Multinational Corporations: Are they Devils in Disguise?
Points to remember before you participate in this discussion:
- Assume you are one of the members of a real group discussion.
- Take the initiative to participate and contribute your thoughts.
- Contribute your positive thoughts towards providing the solution.
- Post your thoughts here.
Discussion:
124 comments Page 6 of 13.
Teja said:
9 years ago
As everything has its own merits and de-merits, sam is the case with MNCs.
Yes MNC s are profit minded, who is not these days. But on the other hand, they are investing in the host countries and making use of its resources. They are providing employment the youth of the country and lending their helping hand to become financially stable. They are helping in the development of skill in the individuals. They are promoting a healthy relationship between the host country and investing country. They helping the host countries to develop economically.
As always a coin has two sides, one must also accept the demerits.
Due to the deep-rooted establishment of MNCs, the Indian companies lost their significance completely.
But one has to accept this and move forward.
The government should take following measures so that the demerits can be brought down to a certain extent.
I) there should be reasonable competition between Indian firms and MNCs.
Ii) The work of the employees of MNCs should not be too hectic I. E, the working hours should be reasonable and they should be paid with decent salaries.
By following the above steps there is nothing like MNCs "DEVILS IN DISGUISE".
:).
Yes MNC s are profit minded, who is not these days. But on the other hand, they are investing in the host countries and making use of its resources. They are providing employment the youth of the country and lending their helping hand to become financially stable. They are helping in the development of skill in the individuals. They are promoting a healthy relationship between the host country and investing country. They helping the host countries to develop economically.
As always a coin has two sides, one must also accept the demerits.
Due to the deep-rooted establishment of MNCs, the Indian companies lost their significance completely.
But one has to accept this and move forward.
The government should take following measures so that the demerits can be brought down to a certain extent.
I) there should be reasonable competition between Indian firms and MNCs.
Ii) The work of the employees of MNCs should not be too hectic I. E, the working hours should be reasonable and they should be paid with decent salaries.
By following the above steps there is nothing like MNCs "DEVILS IN DISGUISE".
:).
(31)
Amit said:
9 years ago
In today's world, MNCs are definitely very important to meet the needs of the growing population and increasing the employment but the problem in India is that the profit mainly goes to the foreign countries, what should be done is that rather than allowing these MNCs to invest in our country our own investors should come forward and government should promote them to start small business, production firms which will provide employment as well the financial, economic and technological status of our country.
(24)
Suneetha said:
9 years ago
TO my opinion, MNC's are generally profit minded. They set up their companies providing huge employment attracting the attention of the unemployed people. They extract a lot from those people, develop their companies, and products. It's better our investors to take part actively and give a huge competition to the MNC's. Our govt should also support for the investors for increasing our economic and financial status.
(6)
Akanksha Nigam said:
9 years ago
Hello,
I believe that MNC's are doing a great job for the Indians when it comes to a point of employment. No doubt these companies are providing employment to many our Indian youths by which so many people in our country are employed and I believe that we should be thankful to them as because they are providing a great environment to work for an employee as well. We all know that when it comes to professionalism MNC's companies have a good platform to learn it which we Indian must learn to grow. Not only we are employed also we are encouraged by them but also many of our Indians are in a very good designation because of their talent. When it comes to talent Indians always prove their best.
I also believe that many of the small-scale industries are affected because of these MNC's but I wanted to say that to avoid this fact; we need to support Indians products too. Why we can't make in India and why we won't support Indian products when they are making in India. I've seen many people want foreign products to be used as they believe that only foreign products can provide the society status.
Indian always prove their talent Internationally not only in this era also if we go back we can see that we Indians are very talented in every aspect and foreign countries understand and appreciate us. We all have business mind but we didn't get support from us in India only.
I'm sorry to say that Indians are not recognized and also not valued by Indians only when it comes to believing the talent and quality and that is the main reason small scale industries didn't get recognition and not standing in front of MNC's.
I want to say that if we really want to be a developed country we not only to be an entrepreneur but also we trust each other quality and talent and our qualities should be recognized internationally.
