Answered: What is your view of Globalization in…

What is your view of Globalization in the workplace? Don't just offer the pros and cons, which are important. I want your own viewpoints regarding this topic as well.

Principles of Management

OER 2019th Edition

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax

Chapter6: International Management

Section6.7: The Necessity Of Global Markets

Problem 1CC: What are the factors and approaches that organizations can take when deciding to go global?

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What is your view of Globalization in the workplace? Don't just offer the pros and cons, which are important. I want your own viewpoints regarding this topic as well.

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Jobs and capital are moved around the world as a result of globalization to locations that require them. It provides rich countries with lower-cost resources and labor while providing jobs and investment dollars to developing countries. Free trade is advocated for. As a result of globalization, countries are under pressure to lower tariffs, subsidies, and other trade barriers. As a result, economic growth is boosted, jobs are created, businesses become more competitive, and consumer prices fall.

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