Multinational Corporations: Are they Devils in Disguise?
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Discussion:
124 comments Page 8 of 13.
Karan said:
7 years ago
I think Multinational Corp is not devil for our country because it helping to our citizens to provide jobs. Unemployment is the one of the biggest issue of our country. Because of MNC so many youths are get rid of unemployment. MNC's provide advanced and sophisticated technology to our country. They provide quality product at cheap cost. But I also want to say that because of MNC's small industries are also get effected. MNC's also helps us in our economic growth. Because of MNC we have both so many advantages and disadvantages.
(25)
Sourabh said:
1 decade ago
Multinational corporations have become a very important part of our society. These firms have exploited resources of our country and have gain profits in billions. These companies are successful In Creating infrastructural development but at the cost of the well being of our society. I don't believe that there isn't any other alternative available. The mnc's are indeed devils in disguise, these firms exploits the market and promote negative competition which in turn leads to a degradation in the standard of living in a way.
(9)
Gaurika said:
8 years ago
Hi.
MNCs are devil's for sure they don't make any profits for the country. I believe.
Cons of MNCs are:
1. They don't want the countries to improve their economic status but wants that their own benefits should increase.
2. Every MNC has the same mindset, " how is the market of the country to be occupied?".
3. It's not necessary that an MNC will give employment opportunities to the people, it will always try to somehow depress the growth of the country.
Think about it whether correct or not.
Thank you.
MNCs are devil's for sure they don't make any profits for the country. I believe.
Cons of MNCs are:
1. They don't want the countries to improve their economic status but wants that their own benefits should increase.
2. Every MNC has the same mindset, " how is the market of the country to be occupied?".
3. It's not necessary that an MNC will give employment opportunities to the people, it will always try to somehow depress the growth of the country.
Think about it whether correct or not.
Thank you.
(14)
Kannappan said:
1 decade ago
In my personal opinion , many of our indigineous companies have been flushed out of the market due to the arise of MNC. With huge inflow of amount and higher technical expertise,it is like david and goliath. Since the people havent able to withstand the competetion,they have withdrawn. True development is the one which each and every section of people have a share in it. But the advent of mnc's only have widened the gap. If we want to move a step forward, it lies only on the encouragement of indigenous companies.
(6)
Harsh jindal said:
9 years ago
Hello everyone,
In my opinion, I don't think that Multinational corporations are the devil because they are investing in our country which helps in increasing FDI it is beneficial for us as new multinational companies provide new technologies which are not yet in India and let the peoples aware about the new technology. You can think how the India would be if there would be no Apple, Microsoft etc. It will be hard to live without technology and gadgets and there will be no globalization at all.
Thank you :).
In my opinion, I don't think that Multinational corporations are the devil because they are investing in our country which helps in increasing FDI it is beneficial for us as new multinational companies provide new technologies which are not yet in India and let the peoples aware about the new technology. You can think how the India would be if there would be no Apple, Microsoft etc. It will be hard to live without technology and gadgets and there will be no globalization at all.
Thank you :).
(15)
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)
Manvender said:
9 years ago
MNC's are not the devil. They provide the employee with overall development, help industry through technology transfer, help maintain the balance of payments due to increase in exports and helps increase local population income which in turn keeps money flowing and economy growing.
This doesn't mean that they are flawless. They sometimes leads to loss of local companies because of the huge risks MNC's can take but the local competition can't. But overall they are more good than bad for the host country.
This doesn't mean that they are flawless. They sometimes leads to loss of local companies because of the huge risks MNC's can take but the local competition can't. But overall they are more good than bad for the host country.
(8)
Sanjay said:
9 years ago
I would like to share my views on topics -
India's major portion of skilled employees and semi-skilled employees are getting better opportunities in the Top MNC and that is great to say and the other country making us of the situation by paying the 45 % approx pay per head when compared to wage rate at their country and our peoples also don't have a choices due to non-availability of the jobs as per their grades thus it is like a situation we are almost having either eat bread nor butter.
India's major portion of skilled employees and semi-skilled employees are getting better opportunities in the Top MNC and that is great to say and the other country making us of the situation by paying the 45 % approx pay per head when compared to wage rate at their country and our peoples also don't have a choices due to non-availability of the jobs as per their grades thus it is like a situation we are almost having either eat bread nor butter.
(3)
Neha said:
9 years ago
Hello fellows,
As we know that only 75% of Indians are educated and employment options are not many. According to my prospect, MNC's can't be pointed out as devils in disguise. Every coin has two sides. It has positive as well as negative aspects. If they are providing us jobs and services then it is nothing bad if want their own piece of the profit.
But it also increases the duty of the government to take care that MNC's must not violate any laws and employees should be well paid.
As we know that only 75% of Indians are educated and employment options are not many. According to my prospect, MNC's can't be pointed out as devils in disguise. Every coin has two sides. It has positive as well as negative aspects. If they are providing us jobs and services then it is nothing bad if want their own piece of the profit.
But it also increases the duty of the government to take care that MNC's must not violate any laws and employees should be well paid.
(12)
Bonds said:
9 years ago
HELLO,
All MNC's are not same. Global market is a very efficient way of decreasing product rate and also beneficial for increasing quality. Beside country and country product is another concept of marketization. So whoever stands for country product is another employee or manager working to promote his product. Now the world is having enough opportunities to network with each other. It's time to have a world governance and world policing. For the betterment of all the humans.
All MNC's are not same. Global market is a very efficient way of decreasing product rate and also beneficial for increasing quality. Beside country and country product is another concept of marketization. So whoever stands for country product is another employee or manager working to promote his product. Now the world is having enough opportunities to network with each other. It's time to have a world governance and world policing. For the betterment of all the humans.
(8)
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