Jobs Galore! When MNCs set up in a new country, they often hire locals. So, more jobs for the people! 🙌

🍔 Real-world example: When McDonald's opens a new outlet in Tokyo, they'll hire local Japanese staff, not fly in workers from the US!

Transfer of Skills: MNCs bring new technologies and business practices. So, local employees learn cool new skills. 🎓

📱 Real-world example: When Apple opened stores in China, they trained the staff on advanced customer service skills and tech knowledge.

Economic Boost: MNCs can bring a lot of money into a country, boosting its economy. 💵

💄 Real-world example: When L'Oréal sets up a factory in India, they buy local resources, pay local taxes, and increase the country's overall income!

Local Business Struggle: Small local businesses can find it hard to compete with these giants. 🥺

🍞 Real-world example: A local bakery might struggle if Starbucks, with its global branding and marketing power, sets up next door.

Cultural Concerns: Sometimes MNCs might not respect local cultures, leading to misunderstandings or even offenses. 😓

🍟 Real-world example: Remember when McDonald's introduced a beef burger in India, a predominantly Hindu country where cows are sacred? Oops!

Resource Drain: MNCs might use up valuable local resources without giving enough back. 🌲

🚗 Real-world example: If Tesla were to mine lithium for its batteries in Bolivia but didn't invest much back into the local community, it could lead to resource and community issues.