I fully support globalization. There are several reasons and examples, why I think so.
Firstly, globalization positively influences the world’s economy. To be more specific, technology and science help companies to develop better business processes and become more competitive and productive. For example, in the era of globalization Mercedes Benz produced fifty per cent more cars only because globalization enabled it to establish close business contacts.
Secondly, during globalization international capital flows into the countries. In other words, gross cross-border capital increases faster due to the fact that businessmen from different countries, in compliance with their interests, invest in private and public companies. They often focus on making privately-negotiated investments in technology, energy and commodities and of this lead to increase capital flows. For instance, trading of commodities, such as, coffee or avocados became popular only because of global consumption, which resulted in international capital flows into the country.
Thirdly, foreign operations and branches are established in countries. More specifically stated, to go global, companies need counterparts all over the world to better run their businesses. Globalization is the best platform to do so. As a result, companies have better performance. For example, my father has a small business and thanks to globalization he expended worldwide, which brought him significant success.
In conclusion, the reasons and examples given above, clearly illustrate why I fully support globalization.
I
fully
support globalization. There are several reasons and
examples
, why I
think
so
.
Firstly
, globalization
positively
influences the world’s economy. To be more specific, technology and science
help
companies
to develop better
business
processes and become more competitive and productive. For
example
, in the era of globalization
Mercedes Benz
produced fifty per cent more cars
only
because
globalization enabled it to establish close
business
contacts.
Secondly
, during globalization international
capital
flows into the countries.
In other words
, gross cross-border
capital
increases faster due to the fact that businessmen from
different
countries, in compliance with their interests, invest in private and public
companies
. They
often
focus on making
privately
-negotiated investments in technology, energy and commodities and of this lead to increase
capital
flows.
For instance
, trading of commodities, such as, coffee or avocados became popular
only
because
of global consumption, which resulted in international
capital
flows into the country.
Thirdly
, foreign operations and branches
are established
in countries. More
specifically
stated, to go global,
companies
need counterparts all over the world to better run their
businesses
. Globalization is the best platform to do
so
.
As a result
,
companies
have better performance. For
example
, my father has a
small
business
and thanks to globalization he expended worldwide, which brought him significant success.
In conclusion
, the reasons and
examples
given
above,
clearly
illustrate why I
fully
support globalization.