Essay on Globalization : The World 's Best Talents And Greatest Ideas

2575 Words Oct 4th, 2016 11 Pages
“Globalization has changed us into a company that searches the world, not just to sell or to a source, but to find intellectual capital - the world 's best talents and greatest ideas”. (John Welch) Globalization is driven by numerous factors, a few are trading and barriers, people movement, communications, and technology.

As trade increases so does contacts. The higher the contacts individuals have the fewer barriers there are in between people and businesses. Over the years trade has been increasing as a result of globalization. With the removal of trade barriers throughout the world, it can help raises the growth rate of trade between the countries. Another barrier is people 's movement, with various of job seekers, new business, and expanding the business. (Forces) One benefit of the people movement is that many developed countries attracted more immigrants than other undeveloped countries. Additional incentives while attracting people and new and growing will follow then businesses was the with economic in the areas of wages and labor demands, as well as the political and religious freedoms, that are offered. The declining barriers also offer a free flow of products and capital to developed and undeveloped countries. One concept to think about with communication and globalization is that everyone has a different way on how they communicate. (Forces) Culture is one factor, words, phrases, or gestures can have a different meaning in each culture. One item…

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