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The Globalization of Company

Category: Political Science Paper Type: Homework Writing Reference: APA Words: 350

        The CEO of the company takes decisions about management as well as the globalization of the company. Being CEO of a midsized technological software company of Saudi Arabia, I consider globalization as a necessary part for the development of the company. The globalization requires essential considerations about the offices and location of offices in the different nations around the world. The company should deal with the political risk and legal issues by taking proactive steps to increase micro and macro political risk environments. The legal and political risk factors in the international business are mainly two aspects for the business and the company should be aware of these risks at the international level. The failure of recognizing the issues and solution can potentially restrict the performance of the business (Opentextbc. ca, 2018). The rules and regulation in different nations induce an impact on the development of a technology software company. The political risk insurance provides protection for the investors. The promotion of financial loss can be restricted by reducing the impact on business growth. Domestic and international political violence induces a negative impact on the development of the business. The pros and cons of the globalization of the company are listed below,

Pros

1.      The international markets are getting more access to interact with the customers.

2.      The selling of services and goods in the world population becomes more saturated.

3.      The lowering cost of services increases business and the cost of production.

4.      The influence of political decisions on the organization increases power gaining.

Cons  

1.      The political issues, as well as legal issues, can restrict commercial activities of the company and the power gaining increases due to globalization.

2.      The anti-globalist claims about the unequal and worse conditions of the population. The rapid growth of the company can face issues due to the legal terms and conditions of the state.

Reference of The Globalization of Company

Opentextbc. ca. (2018). Advantages and Disadvantages of Competing in International Markets. Retrieved from opentextbc.c: https://opentextbc.ca/strategicmanagement/chapter/advantages-and-disadvantages-of-competing-in-international-markets/

 

 

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