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Globalization Argumentative Paper

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Globalization Argumentative Paper

Armando Montero

PHL/320

5/16/2016
Todd Goodling

Globalization Argumentative Paper

Globalization is the tendency of businesses, technologies, or philosophies to spread throughout the world, or the process of making this happen. The global economy is sometimes referred to as a globality, characterized as a totally interconnected marketplace, unhampered by time zones or national boundaries. This term as based on business can be defined as; the process of extending to other parts of the world to develop an increasingly integrated global economy by using free trade, free flow of capital, and utilization of cheaper foreign labor markets. Globalization can be good for business because it can make operating in foreign markets more efficient. It is also beneficial because it raises a business’s profits in other parts of the world.

(1, Premise) Businesses will be able to communicate more effectively and efficiently, if they are working in an open market. Globalization directly effects the administrative, economic, and geographical system that is in place with the nations in an effective way. Today’s business era is far more challenging and competitive, and although it is more difficult, globalization is still one of the most important components to the economic, administrative, and geographical sectors. It also provides effective business with the nations in an effective and proper manner. There have been a high number of changes that happen rapidly in the economics of all nations due to the rapidly growing globalization process. However, the implementation of globalization in some countries is creating issues that affect the nations directly or indirectly. (1, Conclusion) Although there are some issues, globalization allows businesses to grow and do much

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