Business And Political Globalization: PHL 320 Critical Thinking
Globalization 03/23/2015 Wallace Dubose PHL/320 Critical Thinking
When discussing business and politics globalization is a term that frequently comes up. Many people believe that globalization is good for business rather than bad. Before discussing business one must first understand the terms good, and not good when referring to globalization. The term good is defined as something that is beneficial in your favor, therefore not good would be unbeneficial the total opposite.
Organizations are always looking to expand, and if they find a way to do so, then most likely they will take advantage of it. It’s intriguing that many companies are choosing to take the global route. (1 PREMISE Interactions with others …show more content…
nations allow for outsourcing of jobs and buildings plans in other countries.) (2 PREMISE Globalization drives the organization brand beyond borders for great potential to succeed.) One evident example is that the cost of products in the United States is constantly rising.
One of the prime reason that led organizations looking for other cheaper solutions is because of the taxes, the taxes alone takes away from companies profit.
With every business or establishment there are advantages and disadvantages about globalization but with the mast majority major companies outsourcing and profiting from it, one cold only see the advantages in it. Globalization in many ways is great for companies; however that does not mean that is is a great fit for the economy. Outsourcing jobs overseas takes away from the quality of service of the product, takes away American jobs, and most importantly takes away money from the economy. Take the country of India for example; India has been a great country to outsource with. The people of India are very well educate, and they have a wonderfully divers culture, that allows for further change. In addition Americans worker expect higher wages than employees in India. Outsourcing may not be advantage for the company’s country of origin, but outsourcing is good or business. This holds true if the economy is faltering on the home-front, the business can still flourish by …show more content…
outsourcing. In a sense globalization is producing a world economy and becoming more of a hot topic for conversation. For instance the shirts that I am wearing are made in China, but the material was purchased from India and shipped to the United States on a French ship. Although for a company to go global it takes a lot of work, time, money, and energy technology has made the process tremendously easier. Take for example communication, message are sent and received instantly from any place in around the world, call anyone, and do a video conference.
Globalization allows a company to advertise their brand anywhere in the world. A few examples are McDonalds and KFC which are in parts of Asia, and Subway in Great Britain and Germany. If a company is struggling in one market, it still has the ability to flourish in another. The more popular your brand is the more money the company makes. This is one reason why so many companies spend enormous amounts of money on advertisement.
As debatable as globalization has become one thing is very evident and that is more businesses are pushing their businesses overseas.
(1 CONCLUSION Companies are finding ways to build up their brands and beat out their competitors. In this market there is a limit, and most successful companies would prefer not to be held to certain limitations.) (CONCLUSION 2 Outsourcing jobs save companies a lot of money. American businesses are subject to being taxed hard; which leads them searching elsewhere to open up businesses. This is in relations to the American workers, they want a certain salary compared to the foreign counterparts and many respect that option. Anything that aids a company profit is beneficial. That’s why for these two reasons globalization is good for a
company.
REFERENCES
FORBES.COM
THE GOOD THE BAD, AND THE UGLY SIDE OF GLOBALIZATION BY PANOS MOURDOUKOUTAS
9/10/2011
THE NEW YORK TIMES
The good in globalization
Richard W. Fisher and W. Michael Cox
Published: Sunday, April 9, 2006
When discussing business and politics globalization is a term that frequently comes up. Many people believe that globalization is good for business rather than bad. Before discussing business one must first understand the terms good, and not good when referring to globalization. The term good is defined as something that is beneficial in your favor, therefore not good would be unbeneficial the total opposite.
Organizations are always looking to expand, and if they find a way to do so, then most likely they will take advantage of it. It’s intriguing that many companies are choosing to take the global route. (1 PREMISE Interactions with others …show more content…
nations allow for outsourcing of jobs and buildings plans in other countries.) (2 PREMISE Globalization drives the organization brand beyond borders for great potential to succeed.) One evident example is that the cost of products in the United States is constantly rising.
One of the prime reason that led organizations looking for other cheaper solutions is because of the taxes, the taxes alone takes away from companies profit.
With every business or establishment there are advantages and disadvantages about globalization but with the mast majority major companies outsourcing and profiting from it, one cold only see the advantages in it. Globalization in many ways is great for companies; however that does not mean that is is a great fit for the economy. Outsourcing jobs overseas takes away from the quality of service of the product, takes away American jobs, and most importantly takes away money from the economy. Take the country of India for example; India has been a great country to outsource with. The people of India are very well educate, and they have a wonderfully divers culture, that allows for further change. In addition Americans worker expect higher wages than employees in India. Outsourcing may not be advantage for the company’s country of origin, but outsourcing is good or business. This holds true if the economy is faltering on the home-front, the business can still flourish by …show more content…
outsourcing. In a sense globalization is producing a world economy and becoming more of a hot topic for conversation. For instance the shirts that I am wearing are made in China, but the material was purchased from India and shipped to the United States on a French ship. Although for a company to go global it takes a lot of work, time, money, and energy technology has made the process tremendously easier. Take for example communication, message are sent and received instantly from any place in around the world, call anyone, and do a video conference.
Globalization allows a company to advertise their brand anywhere in the world. A few examples are McDonalds and KFC which are in parts of Asia, and Subway in Great Britain and Germany. If a company is struggling in one market, it still has the ability to flourish in another. The more popular your brand is the more money the company makes. This is one reason why so many companies spend enormous amounts of money on advertisement.
As debatable as globalization has become one thing is very evident and that is more businesses are pushing their businesses overseas.
(1 CONCLUSION Companies are finding ways to build up their brands and beat out their competitors. In this market there is a limit, and most successful companies would prefer not to be held to certain limitations.) (CONCLUSION 2 Outsourcing jobs save companies a lot of money. American businesses are subject to being taxed hard; which leads them searching elsewhere to open up businesses. This is in relations to the American workers, they want a certain salary compared to the foreign counterparts and many respect that option. Anything that aids a company profit is beneficial. That’s why for these two reasons globalization is good for a
company.
REFERENCES
FORBES.COM
THE GOOD THE BAD, AND THE UGLY SIDE OF GLOBALIZATION BY PANOS MOURDOUKOUTAS
9/10/2011
THE NEW YORK TIMES
The good in globalization
Richard W. Fisher and W. Michael Cox
Published: Sunday, April 9, 2006