Multinational corporations: Are they devils in disguise?

nice

mcvv 12-11-2023

they pay 8 cents an hour. and often fail to deliver even that...

bill 05-13-2021

There is something wrong in the MNC that needs a real study from people around the world. Too many things are not clear enough and it is not clear to everyone how the MNC without corruption need to work. Actually, I don''t even know if there is an MNC without corruption these days or if the MNC is the real devil. All I know is that I was a witness of an MNC that shut down every business outlet of its franchise system. It was and MNC selling electronics, like watches, calculators and things to bring at school. I don''t recall all of the articles. I was in Canada at that time and I did ask the owner why he was shutting it down. He said "I am doing good profit and they force me to shut down because the head office is shutting down". I was very surprised. I don''t understand the real reasons why a franchise shuts down a store when doing good and all I can think about is this: if there is mafia they shut it down. This is only my theory. How would anyone know if there is mafia. I assume that the owners of too many franchise stores are selling products with brand names that a franchise system does not want. In this case it could be Seiko, Sony, Panasonic, etcetera. In a food based franchise system it can be Nutella, Italian salami, prosciutto, mortadella, pasta and things of this kind. My own idea of a franchise system without corruption was that a franchise does not want to sell anything meant to be sold into small stores because it attracts mafia and it brings, probably, counterfeit products into the brand names. I did notice that a food based franchise system, a grocery store, sells very different things in Italy that were not sold in Canada because here in Italy you find easily Italian products of well known brand name. Amazon is also selling italian food and many other MNCs did introduce italian brand names or high quality electronic products that are meant only for the professional sector and that were usually sold in small stores. If my theory is true this big corporations are all set to their own destruction because they are stealing jobs from the small business and probably keeping mafia connections. My theory is supported by the fact that when a franchise name does something wrong they begin to brake rules: renting a space to another business (i.e. McDonalds selling italian pizza); replacing logo color and design, replacing forniture or style with a different style; charging for Ketchup or Majo when other outlets don''t. Those are all signs of mafia sneaking into the franchise system and turning it into the devil. The devil exploits those who supply the product, it enslaves them by purchasing merchandise at a very low cost that is impossible to make money with; by removing the suppliers from the list if they do not obey their request and by organizing with the working word to destroy economically someone that does not comply with their request.

Roberto Stasi 11-13-2017

Well I must say that they are not devils in disguise from my perspective. If a country want to get developed it requires FDI and for that we want MNC to enter our country. I know there are lot of criticisms regarding such but it has more of advantages than disadvantages.
° MNCs bring advanced technologies alongwith themselves which we Indians never ever think in our life.
° It generates lot of employment opportunities and it lead to fall in unemployment rate of our country.
° It generates huge amount of revenue which we can use it in expanding our business in other countries in which we are superior to others.
°MNCs provide same product at cheap price as compared to our market and even of good quality.

Vikas Pasricha 01-22-2014

MNC also called as Multinational corporation are not purely devil but they are surely not good for the country. As, more and more corporations are coming it looks like they are heading to rule any country they are in. They use us and get profits from our resources. They use our mind and talent to develop themselves and sustain in the corporate world. MNCs provide job to the people to promote their own product to the country they are in. MNCs are the root of all the cause of distress and unstability in the country, because of them rich are getting more richer and poor are getting more poor.

Hemant Sharma 01-9-2012

Yes. They are so enormous in size that small producers and small businessman are suppressed beneath its size and they take away the job opportunities and India in the global market becomes mere a provider of the man workforce. They also have an influence on state policies, they arm with states making rules and regulation that suit them. MNC’s are the biggest propagators of neo-colonization.

Hemant Sharma 01-8-2012