Why Globalization Is a Threat to International Business

Many see globalization as an opportunity for international business, but it is clearly a threat. The expression globalisation has obtained impressive emotive energy. Some perspective it as a process that is advantageous a key to future world investment improvement and likewise inexorable and irreversible. Others respect it with danger, even fear, accepting that it builds favouritism inside and between countries, debilitates business and living measures and defeats social advancement. This short offers an outline of a few parts of globalization and plans to distinguish courses in which nations can tap the additions of this procedure, while remaining sensible about its potential and its dangers. The process of globalisation is a reality. Globalisation has created many opportunities for growth and increase the level of standard livings. It is depends on the countries who can follow the trend and take the opportunity in order to improve themselves. Some opponents of globalisation argue that the developing countries will have higher level of unemployment because of the globalisation. But other economists are thinking that there will have a competition among the low wages countries, this will lead to unemployment in developing countries. It is because developed countries will create the working opportunities to the low wages developing countries. The web could be seen as a chance of globalization for organizations. The web can likewise be seen as a passage to partake in theShow MoreRelatedGlobalization And Globalization1050 Words   |  5 PagesJane Ogagan International Political Science for Public Health Practitioners Seminar Course: 221.614.01 CLASS PAPER Topic Choice 18: â€Å"On balance, globalization expands rather than contracts opportunities for economic prosperity around the world.† Why do you agree or disagree with this statement? Please support your answer with appropriate examples. 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When a country becomes part of that trade agreement, then they have the ability to leverage their goods to gain wealth and stability. As stated in the article by Economy Watch. Benefits of International trade. â€Å"The global trade can become one of the major contributors to the reduction of poverty.† There are a couple of scenarios that make international tradeRead MoreWhat Are The Benefits Of International Trade?976 Words   |  4 Pagesof international trade? International trade is the means to which other countries can use and enjoy other products from around the world. When a country becomes part of that trade agreement then they have the ability to leverage their goods to gain wealth and stability. As stated in the article by Economy Watch. Benefits of International trade. â€Å". 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Globalization tends to be new to us because it is linked with terrorism, but terrorism has been around since the beginning of biblical times, and in the US we are forever exposed to terrorism. But even though we know it can happen to us at any time we never know if it will be worse than 9/11, because terrorism only works when it creates massive chaos, shock and ah