The Importance Of Learning Globalization

As the progress of science and technology development and the growth of time, economic development is becoming more extensive and go global. The organization like the World Trade Organization emerged is a global political and economic system that encourages cross-border investment and trade, as the ideal economic field of the world as a single huge market, has rapidly increased its influence in different ways in different regions through the expansion of multinational corporations and industrial networks. In such a world economic system, developing countries focus on the export of food, raw materials, minerals and logs. Those governments encourage global trade and provide subsidies to achieve the regional economic competitive advantage. It gives multinational companies a chance that can choose and hire the employees in lower wages and low standard of employment and environmental conditions. We know that when an enterprise wants to expand its support content, assets, and messages between different cultures or markets, it faces operational and organizational challenges. Globalization is a way that dealing with these challenges in business strategies. Globalization is achieved through internationalization and localization.

As we would go traveling and buy products from overseas brands. Even we do not want to start the business, we would still touch with globalization because we may work as an employee for an international company. Also, the foreign affairs would affect our domestic growth and it could happen at anytime. So, we should know more about the information around the world. This is why we need to learn Globalization and Business. After this section of the teaching, I think the teachers had used lively way to teach us. Even the economic theory is very cumbersome, but with her teaching experience and clear ideas and explanations, it helps me to organize and understands the course in an easier