To clear it I wanted to say an example of "iPhone" we all wants an iPhone due to the quality of it why we Indian can't make such quality product and a brand which should be recognized internationally and get benefits of it. To answer this the question I must say our Indians are that much talented that they can make more good and best product which can become International brand but where we are losing is that we don't get recognition by us that is the reason our Indian small scale companies are lacking and somehow Indian company are not standing to the International market.
I did a research and find that to grow every individual needs to have his its own business but when it comes to many Indian I'm sorry to say we just wanted to work for an MNC's by which we would be recognized in the society. Do we really need to have such kind of recognition?
I believe that we should take a step and grow through our own thought. We've history that there are many people in past who think different and grow in India with their talent and business mind.
We should be a business minded and not to be stuck at a single company with the A.C. rooms to the rest of their life. I believe that sweat needs to come out from every individual and I want to request to everyone that please believe on Indians product and make them a huge brand.
Thank you for reading this.
I hope and wish that one day we will be able to stand our business to other country and provide employments to their country people.
I believe that MNC's are doing a great job for the Indians when it comes to a point of employment. No doubt these companies are providing employment to many our Indian youths by which so many people in our country are employed and I believe that we should be thankful to them as because they are providing a great environment to work for an employee as well. We all know that when it comes to professionalism MNC's companies have a good platform to learn it which we Indian must learn to grow. Not only we are employed also we are encouraged by them but also many of our Indians are in a very good designation because of their talent. When it comes to talent Indians always prove their best.
I also believe that many of the small-scale industries are affected because of these MNC's but I wanted to say that to avoid this fact; we need to support Indians products too. Why we can't make in India and why we won't support Indian products when they are making in India. I've seen many people want foreign products to be used as they believe that only foreign products can provide the society status.
Indian always prove their talent Internationally not only in this era also if we go back we can see that we Indians are very talented in every aspect and foreign countries understand and appreciate us. We all have business mind but we didn't get support from us in India only.
I'm sorry to say that Indians are not recognized and also not valued by Indians only when it comes to believing the talent and quality and that is the main reason small scale industries didn't get recognition and not standing in front of MNC's.
I want to say that if we really want to be a developed country we not only to be an entrepreneur but also we trust each other quality and talent and our qualities should be recognized internationally.
To clear it I wanted to say an example of "iPhone" we all wants an iPhone due to the quality of it why we Indian can't make such quality product and a brand which should be recognized internationally and get benefits of it. To answer this the question I must say our Indians are that much talented that they can make more good and best product which can become International brand but where we are losing is that we don't get recognition by us that is the reason our Indian small scale companies are lacking and somehow Indian company are not standing to the International market.
I did a research and find that to grow every individual needs to have his its own business but when it comes to many Indian I'm sorry to say we just wanted to work for an MNC's by which we would be recognized in the society. Do we really need to have such kind of recognition?
I believe that we should take a step and grow through our own thought. We've history that there are many people in past who think different and grow in India with their talent and business mind.
We should be a business minded and not to be stuck at a single company with the A.C. rooms to the rest of their life. I believe that sweat needs to come out from every individual and I want to request to everyone that please believe on Indians product and make them a huge brand.
Thank you for reading this.
I hope and wish that one day we will be able to stand our business to other country and provide employments to their country people.
(53)
Rekha said:
9 years ago
Multinational companies cannot be a devil in disguise. They bring in revenue; provide job opportunities to thousands of people. It helps the country to get a global recognition. They undoubtedly work majorly to get profits.
However, it should not be forgotten that they bring quality to the services and raise the economy.
Most of the multinationals provide seamless services to employees like transport, accommodations, food, insurance, crèche etc.
The companies give high salaries to employees that keep them motivated. Few multinationals also provide future studies opportunities thereby assisting employees in their career.
They give onsite opportunities to people which help them interacting with more people.
For some people, all that glitters is not gold! Few people think that they are devils in disguise because of the pressure and the work they expect from their employees.
