't good for the citizens of our country. They make profit but the employees who suffer like donkeys have no future.

I heard recently that the new bill passed in Loksabha is stating that the workers in private organisations are not given any right to protest against the injustice happening to them. So no more strikes will occur in private sector. It would depend on their management whether the salary hike n some other facilities and privileges are to be given to employees or not. The workers have no right to make unions and then go on a strike for putting up a protest against their issues.

Government needs to have some hold over these institutions. Their should be minimum wages fixed considering the inflation rate which is constantly going up. Such a hold is required for the purpose of employee welfare.

There is something wrong in the MNC that needs a real study from people around the world. Too many things are not clear enough and it is not clear to everyone how the MNC without corruption need to work. Actually, I don't even know if there is an MNC without corruption these days or if the MNC is the real devil. All I know is that I was a witness of an MNC that shut down every business outlet of its franchise system.

It was and MNC selling electronics, like watches, calculators and things to bring at school. I don't recall all of the articles. I was in Canada at that time and I did ask the owner why he was shutting it down. He said "I am doing good profit and they force me to shut down because the head office is shutting down". I was very surprised. I don't understand the real reasons why a franchise shuts down a store when doing good and all I can think about is this: if there is mafia they shut it down.

This is only my theory. How would anyone know if there is mafia. I assume that the owners of too many franchise stores are selling products with brand names that a franchise system does not want. In this case it could be Seiko, Sony, Panasonic, etcetera. In a food based franchise system it can be Nutella, Italian salami, prosciutto, mortadella, pasta and things of this kind. My own idea of a franchise system without corruption was that a franchise does not want to sell anything meant to be sold into small stores because it attracts mafia and it brings, probably, counterfeit products into the brand names. I did notice that a food based franchise system, a grocery store, sells very different things in Italy that were not sold in Canada because here in Italy you find easily Italian products of well known brand name.

Amazon is also selling italian food and many other MNCs did introduce italian brand names or high quality electronic products that are meant only for the professional sector and that were usually sold in small stores. If my theory is true this big corporations are all set to their own destruction because they are stealing jobs from the small business and probably keeping mafia connections. My theory is supported by the fact that when a franchise name does something wrong they begin to brake rules: renting a space to another business (i.e. McDonalds selling italian pizza); replacing logo color and design, replacing forniture or style with a different style. Those are all signs of mafia sneaking into the franchise system and turning it into the devil.

The devil exploits those who supply the product, it enslaves them by purchasing merchandise at a very low cost that is impossible to make money with; by removing them from a list if they do not obey their request and organizing with the working word to destroy economically someone that does not comply with their request.

MNC

They are just businesses only at a larger scale or small business amplified.

So let's apply this amplification process to every aspect of that business the basic being making profit for a company it doesn't matter how they are getting money until unless it is illegal, so they don't care if they are being devilled until unless the money stop flowing in.

So amplifying this will lead us to a conclusion that yes the devil in Disguise, the devil only interested in money.

In my views, Multinational corporate sectors are good in the sense of government services they provide a job to unemployed people to the lower society part of our contry.

In my opinion, multinational companies are not devils but boon to Indian economy. I think they bring lot of benefits to our nation. For example, people working in multinational companies are getting lot of opportunities. People are exposed to different cultures around the world. Moreover, when you compare multinational companies to government institutions, They are more advanced in usage of technology.

Government does the job in very lethargic way. But multi national companies do the work in efficient, systematic way. For example, government giving work of the projects to multi national companies. So, government itself recognizing multi national companies work force. But there negatives effects of multinational companies like they give pressure stress to the workers in completion of the work. Moreover, increase of rupee value is of the major ramifications multi national companies. But they are more beneficial than government institutions.

MNC's are not the devil. They provide the employee with overall development, help industry through technology transfer, help maintain the balance of payments due to increase in exports and helps increase local population income which in turn keeps money flowing and economy growing.

This doesn't mean that they are flawless. They sometimes leads to loss of local companies because of the huge risks MNC's can take but the local competition can't. But overall they are more good than bad for the host country.

HELLO,

All MNC's are not same. Global market is a very efficient way of decreasing product rate and also beneficial for increasing quality. Beside country and country product is another concept of marketization. So whoever stands for country product is another employee or manager working to promote his product. Now the world is having enough opportunities to network with each other. It's time to have a world governance and world policing. For the betterment of all the humans.

According to me, MNCs are a boon for our economy. It brings new technology in our country makes market more competitive, provide more employment opportunities with good salary package. Provide quality product at low cost, improves standard of living. Yes, there motives are only to make profits and is a threat to sdomestic businesses. But if government comes with few effective initiatives like to make the working hours of MNCs less to make it less hectic and try creating equal competition amongst MNCs and domestic companies. Also doing this will ensure that skilled students from our countries do not migrate to other countries in oder to search for a better job with high salary package.