Globalisation

Globalisation is a tendency for the world economy to work as one unit, led by large international companies doing business all over the world.

This process has its advantages and disadvantages. The great advantage of Globalisation is that it increases the competition. Companies have to order their affairs so they compete in global market. Global companies usually provide good standards of quality, and this quality is stable. Moreover Globalisation helps to solve problems of unemployment in the countries of the third world.

But the same time advantages are outweighed by a large number of disadvantages.

The first one is that in some countries international companies rule the roost and strongly influence government’s actions.

In the future the process of Globalisation will gather pace and the power of companies would increase.

The other problem is one of the unemployment in the western world. As companies want to improve their profitability, they are looking for the low-coast centres. We are just about to see a change  in global economy, because of the addition the china and India to the global labour maker.

So we are going to see the flight of capital from the west.

One if the best examples of global company is Gillette. The US razor maker. It views the world as a single country. They sell the same products, use the same production methods, have the same  corporate policies all over the world. And their one-size-fits-all strategy has been effective.

The other company that is turning to global is Boeing, The world’s most successful aircraft maker. The Boeing’s chairman want’s Boeing to be a “Global enterprise”.. This would mean increasing the number of countries of operation. He also want his company to lose their national image.

As for me, I’d like to work in global company. The reasons are that first of all global companies are stable and my profit will be stable. Than there are opportunities to make a good career. And at last most of global companies provide good opportunities for travelling, I can admire all over the world by business trips.