Multinational Corporations: Are they Devils in Disguise?

In a country the total economic empowerment and development of GDP solely depend upon inflows of currency, the current account deficits will be narrowed only due to inflows of huge currency the inflows can't be as huge that required for a country's economy unless a MNCS that may be foreign or indigenous has not invested in a country.

Companies are the driver of economy the country will be more developed only when it will be industrialized. This industrialization can't be done only with our own company. Some foreign partners are also required to increase the competition and more inflows. Yes some action should be taken to control these MNC from outside. Some policy should be developed so that the MNC should not use our resources to develop their own country.

Hi, guys.

In my opinion the history of slavery is repeating in our India at that time they made us their slave and now we are willingly becoming their slave by getting into the MNCs now the approximately 70% of Indians are educated from that 40% works for MNC and approx 95% of the population depends on MNC product Looking at these factors now we should look forward to our future when India becomes 100% educated then more than 80% will be slaves in the MNC, yeah its sure that at that period India will be a developed nation but think we will leave in a developed country which is controlled by foreign MNC and they will make us slave.

The freedom which we capture from them will be given back by us to them in that developed country.

Thank you guys for reading.

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.

I don't think that the mnc are disguise or devil. In developing countries like India the government is not taking proper action to improve the needs (i.e. infrastructure, health, education etc) of a common man they are not taking fair actions to improve the living standard of a common people rather than thinking of personal upliftment and their existence to be in government.

A common thing in India is that those who are rich are getting more rich and those who are poor are still poor and the middle class is struggling for a better future. Since india's population is large many of the peoples can't get job in the government so they are moving to work in mnc. The mnc are providing the jobs and are also improving Economic condition of country.

Hello friends,

I personally believe that MNCs are like benediction in the darkness in our nation, they lend their helping hand to the unemployed people of India with better package and other facilities. So why we Indian unemployed (specially with general category) wouldn't go to grab this opportunity.

Some people has already raised some points against the MNCs but if you think carefully then you would get that ultimately it is beneficial and it is leading us towards the development. Another important thing is, the MNCs are grooming our youths with a good work culture and good management and economic sense as well in compared to any other Indian companies.

And lastly, don't forget it also brings the foreign investments.

Thank you.

Multinational companies are disguise devils in some way but mncs are not totally devil as they provide the jobs to the unemployment peoples so they act as lord for some people. The devils face of mncs are they always thought about their profit. They does not thought about the profit of their customers. They always want to cheated the customers by mixing some unwanted things to the customers. That is the mainly devils face of multinational company. But all mnc are not behave the devil for their customers because they thought about their profit as well as their customers profit that is important. That`s why growth of this type of companies is very well compare to other companies. So this type of company does not have a disguise face.

MNCs are having both pros and cons of course, as everybody said:

In my point of view, the positive side is, MNCs are providing jobs to lots of individuals and they deserve it too. Hence they can improve their lifestyle and their career so faster as compared to the people working in other companies.

Still, there are lots of demerits than advantages. Because the people who are providing jobs to individuals, are mainly aiming for their profit. Yes ofcourse every company's work for the profit but these people are going much extreme in earning profit. And everybody know this. Due to this, our economy has been exploited and our heritage too. This is the leading impact of it.

And hence I say "MNCs ARE MUCH DEVILS AND LITTLE DEVILS".

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 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.

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.