Mne Globalization
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Nguyen Phan QuangFinance 56C11143634Question 1Despite all the advantages of globalization, MNE activities, they both create many problems as well. There are some problems would be listedUnemployment and job loss in local countryEnvironment damaged such as global warming, air pollution, water pollution..The differences between rich and poor people are much largerMore rivals from other country leads to unfair competitionImbalance the capital flow in local and foreign countryLost of country and local culture due to importing good service and foreign culture, especially in developing countryMaking local government hard to control importing factorQuestion 2 Despite all the problems mentioned above, we cannot deny the globalization’s advantages and influences. Some arguments are listed belowGenerating a less cost, more profit and much quantity sales in company’s operationEmployees receive more salaries and benefitsImprove people’s living standard and company’s ability of compete in many kinds of marketImprove people’s willing to create and adapt to new technologyBetter economy leads to more high-educated people and their carefulness to the environment. Therefore, environments may be preserved by people and regulationMotorola invests in China as well as build a good education system for their peopleBill Gates, Warren Buffet and other billionaires offers their profit from globalization and contribute to health care system, people living in poor country..Technology plays the main role in globalization. It enhances the quality of communication, informations, international investment and capital flowTechnology creates many ways to compete and outperform competitors, differentiae products and target a lot of market segmentsTechnology improves the quality and productivity through high tech device and manufacture, robots and better materialsTechnology influences the daily working of each people through social media (Facebook, Twitter) and internet service such as Google, LinkedInTechnology provides more precise decision of company and individual by its unlimited abilityQuestion 3Governments also play an important role in globalization
Essay About Poor People And Good Service
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