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Opinion

Band 4+: Many small businesses are being forced to close because they are unable to compete with multinational corporations. What problems does this cause and how can those problems be solved?

Note: Both the topic and the essay were created by one of our users.

Social szacanch expente throughout both the developed and devoloping world have researched that soure smali enterprices are threatened to be chased the to their inability to compete with mault-pational componation. This essay will write about the perceived effects and the potentian Solutions of this problem using examples from the Australian government and Sydney university.

On the one hand, there is ample, powerful and almost deity evidence that numerous effects are related to this issues and among them, orve of the tha prominent effects is worker will lose their job. In addition, another key effects of this Toose could be increased the poverty level. To cite an example, a recent study by the Australian government has depicted that approximately 45%. of the respondent in the sunrey feel that this may nagatively impact overe the cocial, mobility and economic development as a whole due to its complex nature.

Convercely, albeit, it has multifold effects nereretheless it also has some solutions that Cannot be deneid and to commene e with, public awareness would be the best approach to addreess the problem easily and quicly from the society without facing too much hassle.Furthermore, govereniments may allocate a considerable amount of money fisom their büdget so that – necessary in the fires may be taken pacity the – problem. For instance, on extensive Research Carried out by the Suency university illustrated that nearly 35% of the answeres in the study quistionnaire qustion opined that increased taxes for all imports products would be an acceptable way to mitigate the nagative effect of this proble

In essence, from above mentioned study and research although this problem has brought huge effects over the people and society but if some steps are followed by both the governments and individual then this problem is likely to be ameliorated soo

Word Count: 299

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