Globalization

Submitted by: Submitted by

Views: 10

Words: 1592

Pages: 7

Category: Business and Industry

Date Submitted: 01/12/2016 12:37 PM

Report This Essay

Globalization

Crystal A. Naquin

January 11, 2016

GBM/380

Jeffrey Buck

There has been an increase over the last Sixty years in organizations that are domestic

and global. Many reasons occur when companies look to globalization is to lower production

cost, gain a perspective of competition, increase a competitive advantage, and increase market

share for an extended life cycle product the consumers sell for their organizations. Globalization

is defined as an independence growing among multiple countries. Described as expanding an

organization or business that takes competition globally and increases sales and products rapidly.

For the discussion in this paper is to define globalization and opportunities and identify the

challenges associated with organizations in a global world.

When the decision for businesses to go from domestic to global, there is going to be

challenges that will occur. Social issues and Environmental are challenges that companies have

to approach carefully to expand the organization to different countries. Prime examples of social

challenges and economic problems in an organization is a lack of communication, poor working

skills, and lack of supervision and management. In companies such as AMAZON and

GOOGLE this can be a problem. Both companies rely on communication, working skills to

complete the orders by the end of the day and without supervision or management to improve the

morale of employees and working conditions AMAZON nor GOOGLE would not be a multi-

Millionaire organization as it is today. When a company goes global, there is lots of restrictions

and discrimination that will occur from other countries when wanting to do business going

domestic into global. For restrictions and discrimination, the company has to look into paying

possibly more on profits of repatriation and higher taxes just to operate globally in their country.

Sometimes, deals are made in the...