[max2000]

What are the effects of globalisation on the power and responsibility of firms?

[smoothy]

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[max2000]

Actually I finished ,just want to see how u guys answer this question

[smoothy]

So why don't you post your answer so we know you actually did it? That way we can see it, and critique it. Call me a skeptic... with homework answers, if I don't see it.. then it doesn't exist.

[max2000]

What are the effects of globalisation on the power and responsibility of firms?

ABSTRACT
The main purpose of this term paper is to show the effects of globalization vis-à-vis the power and responsibility of firms. Globalisation has given firms greater powers while reducing their responsibility. Their powers are increased because globalisation allows them to be more present in many countries around the world as they affect lives, environments and economies in these various places tremendously. Their responsibilities are reduced particularly in the third world because their headquarters are in far away places in the capitals of developed nations. The states in which they are operating lack the political and legal capacity to hold them accountable.
The techniques used in collecting the data were through the library research by using the database which consisted of; articles, journals and e-books and books from the library.
The data suggested a negative correlation between the power and responsibility of firms. Based on the research done it was found that firms are using globalization as a means to get rich and snatch away the economic potential of the communities, leaving them much poorer than before. However, depending on where you stand there are positive impacts of globalization that has been brought about such factors as exportation of culture, awareness about rights and a voice to the forgotten communities.
Introduction
Globalization is the tendency of business ideas, technological innovation, knowledge and philosophical thoughts to spread from one place to another making the world seem to be a global village whereby everything seems to be interconnected even though they are far apart from each other. According to Masson (2001, 2) “globalization is a phenomenon whose economic dimension involves increases in the flow of trade, capital and information as well as mobility of individuals across borders�. Jeffery (2002) on the other hand defines globalisation as the process of enabling financial and investment markets to operate worldwide.
Some social and political scientists have argue strongly that the sprout of globalization has proven to be detrimental to this world as a whole due to its adverse impact on social, economic and political aspects of life.
Argument
What we should be asking ourselves, however, is not what globalisation has brought instead we should be asking ourselves on the advantages and disadvantages of globalisation and whether it has a better outcome to solve the world's nuisance. They may be important actors, but this doesn't mean they have to solve international problems. Some may no longer find the importance of national distinctiveness, but that doesn't mean they have world individuality and commitment. Businesses perform worldwide, but that doesn't mean they “reflect� and “be anxious� internationally. Beneath you will find advantages and effects of globalisation on firms and power.
Effects of Globalization
The opinions on the effect of globalisation are highly polarised with pro-globanisationalists claiming that it is good for business across international borders. They also say it is one of the methods of empowering the masses and enrich them at the same time. The anti globalization activists hold a completely radical view; they see globalisation as an instrument for the bourgeoisie to completely control and manipulate the proletariat across borders. The proletariat in his case can be the developing and under developed countries in the world. While the bourgeoisie are the MNC's and developed countries in the world.
According to Harvey and Novicevic (2002), different factors that steer increasing globalization can be grouped under four wide categories: 1) Macro-economic factors, 2) political factors, 3) technological factors, and 4) organizational factors. Macro-economic factors include, for example, an acceleration of technology transfer among countries and a rapid increase in populations in emerging economies (Harvey & Novicevic, 2002). Political factors refer to privatization, deregulation and trade liberalization of many nations in favor of free flows of trade and investments (Eden et al. 2001; Hafsi, 2002).
Technological forces such as advance development in communication and transportation technologies, which promote growth in international business transactions, are also key drivers of rapid globalization (Graham, 1996; Knight, 2000). Organizations such as multinational enterprises are another major agent of this process (Eden et al. 2001; Harvey et al. 2002). Shifting organizational strategic attention towards a more global mindset is an example of organizational forces of globalization. Consequently, these forces have inevitably caused changes in the global marketplace. Such changes can be viewed as effects of globalization, which ultimately have impacts on firms.
Since the 1980s, the world has witnessed dramatic changes in the international and global marketplace. Liberalization of world trade and capital markets led by globalization has created a new and challenging competitive arena for all firms (Nolan & Zhang, 2003). With the trend towards more interdependence among nations, several changes in the business environment have emerged. There has been an emergence of global markets for goods, services, labour and financial instruments.
A Fading Dream
I believe that globalization, particularly as it relates to the spread of large corporations and the establishment overseas of manufacturing lines and processing plants, has had a devastating effect on the worlds poorest. The negative impacts on poor communities in the Third World can be observed on various levels. These include the environment, the economy, and the socio-political systems of the countries.
The advent of globalization meant that things could no longer take their natural course. In the developed world this meant that rapid profits could be made at a much faster rate as new markets are opened and cheaper labour and natural resources are made available. Production could now take place in an environment where large firms can be totally detached from the direct negative repercussions of their actions on the lives they claim to be improving.
As John Sweeney (2000), AFL-CIO President Lecture to the International Conference of Free Trade Unions Convention, “We've seen the result (of globalization). The spread of sweatshops. The resurgence of child labour, prison and forced labour. Three hundred million more in extreme poverty than 10 years ago. Countries that have lost ground. A boom in busts in which a generation of progress is erased in a month of speculation. Workers everywhere trapped in a competitive race to the bottom.
Just over a year later in July 2001, former United States President George Bush, a strong proponent of free trade and the globalization agenda said that “… those who protest free trade are no friends of the poor. Those who protest free trade seek to deny them their best hope for escaping poverty.� These statements are a strong reminder of the constant debate that goes on between politicians and social scientists on opposite sides of this ever widening divide.
Countries and communities that have served as hosts to the mercenaries of globalization have been robbed of the opportunity to follow the natural course of their history. MNCs have stepped onto the political scene in these countries by heavily backing, with the support of the governments and economies from which they come from, candidates that support the industrial imperialist agenda. This support has come at the expense of democracy and the representation of the will of the people. These governments are given total support as they carry out the agenda of he brokers that put them in power.
Beyond the legacies of the Cold War, wars in the Third World have been a reflection of the battles that take place between industrialized nations for the control of natural and labour resources. The recent war in Cote d'Ivoire come as a stark reminder to this ever increasing occurrence.
The environment, which is in many ways the people's last safety net, has been adversely affected by this phenomenon. Because weak and undemocratic governments are propped up as puppets of their larger and stronger, and shadowy puppet masters, proper legal procedures cannot be followed and adequate legislation is barred from being passed in the halls of parliaments – legislation that would otherwise curb the negative impacts the large production units have on the environment.
Economically, the poorest of the world have been trapped in the ever widening cycle of poverty. With low wages, inadequate working conditions, severe breaches to International Labour Organization regulations, the men, women, and children that find themselves in this trade are confined to a life with few opportunities for sustainable self-empowerment and development. The economies of the countries in which they live are desperately dependent on these large MNCs for their sustenance.
When rivers are polluted, children are born with disabilities, entire ecosystems are wiped out, and the earth's life support mechanisms are destroyed, the authors of this destruction are far removed both physically and psychologically from its impacts. From their world headquarters in Berlin, New York, Washington DC, London, Amsterdam, and Paris they make beautiful speeches and produce expensive commercials that are all a huge campaign to create an illusion of corporate social responsibility and responsiveness to the needs of the masses of indentured servants they have acquired over the years through the vehicle of globalization.
This can all be summed up as a fading dream. The aspiration of the Third World to grow economically and reach the level of equal and recognized partners in the development of its people has turned into a horrid nightmare from which many may never wake up. This fading dream has taken away the aspirations of young people in the developing world to attain education, lasting peace, and a chance to be positive contributors to the future of their children in a manner that, for most developing nations, is irreversible.
While globalization may present progress in the West, for developing countries it is the emblem of shame and disillusionment. International free trade policies have been accompanied by a laissez-faire attitude from the world's most powerful governments at the expense of the poor, the weak and the unsuspecting. Globalization has brought about a new wave of colonization far more vicious that what many have come to know as neo-colonialism. It is essential the enslavement of entire nations through heavy debts acquired through dubious means. This slavery, brokered by capitalism is at the core of a unilaterally established Western policy to exploit the developing world. It is an enslavement of the mind and the body as intellectual freedoms are taken away and material needs and desires are never met.
Globalization has also had adverse negative effects on the developed world too. This comes out when one looks at the level of inequality within the countries. A big percentage of blue and white collar jobs in the developed countries have been taken by the third world. These are mainly the hands on low skilled jobs like, manufacturing of clothes in factories. High school graduates in the western world used to be able to do this as a way of earning a living but now they are on the unemployed sector of the economy. On the flipside of this, it might appear like the companies are creating jobs in the third world but the jobs they are creating are sweatshop type business that pay workers considerably less money while highly exploiting them.

