NEED A REPLY TO THE STUDENT REGARDING GLOBALIZATION. AT LEAST ONE REFERENCE APA STYLE
Hello Professor Durish and classmates,
Hope everyone is doing great.
Globalization is about the interconnectedness of people and businesses across the world that eventually leads to global cultural, political and economic integration. It is the ability to move and communicate easily with others all over the world in order to conduct business internationally.
I believe there are benefits and losses of globalization. As per the article on Globalization and Employment, globalization generates losses as well as gains. (Lee, 1996).
With globalization, social activities take place irrespective of the geographical location of participants via telecommunication, digital computers, audiovisuals media, that can occur almost simultaneously anywhere and everywhere in the world, as we see right now during the Covid-19 pandemic, how the world has adjusted to doing business virtually. (Scheuerman, 2002).
One of the challenges of globalization is the fear of unemployment. There is apprehension that increasing imports from low-wage countries have been destroying manufacturing jobs, especially in labor-intensive sectors. (Lee,1996). Someones fear, is another mans joy, because to those importing from low-wage countries, it is a huge savings to them.
For instance, I have a Fruits and Vegetable business here in New Jersey. The fruits and vegetables are dried and milled into powder and we sell online and at different event festivals. (which unfortunately, due to covid, we have not been able to attend). Well, my plan before covid, to manufacture my products by end of the year in Nigeria where labor and products will be cheaper as compared to here in the States. By so doing, I will be providing jobs for some people out there and saving myself some money. Though most of the products I planned to sell in Nigeria and ship some back here after weighting all my options.
The company I intern with are global. It is an agency that cares for seniors in the comfort of their hoes. Most of their staffs are Spanish people, so I will say for sure the ethnic makeup of associates is global and so are the people they care. During meetings, I have heard discussions on patient requesting for Spanish speaking staff.
Therefore, globalization has some benefits and some challenges. With globalization came the attack of terrorism, of which we saw the 9/11 attack.
Bola
Reference
Lee, Eddy (1996, Nov. 26), Globalization and Employment: Is Anxiety Justified. Retrieved from
https://www.globalpolicy.org/component/content/article/218/46372.html (Links to an external site.)
Scheuerman, William (2002, Jun. 21), Stanford Encyclopedia of Philosophy Globalization, Retrieved from, https://plato.stanford.edu/entries/globalization/ (Links to an external site.)
