Multinational companies are becoming increasingly common in developing countries.
What are the advantage and disadvantages of this?
Transnational corporations are opening more and more branches in the poorer nations. Whilst a higher rate of employment for local residents is the main merit for such a trend, difficulties local businesses are facing to compete with these business titans is the main drawback.
When a multinational firm establishes a new branch in one of less developed states, this undoubtedly helps create lots of job opportunities for job seekers in these countries. This means less poverty, less unemployment and more prosperity for this national economy, which can lead to better social stability and citizens' overall satisfaction. According to a recent study conducted by Cairo University, 30 % of Egyptian university graduates, over the last 5 years, have been hired by huge American corporations operating in Egypt, such as Pepsi, Google, Apple and General Electric. Therefore, the benefits of having these establishments working in some of developing countries are obvious.
On the other hand, it is virtually impossible for national industries and local service providers to challenge multinational companies because they have huge budgets, highly qualified employees, and strong links to media. These characteristics make it extremely tough for small national brands to compete with these mega-businesses. The Economist, for instance, has recently conducted a new research study which revealed that in Cairo for each new McDonald or KFC shop sets up, there are consequently 3 to 5 traditional Egyptian restaurants either completely close out or are suffering severe financial issues. This is because a large number of customers are being gravitated towards globally well-known fast food chain.
Having presented the aforementioned merits and demerits for multinational companies, it can be concluded that although these overseas corporations benefit developing countries’ economies by providing many job opportunities, they can result in destroying or at least hindering the progress of some local competitors.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2019-05-23 | Abdelfatah | 11 | view |
| 2019-05-20 | Abdelfatah | 84 | view |
| 2019-05-20 | Abdelfatah | 11 | view |
| 2019-05-20 | Abdelfatah | 11 | view |
| 2019-03-13 | Richa Dhiman | 84 | view |
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Grammar and spelling errors:
Line 5, column 628, Rule ID: LARGE_NUMBER_OF[1]
Message: Specify a number, remove phrase, or simply use 'many' or 'numerous'
Suggestion: many; numerous
...evere financial issues. This is because a large number of customers are being gravitated towards ...
^^^^^^^^^^^^^^^^^
Line 6, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
... globally well-known fast food chain. Having presented the aforementioned meri...
^^^
Transition Words or Phrases used:
consequently, if, so, therefore, well, at least, for instance, such as, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 13.0 13.1623246493 99% => OK
Auxiliary verbs: 3.0 7.85571142285 38% => OK
Conjunction : 10.0 10.4138276553 96% => OK
Relative clauses : 5.0 7.30460921844 68% => More relative clauses wanted.
Pronoun: 17.0 24.0651302605 71% => OK
Preposition: 32.0 41.998997996 76% => OK
Nominalization: 4.0 8.3376753507 48% => More nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 1724.0 1615.20841683 107% => OK
No of words: 299.0 315.596192385 95% => More content wanted.
Chars per words: 5.76588628763 5.12529762239 112% => OK
Fourth root words length: 4.1583189471 4.20363070211 99% => OK
Word Length SD: 3.28419785573 2.80592935109 117% => OK
Unique words: 194.0 176.041082164 110% => OK
Unique words percentage: 0.648829431438 0.561755894193 116% => OK
syllable_count: 539.1 506.74238477 106% => OK
avg_syllables_per_word: 1.8 1.60771543086 112% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 7.0 5.43587174349 129% => OK
Article: 2.0 2.52805611222 79% => OK
Subordination: 1.0 2.10420841683 48% => OK
Conjunction: 1.0 0.809619238477 124% => OK
Preposition: 3.0 4.76152304609 63% => OK
Performance on sentences:
How many sentences: 11.0 16.0721442886 68% => Need more sentences. Double check the format of sentences, make sure there is a space between two sentences, or have enough periods. And also check the lengths of sentences, maybe they are too long.
Sentence length: 27.0 20.2975951904 133% => The Avg. Sentence Length is relatively long.
Sentence length SD: 73.075756005 49.4020404114 148% => OK
Chars per sentence: 156.727272727 106.682146367 147% => OK
Words per sentence: 27.1818181818 20.7667163134 131% => OK
Discourse Markers: 8.09090909091 7.06120827912 115% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 2.0 5.01903807615 40% => OK
Sentences with positive sentiment : 8.0 8.67935871743 92% => OK
Sentences with negative sentiment : 3.0 3.9879759519 75% => OK
Sentences with neutral sentiment: 0.0 3.4128256513 0% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.0983496030607 0.244688304435 40% => OK
Sentence topic coherence: 0.0383547219135 0.084324248473 45% => OK
Sentence topic coherence SD: 0.0430106655931 0.0667982634062 64% => OK
Paragraph topic coherence: 0.0555495620188 0.151304729494 37% => Maybe some paragraphs are off the topic.
Paragraph topic coherence SD: 0.0426972230024 0.056905535591 75% => OK
Essay readability:
automated_readability_index: 19.3 13.0946893788 147% => OK
flesch_reading_ease: 27.15 50.2224549098 54% => Flesch_reading_ease is low.
smog_index: 13.0 7.44779559118 175% => OK
flesch_kincaid_grade: 16.2 11.3001002004 143% => OK
coleman_liau_index: 16.48 12.4159519038 133% => OK
dale_chall_readability_score: 10.63 8.58950901804 124% => OK
difficult_words: 107.0 78.4519038076 136% => OK
linsear_write_formula: 13.0 9.78957915832 133% => OK
gunning_fog: 12.8 10.1190380762 126% => OK
text_standard: 13.0 10.7795591182 121% => OK
What are above readability scores?
---------------------
Rates: 84.2696629213 out of 100
Scores by essay e-grader: 7.5 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.