Dissertation Writing Help Study Sample Topic??
“Despite having a number of different issues, globalization can be recognized as one of the major reason for the development of standards of international economy”.
Frame the dissertation topic is::
Introduction
In exiting scenario, the business environment has become quite competitive and vibrant, which has created some critical problems for business organizations. In such adverse conditions, the concept of globalization has come into the limelight in recent period of time. The increasing practices and implications of globalization have created a platform for debate on the viability of globalization in the context of developed and developing countries across the globe (Steger, 9). There are a number of different positive aspects as well as negative aspects related with the globalization that provide a wide scope of debate on the topic.
Organization of the essay
The easy is organized in different subsections for the purpose of presenting the context in the most effective manner. In this relation, first of all the phenomena of globalization with its different perspective is presented. The significance of the Globalization for developed as well as developing countries are elaborated in the paper. Along with this, the paper also demonstrates some critical issues related with globalization. The paper also analyzes the phenomena of Globalization under the light of positive and negative aspects of the concepts.
Globalization: meaning and perspectives
Globalization is the phenomena which demonstrate the cross boarder movement of business, economics, trade, culture, and technology. The integration of different business activities undertaken within different countries to form a worldwide pool of business and it related aspects can be termed as globalization. The concept of globalization links the entire world in order to achieve a particular and specific goal and objective (OECD, 11). Defining the phenomena of globalization, Langhorne (2001) has specified in his own words:
“Globalization is the latest stage in a long accumulation of technological advance which has given human beings the ability to conduct their affairs across the world without reference to nationality, government authority, and time of day or physical environment” (Langhorne, 553).
Along with this, Gaburro and O’Boyle (2003) have also specified that “globalization is… the establishment of the global market free from sociopolitical control” (Gaburro and O’Boyle, 115).
On the basis above mentioned quotations presented above it can be revealed that there the globalization process makes the business and non business activities of an organization and individual free from restrictions levied by boarders of nations. The can be a number of different perspectives of globalization. A country or an organization can become globalized in terms of culture, business and economic activities, and technological aspects. The economic globalization refers to diversification of different economic and business practices of the organization in the other geographical region. In relation to this, exchange of culture and technologies from one country to other country can be classified under the category of cultural and technological globalization.
Globalization: a safeguard for developed countries
From the perspective of developed countries across the globe, globalization has been proved as a safeguard against different extranet business environmental issues such as intensive competition in domestic market and risk from economic vibrancy of international global economy. Globalization of business activities undertaken by business organizations from different developing countries allows the organization to diversify its external environmental risks. The geographical business expansion undertaken by the business organizations not only help it to explore new opportunities in a potential market place but it also helps in sustaining its existence in the market for a long term (Cuddy-Keane, 553).
For instance, recent global financial crisis has explored the loopholes in the domestic business operations of different large scale business organizations. In concern to this, the need of being globalized has become highlighted in a quite intensive manner. The impact of globalization can be explored in the success of large scale multinationals like McDonalds and Wal-Mart, US based multinational business organizations, which has countered intensive domestic competition by exploring the opportunities and potential of small countries. The success of such companies also contributes in the total GDP growth of host country, which is a developed country (Peng, 154).
Globalization: a boon for developing countries
For small and developing countries also globalization has been emerged as a boon. For the weaker economies across the world, globalization has injected a significant amount of investment. The globalization has made the way easy for large scale business organizations to make their investments in small but highly potential countries. This investment accelerates the economic development of the host country, which is a bright prospect for the future growth of the organizations. In addition to this, the globalization also brings a number of different cultural and technological advancement within internal business environment of the country, which quite essential for the long term sustainability of the organization (Peng, 46).
For instance, a number of different developing countries from Africa (such as Cuba, Ghana), and Asia (such as Indonesia and Philippians) have witnessed some intensive economic, cultural and technological growth after the introduction of foreign business organizations under the influence of globalization (Ritzer, and Atalay, 125).
These all the factors have highlighted that globalization and its related practices can be proved quite beneficial for the economic success and sustainability of a country which is struggling at frontier of economic development.
Issues related with globalization
Along with such positive aspects some negative impact of the globalization can also be highlighted. For instance, the globalization has provided a window for developed countries through which, they can entered and use the natural as well as developed resources of a developing country. Multination business organizations can misuse or overuse the existing available natural resources to the host countries to make their personal profits. In this context, for the host country, globalized business operations of multinationals can be proved quite problematic. In addition to this, the existence of foreign multinational business organizations in the domestic market increases the competition and complexities for domestic business industries and small local organizations (Eriksen, 57).
As large scale multinationals enjoy the benefits of Economies of Scales due to their vast expanded business organizations, it becomes quite tough for domestic business to be in the competition with such multinational business organization. This condition is quite harmful for the country in the context of achieving self decency in economic terms. In addition to this, due to globalized business operations, the society of the host country becomes a bland of different cultures which harms the sovereignty as well as uniqueness of domestic culture. This can be proved as a critical risk in the long term sustainability of the host and foreign countries (Szeman, 94).
These are some critical issues in practices related with globalization which can be proved quite problematic for the host country.
Analysis of viability of the phenomena of Globalization
On the basis of thorough review of both positive as well as negative aspects of the phenomena known as globalization, it can be analyzed that different issues related with globalization are quite measureable and can be handled effectively by the government of the country through employing focused attention and efforts. In this addition to this, there are a number of different advantages which can be availed by business or non business organizations by being global, which commensurate the necessity of the application of the concept known as globalization into the reality. In this regard, the recent financial crisis have highlighted that external business environment for business organization in recent period of time have become quite vibrant, which recalls for the adoption of different measures of risk diversification such as globalization. In this way, the practice of geographical business expansion strategies can be analyzed as a viable and effective business strategy for business organizations (Gilpin, 364).
Conclusion
The paper has highlighted the practical application of the concept of globalization in existing period of time. The paper can be concluded by saying that although some critical risks have associated with the phenomena called as globalization, yet there are a number of different positive aspects and benefits availed by foreign as well as host country which advocates the strategy as one of the most crucial, preferable and effective strategic initiatives undertaken by the business organizations. These finding of the entire research can also be aligned positively with the research thesis which state that despite there are a number of different issues yet the benefits of being globalized induce the business organizations to adopt different practices of different types of globalizations such as economic globalization, cultural globalization, and technological globalization.
MF63
If you want Dissertation Writing Assignment Help study samples to help you write professional custom essay’s and essay writing help.
Receive assured help from our talented and expert writers! Did you buy assignment and assignment writing services from our experts in a very affordable price.
To get more information, please contact us or visit www.myassignmenthelp.Com
