Globalization is
the human activity, which extend to all parts of the world. Globalization can be influence to
economic, financial and trade. However, It also has more opportunity to
communicate with all around the world.
Globalization can be positive effect economic for trading. There are
considering the positive and negative. In terms of positive, most business is
trading from all around the world, such as import and export. That is good to
expand the business, since the money came from external. Therefore, the
government is likely to gain money from tax. As a result the economic will be
positive. As regarding negative of economic, some people will set up the
manufactory to the developing countries, it is probably created more pollution
as well as competition, such as China and India. It also damages the people’s
health. People will spend the person cost to the hospital. So it is not only
detrimental to the individual, and also costs to the society.
Culture is the characteristics of particular group of people from
language, religion, social habits and so on. Some people like remaining the
tradition culture without others. That is a barrier of trade when people come
to your country. Homogenization is the culture that all people remain the same.
That maybe affects people for positive and negative. Homogenization is benefit
for people to run a business, since they don’t have conflict between culture
and social habits. Some people may concern about homogenization. It may not
ethic for some country such as history. Political is relating to government in
its country. This is based on the relationship with different countries, since
political may due to lost money if it’s occur civil war. However, Political can
also use the communications systems during the international trade. So this is
quite convenient.
To sum up, globalization can impact positive and negative for business.
Sometime this can expand a business rapidly as well as survive for a long time.
But this is essential to consider the negative such as pollution and barrier to
run business.
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