Multinational Corporations: Are they Devils in Disguise?

I don't think MNC's are devils in disguise. They are here just to make a profit, make money and to do business. That's it. They play a very important role in building nation's infrastructure. They also give job opportunities to the freshers, engineers, and many others. Also, knowledge and skills can be enhanced by working in an MNC. So they are removing the problem of unemployment (which has been prevailing in India for a long time), reducing poverty, economic growth of our country and ultimately our country is benefitted. Even if they are using Indian brains to develop and benefit their company, we people can also acquire their knowledge, skills, and strategies as to how to achieve our goals in the short period. So it depends on us how we tackle with these MNCs and take advantage from them. Obviously, if an MNC is doing business in India then surely they feel that Indian minds are much more creative and profound than any country's people. So it totally depends on us whether we will become a slave or become a master.

Hello, everyone.

Well, I don't think at all that MNCs even closely resembles devils. The devil is our point of view when we see them as threats. They come with their share of negative but who doesn't. Everything present is this system has its merits and demerits. As someone pointed out can you imagine our nation without google, Microsoft, apple, BMW, Audi They bring in technologies our people can only dream of.

We may be ahead of them in other sectors but technology wise, we are way behind them.

For instance, assume that you only have access to products made of Indian companies. Can companies like Micromax, lava or Intex has ever offered the product which can compete with global standard products like apple iPhone has Wipro, TCS ever made an Operating System which can compete with Windows, Android or Ubuntu ?

I am not against any Indian MNCs, all I am saying is that they have a lot to learn from foreign MNCs.

So instead of thinking them as devils, they should work with them.

That's all.

Thanks.

Hello friends,

In my point of view every coin has two sides.

Today's scenario in our country rich person get more rich, poor person still poor and middle level person is struggling for better future.

And another thing is in our country every year passed many of doctors and engineers. So, it is not possible all of get job in government organization.

Positive aspects,

- It provide better employment with handsome salaries.
- Provide better infrastructure.
- Provide better technology.
- Increase economy of the country.
- Provide better quality product at lower rate.

Negative aspects,

- MNC'S always thinking about their profit.
- It effect on employees health because of tension, completion of work before deadline.
- Prize of our rupee is decrease.

But negative aspects is reduce if government makes a rules for MNC.

Like.

- Employee do a work in MNC for particular decided hours.
- MNC also support our social work and also in charities.

Thank you.

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.

As we all know that before 1990 our country was suffering from the problem of low economy but after when mnc's came to our country, the economy of our country increased and in todays life our country has very good economy. Multinationals company provide employment to our country those who were unemployed, most thing I like is they don't give importance to our caste, region or quota for recruitment of employee.

Through MNCs we can buy product at low cost which we get at higher prices because of import duty.

I think in today's world of globalization if you want to stand with others you should know all strategies and all technologies. It is the MNCs through which we have a better standard of living and our lifestyle also changed.

So I think they are not devils but as we know everything has both good and bad aspects. But they have more good aspects than bad. So overall we can say that they are boon to our country.

Hello friends.

Everyone wants profit in their business. Is their anybody who doesn't want it?

I think there will be no one like this. MNC's have total grip on today's world economy. They control each and every aspect in the economy. Their sole aim is to increase their profits, expand their business, modernize their machinery and managerial skills.

But besides this they are providing employment to many people. It can bring the capital from the world banks or can separate a share from their profits. They provide sophisticated training to managers in that country. It increases country's foreign exports and decreases export which in turn helps to maintain foreign receipts and payments. It also provides scarce goods in a country at a cheaper rate by importing raw materials from other countries.

Thus MNC companies try to reduce regional imbalances and puts its best effort to the growth of the world economy.

As per my point of view MNC's are not devils because they offered many jobs with good facilities to their employees like good salary, funds and also holidays to them. The people get a chance to do jobs in abroad also as per their performance in company. It is also best for our economic growth because many foreign companies also invest in any country of world. AS compared to Government job people get more salary here. And most important factor is it will help to increase the employments. Because of MNC the skilled people have an opportunities to do job as per their interests and it is a real happiness. As our country is made highest number of engineers and doctors in the world so for their recruitment MNC's are boon to then to get a job for their survive and it is not possible to our government to give jobs for all educated people.

So these all are boons of MNC then how it will be a devil.

Hello everyone,

I want to share my views in the favour of this topic.

In today's time when there is so much of unemployment in India, where the companies have less jobs to offer to the increasing demand, these MNC's are playing a devilish role and taking a huge advantage of this condition.

Although these huge companies have a thick salary to offer, they extract the double or triple of what being offered. There working hours are inadequate which may expand up to 11-12 hours a day which is highly inadequate for human being. These companies only want there jobs to be done either 1 way or the other. This type of working environment creates a high mental pressure on the employers, making them prone to the various diseases at an early age.

Moreover, there is no job security along with the job satisfaction.

Hence we can clearly see that the MNC's are playing devils in disguise.

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.

Yes they are devils in disguise, they might be providing jobs and paying huge amount of Taxes to governments but the big question is are they here for social work ? answer is no. They simply comes to earn Huge profits. What they brings with them ? only Money and uses our resources our manpower and makes profits. The more these companies earns the more their economy rises and our economy degrades.

Why ? because economical growth of nation depends upon the growth of their homeland companies here our homeland companies are either bought or destroyed by MNCs. Which makes us fully dependant upon these companies. The only solution to tackle these devils is to preserve a minimum 60% quota of market share to the Homeland companies this will help in a healthy competition that will result in growth of both our Homeland companies and our nations Economy.