Globalisation Coursework Example | Topics and Well Written Essays - 3000 words

globalization - Coursework ExampleGlobalisation ushered the unavoidable priority to comply with market forces, when compared with complying with the local governments economic prerogatives (Barrera, 2008). The ethics of the global economy forces local governments to bend to the strong pressures of the global environment to come to terms with the global market economic agreements (Ervin, 2008). Likewise, a social club that is locate in the linked States can sell similar products to current and future customers turn up in Japan, Korea, or Singapore, without fearing globalisations line of reasoning climate change (Greenwald, 2008). In addition, a company that is located in Argentina can send its products to current and future clients located in the United Kingdom (Homann, 2007). The above discussion clearly shows that the risk of not finding current and future customers for the companys products is reduced. The opening up of the global marketplace to a company located in any part of the world reduces the risk of not generating the companys required revenues. Globalisation reduces Expense Risks Globalisation has leveled the playing field, in terms of generating expenses. ... In addition, the hammer manufacturing company located in Poland can purchase its quality manufacturing raw materials from a supplier located in Sweden (Bella, 2009). An apparel making company that is eagerness up in Peru can buy its clothing raw materials from preferred current and future suppliers located in Dubai (Marmolejo, 2012).The above discussion offers convincing proof that globalisation drops the related risks of not finding current and future suppliers for the companys raw materials. changing from dealing with only the local communitys current and future suppliers to the bigger global list of current and future suppliers decreases the companys risk of not finding available raw materials. Globalisation reduces Profit Risks Globalisation has leveled the playing field, in terms of generating profits. A research shows that many countries have benefitted from their embracement the global business environment. Some of the countries that benefitted from globalisation include East Asian nations, India, and China. Later, some African countries joined the globalisation bandwagon. The global business market fraction triggers corresponding both positive and negative effects on the nations local industries (Das, Another Perspective on Globalisation, 2010). A book publishing company that is set up in Russia can profit from selling its books in Vietnams bookstores, in compliance with the states liberal minded political leaders penchant to get into the global business stage (Blum, 2008). A food company that is located in New Zealand can dependently profit from exporting its products to Australia (Lane, 2008). A car manufacturing company can profit