Hi, I am looking for someone to write an article on diverse effects of multinational organizations worldwide Paper must be at least 2250 words. Please, no plagiarized work! The advantages multinational corporations bring to economies, is it worth it. Is it really a win-win situation for all and does it benefit everyone or are these free trade agreements and these MNC’s money-hungry conglomerates that destroy nations and economies at their will. That is exactly what we will be discussing in this paper.
Let us first see what an MNC really is. According to D. H. Robertson’s “Multinational corporations are a substitute for the market as a method of organizing the international exchange. They are islands of conscious power in an ocean of unconscious cooperation” (Hymer, S. 1994). They are powerful organizations whose power commands most countries and governments. Now my question is how can that be a wonderful thing when there is no one to protect your interests. It in layman term means ‘survival of the fittest’. But what happens to those who don’t have the strength that others have. Well, they are doomed. In the long term as well as the short term. So is that a good thing. If you are one of the weak would you be happy about this?
According to Margaret House “Things may be cheaper over the hill, but there is a cost to the community in buying over there, instead of here.” (House, n.a). In this research paper I am going to outline, as stated by Margaret House, the costs MNC’s incurs for Developed/Advanced nations and Developing/Underdeveloped nations. I am going to outline the implications MNC’s have on the world as a whole.
First, let us look at the terms Developed/Advanced nations and Developing/Underdeveloped nations. Developed countries are those nations having an elevated level of development in regards to GDP, Industrialization, Human development index, etc. In other words, countries which are economic superpowers like Japan, the United States in North America, Canada, Australia, New Zealand, most of Europe, etc. (United Nations, 2009).
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