Question

MNCs promote globalization. Is this a force for good or bad? Discuss.

Answer 1

MNCs promote globalization. Yes, this is a force for good and there is nothing bad in it because

1) The globalization will bring good for each and every part of the globe in one way or the other.

2) It creates exchange of economical products and services among the people of globe.

3) It provides the technological improvement in different parts of the globe and provide development path to the economies.

4) The globalization will allow the people of globe to communicate instantly without any hesitation or disturbance.

5) It provides the work force to gain its optimum value.

6) It improves the political, economic, social and cultural relations among globe people.

Thus, MNCs are the good media towards globalization and development of the various economies of the globe.

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