Multinational Corporations: Are they Devils in Disguise?

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124 comments Page 8 of 13.

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.
(53)

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)

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)

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".

:).
(31)

Noil Max said:   9 years ago
In my point of view, MNCs are the dreams of IT students, because most of the MNCs companies are hiring IT students.
(10)

Saranya .C.P said:   10 years ago
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".
(22)

Mahalakshmi said:   10 years ago
Hello everyone,

Due to globalization, economy is growing faster. MNCs are part of globalization. They invest their money and use resources of host country and make profits out of them. Those profits are taken over by MNCs to their parent countries. In the due course the host country is benefited in several ways such as employment opportunities, availability of good and services which are otherwise not available at such fair rate and quality, government getting taxes, etc.

And we should reap the benefits benefits instead of avoiding it. In order to get benefited, there should be some repatriation restrictions of profits earned by MNCs. If we are against to MNCs and FDI, we are definitely going to lose more, rupee will depreciate further, adverse balance of trade, etc.
(57)

Kavita said:   1 decade ago
Hello,

I am not so learned person & not knowing in detail about it then to I think it never disguise.

Yes, I am also agree that MNCs are not devil as they bring foreign investment to our country & also providing employment opportunities to unemployed persons. As each coin having two sides, same with the MNCs.

It exploiting the workers in many ways: Giving stipends in compare of their work, etc. But then to it is beneficial. Due to corruption it looks devil but it is lies in every department, In fact it is at each step.
(11)

Lubhanshi said:   1 decade ago
Its totally correct to say that everything has its pros and cons but how far is it correct to say that MNC's are the one who has build up our nation? Yes they do have created employment of course but they have exploited our small scale industries and handicrafts too on the other hand.
(19)

ABhi said:   1 decade ago
If we depend on the MNCs too much then it will be a problem. MNC are listed in other country and they just doing manufacturing or providing services in our country but the real money is flows from our country. The profit increase the other countrys economy to greater extent.
(32)


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