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Need an argumentative essay on Globalization and Diversity. Needs to be 10 pages. Please no plagiarism.Many activities are local in nature. many people, even today, live and work outside the internati
Need an argumentative essay on Globalization and Diversity. Needs to be 10 pages. Please no plagiarism.
Many activities are local in nature. many people, even today, live and work outside the international economic structure. But the direction of change is clear.The world is becoming increasingly global and interdependent. It aims at economic growth and higher returns and in return aids towards poverty reduction. Businesses and companies have spread all around the globe. People from different regions, each following a different religion, culture. speaking a variety of languages come together for the purpose of trade of goods and services. Organizations such as UN encourage honest and fair dealing with its Global Compact.The businesses still face many challenges and have numerous hurdles that they have to overcome to achieve and earn higher profits. Introduction The ability to conduct business internationally is an absolute necessity if you hope to remain competitive in today’s marketplace. ...
Coca cola has used various tactics to achieve this. To reduce their production costs, they have established transnational corporations. They have also focused on product branding and positioning, and revised their prices according to the competition. In the past two decades, globalisation has greatly increased. It has had a significant impact on the management of businesses. Globalisation, as defined by the OECD is “The geographic dispersion of industrial and service activities, for example research and development, sourcing of inputs, production and distribution, and the cross-border networking of companies, for example through joint ventures and the sharing of assets” Globalisation is a process of .making the world economy more interdependent. The growth of trade in goods and services, the increase in the flow of capital across national boundaries and the increase in multinational economic activity means that most of the world’s economies are increasingly dependent on each other for their macroeconomic health. Historical Background Different Waves of Globalisation The phenomenon of “Globalization” is not new. In fact, it has been creeping up on us since the dawn of time. it just hasn’t been so visibly impactful until recent years. Nick Stern, Chief Economist of the .World Bank .has identified three major stages of globalization: Wave One: began around 1870 and ended during the interwar period of 1920s and 1930s, with the descent into global protectionism. During this time there was a rapid growth in international trade driven by economic policies that sought to liberalise the flow of goods and people, and by emerging technology, which reduced the costs of transportation.
