Small Businesses Are Disappearing And Being Replaced By Large Multinational Companies | Band 8 IELTS Essay Sample

Small businesses are disappearing and being replaced by large multinational companies. Do the advantages of this outweigh the disadvantages?

Here is a band 8 IELTS essay on this topic written by one of our students. Need help with IELTS writing? Get your IELTS essays, letters and reports corrected by me.

Band 8 IELTS essay sample

In this contemporary era, large corporations are replacing small businesses leading to a steady decline in their numbers. I believe that customers benefit more when they buy from large multinational companies and hence the merits of this development outweigh the demerits.

Despite the minimal drawbacks, I believe the advent / arrival of large companies would be advantageous to the average person. Firstly, multi-national shopping companies require large staff for their functioning. This would produce a plethora of jobs for the masses and thus create employment within various sectors of the industry. Secondly, the goods sold by these companies will have to go through a rigorous quality check which will result in quality assured products. To illustrate this, one of my friends recently bought a room heater from a local vendor at a bargain and within a week, the heater developed a problem and he had a tough time getting it replaced.  If he had bought it from a multinational company, he would have received better customer support and better-quality product.

Of course, this development is detrimental for local stores as they are going out of business.  It may also have a negative impact on local producers who mainly sell their products through neighbourhood stores. When these stores close, the small-scale producers often do not have an outlet to sell their wares. Another disadvantage of this development is the increase in the price of many goods. Shopping malls have large overhead costs which are often added to the price of the product. Consequently, many products are more expensive in malls than in small stores. Impact on the environment is another issue. When you buy things online, the excessive amount of packaging they use is an environmental concern.

in conclusion, there are some demerits to large companies replacing small businesses; however, the positives of a quality assured product and the rise in employment opportunities suffice to overpower those downsides.

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Manjusha Nambiar

Hi, I'm Manjusha. This is my blog where I give IELTS preparation tips.