Multinational companies are becoming increasingly common in developing countries.
What are the advantage and disadvantages of this?
Globalization has increased the connectivity among countries facilitating ease of trade. This has resulted in multinational firms setting up their offices in third world countries. This essay will analyze the advantages and disadvantages of this trend. Following this look, a reasoned conclusion will be shared.
On the one hand, international firms help poor countries not only in uplifting their economy by proving jobs for their citizens but also bring latest technology to these less advanced countries, which otherwise is difficult. Take the example of India, where Google opened 50 development centers all over the country providing 25,000 highly specialized tech jobs in areas like Computer science and Artificial Intelligence, areas in which India was lagging behind. In addition, this also opens doors to different cultures from around the world, which can help broaden an individuals perspective. For example, most of these companies are surrounded by international food chains and shopping malls wherein people can experience international foods and watch international movies and understand their cultures. Thus, it is clear that this trend certainly has some undeniable benefits.
However, despite these merits, there are also some drawbacks to having multinational companies in backward countries. To name one, it acts as a hindrance to the growth of local small companies and startups who do not have as much funds to spare as the international firms. For instance, in my city Hyderabad, which is considered to be a hub of multinational companies, it is very challenging for startups to survive because the standard market salary has been raised so high due to the prevalence of these firms that it is too expensive for small local companies to hire talented employees. From this it becomes quite evident that in some regions this trend can have unwanted consequences.
Finally, increasing number of international firms in third world countries can definitely improve their economy and as well as make them more technologically advanced. The advantages revealed in the above essay are more beneficial for my country, India, and I thus want this trend to continue. Developing countries around the world should weigh in the merits and demerits that this brings to them before making any decision.
Grammar and spelling errors:
Line 4, column 138, Rule ID: THE_SUPERLATIVE[2]
Message: A determiner is probably missing here: 'bring the latest'.
Suggestion: bring the latest
...roving jobs for their citizens but also bring latest technology to these less advanced count...
^^^^^^^^^^^^
Line 4, column 570, Rule ID: POSSESIVE_APOSTROPHE[2]
Message: Possible typo: apostrophe is missing. Did you mean 'individuals'' or 'individual's'?
Suggestion: individuals'; individual's
...nd the world, which can help broaden an individuals perspective. For example, most of these...
^^^^^^^^^^^
Line 7, column 226, Rule ID: MUCH_COUNTABLE[1]
Message: Use 'many' with countable nouns.
Suggestion: many
...mpanies and startups who do not have as much funds to spare as the international fir...
^^^^
Line 9, column 265, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ficial for my country, India, and I thus want this trend to continue. Developing ...
^^
Transition Words or Phrases used:
also, but, finally, however, if, look, so, third, thus, well, for example, for instance, in addition, as well as
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 12.0 13.1623246493 91% => OK
Auxiliary verbs: 7.0 7.85571142285 89% => OK
Conjunction : 10.0 10.4138276553 96% => OK
Relative clauses : 10.0 7.30460921844 137% => OK
Pronoun: 33.0 24.0651302605 137% => Less pronouns wanted
Preposition: 47.0 41.998997996 112% => OK
Nominalization: 9.0 8.3376753507 108% => OK
Performance on vocabulary words:
No of characters: 1963.0 1615.20841683 122% => OK
No of words: 360.0 315.596192385 114% => OK
Chars per words: 5.45277777778 5.12529762239 106% => OK
Fourth root words length: 4.35587717469 4.20363070211 104% => OK
Word Length SD: 3.00877189786 2.80592935109 107% => OK
Unique words: 215.0 176.041082164 122% => OK
Unique words percentage: 0.597222222222 0.561755894193 106% => OK
syllable_count: 604.8 506.74238477 119% => OK
avg_syllables_per_word: 1.7 1.60771543086 106% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 6.0 5.43587174349 110% => OK
Article: 2.0 2.52805611222 79% => OK
Subordination: 0.0 2.10420841683 0% => More adverbial clause wanted.
Conjunction: 1.0 0.809619238477 124% => OK
Preposition: 6.0 4.76152304609 126% => OK
Performance on sentences:
How many sentences: 16.0 16.0721442886 100% => OK
Sentence length: 22.0 20.2975951904 108% => OK
Sentence length SD: 69.533714844 49.4020404114 141% => OK
Chars per sentence: 122.6875 106.682146367 115% => OK
Words per sentence: 22.5 20.7667163134 108% => OK
Discourse Markers: 7.0 7.06120827912 99% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 4.0 5.01903807615 80% => OK
Sentences with positive sentiment : 9.0 8.67935871743 104% => OK
Sentences with negative sentiment : 5.0 3.9879759519 125% => OK
Sentences with neutral sentiment: 2.0 3.4128256513 59% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.233952319918 0.244688304435 96% => OK
Sentence topic coherence: 0.0801864088854 0.084324248473 95% => OK
Sentence topic coherence SD: 0.0605433837856 0.0667982634062 91% => OK
Paragraph topic coherence: 0.14826363218 0.151304729494 98% => OK
Paragraph topic coherence SD: 0.070581586142 0.056905535591 124% => OK
Essay readability:
automated_readability_index: 15.5 13.0946893788 118% => OK
flesch_reading_ease: 40.69 50.2224549098 81% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 13.1 11.3001002004 116% => OK
coleman_liau_index: 14.63 12.4159519038 118% => OK
dale_chall_readability_score: 8.89 8.58950901804 103% => OK
difficult_words: 95.0 78.4519038076 121% => OK
linsear_write_formula: 9.0 9.78957915832 92% => OK
gunning_fog: 10.8 10.1190380762 107% => OK
text_standard: 9.0 10.7795591182 83% => OK
What are above readability scores?
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Rates: 89.8876404494 out of 100
Scores by essay e-grader: 8.0 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.