Multinational firms are a force for progress‟. Discuss Essay

Multinational firms ar a force for progress. Discuss - testify ExampleThat is exactly what we give be discussing in this paper.Let us first see what a MNC really is. According to D. H. Robertsons Multinational corporations are a substitute for the market as a method of organizing international exchange. They are islands of conscious situation in an ocean of unconscious cooperation (Hymer,S. 1994). They are powerful organizations whose power commands most countries and governments. Now my question is that how can that be a wonderful thing, when there is no one to protect you interests. It in layman term message survival of the fittest. But what happens to those who dont have the strength that others have. Well they are doomed. In the long term as well as lilliputian term. So is that a good thing. If you are one of the weak would you be happy about this?In this research paper I am discharge to outline, as stated by Margaret House, the costs MNCs incurs for Developed/Advanced nat ions and Developing/Underdeveloped nation. I am going to outline the implications MNCs has on the world as a whole.First let us look at the terms Developed/Advanced nations and Developing/Underdeveloped nations. Developed countries are those nations having an elevated level of development in regards to GDP, Industrialization, Human development index, etc. In other words countries which are economic super powers like the Japan, get together States in North America, Canada, Australia, New Zealand, most of Europe, etc. (United Nations, 2009).On the other hand developing economiesare nations that posses low levels of material well being. Countries such as Bangladesh, Pakistan, India, Nepal, Mongolia, Zimbabwe, Mexico, etc. (United Nations, 2009).Now moving on to the diverse effects MNCs is bound to have. First let us see what effect MNCs will most definitely have the on jobs in developed economies. As it is well known that the cost of