Business,Globalization,However business, insurance Business Globalization
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However, the hostile sides can be clearly differentiated. While employers and businesses celebrate business globalization employees (especially in developed countries) are not really happy with this phenomenon. In order to find a compromise it is important to understand the core principles and driving forces for business developing globally.For the employers viewpoint globalization in business has a great number of advantages. First, businesses can expand their trade areas throughout the world. It will definitely increase profits and turnovers. Secondly, globalization gives opportunities to reduce labor costs and production costs. Nowadays businesses turn to developing countries areas where they can construct factories, buy and fit equipment and employ staff for considerably lower costs that those required in their developed countries. The businesses benefits in globalization turn into the real disaster for European employees. Due to decreased number of job offers (especially for workers positions) many people has remained jobless and have now to defend their rights to be fed and sheltered by meetings and numerous protests against globalization. On the contrary side, developing countries workers feel happy to work for European employers who can offer them various jobs paid much higher than their previous native employers.So should be separate two worlds or find some ways to join them? If separation seems as a hostile way how unification can be achieved? Here a good legislation system should developed. The new laws should restrict companies globalization if their movement to another country will cause some damage and loss for their native citizens. There should be also some methods of compensations and social payments in order to support native country, and this question cannot be solved without mutual agreement to start discussion rather than arguing. Article Tags: Business Globalization
Business,Globalization,However