Running Head: GLOBALIZATION
Globalization is the process of connecting different parts of the world, resulting in the expansion
of cultural, political, and economic activities. It involves the integration of goods and people in
various countries. Organizations define globalization as the process of developing international
influence or establishing operations on a global scale. Analysts liken globalization to the effect
of the atomic bomb by stating that it would change the world and create a market of no
boundaries (Manolică, & Roman, 2012). Nevertheless, the impact s of globalization is yet to
Saudi Aramco is the biggest producer of energy and chemicals. The company aims at taking
advantage of the need for energy and chemicals to drive the world’s economies. Besides, the
company believes that energy provides people with the means to propel their lives forward.
Saudi Aramco has several branches within the GCC. For instance, the company also operates in
Kuwait. As a result, the company has faced backlash over its continued investment in nonrenewable sources of energy, such as crude oil. Besides, crude oil is the main contributor to the
global climate crisis. The close ties that the company has with the state government that many
people consider as abusive has led to negative publicity. Nonetheless, the company defied critics
when it became the most valued company in the world during its initial public offering in 2019.
Saudi Aramco exceeded the expected market valuation of 1.7 trillion dollars in hitting over 1.9
The SWOT analysis of any company provides an index into the operating efficiencies of the
company. Generally, the str...
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