In the field of Biology, Darwin (2009) argues that only the animals who can adapt have a chance to continue their species and survive. The same could be said about companies in a globalised world, with internet that enables information to travel the planet in a second and airplanes fly international flights every day as examples, only the firms who knows how use these “factors” might survive. Thus, globalisation, which Hobsbawm (2003) defines as the scale of the trade in goods and services and as the mobility of production these items, the movement of information, financial capital and people, has helped maintain an international competition in the business world the same time as creating positive opportunities such as jobs for disadvantaged people, international investments and available for all products essentials. This essay will explore and examine the positive economic aspects of globalisation in this new competitive environment, which is full of new possibilities, despite the negative effects on local economies.
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According to Schmitz (2004), this happens because the owners of these companies, lack management skills, the capacity to produce more, capital to improve their technology and market power to expand their horizons. In addition to this, Parrenas (2005) indicates the low quality of facilities and the abuse of workers, tolerated by some multinational companies, as another big problem for the population of these developing countries who do this because hunger and
According to Schmitz (2004), this happens because the owners of these companies, lack management skills, the capacity to produce more, capital to improve their technology and market power to expand their horizons. In addition to this, Parrenas (2005) indicates the low quality of facilities and the abuse of workers, tolerated by some multinational companies, as another big problem for the population of these developing countries who do this because hunger and