Multinational Corporations: Are they Devils in Disguise?

Multinational corporations opportunity for one and threat for other. There are many aspects whom multinational corporations affect. Business class especially small and medium size business and start-ups have to face problem due to multinational companies. They have to face increased competition. Reduced return followed by reduced earnings. They have to fight for their survival for even short run. They have to struggle with large size domestic company as well as MNCs. Whereas job-class gets job opportunity, secured future, better living standard. And most importantly consumer get benefit of more variety, cheaper products and services due to reduced price. MNCs effect economically as well as socially.

MNC's have advantages as well as disadvantages. Advantages are goods are available at lower cost to the customers they get a lot of offers and discounts it also provides employment to the youth of our nation and helps in their career growth and development of the country as technological advancement is also welcomed along with the establishment of the MNC. Disadvantages include the small-scale industry and start-up business has to face a huge competition which leads to closure of the business. Mnc also helps in strengthening relationships along with other countries.

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.

Given this topic to discuss, I would like to first state the age-old saying change is the ultimate constant. In this era of globalization, welcome international relationships and working in sync with the global market is the need of the hour. The establishment of MNC's has created a core zone of employment among Indians. Having headquarters in some foreign land these MNC's offer the opportunities to its employees to get transferred for short or long duration to other countries, resulting in greater career prospects, global utilization of an Indian resource. Sundar Pichai is in the list of world's most successful businessman, he too belongs from India and is today making India proud with his success on the global platform. Moreover these MNC's pay taxes to the Indian government, which is a great cash flow to the Indian economy. Infact, in US or other countries where their headquarters are situated, a large portion of their workforce are Indians who are making prospective careers abroad. One negative impact that I can list down here is the increasing pressure that these MNC's impose on indigenous industries. However, I feel any competition should be treated in a healthy way and success can be more cherishable when achieved in a challenging environment.

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.

Mncs as we all know are corporations that are operating in one or more country other than their home country. As every coin has two sides mncs too have some positive and negative aspects. Positive aspects include.

They provide high salary and additional perks.

They provide advanced and sophisticated technology.

Indians can get through globalisation only through emergence of mncs.

Negative aspects includes;

We have lost aur culture and values in midst of mnc culture.

We have lost our wealth of manpower to citizen of foreign countries.

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.

As our country, India is the largest democracy in the world and so its youth population is largest in the world or you can say unemployed youth. In such scenario, the multinational companies are just paving a way for many of our educated youths who. Could not make to the government sector. The rush and competition is increasing day by day and a single sector could not quench this thirst of unemployed youths searching for better prospects better upliftment. The MNC's, on the other hand, provides handsome packages according to individual's skill, better incentives, better additional facilities and last but not the least the name in itself says multinational provides exposure in the way to deal better with the outer world.

Multinational corp are not devils because they provide many opportunities to our country and helping us to get rid of unemployment. Our PM's MAKE IN INDIA project also supports the MNCs. MNC gives us platform to compete with other countries. MNC also helps in our economic growth and it gives our youth an opprtunity to perform their skills on global level.

Yes, it's not wrong to say they are eliminating the small industries but its advantages are more than its disadvantages.

I think Multinational Corp is not devil for our country because it helping to our citizens to provide jobs. Unemployment is the one of the biggest issue of our country. Because of MNC so many youths are get rid of unemployment. MNC's provide advanced and sophisticated technology to our country. They provide quality product at cheap cost. But I also want to say that because of MNC's small industries are also get effected. MNC's also helps us in our economic growth. Because of MNC we have both so many advantages and disadvantages.