The trend of Branded products is more popular in some countries. Multinational companies making progress day by day in some lands.
Due to this, Misuse of branded names is the most common cause of damaging quality of life. I believe, it is true to some degree. However, Benefits of Multinational companies are more than the disadvantages.
Misuse of brand name is the leading cause of destroying the quality of life. Example, Some companies make a few products by using low quality of ingredient and they pack the drug in the same way as multinational company pack and label it. They copy the multinational company product. It’s not an original drug its a fake drug, it is the copy of the original, but its efficacy and potency lower than original. Citizenry buy it at the same price that the original one.The second main issue is placed, Multinational companies occupy many spaces of the country. That space can be used by native people of that country, but it is occupied by multinational companies.
On the other hand, it has many benefits like due to multinational companies imported and expensive drugs are manufacture on that country. They save lives of many human beings. In the past, the diseases which were not treated in that country, people need to go abroad for treatment. Now, due to multinational companies, the treatments of these diseases are possible in that country. Multinational companies also solve employment problems. They give jobs to many multitudes of that country who are jobless.
In conclusion, Everything has its bad and good impact, Therefore, The advantages of multinational company overweigh the disadvantages of it.It resolve the unemployment problem, to treat complex diseases in own country.
Band 7
Very good!