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Multinational corporations: Are they devils in disguise?
For
- Multinational corporations put in so much pressure on the employees to meet up deadlines. They take double the work from the employees for low salary packages.
- They create lot of competition in the domestic markets.
- Many multinational companies require their employees to work as per their time zones which some times create health disorders
- Their main aim is to maximize profits at low cost.
- The money earned by them finally goes out to their mother countries leaving our economy weaker.
- India is a highly populated country. Importing manually produced goods by these countries increase unemployment in our country.
Against
- These corporations bring new technology in the country and thus bring economies of large scale.
- They bring lots of new job opportunities reducing the level of unemployment and variety of products.
- They help in maximizing resource utilization.
- MNCs invest largely in Indian economic sectors making it strong.
- The healthy competition created by them improves the performance of domestic players in the industry.
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Further, this content is not intended to be used for commercial purpose. Technicalsymposium.com is not liable/responsible for any copyright issues.
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