User:JoseGarciaMunoz

The Role of Globalization in a Business World José Alejandro García Muñoz Walden University October 31, 2012

Assignment 4.3 English Composition Ernesto Aguilar Mondragón

The concept: Globalization in business and economy. Globalization is a worldwide movement where people from different countries and cultures that may or may or may not speak the same language interact with each other, in other words the world’s population. When it comes to business, globalization plays an incredible role; according to the Levin Institute (2012) “With international trade, financial transfers, and foreign direct investment, the economy is increasingly internationally interconnected”. We live in a world that has developed and stills develop when it comes to communication, technology, medicine, and economy.

Major contributions One of the greatest contributions that globalization has done, is that people can actually speak more than one language and even more. Learning a language it’s such a powerful tool to understand and comprehend a person that could be from the other side of the world in a conversation. In the business learning another language is essential, because it helps someone close a deal that could be worth millions of euros, also it adds to the curriculum, which can help someone get transferred to work abroad and overseas. The most important part of speaking another language is that it helps us communicate with others.

According to Mark Gunther (2012), “Shipping millions of containers of stuff around the world might seem to be bad for the planet, but in the long run globalization will help us solve our environmental problems”. Technology has given great steps in the past decades, and as we seen it lately some countries have decided to manufacture eco-friendly products. Therefore, this is where globalization takes place, because countries like Germany, Japan, and the U.S. have come up with great products, plans, and services. Then if it works in those countries there is a chance that it could work in Mexico too. When a country exchanges or shares a service and products to another country (it’s not easy because there are certain requirements, laws, etc. that have to be follow) there is this sort of relationship between the countries, and as business people we want that.

Technology as I mention before, has been a huge part of the globalization era. Communication has got better each day, and well in business now multinational corporations can communicate with each other through the internet and cellphones. Many companies now sell to their customers around the world via online, which makes things easy for customer, because now they don’t have to walk into a store to purchase.

My personal comments about the topic… First of all, I chose globalization because it’s part of the human history, but mainly because my career wouldn’t exist in the first place if it wasn’t for the world’s globalization. I think it’s really important to keep updating the information around us, since knowledge comes in handy at any job or place area, especially in my career. We also have to be aware of the laws that each country has so we don’t commit a felony. I also agree that technology has its pros and cons, but so far it’s important to know how to use to our advantage, and so does learning another language. When it comes to business I think that, if you talk to someone in their native language, the costumers, clients, or dealers could get more comfortable and confident about you. Finally, I want to add that, I know there are people out there that are against globalization, but so far I think that it depends on each person. We must respect others, so it doesn’t matter the race, sex, nationality, culture, social class, and religion, we all deserve respect.

Resources http://www.globalpolicy.org/globalization/globalization-of-the-economy-2-1.html

http://www.globalpolicy.org/globalization/defining-globalization.html

http://www.greenbiz.com/

http://www.greenbiz.com/blog/2012/10/24/why-globalization-mostly-green

http://www.disappearingamerica.com/tag/globalization http://globalizationtoday.com/

http://globaledge.msu.edu/blog/

http://importexportbusiness.blogspot.com/