What is your view of Globalization in the workplace? Don't just offer the pros and cons, which are important. I want your own viewpoints regarding this topic as well.

Understanding Management (MindTap Course List)
10th Edition
ISBN:9781305502215
Author:Richard L. Daft, Dorothy Marcic
Publisher:Richard L. Daft, Dorothy Marcic
Chapter3: Managing In A Global Environment
Section: Chapter Questions
Problem 7DQ
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What is your view of Globalization in the workplace? Don't just offer the pros and cons, which are important. I want your own viewpoints regarding this topic as well.

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Jobs and capital are moved around the world as a result of globalization to locations that require them. It provides rich countries with lower-cost resources and labor while providing jobs and investment dollars to developing countries. Free trade is advocated for. As a result of globalization, countries are under pressure to lower tariffs, subsidies, and other trade barriers. As a result, economic growth is boosted, jobs are created, businesses become more competitive, and consumer prices fall.

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