Some people argue that countries should encourage foreign companies to establish in their country but some people believe that encouragement should give to local companies to grow up.This essay argues government should enhance their support for foreign companies rather than for local businesses towards their development.
One hand local employers can get international standard experience by working under qualified, experienced foreign management. For instance, local graduates can get better experience from manufacturing companies with advanced technology and good manufacturing practices. In addition to that, specialy for third world countries can improve the infrastructure of the areas around the company is situated at. As an example, usually roads are developing around the company for a better transportation of finish goods and raw materials of a particular manufacturing plant.Furthermore foreigners’ positive impression causes to implement more plants and open many job opportunities to the unrecruited talented people.
On the other hand, giving governemnt hand for local bussiness helps local euntreponors to become more success and causing to open pathways to bring more dollars to the country. But without international new experience, knowledge and technology local companies fail to battle with global competitors and expand their market. Because the world market has become evolved with modern technologies like artificial inteligence and machine learning.
In conclusion, opening many foreign companies helps to the economicaly development of the country in different direct and indirect manners than supports only for native companies for their establishment inside the country. Because I believe knowledge is power than anyother.