Critically discuss the extent to which multinational corporations can be viewed as a positive source of employment and foreign direct investment for less economically developed countries.
Critically discuss the extent to which multinational corporations can be viewed as a positive source of employment and foreign direct investment for less economically developed countries.
Word Count: 2516
Do multinational corporations really have a positive impact on less economically developed countries? I will be investigating this through analysing a range of sources which will enable me to come to a final conclusion on the question above. The key points throughout will be how multinational corporations provide a source of employment for locals along with other benefits such as infrastructure upgrading and employee training which offers vital skills and provides a lasting legacy. The benefits of multinational corporations will be balanced with the negatives associated with multinational corporations in less economically developed countries such as destroying local businesses and environmental pollution of the area. All these points will be discussed, analysed and concluded to create a comprehensive investigation.
The key words within the question are critically, multinational corporations and foreign direct investment. Critically is defined as “a tendency to find and call attention to errors and flaws” [Encarta Dictionary]. In relation to this essay it will mean I will have to give a balanced discussion of both the positives and negatives of multinational corporations. Multinational corporations are “A corporation that has its facilities and other assets in at least one country other than its home country” (Encarta Dictionary). Examples of multinational corporations include Nike, McDonalds and Ford cars who operate in several countries across the world. The final key word is foreign direct investment which means the following, “an investment made by a foreign person or organization in a particular country” (Encarta Dictionary). For example, if a multinational corporation such as Nike invested in improving the infrastructure in a less economically developed
Word Count: 2516
Do multinational corporations really have a positive impact on less economically developed countries? I will be investigating this through analysing a range of sources which will enable me to come to a final conclusion on the question above. The key points throughout will be how multinational corporations provide a source of employment for locals along with other benefits such as infrastructure upgrading and employee training which offers vital skills and provides a lasting legacy. The benefits of multinational corporations will be balanced with the negatives associated with multinational corporations in less economically developed countries such as destroying local businesses and environmental pollution of the area. All these points will be discussed, analysed and concluded to create a comprehensive investigation.
The key words within the question are critically, multinational corporations and foreign direct investment. Critically is defined as “a tendency to find and call attention to errors and flaws” [Encarta Dictionary]. In relation to this essay it will mean I will have to give a balanced discussion of both the positives and negatives of multinational corporations. Multinational corporations are “A corporation that has its facilities and other assets in at least one country other than its home country” (Encarta Dictionary). Examples of multinational corporations include Nike, McDonalds and Ford cars who operate in several countries across the world. The final key word is foreign direct investment which means the following, “an investment made by a foreign person or organization in a particular country” (Encarta Dictionary). For example, if a multinational corporation such as Nike invested in improving the infrastructure in a less economically developed
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