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It depends where are you in your career now. If you're just starting your career, it's good to join a multinational to learn how things work and to gain experience, expertise and skills. Once you start building up those areas, you might find a lot of ceilings to your growth in a multinational and you might want to consider joining a start up or an SME. This will give you more room for growth and effectiveness. Your expertise will be utilized in a larger scale and you will be able to see the results of your efforts faster.