Advantages of globalisation
Despite the enormous effects that globalisation brings to this world there are also some advantages that don't hinder the progress and development of the world which need to be addressed. They are as follows; Globalisation has increased free trade between nations and liquidity of capital allowing investors in developed nations to invest in developing nations. Due to globalisation corporations have greater flexibility to operate globally and also through global mass media the world has been re-united together. Furthermore we have seen an increase flow of communication around the nations which allows individual to share vital information with corporations.
Conclusion
Considering the advantages and disadvantages of globalisation on the power and responsibility of firms, in the glow of the breakdown that has been done in the framework of this paper, my argument is that as much as globalisation may be foreseeable, its penalty for individuals are distressing. It is therefore, my disputation that, there is need for a suitable response to emerge from individuals with a clear understanding of the dynamics that will optimistically help to progress measures that will trim down the shattering effects of globalisation. Hence, I outline the following questions: what should be done? Does globalisation really help in firms and how?
We can also ask ourselves whether globalisation of firms and the power they get from it, is considered to be advantageous to the society. But a better question is how we can have firms that are globalised and respond to the “norm� problems; that are pollution, poorness, respect for human rights and equality.
In addition based on the above article it's about high time that the third world county start to realise that the rich nations are just using globalization as propaganda to try and control the third world county such as inequality whereby all the blue and white job collars have been taken by the developing countries mainly because they are cheap labour.
Last but not least I would love to recommend to firms/organisation to put the proper use of globalisation rather than manipulating individuals worldwide just for the sake of achieving their goals. It's also a high time where people should know there rights and reverse the brain drain activity that has been going on in this world day in day out.

[Wondergirl]

Did you make an outline first?

Is this the entire paper?

What's your thesis statement?

It wanders around all over the place and doesn't seem to make any solid points and support them. The grammar, punctuation, and sentence structure need a lot of work too.

[max2000]

OK thanks, I ll work out :)