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Globalization Of A Business Administrator

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Globalization and Us
Introduction
People may not realize how much their lives are affected by the constantly evolving globalization of the world. As defined by the Merriam-Webster Dictionary website, “Globalization is the integration of national economies through trade, investment, capital flow, labor migration, and technology.” (Merriam-Webster Website, 2017). Throughout this paper there will be a more elaborate description of globalization and it’s what have affected its evolution, how it affects people, and how it could affect me and my career in the future.
Globalization Description
Globalization has made many people, especially Thomas Freidman, consider that the world may be turning flat. This thought comes from how certain events have changed globalization and in turn changed the way we as individuals, companies, and societies function. Friedman describes Globalization 1.0 as the beginning stage of globalizations development where people reached out globally through their own countries. At these points only people of high status really …show more content…

In the case of a Business Administrator, I would be able to work with many students including international students. This would give me experience with many other types of nationalities in which I could learn more from. A possible effect of globalization could be that colleges begin to be more online based, which is already happening throughout school systems. As an Administrator, I would still be needed to keep up with student documentation such as registration. So, I feel that I would have a better chance at job security even with such changes occurring. If I choose to begin a shop within the Etsy corporation, I would be benefited even more by globalization because I would be enabled to sell my own products to people all over the world. I would not have this opportunity without globalization due to living in such a secluded

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Americans didn’t need to look beyond their front door because soon everyone would be coming to them. They would get their top level degree, rise to the top of a company, and sit there looking pretty while the “Mexicans and Malaysians...provide the hands”(Ehrenreich 609). Globalizing was supposed to help America rise to the top and stay there; not help other countries rise to the US’s level. And it seems that globalization has pushed the younger generations of Americans in the opposite level. More and more young adults and college students are “study[ing] and travel[ing] abroad and interact[ing] with foreign students”(Zakaria 622).

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The first change due to globalization is outsourcing or job dislocation which is essentially where jobs are outsourced from one country to another primarily because of lower labor costs. The second change due to globalization is increased cultural diversity within the workplace as due to immigration and continuous border crossings globalization allows for an increasing variety of people from all walks of life coming into the workforce. Thus, world companies have to now learn to deal with their changing diverse workplace by adopting new guidelines for their employees that promote harmonious interactions. The third change due to globalization is employee training as with the influx of culturally diverse individuals with various backgrounds, religions and ethnicities in the workplace companies have the responsibility to protect their employees from discrimination. So the employee training is where employees are offered training and guidelines that essentially discuss the appreciation of other cultures and perspectives as a way to develop a more inclusive, culturally diverse work environment.

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The globally focused curriculum followed by McDonough School of Business will expand my concept of globalization. I am aware globalization has benefited developed countries like the United States, or China. However, it has negatively impacted countries like El Salvador or Honduras, where global companies tend to go to for low cost labor, but where the expenses of living are as high as the United States. The global perspective I will develop in Georgetown University will provide me with the critical and analytical problem-solving needed to design and implement solutions to mutually benefit the United States and countries like El Salvador.

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This gives a lot of people around the world a try at other products instead of using the merchandise from the same companies over again. But there is a bad side of globalisation, if there are so many big companies around the world there won’t be any shops that have started in a little town anymore there will just be the big shops that are international. The impacts on globalisation are great; it gives a lot of people around the world to see

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Globalization is the process of increased interconnectedness among countries most notably in the areas of economics, politics, and culture. McDonald 's in Japan, French films being played in Minneapolis, and the United Nations, are all representations of globalization. The topic of globalization has become a hotly contested debate over the past two decades. In today’s marketplace conducting business internationally is as much of a defensive play as an offensive play. In examining the upside of going global, consider the sheer size of international markets as contrasted with the size of the domestic market and you will likely find that the majority of your potential customers live abroad.

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When I graduate I would like to work for a company that has global operations and potentially someday have the opportunity to work in a country outside of the United States. This experience would help give me an understanding of what it would be like to live and work in a foreign country in order to prepare me for future endeavors. I have chosen to take Intercultural Communication and The International Business of Sport during session one and Italian Cuisine and Modern Architecture during

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Like in Malaysia, you have to pay for it at your local store to buy tennis shoes. On the other hand, reduced labor costs will force you to pay less for new shoes. Trading allows consumers and countries to get access to goods and services which are not available in their own country. Almost every product in the international market can be found at food, clothing, accessories, petroleum, jewelry, stocks, money, alcohol and water part. Services include tourism, banking,

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Firstly, by doing export process sales for that country will increase. Exporting process is a one way to expand business and increase company sales potential. It can help expand product or services that the company earn money form, otherwise the company stuck trying to make a money only in the local market. As example ‘The Tarik’, the Tarik one of the famous beverages in Malaysia but people from other country can get it at their own country. In this case we can see that globalization give an idea for local business to expands and sell the product to other country by doing export process and its became well known for a few country which Singapore, Indonesia, Europe and

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I. INTRODUCTION a. BACKGROUND: Globalization is a process of interaction and integration among the people, companies, and governments of different countries, a procedure compelled by international trade and investment, and supported by information technology. Furthermore, this process has an effect on various other systems such as on the environment, culture, political systems, economic development and prosperity and lastly, on human physical well-being in societies around the world. “Since 1950, for example, the volume of world trade has increased by 20 times, and from just 1997 to 1999 flows of foreign investment nearly doubled, from $468 billion to $827 billion” (York, 2016). Technology has been another primary driver of globalization,

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The aim of this assessment is to reflect on what I have learned this semester regarding the module of Business in Global Context; from the lectures with the professor, the case studies done in class and the three previous patchworks that we worked on. We have learned that there are different internal and external components that affect the business environment, from corporate social responsibility to cultural and institutional framework; organizations must take into consideration all the factors related to the different parts of its environment. For the topic discussion, I will be discussing globalization and how it has affected the global business environment along with the key aspects and the different point of views regarding it.

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