9 Major Pros and Cons of Multinational Corporations.doc

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9 Major Pros and Cons of Multinational Corporations Multinational corporations are often looked at as a great asset to their host countries. Multinational corporations offer advantages but they also bring with them some disadvantages. These large corporations are often found in developing countries which can help to improve the standard of living. There are plenty of critics and proponents of multinational corporations that all seem to have valid points. It can be hard to determine whether these type of corporations are a hinderance to progress or if they are progress. The debate rages on with each side promoting their own agendas. The critics call for stricter rules and regulations governing these large corporate entities while the proponents seek less restrictions. The right answer is likely somewhere down the middle. There are very valid points on both sides of the aisle like: Multinational corporations typically improve infrastructure in developing countries. Multinational corporations do not pay fair wages in developing countries. Multinational corporations bring opportunities to countries that normally would not have these types of opportunities. The list of pros and cons below can help you to decide whether multinational corporations are something you can support. List of Pros of Multinational Corporations 1. Multinational Corporations Create Jobs. There is no denying that these large corporations that span the globe bring jobs to areas that would not necessarily have employment opportunities. The influx of foreign currencies into (especially) third world countries can help to speed up the development process. 2. Cost Effectiveness. Multinational corporations are able to keep consumer end costs down by utilizing labor in areas of the world where the low cost of living does not require a high wage for production. By keeping production costs down many industries benefit.
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