We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Negative Impacts of Globalization - Assignment Example

Comments (0)
Summary
The negative impacts of globalization Introduction The world has grown as a global village over the centuries, resulting in increased integration of the different cultures. Advanced technology has removed the intercultural differences. Businessmen in one country study and explore the culture of a different country in order to be able to better interact with the businessmen in that country by respecting their cultural norms and values…
Download full paper
GRAB THE BEST PAPER
Negative Impacts of Globalization
Read TextPreview

Extract of sample
Negative Impacts of Globalization

Download file to see previous pages... This paper discusses the potential negative effects of globalization. The negative impacts of globalization Increase in unemployment One of the most frequently debated consequences of globalization is outsourcing. As more and more people from the developing countries migrated to the advanced economies, employers in the host countries started to take benefit of it by offering jobs to migrants instead of the local citizens. This saved them the cost of business as the migrants agreed to work upon salaries significantly lower than what a local candidate with the same level of competencies and abilities would ask for. Migrants are “ready to work at one-fifth of what someone in developed world may call 'low-pay'” (Pillai, 2011). A vast majority of such migrants come from such countries as India and China to the advanced countries like Canada and the USA. A lot of people in the developing countries are competent in spoken English and are eligible to serve in many areas including the customer service field. While globalization has brought fortune for the migrants as well as their home countries in terms of remittance, the local citizens of the developed countries are very upset and often outraged upon the increasing tendency of the employers to replace them with the migrant workers. They feel like their jobs are being taken away. Many of them accuse the migrants for the socioeconomic issues that keep surfacing in their countries from time to time. Mismatch between work load and salary There is a significant percentage of migrants who have reached the advanced countries through illegal channels. Such people are ready to work in the host countries at any cost. Employers take advantage of their situation and make them take a lot of work-load for a minimal wage. “Women work two-thirds of the world’s working hours, produce half of the world’s food, but earn only ten percent of the world’s income, and own less than one percent of the world’s property” (members.tripod.com, n.d.). Although many migrants are earning much more than they did in their home countries, yet they have to go through very tough circumstances on daily basis in order to maintain their living in the host countries. Spread of racism This issue is linked with the one just discussed. A lot of people in the developed countries are not satisfied with the quality of customer service they receive from the migrant workers. They either express problems understanding them and accuse them of not speaking English with reasonable competence, or complain that the worker offended them because of his/her lack of awareness of the cultural and social norms and values of the host country. Such encounters between migrant workers and the indigenous people have “caused a lot of animosity among people and has added to the dissent that people already have against outsourcing” (Pillai, 2011). Most of the issues are unnecessarily overemphasized upon. These kinds of problems lay basis for racism that is often complained of in the developed countries. Decline of developing countries Many people are of the opinion that globalization has benefited the developing countries by enabling their citizens to earn money abroad and send to their homelands as remittances, but very few of ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Globalization: Strategy and Impacts on IKEA
Globalization: Strategy and Impacts on IKEA 20 Nov 2011 Table of Contents Background 3 Theoretical framework 4 Analysis - application of theory to evidence 7 Conclusions & Recommendations 10 Referencing & Bibliography 12 Background "The concept of globalization refers both to the compression of the world and the intensification of consciousness of the world as a whole" (Benedikt Kiesenhofer cited in martinfrost.ws.) The reason of this dynamic and disruptive world may be the uninterrupted change of the international economic environment that demands continuous development of the social sciences and above all in the areas associated with business.
8 Pages(2000 words)Assignment
Negative Impacts of Technology
For some, it is not possible to imagine how life would be without technology as part of it. For most complex things that were traditionally perceived as impossible, technology has provided safe, secure and fast solutions that contribute to higher performance.
24 Pages(6000 words)Research Paper
Positive and Negative Impacts on International Business
These extensions used to arise from the movements of ideas, things and people. The term globalization cannot be defined in terms of integration or internationalization. Globalization depicts the interaction across several cultures of different macro-social forces (Dasgupta, 2004, p.214).
20 Pages(5000 words)Assignment
Discuss the positive and negative impact of globalisation with reference to two contrasting countries. (two countries are UK a
The major factor responsible for the globalization process is the evolution as well as revolution in information technology that has facilitated business activities, long distance communication, banking transactions, introduction of innovative and cost-effective technology accessible to the masses, and employment generation in almost every sector.
4 Pages(1000 words)Assignment
Globalization and HRM Strategies
According to the paper globalization has also seen to an extensive and increased use and exchange of technology. Technology is a critical tool in competition as it is essential in ensuring quality of goods and services. Additionally, globalization has seen that a company like Sony improves greatly on its information and knowledge transfer which, much like technology is important in helping the company stay connected and informed of emerging customer preferences.
5 Pages(1250 words)Assignment
International Marketing Management
The youth of Pakistan is always willing to try new items that come in the market. They are fond of eating ice cream and ice cream desserts. Launching such an item in this market would be really beneficial for the organization. Consumers in Pakistan are familiar with ice cream products and always wishes to have a new and different flavour (Pakistan, 2006).
12 Pages(3000 words)Assignment
Globalization
Most manufacturers now find it cheaper to produce and distribute their merchandise in other countries. At the same time, consumers are finding it cheaper to buy such products; this promotes international commerce and enhances other aspects of business like transport and
2 Pages(500 words)Assignment
Globalization
The 20th century mark a new era in international trade as the globalization movement took off after the Second World War. The globalization movement has interconnected the economies of the over 200 countries around the world. Globalization can be defined as the
2 Pages(500 words)Assignment
Assignment 1
globalization from various perspectives; one being that of its impact on competition among nations, and the other being how countries shall adapt to the impacts of globalization. In the paper, economic globalization is evaluated and described. The issues that have surpassed
1 Pages(250 words)Assignment
Negative impacts of tourism
During the period of economic recession the activity of the world economy contracts and the demand for oil also decreases and as a result the price of oil falls significantly. The present fall
12 Pages(3000 words)Assignment
Let us find you another Assignment on topic Negative Impacts of Globalization for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us