Discuss Globalisation

Globalisation is a term meaning the way things like ideas and money spread nearly the globe to a greater extent and more rapidly and easily. A transnational corporation, or TNC, is a company with branches or workers in many different countries this is an casing of globalisation.Nike, for instance, is an Ameri stick out company which has branches in Mexico, India, Thailand, Malaysia, China, Taiwan, Canada, Spain, Portugal, France, Germany, England, Ireland, Italy, Australia and many more countries, especially in Europe, and has nearly all of its products manufactured in foreign places. This is a immense benefit to Nike because it means that they can ascertain the cheapest places from which to buy their raw materials, scram their products made where wages are lowest, choose countries that are easy to post goods to and from, and sell their products where retail prices are highest and batch are richest. In consecrate for a company to do well, it must reduce its costs and plus its sales, which is exactly what going global cooperates it to do.However globalisation does not except benefit the transnational corporations. It in like manner helps people in less economically developed countries where there are a lack of jobs, because the people can then work for the companies and earn wages. And because the markets are large, lots of jobs are avail fitting. The governments of LEDCs are pleased to have transnational corporations setting up businesses in their awkward because the wages help the sparing to balance out and the companies sometimes help them exploit the resources that they are not yet able to exploit for themselves. some other benefit of globalisation is that it increases promotion and advertising. If a company can push all over the foundation, then obviously it will make more money, and if, say for instance, Nike sponsored David Beckham who also happens to be famous instauration-wide, then both Nike and man Utd would be able to sell more me rchandise.Going global creates employment, spreads refinements, and helps companies baffle more successful, however it is not actually a benefit to ein truthone. galore(postnominal) people object to the way cultures are becoming mixed. Western culture is eroding and undermining the cultures of countries like China and India where TNCs make their money. Its a shame to bear the valuable ways of life and traditions of countries like these in order for the world to turn into one giant America.The main enigma is the fact that the people where the TNCs feature their products made are badly exploited for their work. Because the transnational corporations trust to find the easiest and cheapest way possible of manufacturing their goods, their employees often work in very bad conditions and get paid the lowest wages that their employer can get away with. And whats more, as soon as the company they work for find somewhere cheaper, theyll move their factory there, leaving hundreds of peop le suddenly unemployed. Because the TNCs labour so much of the profit for themselves, they actually settlement the countries from developing.There is also the fact that because LEDCs often dont have environmental laws, the transnational corporations constantly back up the water and air where they make their products, and theres nothing anyone can do to stop it.So even though globalisation has its benefits, it is also a problem for a lot of countries. I think that if globalisation is going to be successful and become an advantage for everyone, somehow we need to find a balance where the economy is blank and people dont get exploited. This will be an extremely difficult thing to happen and will probably hold companies making less money, but should also mean that the world economy is more balanced and therefore companies wont need to have excessive profits.If richer and more developed countries helped less economically developed countries to grow, then eventually the world economy would become more balanced and equal, and companies in LEDCs would be able to start going global themselves, but this time it would be fair because cultures would be shared rather than invaded, and money would be distributed evenly. Unfortunately, this is never in reality going to happen.