Globalization is the international integration coming up from the interchanging of worldviews, products, ideas and other aspects of culture. An example of this, when India’s largest foreign company invested into India, Microsoft India Private Limited which is a subsidiary of US software giant Microsoft Corporation.
There are several benefits and disadvantages of Microsoft coming into India. The benefits are global learning, rapid industrialization, and better allocation of resources, reduction of poverty, and a better quality of life.
The company that first entered the Indian market in 1990 and has since worked closely with the Indian Government. When the Microsoft came in they brought with them their cast American Culture and different techniques of working, which revolutionized the Indian work environment and brought in various kinds of global learning like specialization.
Microsoft currently has offices in 13 cities of India, with Hyderabad being the location of its headquarters. The infrastructure boost it has brought into India is vast since its created factories as well and also massive building all around India thus helping with the India infrastructure.
Microsoft works with limited resources, which are partially provided through the Indian government and the rest through imports. One of their most important objectives is to allocate and not misuse these resources. To do so, they delay tasks, substitute resources in a project, control resources availability throughout a project and mainly remove a resource assignment from an over allocated resource. Therefore, Microsoft is a great example to other companies and an advantage to India by completely maximizing their uses of resources.
Mainly, Microsoft till date has employed 97,000+ local workers from India, which greatly helps with the lack of jobs that are present through out India and therefore helping reduce poverty.
The above aspect helps
Bibliography: http://en.wikipedia.org/wiki/Microsoft_India_PL http://www.slideshare.net/mangal182/globalisation-and-its-impact-on-financial-services http://top10companiesinindia.com/2013/05/21/top-10-multi-national-companies-in-india/