The growth of multinational companies and the resulting rise of globalization creates positive effects for all. To what extent do you agree or disagree?
In this age of change, people are witnessing the proliferation of businesses operating in many different countries at the same time and the resulting rise of worldwide integration. From my perspective, this phenomenon is beneficial to both individuals and society on different levels.
There are various compelling reasons why globalization and multinational enterprises have a host of advantages. First and foremost, multinational companies have a tremendous bearing on the economy of labor-rich and capital-scarce countries. This can be explained by the fact that when a developed country’s corporation establishes small branches in a developing nation such as Viet Nam, low-skilled workers here will be provided with a variety of job opportunities. As a result, this can significantly reduce the unemployment rate in economically disadvantaged countries and therefore lead to the sustainable economic growth of those countries. Secondly, multinational businesses can act as a springboard for the increase in trade activities. Thanks to globalization, multinational business owners nowadays can easily get access to a bigger market. In turn, customers are able to access more goods and services as well as have a wider range of choices, which means that people can not only buy products in their native country but also purchase foreign commodities. Therefore, individuals can enhance their living standards to some extent.
Despite the aforementioned merits, multinational companies in a globalized society are not without certain dire environmental impacts in several countries. Specifically, when multinational firms establish factories and plants in developing countries where they have weak environmental protections, they may overexploit the fossil fuel resources such as coal and gas in local nations. In addition, they may release a huge amount of carbon dioxide into the atmosphere while generating products, which is often billed as the driving factor behind air pollution and other environmental issues. But closer examination would reveal that this problem could be solved by several effective solutions. For example, the policymakers of developing countries can enforce rigorous laws about environmental security or launch green campaigns. Besides, multinational companies can take the initiative to adopt green renewable alternatives to reduce traditional finite sources of energy. By doing that the local nations’ environment can be protected. Through this, it seems that globalization and multinational companies do not do our environment a disservice if business owners have good strategies.
In conclusion, in light of the above factors, although multinational firms may affect the local countries’ environment negatively, I firmly believe that multinational businesses and globalization have a number of benefits for the whole society and each individual, especially people who are unemployed.
Post date | Users | Rates | Link to Content |
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2021-05-07 | vungochuyen25 | 89 | view |
2021-05-07 | vungochuyen25 | 89 | view |
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Grammar and spelling errors:
Line 1, column 91, Rule ID: NUMEROUS_DIFFERENT[1]
Message: Use simply 'many'.
Suggestion: many
...roliferation of businesses operating in many different countries at the same time and the resu...
^^^^^^^^^^^^^^
Line 2, column 478, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...riety of job opportunities. As a result, this can significantly reduce the unempl...
^^
Line 4, column 131, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...local countries’ environment negatively, I firmly believe that multinational busi...
^^
Transition Words or Phrases used:
also, besides, but, first, if, may, second, secondly, so, therefore, well, while, for example, in addition, in conclusion, such as, as a result, as well as
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 11.0 13.1623246493 84% => OK
Auxiliary verbs: 15.0 7.85571142285 191% => OK
Conjunction : 16.0 10.4138276553 154% => OK
Relative clauses : 12.0 7.30460921844 164% => OK
Pronoun: 22.0 24.0651302605 91% => OK
Preposition: 50.0 41.998997996 119% => OK
Nominalization: 15.0 8.3376753507 180% => OK
Performance on vocabulary words:
No of characters: 2502.0 1615.20841683 155% => OK
No of words: 424.0 315.596192385 134% => OK
Chars per words: 5.90094339623 5.12529762239 115% => OK
Fourth root words length: 4.53775939005 4.20363070211 108% => OK
Word Length SD: 3.46481770518 2.80592935109 123% => OK
Unique words: 255.0 176.041082164 145% => OK
Unique words percentage: 0.60141509434 0.561755894193 107% => OK
syllable_count: 800.1 506.74238477 158% => OK
avg_syllables_per_word: 1.9 1.60771543086 118% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 7.0 5.43587174349 129% => OK
Article: 1.0 2.52805611222 40% => OK
Subordination: 3.0 2.10420841683 143% => OK
Conjunction: 1.0 0.809619238477 124% => OK
Preposition: 9.0 4.76152304609 189% => OK
Performance on sentences:
How many sentences: 19.0 16.0721442886 118% => OK
Sentence length: 22.0 20.2975951904 108% => OK
Sentence length SD: 60.6127072239 49.4020404114 123% => OK
Chars per sentence: 131.684210526 106.682146367 123% => OK
Words per sentence: 22.3157894737 20.7667163134 107% => OK
Discourse Markers: 8.15789473684 7.06120827912 116% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 3.0 5.01903807615 60% => OK
Sentences with positive sentiment : 14.0 8.67935871743 161% => OK
Sentences with negative sentiment : 2.0 3.9879759519 50% => More negative sentences wanted.
Sentences with neutral sentiment: 3.0 3.4128256513 88% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.168813289979 0.244688304435 69% => OK
Sentence topic coherence: 0.053900100123 0.084324248473 64% => OK
Sentence topic coherence SD: 0.0425968248878 0.0667982634062 64% => OK
Paragraph topic coherence: 0.0949126958464 0.151304729494 63% => OK
Paragraph topic coherence SD: 0.0343474322071 0.056905535591 60% => OK
Essay readability:
automated_readability_index: 17.5 13.0946893788 134% => OK
flesch_reading_ease: 23.77 50.2224549098 47% => Flesch_reading_ease is low.
smog_index: 13.0 7.44779559118 175% => OK
flesch_kincaid_grade: 15.4 11.3001002004 136% => OK
coleman_liau_index: 17.24 12.4159519038 139% => OK
dale_chall_readability_score: 9.9 8.58950901804 115% => OK
difficult_words: 139.0 78.4519038076 177% => OK
linsear_write_formula: 13.5 9.78957915832 138% => OK
gunning_fog: 10.8 10.1190380762 107% => OK
text_standard: 18.0 10.7795591182 167% => OK
What are above readability scores?
---------------------
Rates: 89.8876404494 out of 100
Scores by essay e-grader: 8.0 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.