Multinational companies are becoming increasingly common in developing countries. What are the advantages and disadvantages of this?

1The number of multinational companiesThe multinational type of companies is increasing in the 2developingdeveloped nations. While the advantages of 3such a phenomenonsuch phenomenon are 4economic because these companieseconomical as these companies 5create a large number of jobscreate large number of jobs and invest significant 6capitalcapitals for their operations, the effects on the environment and the over exploitation of natural resources are the disadvantages. The advantages of these companies are 7economiceconomical, and 8one benefit is the creation of jobsone of the benefits is creating job vacancies. Owing to the nature of these companies and their high 9standardsstandard, their operations are carried out under certain standards that 10require a significant number of employeesrequire significant number of employees. As a result, they tend to employ many people from local communities. In addition, 11these firmsthose Firms usually invest 12substantialhuge capital in order to establish their local presence and facilities such as headquarters and accommodation for their staff. For example, IBM, a computer manufacturer, invested 13heavilyhugely in China as part of their plan to establish their manufacturing plants there. On the other hand, one of the disadvantages of these companies 14isare their 15harmfulbad effects on the environment. For those multinational firms, in most cases, 16making a profit takes precedence overmaking profit precedence over any other consideration 17including the environmentincluding the nature and the environment. Their activities usually produce enormous 18amountsamount of toxic chemicals and gases that cause global warming. In addition, in order to meet their large production capacity, they consume the natural resources 19in an unsustainable wayin a sustainable way, 20causing irreversible damage to naturecause irreversible damage to the nature. For instance, 21multinationalmutlinational mining companies seeking marble in the mountains of Italy 22have devastatedhave severely devastated the area and these highlands. To conclude, the benefits of multinational companies are economical as they create job vacancies and invest significant liquidity, whereas the effects on the environment and the exhaustion of natural resources are the disadvantages resulting from such companies.