Let's write an IELTS essay #3 --In most countries multinational companies and their products are becoming more and more important. This trend is seriously damaging our quality of life.-- With the advent of globalization, many multinational companies aim to reach every single consumer on the planet. However, the adverse effects of that trend have recently sparked some heated controversy. While some analysts argue that as multinational companies spread throughout the world, our quality of life gets better, some claim that disastrous consequences of that trend outweigh the benefits. In this essay, I will argue that operations of the multicultural companies should be regulated by authorities to minimize the damages on our quality of life, only that way they can serve humanity. To begin with, many large-scale multinational companies contribute to humanity’s social and economic development. This is largely because, those companies create job opportunities in various parts of the world, whereby they decrease the unemployment levels in countless countries. For example, in my country, Turkey, a good number of multinational companies conduct operations. Those companies generally offer higher wages and better working conditions compared to the local ones. It is therefore clear that, multinational companies increase the quality of life of a percentage of employees. On the other hand, local businesses suffer from financial losses as multinational companies target their customers. Reason for this is that cost of services and goods are lower for large scale companies. As a result small to mid-scale businesses cannot compete with them. For instance, a popular multinational restaurant chain, McDonalds threw a considerable number of local restaurants out of the competition in numerous countries. Thus, it is safe to claim that multinational countries destroy not only the local businesses, but also the local cultures. To conclude, in some ways multinational companies damage the quality of life of the society, however, in other ways they create opportunities for local peoples. It is obvious that, a clear-cut answer to the question whether the harmful effects of multinational companies on our quality of life outweigh the benefits require a quantitative sociological research, which is beyond the scope of this essay. Nevertheless, to minimize the damages, governmental and intergovernmental authorities should intervene with the operations of multinational companies in order to protect the competition.