Professional Documents
Culture Documents
Choudhari
MYP - 5
25 February 2018
Globalisation
Increase in Availability of Goods
As in the modern everyone is always looking for easier and faster methods to
achieve things that they want. Due to which most of the people are accepting
globalisation and following it. We can see the results of the acceptance of globalisation,
there is so much of increase in the availability of goods of various kinds in various places
of the world. Due the huge impact of globalisation, many people have been benefited
financially a lot, due to demand the companies selling their products need to appoint
more and more workers, due to which the population is being used and also they are
having a way to have a livelihood. Whenever a company or a country comes to globalise
both the governments make a mutual understanding with each other so that they both
shall have equal benefits. At the end both the sides are comfortable with the agreement,
because of which we can access most of the goods very easily. For example, the
medicines which are invented by whichever country, are very easily available in any
place of the world.
Globalisation 1
Liberalisation in government taxes and subsidies has resulted in easy import and
export through the world. Globalisation has led to many improvements in the present
society. The increase in imported products entering the country has given inspiration to
most of the companies. Companies have developed new manufacturing process to
improve their products and compete with the other Multi National Companies. This has
resulted to the improvement in the quality of all the types of products. The end user is
greatly benefited as he or she will be able to choose between which quality is better and
also which sis the appropriate cost for the user. For Example when Apple was launched
in India , many people found it very costly and hard to adjust. But in the transection of
time we can how see that how many people are using the products of Apple. Due to the
arrival of Apple in India many other companies of India have tried to copy the concepts
of Apps and make touch phones, etc.
Globalisation 2
once a product becomes old many people want to upgrade the product and discard the
older version of it. Many organisations are taking initiative to protect the environment
and make it green and healthy to live in. But some countries due to their stubborn laws of
globalisation are not at all supporting the process of reducing the pollution. At the end
this, results to the deterioration of the environment. For example, when Apple launched
its first iPhone, everyone was very exited and using it, but once the second, theird, fourth
models came out the importance of the first iPhone was lost. Due which it results to the
wastage of it, and wastage also causes pollution.
Multinational corporations (MNCs) are companies that operate in more than one
country. They often have factories in countries that are not as economically developed
because labour is cheaper. Offices and headquarters tend to be located in the more
developed world. For example Unilever, McDonalds, Loreal and Apple. Lets consider
the example the of Unilever which has changed its policies as per the local laws and
consumer satisfaction. Unilever is originally U.K. based consumer goods company. Its
products includes food, beverages, cleaning agents and personal care products. The
Unilever company has its own pattern/procedure to enter into a country to establish a new
market and sell their products to the consumers. The company first observes the market
structure of a country, and then sends in the samples to the stores of the related products
for testing. If the result of the products come in good, only then they plan and establish a
manufacturing plant in the country. If there are flaws in the result of the products they
don’t go forward for the establishment of a manufacturing plant. Once the company
starts manufacturing its products in the country, it then manages the costing of materials
and labour, and then gives out the products at the desirable rate to create new consumers.
Also by giving the needed products at a good quality with a better price, the company
gains more customers than the other local companies. By this way the Unilever company
has been successful in opening its manufacturing plants in around 190 countries around
the world today.
Globalisation 3
Thus liberalisation of government policies to attract foreign investments brings
development in the country by increasing business activities. In this way if the World
Trade Organisation (WTO) convinces all the countries to join globalisation, all the people
in the world will be able to have an access to all the products, technologies and enjoy
various other things all over the world. Also then due to globalisation all the countries
will have equal financial growth in economy and will all be called developed. So in this
way the whole world would be benefited and also have a smooth economical growth.
Globalisation 4