Thursday, 13 March 2014

Globalisation week 7

Week 7

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.

No comments:

Post a Comment