Multinational Corporations: Are they Devils in Disguise?

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124 comments Page 3 of 13.

Halakooo said:   1 decade ago
Its a bad thinking, to saying that MNC are devils in disguise. Because now a days every one want to be a part of any multinational company to some extent we can say its a burning desire of job seekers to get a job in MNC.

They provide a excel stands and future for their employees and polished them practically as compare to other local and national companies. MNC are running their works in different country but the good thing is that MNC give equal opportunities to their employee it doesn't matter from which county he belong.

MNC just follow and make practice to implement their policies same in all their premises in the world.
(48)

Rahul Rai said:   1 decade ago
Hello Friends.

Multinational Corporation (MNC) having business in many areas like BANKING, INSURANCE, MANUFACTURING, MARKETING, AUTOMOBILE INDUSTRIES, IT COMPANIES.

I AM NOT AGREE WITH DEBATE TOPIC, SINCE EVERYTHING HAVE PROS AND CONS.

Lets discuss process of MNC.

1. India is a developing country so it need employment of every citizen. MNC have business in many area and they (MNC) provide a huge number of jobs with attractive salary.

2. The GDP of the country also depends on the per capita income of the nation and when people have job in their hand GDP will automatically increases.

3. They (MNC) comes with new technology culture and this make a positive impact over the Indian people.

4. They are also credited for the import, export of goods, culture, education, science, technology from one country to another country.

5. MNC play a major role for bilateral tie between the country.

Here some cons of MNC.

1. MNC brings corruption, since they (MNC) are extreme choosy about what they want, they (MNC) do not care of health of employee, falling of rupee. Every time they (MNC) make their best effort to make all situation in their favor.

2. Small scale industries business man are being defeated by MNC. Since MNC have better technology, better tool to boost their business and they fulfill customer need and satisfied customer as compare to the Indian business.

3. They play a minor role to destroying Indian culture.

4. Drain resources from the country.
(48)

Ravi kumar said:   1 decade ago
Hello friends.

We can not say that MNCs are devils. Because every thing has certain positive and certain negative effects. In case of MNCs, positive effect is that it provides a lots of job for people. A big group of people work in MNCs. I know most of the people wants to work in government sector but it is not possible for government to provide job everyone.

The negative effect of MNCs is that job security is not here. Also workig hour is more in MNCs but for this they also pay more salaries.

So in conclusion we can say without MNCs we can't imagine to remove unemployment even at certain level.
(45)

Safa said:   9 years ago
Hello everyone.

I think you all have forgotten our history of independence! EAST INDIA COMPANY. SLAVERY.

How foreign companies exploited our human resources that time. The same thing is happening today. The only difference is that they are exploiting in a disguised way. Yes, I agree that MNCs are offering great job opportunities to engineers and attracting them with handsome salaries, their motive is only to make use of our resources and earn a great profit. And they are doing it. We Indians have to wake up. We also have brains. These brains have to be used by its owner :D. Not by foreign companies. The treasure of any country lies in its human resources. I am also an engineer. Yes, no doubt. I also want a good job. I wanna get placed in an Indian company to flourish it. Not in an MNC. Huhhh.
(45)

Neeraj said:   8 years ago
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.
(44)

Ankita Karmakar said:   8 years ago
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.
(43)

Vishal tyagi said:   7 years ago
Good evening everyone.

Today we are discussing MNCs are good or not in our society.

So, I think MNCs have benefited too our society. But a coin has a two sides so MNCs have some positive and negative aspects.

Positive aspects:

Create employment opportunities.
Developing work culture.
Maintaining outside relations.
Enhance skills.
Developing skills of every individual.
Provide all necessary services.
Paying tax to the government.
Boost economy.
Increase FDI.
Negative aspects.
Changing in our work culture.
Earn a profit and goes back to our country.
Putting more pressure to our employee.

So, I think MNCs are good for economy because helps to develop our country people efficiency and gaining more and more knowledge and making them productive. At last MNCs are good for economy.
(41)

Payel said:   1 decade ago
Now-a-days, having a govt job is going to be a matter of daydreaming for a young graduate, for them MNC is the best possible solution to establish in life quickly and meet the demands of his family. Jobs in mnc is not like remaining in the same position for 10-12 years and then achieve a promotion, one can achieve what he want to achieve within the time span decided by himself.
(38)

Risha said:   1 decade ago
Hello,

MNC's may have some negative aspects but they are definitely not the devils. After successful completion of graduation or post graduation freshers try to get a job in MNC because our Government don't provide us an employment. We have to give number of exams to join Government service.

These exams are so much hard that any average student could not crack it and face the problem of unemployment. In such case at least the MNC's give hope to such freshers that they can achieve whatever they want with some amount of satisfaction about their work. I also think that every coin has two side but if Indian government would provide us 100% employment no one would prefer MNC's.

Thank you.
(38)

Rohit said:   1 decade ago
Multinationals are the backbone of a developing country like India. During 1991 when the countries economic condition was worsened Globalisation was the cure and antidote to the crisis and hence several multinationals were being made to pave their way into India. And the result we can see. We are one of the fastest growing economy in the world. Still to do many things but improved a lot. They have provided employments, better lifestyle by a good pay scale, new technologies and many more benefits to an Indian citizen.

Besides providing new opportunities it also organizes foreign business trips for its employers. Yes, its these multinationals and industries should be enacted with complete preventive steps as nature and environment of the area should not get affected by it. But this is happening in our country just because of mismanagement. If there would be proper management in our country then these environmental problems occurring due to them won't be there. Hence in my opinion they are not devil but a boon in disguise.
(38)


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