We can understand Globalization as a process of interaction and integration among the people, corporates, and governments of different nations, a process driven by international trade and investment and aided by information technology.

1. GLOBLIZATION
PRO VS ANTI
GLOBLIZATION
WHAT IS GLOBLIZATION
We can understandGlobalizationasaprocessof interactionandintegration amongthe people,
corporates,andgovernmentsof differentnations,aprocessdrivenbyinternationaltrade and
investmentandaidedbyinformationtechnology.Globalizationhasanimpacton the
environment,onculture,onpolitical systems,oneconomicdevelopmentandprosperity,andon
humanphysical well-beinginsocietiesaroundthe world.
Globalizationhasbeenacontroversialissue.Proponentsof globalizationargue thatitallows
poor countriesandtheircitizenstodevelopeconomicallyandraise theirstandardsof living,
while opponentsof globalizationclaimthatthe creationof anunfetteredinternational free
markethas benefitedmultinationalcorporationsinthe Westernworldatthe expense of local
enterprises,local cultures,andcommonpeople.Resistance toglobalizationhasthereforetaken
shape bothat a popularandat a governmental level aspeopleandgovernmentstrytomanage
the flowof capital,labor,goods,andideasthat constitute the currentwave of globalization.
PRO VS ANTI
1) The single mostcommunicatedreasoninfavorof globalizationisthatithelpsinthe
growthof native aswell asthe foreigncountry.Openingof economiesof secondand
thirdworldcountrieswill helpforeigninvestorstoinvestmore freelyandconfidentlyin
these marketsandwill make the local manufacturerscompetitive atthe global level.
Theyalsoadvocate that globalizationwillresultinoptimalutilizationof resourcesacross
the world.Whenthe source will be locatednearthe market,the cost of goodsreaching
the end-userwill reduce manyfoldstherebymakingthe commodityavailableata
cheaperrate.Andwitha smallerturnaroundtime.Re-aligningthe unitsatplaceswith
lowerinstallationorrawmaterial costs(includinglabor) willalsohelpinreducingthe
cost of manufacturingandhence will be inthe benefitof the customer.Inthe same
amount,customerwill be able tobuymore thingsthanwhat he has beenbuyinginthe
A S S I G N M E N T : G L O B A L B U S I N E S S E N V I R O N M E N T

2. Pro-Globalization vs Anti-Globalization
past.Balancedutilizationof raw materialsacrossthe continentsisalsofavoredbythe
ecologiststowardsmaintainingthe ecosystemonearth.
2) For a verylarge corporation,globalizationhelpsthe companytoremove the
bureaucracyand flapthat ithas acquiredoverthe years.Inthe presentdayworld,a
companyneedstobe flexible andshouldhave zeroquotientof snobbishness.Ithasto
be agile andimpulsive tosurvive.Expandingcompanyoperationsinanew markethelps
companyto trimdownthe extrafatit has gainedandre-instatesthe bloodvesselsinit.
At the same time,italsosavescompanyfromthe riskthat mayarise due to competition
myopia.Companiesseeeachandeverycompetitornomatterhow bigor small closely
and watchtheirmoves.Thissavescompanyfromanysurprises& shocksinthe future.It
keepsthe companyyoungandavoidslethargyandcomplacencyfromenteringinto
corporate culture.
3) Anotherwidelypromotedreasonof globalizationisthatithas made the entire world
borderless.Inventionshappeninginone countrycanbe usedinmanufacturinggoodsin
anothercountryfasterthan everbefore.Today,companiesare launchingthere newer
modelsacrossthe worldat the same time.Exceptforthe lagdue to time zone,there is
hardlyany humaninitiateddelayinlaunches.Withthe adventof internet,youcan order
productsbeingmanufacturedindifferentcountrieswithoutsteppingoutof yourbed.
Thisis a remarkable progresswe have made due toglobalization.Companiesare now
workingonglobal deliverymodel.Theyhave officesandwarehousesatdifferent
geographicplaceswhichtheyhave consideredstrategically.The ideaistoreduce the
time spentsince the orderbeingrecordedtill the time productbeingdelivered.Itisa
case inhistorywhenatechnological developmentinEurope orUSA usedtotake
decadesbefore theywouldreachAsiaorSouthAmericaor Africa.Now,as soonas Nokia
unveilsitsnewphone atitsHQ,the model isavailableinAsia/Africaforsales.Inother
words,the technologydivide hasbeenfilleddue toglobalizationandthe laghas been
reducedtremendously.
4) Pro-globalistarguesthatglobalizationwill create new employmentopportunitiesin
variouspartsof the world.For eachoffice beingsetup,companieswillbe requiring
hundredsof people toworkinthemat differentlevels.Settingof officesinthese
countrieswill alsomeanthatforeignexchange will be flowingintotheireconomyto
cater to expensesowedbythe office intermsof constructioncost,wagesandother
tasks.A higherinflowof foreignexchangewill boostthe economyasawhole andwill
raise the livingstandardof the individualsthere.A higherstandardof livingmeans
betterlivingconditions,betterhealthandcivicamenitieswhichimpliesahealthynation.
Promotersof Globalizationalsoargue thatglobalizationwillbringinbettereducation.
MNCs will require skilledandmore professional peopletoworkforthemthereby
creatinga demandforsuch professionals.Inordertofulfillthisdemand,people would
be trainedbothat school and college level sothattheycan be absorbedbythe
companies.Thusinlongrun,globalizationwillcause the educationsystemtobecome
more jobsorientedandadheringtodemandsof jobsininternationalmarket.

