Multinational Corporations: Are they Devils in Disguise?

It's good to have MNC in our country,

#In the era of globalization we need to collaborate to benefit each others strengths.

# It gives opportunity to get the international exposure how the business succeed.

# This international exposure can be used latter for establishing startups and become Indian MNC with global footprints.

# Its generates the employment.

# MNC's Pays the taxes which can be used for the development of our country.

# MNC's presence Motivate local companies in the same field to enhance quality standards to the global level. Once Indian upcoming companies set up the global quality they can also start the Exporting to the other countries.

# Global citizenship is the next way of getting closer to each other to make the India developed country.

As all the point have been already discussed here. I also would like to share my point of view. According to me, Multinational corporations have put a great impact on our economy but as well as it involves disadvantages also.

The pros and cons of the multinational corporations are:

1. They provide huge employment
2. Bring new technology and invention to produce good quality products at low cost.
3. Due to multinational corporations, A healthy competition environment is being developed.
4. The taxes which are being paid by multinational corporations help to improve national revenue.

Cons are:
1. The moto behind the multinational corporations is only profit. So at some points, it's not good for our country.
2. They want to occupy market and it's put bad impact on domestic Business.

Hi Guys,

Actually whenever we try to make a plan to do anything so it is obvious that we get both advantages and disadvantages and after calculating a huge scale if we get more advantages scale than disadvantages so we keep on in the era. So if we have more and more advantages doing that particular thing than disadvantages so it is easy to take a decision that what is right and wrong to do. And if we talk about "Multinational Corporations" so there is a same situation with it I mean there are more and more advantages than disadvantages in many forms abide with MNC. This is a private sector which offers more and more jobs to them who are talented in their life and in other hand if we talk about Government sectors so its job scale is very low I mean hardly people get jobs in the government sectors so if there are not enough jobs so what will happen of all those people who are jobless so in this situation Multinational Corporations are blessings for people in this nation. It doesn't mean MNC offers fewer benefits at all even it offers more and more benefits to the candidates in their organisations. Like: Life Standard, High salaries, Platform to prove our self, Increase GDP rate of our country, Increase employability of our country, Change people vision, due industrialisation etc. And as we all know that our nation is developing nation so at this stage these kinds of benefits are useful to raise our nation very fast because a better employment brings us a lot of happiness in our life.

So over all I can say that Multinational Corporations are boon for the nation not Devils.

"Think bigger get bigger".

Thanks.

Hi.

MNCs are devil's for sure they don't make any profits for the country. I believe.

Cons of MNCs are:
1. They don't want the countries to improve their economic status but wants that their own benefits should increase.
2. Every MNC has the same mindset, " how is the market of the country to be occupied?".
3. It's not necessary that an MNC will give employment opportunities to the people, it will always try to somehow depress the growth of the country.

Think about it whether correct or not.

Thank you.

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.

For me. No it is not the devil in disguise. We see in our country many multinational companies and we have many friends or relatives or neighbours working in those companies. So it is quite clear that it gives high employment to our youth. But we need to understnd their motives and their demand. When a company is run on private ownership the sole intention is to make a profit. And they will never tolerate any kind of non-performing asset in their companies. So as we change non-working machines for our own benefit. When employees become lazy or less competitive MNCs tend to replace them with better ones. So we can clearly understand that working in an MNC is highly challenging but there is immense growth opportunity and remuneration. If one can perform to one's fullest and update one's self along the company's demand. Moreover, these MNCs contribute in building India through their corporate social responsibilities. And govt earn huge amount as corporate tax from these companies. So, it depends on individual perspective. We all know the story of grapes being sour. Thank you.

MNC companies gives many employment opportunities to evry qualified people. Salary package is quite ok. But it also has some drawbacks. We have to work for some other country. We become slaves to them. Work pressure is high. We have to work for from morning 9.00 am to 9.00 pm. By this stressfull work, we get depressed, tired, family life has been affected. Health issue had occured. Salary is high but work pressure is more. No holidays will be provided except one day in a week. Especially women has to suffer a lot because before marriage their night shift work is ok but after marriage their husband and mother in law will not accept the night shift. After the birth of baby, they do not have time to take care of their babies. Both husband and wife has to run run to make their living good. So I conclude my saying that MNC is not suitable for people. Thankyou.

Hi guys,

Multinational companies are not. They are providing so many opportunities to develop the country along with that it provides more employment opportunities to us. For example, if you see the govt sector, there if u want to get the job, you need to put more efforts and there scst, general, etc. but this method is not in private sector. If anyone has basic knowledge, they can easily get the job but they have to work hard and improve their performance. Based on that they can get knowledge and promotion but this method is not in govt. sector.

MNC's are helpful to develop our country by launching new products and distributing it to the market. From that, they will provide a huge tax to the govt. In this ways, MNCs are helping to grow our country.

MNCs as known they help our country in many ways but has always been a threat to many developing countries. Before MNCs came to India every people were working and many of them were farmers who worked for self-profit. But after MNC entered India, as known they used up our resources and draining all the industrial waste in the rivers and polluting them. India has a very large population and water is a basic need for us which is being polluted by many of these companies. Secondly, small industries are affected due to heavy competition with MNCs. Many farmers dying and the small industries closing their industries. There occurs unemployment. With many losing their jobs (because of MNCs) and joining MNCs as slaves only for the other country's profits.

JUST THINK OVER IT.

The concept of MNC came into India along with Britishers. The first India MNC was the East India company which was run by the Britishers.

At present, there are many Multinational Corporations in India running successfully in India. This MNC has increased the job opportunities in India and helped India in connecting with the world.