Multi National Companies- Boon or bane of globalization PowerPoint Presentation

Multi National Companies- Boon or bane of globalization - PowerPoint Presentation ExampleOn nonpareil pay poverty remains as it is and on the former(a) global corporate giants make their counselling commercially into poor nations. The second and third pictures show the outcome of Vogue photo shoot in India where the luxury brands are put on the poor people on the streets of New Delhi who perhaps contact to arrange for two square meals a day. The concept behind the advertisement is that the expensive fashion brands capacity wish to make this section of people their customers some day. This would be a far-fetched idea to come certain and more than that it is ethically incorrect to put such contrasting scenarios in the photos. The photos also capture the hear at forced westernization in the fashion industry. This is not only concerning the textiles segment but also other industries like sports and machineries. A burning question thus emerges whether multi-national corporations th at is to globalization as white pigeon to peace is a largess or curse to the world? In what ways MNCs have affected globalization? The multi-national corporations power be considered as the harbinger of globalization. A multi-national corporation is a firm that has its assets spread over umteen other countries along with its surface area of origin. In terms of the size these firms are huge and some of them has overthrow that major power overshadow the GDP of a developing or less genuine country. Ironically overmuch like its parental body globalization multi-national corporations are surrounded with much debate. In what ways do MNCs affect national governments? The classical and new classical economists consider globalization as a boon to society and votes against government intervention. As multi-national corporations are the direct product of globalization that consider the world as a borderless playing field and strongly depend on market force accordingly an confirming brave towards multi-national corporations can be drawn from the classical and neo classical economists. On the other hand the radical economists from Marxist clan always referred globalization and free market mechanism biased towards the haves and hence for a just social allotment supported government intervention. Little or no support can be found from the Marxist and Keynesians regarding multi-national corporations. If a national government becomes heavily dependent upon the FDI because inefficiency might creep up into its revenue accumulation system. All its development expenditure might thus become dependent on FDI and if the MNC decides not to invest in the concerned nation all might collapse rapidly. Again at the worst a nexus of bribery might form mingled with the government official and the multi national corporation that will again result in inefficient allocation of resources. As many MNCs have higher level of revenue than the GDP of developing and less developed count ries hence if it withdraws its fund invested in a country and other MNCs follow suit then in no time it will bring a catastrophe to the concerned countryi. What are some of the possible positive consequences of this rising power of MNCs? The arguments favoring multi-national corporation stresses on its huge capital power that a country may take advantage if that multi-national corporation invest in that country. This is especially important if that country belongs to the developing or less developed clan. Since unemployment is a huge problem in those countries, hence fresh investments by the multi-national