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Hello students, here is a question.
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Multinational company establish themselves in developing countries to enjoy huge profit by selling consumer goods or luxury items.
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They start their business by offering a wide varieties of goods as a price cheaper than a local retail offers.
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But once they establish, they increase the price.
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So the question is state the value of government of depending countries ignores while allowing mnc to establish their country.
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So this is our question.
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So let us start substituting this.
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So first is economic equity.
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So by allowing mnc to establish themselves in their country, the government may be ignoring the principle of economic equity.
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Local business and retailers may struggle to complete with low price initially offered by mnc leading to job losses and reduce income for local entrepreneurs.
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And the second is cultural prevention, cultural preservation.
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So mnc offering being with themselves that culture values and practices that may not align with those of a host country by allowing mnc to establish themselves.
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The government may be ignoring the importance of preserving and promoting local cultures and traditions.
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And the third thing is environmental sustainability...