Diversity when properly managed and implemented, contributes immeasurably to the growth of a business. As such, prioritizing diversity in business activities as a social responsibility does not only benefit the community the business is located but also promotes growth within the business environment. Diversity has been seen to be the premise for a healthy human reproduction and development. It is also needed to complement the ever increasing rigidity and interdependence that exists in the global business environment. Nielsen and Nielsen, 2013 postulated that “global firm have been shown to perform better because of diversity.” But they further explained that the management of diversity is very crucial as the world is increasingly becoming interconnected and complex.
Income inequality acts as a means to “wake people up” and make clear to them their need for higher education and more hard work to obtain more money, and thus, more success. As income inequality increased in China and America, there arose a correlation to the increase among men and women of all races and ethnic backgrounds. Despite the fact that income inequality could cause people to make poor decisions and make them insecure in society, income inequality improves the economic systems in America and other parts of the world by serving as a motivation for people to achieve much greater things in the desires of changing their station in life for a happier
So too was the distinction of value which developed during this time, where amount of labor impacted the value of the goods, making it more expensive and more importantly--- more taxable. Merchant traders took advantage of this expansion and community development. They understood that trade opened up foreign resource opportunities and alliances. Providing them additional products to resale. Making profits from the gap between wage workers, production costs and resale.
Increasing globalization requires more interaction among people from diverse cultures, beliefs, and backgrounds than ever before. People no longer live and work in an insular marketplace; they are now part of a worldwide economy with competition coming from nearly every continent. For this reason, organizations need diversity to become more creative and open to change. Therefore maximizing and capitalizing on workplace diversity has become an important issue for management today. Companies need to focus on diversity and look for ways to become totally inclusive organizations because diversity has the potential of yielding greater productivity and competitive advantages.
Was imperialism good or bad? Imperialism was in between, but it is more yes than no. There were many problems during the imperialism. Some are good and some are bad. Imperialism is good because there became more empire and power, money, increase in naval power, better trade, social darwinism, jingoism and god, better life for others.
Some issues such as culture conflict between immigrants and native or security of the country has happened at an increased frequency dramatically. According to BBC news, “said Brunson McKinley (2005), head of the IOM: "We are living in an increasingly globalized world that can no longer depend on domestic labor markets alone. This is a reality that has to be managed"”. Even though increase in immigrants means government has to spend money to make citizens more secure, the whole economy can benefit significantly have a huge
In the last few years, the world has been growing more than ever towards the cosmopolitan ideology. This is the result of ethnic heterogeneity, like racial and ethnic backgrounds, religion, culture and ability in a community of people, which continues to play a part in an individual’s or a country’s development. Such growth in variety has its pros and cons. The strengths of a diverse society are cognizance of humanity and ethnic cohesiveness. A flaw would be the possible making of a divided nation.
A lot of migrates hold up our economy, therefore without it the countries could break into chaos. Social reasons include diversity in the country, and the mix of cultures providing new and different though unique ideas from all over the world. Also it provides a sense of freedom, and gives people more opportunities in careers, and lifestyle. It provides a sense of freedom
As globalization expands, so does inequality. As mentioned before, rising inequality can lead to racial bias for scapegoating. Expanding of globalization calls for higher demand for more skilled workers especially in North America and Europe. This has led to the demand for foreign workers. On the other hand this created indignation by those in the country who are not benefitting economically from globalization.
Nowadays, in the light of the development in technology, especially in transportation and media, trade and communication has increased rapidly among countries. This trend is called globalization. Generally speaking, globalization has its own advantages and disadvantages. The development in international trade and communication has created employment and opportunities for millions of people, but it has also made poor countries poorer. In my opinion, globalization has both positive and negative aspects.