Phl 320 Globalization Argumentative Research Paper
Globalization Argumentative Paper
Kristen Cohen
PHL/320 Critical Thinking and Decision Making in Business
Due February 2, 2015
Michael McQuinn
The debate of globalization is good or not good for business has been going on for decades. By definition, the word good means of high quality and excellent. To be honorable or worthy or to be in good standing. By this definition of good, we look at the pros and cons to how globalization is good or not good for business.
Globalization is not a new concept in our world, and it is advancing at a rapid rate. Change is always happening but is it good for business? (1, premises) In the business world, why do they want to make globalization successful and the best answer I can figure is that for the business or company, the outsourcing of having cheaper production costs and that will allow for the opportunity to have …show more content…
Big name companies do have benefits, and the answer would be yes. They bring in foreign currency, employment opportunities, and give funding to the governments in the countries they have bases in. However, their drawbacks outweigh their benefits. These companies can exploit the local workforce. Some examples would be that countries have less intense labor and health and safety rules and multinationals use that to their advantage. They might use cheap labor and give unfair hours. Issues of child labor have stemmed from this. The separation of these far-away factories means they do not have the investigative eye of the western media to watch them. (2, conclusion) The best solution I can think of would be to keep the American worker employed to keep the money here in our economy to keep the money flowing in our own country. We need to support our own before other countries and their business
Kristen Cohen
PHL/320 Critical Thinking and Decision Making in Business
Due February 2, 2015
Michael McQuinn
The debate of globalization is good or not good for business has been going on for decades. By definition, the word good means of high quality and excellent. To be honorable or worthy or to be in good standing. By this definition of good, we look at the pros and cons to how globalization is good or not good for business.
Globalization is not a new concept in our world, and it is advancing at a rapid rate. Change is always happening but is it good for business? (1, premises) In the business world, why do they want to make globalization successful and the best answer I can figure is that for the business or company, the outsourcing of having cheaper production costs and that will allow for the opportunity to have …show more content…
Big name companies do have benefits, and the answer would be yes. They bring in foreign currency, employment opportunities, and give funding to the governments in the countries they have bases in. However, their drawbacks outweigh their benefits. These companies can exploit the local workforce. Some examples would be that countries have less intense labor and health and safety rules and multinationals use that to their advantage. They might use cheap labor and give unfair hours. Issues of child labor have stemmed from this. The separation of these far-away factories means they do not have the investigative eye of the western media to watch them. (2, conclusion) The best solution I can think of would be to keep the American worker employed to keep the money here in our economy to keep the money flowing in our own country. We need to support our own before other countries and their business