GLOBALIZATION ESSAY 1 (100 WORDS)
Globalization is the process of growing, developing and expanding the business, services or
technologies all through the world. It is the expansion of various businesses to the global
markets throughout the world. It requires huge international investment to develop large
multinational corporations for the worldwide economic integration. It is to increase the
connectivity and interdependence of the businesses in the worldwide markets.
In the last few decades, globalization has taken the form of technological advancement which
resulted in easier travel, communication, and other businesses on international level for the
people. On one hand, where globalization has made easy access of technologies to the people,
it has also decreased the opportunity of success by increasing competition.
GLOBALIZATION ESSAY 2 (150 WORDS)
Introduction
Globalization is making the availability of businesses or technologies all across the world
through the speed of markets. Globalization is making various huge changes in the world
where people are moving away from their self-contained countries to the more integrated
world. In order to globalize a business, a company need to bring change in a business strategy
made for a single country to the special one having ability to operate in multiple countries.
Impact of Globalization
Globalization impacts a business and a company in various ways. Globalization impact on
businesses in the worldwide market can be described under two broad categories of market
globalization and production globalization. Market globalization is the reduction in selling
barriers of products or services to other countries other than its home country. It is very
necessary for a company to make success easier by effectively globalizing selling products to
the international market. Production globalization is the set up of plant in many countries to
produce products locally on low labour cost and earn more profit than its home country.
GLOBALIZATION ESSAY 3 (200 WORDS)
Globalization is the spreading of anything worldwide. However, generally it is the process of
globalizing products, businesses, technologies, philosophies, etc all through the world. It is the
creation of a successful interconnected marketplace without any limitation of time zone and
national boundaries.
The most common and clear example of globalization is the spread of McDonalds restaurants
all around the world. It became so successful in the worldwide markets because of its effective
strategy adapting the culture of different countries in their menus to suit local tastes of people.
We can say it as internationalization which is a great combination of both, the globalization and
the localization.
It is very hard to decide whether the revolution of global marketplace is beneficial or harmful to
the humanity. It is still a big confusion. However, it is also tough to ignore that globalization has
created greater opportunities to people worldwide. It has changed status and way of living of
people in the society to a great extent. It is hugely benefiting the developing nations by
providing various developmental opportunities.
If we take it positively, it may eradicate the regional diversity and establish a homogenized
world culture. It is supported by the information technology and show huge interaction and
integration among businesses, companies, government and people of various countries.
Globalization has positively and negatively affected the tradition, culture, political system,
economic development, lifestyle, prosperity, etc.
GLOBALIZATION ESSAY 4 (250 WORDS)
In the last few decades globalization has been very fast which has resulted in the worldwide
economical, social, political and cultural integration through the advancement in the
technologies, telecommunication, transportation, etc. It has affected human lives in both
positive and negative manner; its negative effects are needed to be addressed accordingly.
Globalization has contributed a lot to the worldwide economies in various positive ways.
Unbelievable advancement in the science and technologies has given amazing opportunity to
the businesses to easily spread across the territorial boundaries.
Just because of the globalization, there has been huge economical growth of the companies.
They have been more productive and thus given rise a more competitive world. There is a
competition in the quality of products, services, etc. Successful companies of the developed
countries are establishing their foreign branches to take advantage locally through the low cost
man labor than their home countries. Such type of business activities are giving employment to
the people of developing or poor countries thus giving way to go ahead.
Together with the positive aspects of the globalization, negative aspects are not forgettable.
There has been risk of epidemic diseases by means of transportation from one country to
another. There has been proper control of the government of all countries on the globalization
in order to reduce its negative impacts on the human lives.
