Impact of Multinational Corporations on Revenue and Sustainability of Businesses in Non-Globalized Countries

Public project summary

There is a problem with the longevity of small businesses following increases in the number and size of multinational corporations. Multinational corporations or “MNCS” often move into a country and significantly decrease prices to acquire customers. They can afford to do this due to their high level of cash flow from other places, whereas small businesses often can't afford to drop prices. After acquiring customers, they often then increase the prices again leaving the consumers with no option but to buy their overpriced goods. This study will use interviews, surveys, and financial statements of revenue, profit, and customer-base sizes for companies to shed light on the hardships and importance of small businesses and the actions we can take to help them.