BUS 250 Week 2 DQ 2 Globalization

Aug 22nd, 2016
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BUS 250 Week 2 DQ2 Globalization In one or two paragraphs, supported by evidence in your text and from the Globalization video, respond critically to the following: Globalization brings both benefits and costs. Research a business that is global and identify the benefits it derives as well as the costs it incurs. Be sure to specify the business identity and your sources. Respond to at least two of your classmates’ postings.

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Week 2 DQ 2 GlobalizationIn one or two paragraphs, supported by evidence in your text and from theGlobalization video, respond critically to the following: Globalization brings bothbenefits and costs. Research a business that is global and identify the benefits itderives as well as the costs it incurs. Be sure to specify the business identity and yoursources.When we say globalization, we mean the promotion of ideas that are good for the economyfor all countries and that it affects economic and political situations internationally. Thebasis of globalization is said to be neo liberalism or having free market (Source:Globalization Video). Why should we support globalization in the first place? One of thepositive things about free market is the capability of big companies to cut cost duringproduction by moving their business productions to area where labor cost is lower likeoutside the United States. This means big companies can now earn more by paying less iftheir production facilities will be moved in a third world country where labor is cheaperyet the quality of the service provided is still high. This becomes globalization becausericher countries are now sharing

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