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Some have said that globalization is not only an imperative for survival and fut

ID: 1104570 • Letter: S

Question

Some have said that globalization is not only an imperative for survival and future growth, it is the inevitable consequence of business expansion.
Prepare your arguments for and against this statement. Some have said that globalization is not only an imperative for survival and future growth, it is the inevitable consequence of business expansion.
Prepare your arguments for and against this statement. Some have said that globalization is not only an imperative for survival and future growth, it is the inevitable consequence of business expansion.
Prepare your arguments for and against this statement.

Explanation / Answer

Globalization is imperative for survival and future growth

1. Globalisation is bringing the world together because of increased cooperation among the countries of world. some country has an abundance of labour and others have in the capital . So with globalisation, factors of production can be moved from one country to another thus furthering cooperation.

2. Bussiness all around the world in order to earn more profit are opening their subsidiary all around the world. this has led to business expansion, increased demand for the product , product variety to customers. Bussiness expansion has brought the world together where people are enjoying the goods produced somewhere else. Businessman, in order to earn more profits, has taken to globalisation.

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