3. Pro-Globalization vs Anti-Globalization
5) Withglobalization,justlike corporates,people will alsothinkat global levelandhence
we will see lotof movementsof people fromone countrytoanotherinpursuitof their
careergoals.Thiswill resultincrosscultural bondingbeingdevelopedbetweenvarious
races of people interactingwitheachother.Withopenmarketscomesanincreased
mixingandclashingof differentculturesandpeople ishappening.Thiscanalsobe a
goodthingbecause itcreatesincreasedinterdependence,which,intheory,reduces
conflict.Forexample,free-marketcapitalismincreasesthe costsof warbecause warring
countrieslose marketsandinvestorsandthentheireconomiesplummet.Friedmanhas
a theorythat the crisisbetweenIndiaandPakistanwasdivertedinpartbecause the
Indianswere afraidof losingtechjobsfromAmericancompanieslikeGE,Microsoftand
AmericanExpress.
6) Anti-Globalistshave anotherargumentthatthe goodsbeingmanufacturedinother
parts are notup to the standard/qualitywhenbeingmanufacturedlocally.A recent
newsarticle hada reportthat paintsbeingusedforcoveringtoysurfacesinChinahave
highlevel of leadwhichisinjurioustohealthof humans.Suchcase of negligence or
consumptionof poorqualityraw material canbe disastrousas companiesare
compromisingonquality/safetytosave cost.Thiscan alsobe viewedinthe lightof
ethical compromise bythe companiesandcanresultinthembeingpulledintoalaw
suit.The companyhas to keepa checkon qualityof the productsbeingmanufacturedat
otherplacesand hasto ensure thattheycomplywith the qualitystandardsof the
marketwhere theywouldbe sold.
7) The Anti-Globalistarguesthatthe large corporationswill resultincorruptionof the true
culture.Theyhave a thoughtthat bigcorporationsdon’tjustsell physical butemotional
productstherebychangingandpervertingthere cultural landscape.Aspeopleare
usuallyconservative abouttheircultural andsocial traditions,theyfeel offendedwhen
someone triestoinfluence theirculture.Adventof these brandsintolocal marketsof
developingcountriesisprimarilytargetedtowardsyouth.Hence thisfurther
strengthensthere case againstglobalists.
8) Anti-Globalistarguesthatglobalizationwill resultinconcentrationof the wealthintheir
countryin the handsof fewindividualswhereasthe majorityof populationwill still
remainpoor.At the same time,theyalsoargue that globalizationwill actasa drainto
theirnatural resourcesandeconomy.The corporateswill take outall the wealthfrom
theirnationandleave themwhenthere wouldbe nothingmore totake.Inotherwords,
people are callingglobalizationasamodernday colonializationof the world.
Althoughthere are multiple discussionhappeningforproandanti-globalizationbutmyview is
globalizationisbetterforbettertomorrow althoughitshouldbe takencare withcautious.
Systematicapproachisrequiredandshouldbe takencare of individual countryculture asall the
civilizationsare notsame sodoesthe people andbehavior.
REFERENCE:
1. Wikipedia
2. http://www.globalization101.org

4. Pro-Globalization vs Anti-Globalization
3. Some individual blogsandarticlesavailableoninternet