Answer the following questions in 125-130 Words.
(1) Multinational companies are posing a threat to democracy in the modern era. Explain the statement.
(2) Write a note on SAARC.
Answers
Answer:
Multinational companies are posing a threat to democracy in the modern era, because as there are several branches of the companies all over the world, and there are many employees who are brought from other nations in some other countries. This causes an impact on the employment rate of the citizens of the country in which the company is operating.
Explanation:
A company is providing services to the people of a nation and earning profit out of there and, there are employees who belong to other nations are earning from there, this causes a grudge among the citizens of the country, which restricts the company from operating its work by maintaining democracy.
1) Explanation to the statement, “Multinational companies are posing a threat to democracy in the modern era.”
Today big multinational companies lack social responsibility and ethics. Their sole aim is to maximize profits. And they are ready to go to any extent to increase their revenue. The pay bribes to the politicians and government employees and try controlling the government. Thus the explanation, “Multinational companies are posing a threat to democracy in the Modern Era” is justified.
2) A note on SAARC
"The South Asian Association for Regional Cooperation abbreviated as SAARC is the regional intergovernmental group and geopolitical union of countries in South Asia. There are official meetings and forums planed between the member states on a fixed time interval and these help in better understanding and maintaining of good relationships between the member countries.”
The following countries are the members of SAARC
o Afghanistan
o Bangladesh
o Bhutan
o India
o The Maldives
o Nepal
o Pakistan
o Sri Lanka