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…
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…
(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