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Compose a 5000 words essay on Globalisation: The Road Forward or The Road to Nowhere. Needs to be plagiarism free!The principle reasons for globalisation is to experience the quality and services prov
Compose a 5000 words essay on Globalisation: The Road Forward or The Road to Nowhere. Needs to be plagiarism free!
The principle reasons for globalisation is to experience the quality and services provided by various other countries of the world in order to understand better the state of technological advancement and the applications of specialised knowledge, training and skills towards product development and enhancement of quality and delivery parameters in order to produce world class products that could compete in the international marketplaces. It also offers exposures to the socio-cultural demographics and economic profiles of international trading partners and could be viewed as cooperative efforts between different denizens of the world to interact, whether culturally, economically and commercially in order to promote a stronger bond within different work partners in different locations of the world. Some people tend to equate globalization with just economic globalization. However, this is not the case, and it is often seen that globalisation refers to a broad spectrum of efforts and activities, which entails joint efforts between nations, even in non-economic areas, and includes, in its ambit, human and resource capital movements, material movements, funds transfer and information transmission along the internet superhighway, transcended territorial borders. As is often said, globalization perceives the world as a borderless and limitless market where there is ample scope for free trade and exchanges between different counties, separated by diverse cultures, environment and economic differentiation that could bring economic growth and prosperity among the partners.