This pressure leads to domestic issues, violence etc. No doubt they give high salary packages, but even take double the work from the employees.
However, it should not be forgotten that they bring quality to the services and raise the economy.
Most of the multinationals provide seamless services to employees like transport, accommodations, food, insurance, crèche etc.
The companies give high salaries to employees that keep them motivated. Few multinationals also provide future studies opportunities thereby assisting employees in their career.
They give onsite opportunities to people which help them interacting with more people.
For some people, all that glitters is not gold! Few people think that they are devils in disguise because of the pressure and the work they expect from their employees.
This pressure leads to domestic issues, violence etc. No doubt they give high salary packages, but even take double the work from the employees.
(12)
Priya said:
9 years ago
MNC's provide jobs to a lot of people in India. Today lots of engineers have got the job and they are living a standard life its just because of MNCs. Otherwise, there are lots of cases of suicide and increase in crime in India. MNCs also provide lots of knowledge during the training period and people learn a lot from. They also give the opportunity for further study. In short MNCs is a big relief to the Indians.
(13)
Mukesh said:
9 years ago
Hi, friends.
I would like to add my point, MNCs are actually backbone of our country, imagine India without Amazon: the e-commerce giant, Apple, Microsoft, and many more which help in advancing our lifestyle and economy of our country although we have such giant like TCS, Flipkart, Wipro and many more but we should know how they get their start in India is only due to these MNC.
Our Indian firms have learned so many things from these MNCs and still learning in every field to speed up the profits, stability and also in technology transfer.
When Amazon entered the Indian market only then the growth of e -commerce market of Flipkart came to full flow.
Take the example of mobile markets how it grew in India in last two years, although I was only possible due to the campaign launch by Mr. Modi Goverment "MAKE IN INDIA " but some what's MNCs like Lenovo, Redime, Apple helped lots to achieve this fit of the mobile market in India.
If you go to research about our PSU company of India, you would find the lots of MNCs are working together with different PSU to overcome the different current engineering issue. Take the example of setting of the new plant of NTPC, most of the equipment is provided by MNCs firms only.
Lots of defense precise instruments are supplied to the giant's manufacturers like HAL independently my Indian micro industries and MNCs only.
I would like to add my point, MNCs are actually backbone of our country, imagine India without Amazon: the e-commerce giant, Apple, Microsoft, and many more which help in advancing our lifestyle and economy of our country although we have such giant like TCS, Flipkart, Wipro and many more but we should know how they get their start in India is only due to these MNC.
Our Indian firms have learned so many things from these MNCs and still learning in every field to speed up the profits, stability and also in technology transfer.
When Amazon entered the Indian market only then the growth of e -commerce market of Flipkart came to full flow.
Take the example of mobile markets how it grew in India in last two years, although I was only possible due to the campaign launch by Mr. Modi Goverment "MAKE IN INDIA " but some what's MNCs like Lenovo, Redime, Apple helped lots to achieve this fit of the mobile market in India.
If you go to research about our PSU company of India, you would find the lots of MNCs are working together with different PSU to overcome the different current engineering issue. Take the example of setting of the new plant of NTPC, most of the equipment is provided by MNCs firms only.
Lots of defense precise instruments are supplied to the giant's manufacturers like HAL independently my Indian micro industries and MNCs only.
(62)
Naidu babu earla said:
9 years ago
Friends I respect everyone's ideas as they are many uses like our country which is till developing country. But to get an item which is of our won we have to avoid multinational corporations and our Indian govt should take certain measures to improve the smaller companies which are affected due to MNCs. Then only our next generation is going to say that they are using their country products. Thank you.
(12)
RIYA said:
9 years ago
I agree that MNC's provide job and enhance the lifestyle of our country. But we can not ignore the things that they only make their profit, not the employees. They only take benefit from the work of the people and see if the particular is productive or not and when they find a new one better than existing they give a resignation. So there is no job security if we think that MNC's gave us the jobs and only that is the reason for which we like MNC's.
(15)
Hitesh Sharma said:
9 years ago
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.
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.
(69)
Post your thoughts here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers