Globalization is the process in which the organization and
other business can develop their international influences for starting their
operations at international scales. This term also highlighted the ideas which
is used to expanding the business cross the border in the foreign countries.
This essay also will discuss about the importance of the organization and
concepts of eth organization for enhancing our understanding levels.
The Globalization is the term
which is used to integrating the factors of the inclusion and production for
groups of the customer around the world from various markets. The globalization
is used to facilitating for the extraordinary achievement of the procedures of
economies of scale. The globalization is
also provides the access for increasing the numbers of the markets, resources,
investors, labors, business, models and technologies which are used to
maximizing the productive efficiency for the consistent level acco0rding to the
world’s population size (Giddens, 2018).
After getting the access of the profitable markets and new
inputs the globalization is increasing the operational efficiency and
specialization. Higher global activity, providing the jobs to the poor
countries, least cost for the customers, increasing competition and accessing
the capital for wealthy countries are includes in the globalization’s practical
consequences. The division of the labor for global scale can be spread by
spreading the globalization, production processes and labor are exporting by
the countries which is relatively less profitable rather than specializing the
labor which is more profitable. The factory jobs which is driven out in the
United States can be seen as results, which can be free up the capital for
highly technical. It also includes the field for the high productivity just
like as the IT company’s which are being able to pursuing the higher degree of
the efficiencies which is involved in increasing their economies of scale (Peter Garrett, 2006).
The globalization is very important point or factor which
use to expanding the business at international scales. The term of the globalization
is various meaning for various peoples. The globalization is the way to
attracting the considerable attention around the world. There is lack of the
knowledge about the nature of the globalization which is emerging from the
engagement of the multidisciplinary. In the literature of the globalization the
culture is also prominent because when the organization expands their business
in other countries than it has required learning and understanding about the
culture of the country. There are several concerns which are arouses by the
global situation and generally these are includes in the widespread recognition
for the inequality. In the simple words it can be said the globalization is terms
which is usually used for sharing the culture, values and belief of the foreign
countries and it also can enhance the relations between the countries.
References of Globalization
Giddens,
A. (2018). . Globalization. In Sociology of Globalization (pp. 19-26).
Routledge.
Peter Garrett, B. E. (2006). What Does the Word
‘Globalisation’Mean to You?: Comparative Perceptionsand Evaluations in
Australia, NewZealand, the USA and the UK. Journal of Multilingual and
Multicultural Development, 27(5).