Analysis of Germany Cancels Verizon Contract over Snooping Fear Article - Essay Example

The article itself is indicative of the power and impact of globalization for a number of reasons. Firstly, it underscores the ramifications that governmental actions can have on business and/or profitability that a multi-national company can hope to achieve. Secondly, it underscores the way in which the growth of a reputable and well-known US telecommunications giant can eventually create a situation in which international pressure and disagreement, some might even argue illegal actions, create a situation in which the entire business model falls in jeopardy.

Although the reader might assume that the NSA snooping scandal is somehow separate from the issue of international business or globalization, the fact of the matter is that it is not; instead, the NSA was using these snooping practices to gain a strategic advantage over German firms and not necessarily as a means of stopping or intercepting terrorists. ReferenceMyers, G. (2014, June 27). BBC News - Germany cancels Verizon contract over snooping fear.