Assess The Benefits Of Globalization

INTRODUCTION TO GLOBALISATION
Globalisation is the movement of goods and services, money, people and information allowing different societies, cultures and economies to integrate. Globalisation greatly influences the environment, culture, political and economical development and human welfare. Although not a relatively new phenomenon, globalisation has enhanced dramatically over the last 50 years through improvements in technology transportation, communication and trade. Dramatic developments in ICT and the enabling of transnational corporations (TNCs) by political policies have increased the pace of globalisation. We have had advancements in transportation, the introduction of the internet and world trade agreements and the demand for a larger
Supporters argue that the benefits out weigh the concerns of those who do not support it. TNCs bring wealth and foreign investment to the local economy by providing new jobs and training, buying homegrown products and services and as a result raising the standard of living in poorer countries. Also, globalisation allows easy access to raw material and cheap labour (global sourcing), enabling firms to be ‘cost competitive’ throughout markets globally. This can generate heightened revenues for shareholders. Alternatively, detractors argue that globalisation is a threat to cultural diversity, and that benefits are highly imbalanced towards wealthier nations. It is feared that the westernisation of beautiful and distinct cultures, leads to generic products, a lack of diverse services and unique experiences. In addition, the richest countries continue to ‘dominate world trade’, create barriers to entry, and exploit cheaper labour markets to the detriment of developing nations. The process of globalisation continues to grow and influence global change, however, we must insist on ‘active global citizenship’ to
From the time they decided to commit to the obligation being a global citizen, they have impacted society today. In 2015, 99% of Starbucks’ coffee was ethically ‘sourced’ and they had expanded their outreach to farmers in Latin America, Asia and Africa. Along with this, they have implemented a ‘rigorous green building’ in all areas of environmental performance and have realized the power in investing into communities and helping young people to make a change. Starbucks have found more opportunities and have already set goals for 2020. They are going to invest in farmers and their communities and increase the universal standard for “green retail building” and operations. An example of this is Starbucks’ continuous efforts in investing in farming communities, as they believe that the health and stability of the coffee communities can impact the work-rate and sustainability of the crops. Ethos Water is used to fund part of this program and support essential foundation improvements and ‘agriculture diversification projects.’
Water Access, Sanitation and Hygiene is just one part of this investment. This will include assisting local needs in coffee producing communities that are water-strained, help improve the sanitation programs and prevent seasonal hunger. With the help of Heifer International, they can do all of this and more and aims to improve