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A Few Large Organisations Have a Large Range of Products, Causing Small and Local Businesses to Shut Down - IELTS Essay


A Few Large Organisations Have a Large Range of Products, Causing Small and Local Businesses to Shut Down - IELTS Band 9 Essay


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Model Essay 1

The dominance of large corporations in marketplaces worldwide has led to significant challenges for small and local businesses, often resulting in their closure. It is argued that governments should impose strict regulations on the product range of these conglomerates to protect smaller entities. I firmly believe that while regulatory measures are necessary, they should be balanced to foster both competition and innovation.


Firstly, the unchecked expansion of large companies often stifles small business operations due to their extensive resources and capacity to undercut prices. For instance, when a major supermarket chain opens in a small town, local grocers and specialty shops struggle to compete with the lower prices and broader product range. By regulating the types of products large corporations can sell, governments could create niches where small businesses can thrive. This not only preserves local economies but also promotes diversity in the marketplace, encouraging consumers to access unique and locally crafted products. Such regulations help maintain a balance in the economy, ensuring that growth benefits a wider spectrum of the community rather than just a few dominant players.


Moreover, without regulatory guardrails, large corporations can monopolize markets, which diminishes consumer choice and may stifle innovation. For example, in the technology sector, a few companies dominate the market, often acquiring startups before they become competitive threats. If governments were to limit the scope of services large tech companies could offer, it would allow smaller tech firms to mature and innovate independently, thereby contributing novel ideas and technologies to the industry. This regulatory approach not only supports small businesses but also ensures a dynamic and competitive market landscape. Limiting the dominance of large companies can prevent market stagnation and promote a continuous influx of fresh ideas and advancements, essential for long-term economic vitality.


In conclusion, while it is crucial to safeguard small and local businesses from the overwhelming power of large corporations, government interventions should be judiciously applied to nurture an environment of fair competition and innovation. By implementing targeted regulations on the product offerings of large firms, not only can we protect smaller businesses, but we can also ensure a healthier economy with robust consumer choices and innovative market solutions.


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Model Essay 2

The pervasive dominance of multinational corporations in today's markets often leads to the marginalization of smaller local enterprises, which struggle to survive amidst vast corporate networks. I staunchly advocate for government intervention to regulate the offerings of these large entities to preserve small businesses. This control is not only essential for maintaining economic diversity but also for ensuring the survival of local economies.


To begin with, large companies often use their scale to offer a wide variety of products at lower prices, which local businesses simply cannot match. This practice can lead to a monopoly-like situation where major corporations dominate the market, pushing out smaller competitors. For example, large retail chains often sell products from groceries to clothing under one roof, making it convenient for consumers to choose them over small, niche shops that specialize in one type of product. If governments were to restrict these corporations from selling certain product lines, it would allow local businesses to flourish in those areas, thereby sustaining local industries and preserving regional characteristics.


Furthermore, government intervention in controlling corporate product ranges would encourage fair competition and foster innovation within local markets. When small businesses thrive, they not only contribute to the economy through diversity of products and services but also drive innovation by finding unique solutions to niche market demands. For instance, local crafts and artisanal products, which are often overshadowed by generic corporate goods, could gain a stronger foothold in the market if large corporations were restricted in certain categories. This would not only boost local entrepreneurship but also provide consumers with unique choices that reflect local tastes and traditions.


In conclusion, the regulation of product offerings by large corporations is imperative to protect and promote small businesses. By implementing strategic controls, governments can ensure a vibrant market characterized by diverse and innovative offerings that benefit both consumers and the economy at large.


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Model Essay 3

The proliferation of large corporations offering a wide range of products is often viewed as detrimental to small and local businesses, prompting some to advocate for stringent governmental control over these large entities. However, I firmly disagree with this perspective, believing instead that such interventions could stifle economic growth and innovation without necessarily benefiting smaller enterprises.


Initially, it is important to recognize that the vast resources and efficiencies of large corporations allow them to produce goods and services at a lower cost, which can lead to more affordable prices for consumers. Restricting these companies from diversifying their offerings would not only limit consumer choice but also potentially increase prices. For instance, by offering a wide array of products, from electronics to groceries, major retail chains can reduce the costs associated with purchasing from multiple different outlets, passing these savings on to the customer. This economic benefit could be lost if restrictions were imposed, ultimately harming the consumer by making shopping less convenient and more expensive.


Additionally, the presence of large corporations can actually stimulate local economies by driving competition, leading to better quality products and services. When large and small businesses compete, they push each other to innovate and improve. Small businesses, in particular, can carve out niche markets by offering unique products and personalized services that large corporations cannot provide. For example, artisanal coffee shops often thrive alongside major chains by offering unique blends and experiences that appeal to different customer segments. This shows that market diversity can be maintained through competition rather than restrictive regulations.


In conclusion, rather than imposing strict controls on the product offerings of large corporations, we should foster an environment that encourages all businesses to innovate and excel. This approach not only preserves consumer choice but also supports the health and diversity of the overall economy. Such competition is essential for driving progress and offering consumers the best possible array of goods and services.


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