Sunday, 25 January 2009

My first draft about the main effects of globalisation and to what extent they are beneficial to my subject area


The introduction :

The world nowadays is living under the trajectory of globalisation which plays a leading role in our life in terms of economic , political and cultural aspects .

There was a divergence of opinion concerning this issue of globalisation of whether it is beneficial for advocating a strong relationship between nations or may generate some drawbacks to economic growth as well as social and cultural exchange between countries .
The American journalist , columnist and author Thomas L. Friedman has examined the impact of the "flattening of the globe " and claimed that " globalised trade , outsourcing , supply -chaining , and political forces have changed the world permanently , for both better and worse ."
He also argued that " the pace of globalisation is quickening and will continue to have a growing impact on business organisation and practice ."(2005) p4
This appears to show that what Friedman claimed proves that the current success of international business is related to globalisation but the question is to what extent are the effects of this controversial process beneficial to international business ?

This essay will look at the both sides positive qnd negative effect of globalisation as a whole then it will focus mainly on its implication on the world of international business .



The essay outline :

Paragraph 1 : A brief summary on the positive and negative effect of globalisation .

a) the positive effect :

1) Reduction of cultural barriers .
2) Spread of democratic ideals to develop the nations .
3) Allowed greater information access to all parts of the world (internet , satellite ...)

b) the negative effect :

1) It can often lead to the destruction of local customs and cultures .
2) Greater risk of diseases being transported between nations .
3) Greater chance of reactions of globalisation being violent in an attempt to preserve cultural heritage .

Then , I will move to discuss the effect of globalisation on my subject area ( International Business ) .
Obviously , I will divide the three paragraphs into two parts ; pros and cons of globalisation .


Paragraph 2 : From the point of view of companies :

+ : business can get access to the new markets .
-: sometimes if not always they have to pay bribe to be able to compete with the other companies .

Paragraph 3 : From the point of view of consumers :

+: They have the choice of products ( variety )
-: local businesses are destroyed by the new emergence of foreign products .

Paragraph 4: From the point of view of employees :

+: it allows people to work abroad .
-: They can be subject of exploitation and discrimination .

Conclusion :

Recapulate what was mentioning before in the essay .
Basically , there is a balance between the both sides ( positive and negative )
Ending with an open question : how to find a compromise to deal with the cons caused by globalisation ?

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