ITR 201 – Internnational Business

Assignment – Closing Case: Debating the Merits of Globalization
Case Questions 1. Do you think globalization and MNE activities are creating problems for the world? What kinds of problems can you identify? What are the unintended consequences of international business? 2. Summarise the argument in favour of globalization made by the business executive. What is the role of technology in supporting company performance in a global business environment? 3. What are the roles of the states and federal governments in dealing with globalization. What is government’s role in protecting citizens from the negative effect of foreign MNEs conducting business in your country ? What kinds of government actions would you recommend? 4. What is the role of education? i) addressing the problems raised in the roundtable ii) creating societies in which people can deal with public policy issues and iii) creating citizens who can compete effectively in the global marketplace.
Answers

1. I think globalization and MNE activities are causing problems for the world. Some of the problems that are obvious include the influences some of the Global companies have on some countries governments especially developing countries. They use their powers to manipulate activities in those countries. Another problem is the loss of national sovereignty, many countries lose their own cultural dresses, foods e.t.c due to the globalization and MNE. Finally environmental pollution are problems that result from Globalization and MNE. e.g oil spillage by global companies operating in the oil sector.
Some unintended consequences are the causing large disparity between the rich and the poor especially in developing and least developed countries. Another unintended consequence could be increase in the figures of unemployed people in some countries