Globalization as the Integration of the Interaction between Nations Essay

Globalization as the Integration of the Interaction amidst Nations - Essay ExampleThis essay explores the doers that lead to globalization. As a manager of any impregnable, the main objectives atomic number 18 to maximize profits and minimize the costs. The costs can be minimized by looking for seedy labor force and nearness to raw materials. A company in Asia might decide to strike off up a new firm or move the initial firm in Asia to other country with cheap labor. Secondly, the firm can in addition shift due to nearness to the raw material. more(prenominal) so, the market can also influence globalization. A country might shift its production firm to other country targeting certain individuals in that country. Poor countries encourage international investors so that they can benefit from the taxes levied on them. For this reason, it is clear that also the economic status of a country is a key factor to increasing globalization. There are, however, demerits and merits of globalization in business. For this reason, this paper tends to explain the advantages and disadvantages of globalization in business. Firstly, globalization is respectable to many people. As discussed earlier on, an individual can move from his working office in Mexico to another country just for lunch. For this reason, the utility of this individual is satisfied. This person will feel satisfied since they got what they wanted thusly derived satisfaction. In addition, the individual might have used either a public or a private jet. In whatever way, employment is created for the pilot flying this individual for lunch. More so, the restaurant also receives some payments in compensation for what this individual will consume. Suppose an individual sets a firm in another country, what would happen? Firstly, the state will receive money in the form of tax by the foreign investors. Secondly, the area around the set firm will be developed by these foreign investors. The condition of the road will also improve, and water and electricity would be made available and low-priced to the settlers around the firm. In addition, individuals will get employed.