Small businesses are disappearing and being replaced by large multinational companies. Do the advantages of this outweigh the disadvantages?
In this competitive global economy, there has been an increase in the disappearance of small businesses due to the growth of multinational giants. Although there can be no doubt that this phenomenon is beneficial to society to a certain extent, I assert the belief that the disadvantages bear a greater significance.
On the one hand, proponents of the replacement of small corporations with cross-national ones emphasize product quality. Shoppers can get exposed to well-qualified products from different nations and excellent customer service. The multinational business remains competitive in the market by consistently offering quality products. If there are any complaints, they are willing to offer compensation and apologize to the customers, promising to improve their products. For instance, Toyota is one of the leading companies specializing in cars. Years ago, the engine in one product line did not work properly; they recalled all products and repaired them for free. They always try to maximize customer satisfaction in order not to face any potential collapse due to a decrease in their prestige.
On the other hand, despite the above-mentioned virtues of the alternation of business type, there is an ethical issue related to its adverse effects on unemployment. Firms with fewer than 500 employees account for around 44% of the US economic activities, according to a recent report, and they employ almost half of the American workers. This means that if these corporations face financial crisis, they will have to pay in arrears to all their employees, or even worse, a myriad of workers can be made redundant. The nation’s overall economic development and living standards of the general public will be enormously affected. Another point worth considering is that small financial institutions usually provide a personalized shopping experience, while cross-border ones focus on the needs of the majority of the population. Once the small business disappears, the niche market can also vanish and several customers with unique interests and styles cannot find anything that suits them.
In conclusion, while there are some advantages regarding small businesses being alternated by multinational companies, I believe that the drawbacks that result from this practice are of more vital significance. It is recommended that the governments take feasible methods to offer opportunities for businesses with a slight number of workers to develop.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2023-07-19 | pwlihnkt | 89 | view |
| 2022-02-09 | Lê Quỳnh Mai | 92 | view |
| 2021-05-11 | husan shergill | 89 | view |
| 2020-12-30 | Mandeep khokhar | 84 | view |
| 2020-11-27 | Jango Jo | 87 | view |
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Grammar and spelling errors:
Line 5, column 586, Rule ID: GENERAL_XX[1]
Message: Use simply 'public'.
Suggestion: public
...development and living standards of the general public will be enormously affected. Another po...
^^^^^^^^^^^^^^
Transition Words or Phrases used:
also, if, regarding, so, well, while, for instance, in conclusion, no doubt, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 14.0 13.1623246493 106% => OK
Auxiliary verbs: 7.0 7.85571142285 89% => OK
Conjunction : 8.0 10.4138276553 77% => OK
Relative clauses : 8.0 7.30460921844 110% => OK
Pronoun: 28.0 24.0651302605 116% => OK
Preposition: 57.0 41.998997996 136% => OK
Nominalization: 12.0 8.3376753507 144% => OK
Performance on vocabulary words:
No of characters: 2094.0 1615.20841683 130% => OK
No of words: 378.0 315.596192385 120% => OK
Chars per words: 5.53968253968 5.12529762239 108% => OK
Fourth root words length: 4.40933352052 4.20363070211 105% => OK
Word Length SD: 3.17500879243 2.80592935109 113% => OK
Unique words: 226.0 176.041082164 128% => OK
Unique words percentage: 0.597883597884 0.561755894193 106% => OK
syllable_count: 661.5 506.74238477 131% => OK
avg_syllables_per_word: 1.8 1.60771543086 112% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 8.0 5.43587174349 147% => OK
Article: 5.0 2.52805611222 198% => OK
Subordination: 4.0 2.10420841683 190% => OK
Conjunction: 2.0 0.809619238477 247% => Less conjunction wanted as sentence beginning.
Preposition: 6.0 4.76152304609 126% => OK
Performance on sentences:
How many sentences: 17.0 16.0721442886 106% => OK
Sentence length: 22.0 20.2975951904 108% => OK
Sentence length SD: 34.8982703491 49.4020404114 71% => OK
Chars per sentence: 123.176470588 106.682146367 115% => OK
Words per sentence: 22.2352941176 20.7667163134 107% => OK
Discourse Markers: 5.52941176471 7.06120827912 78% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 1.0 5.01903807615 20% => OK
Sentences with positive sentiment : 10.0 8.67935871743 115% => 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: 0.226631979878 0.244688304435 93% => OK
Sentence topic coherence: 0.0639478874212 0.084324248473 76% => OK
Sentence topic coherence SD: 0.0700930831102 0.0667982634062 105% => OK
Paragraph topic coherence: 0.152656284229 0.151304729494 101% => OK
Paragraph topic coherence SD: 0.0732761349332 0.056905535591 129% => OK
Essay readability:
automated_readability_index: 15.8 13.0946893788 121% => OK
flesch_reading_ease: 32.22 50.2224549098 64% => OK
smog_index: 11.2 7.44779559118 150% => OK
flesch_kincaid_grade: 14.2 11.3001002004 126% => OK
coleman_liau_index: 15.15 12.4159519038 122% => OK
dale_chall_readability_score: 9.74 8.58950901804 113% => OK
difficult_words: 120.0 78.4519038076 153% => OK
linsear_write_formula: 11.0 9.78957915832 112% => OK
gunning_fog: 10.8 10.1190380762 107% => OK
text_standard: 11.0 10.7795591182 102% => OK
What are above readability scores?
---------------------
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.