Citizens and globalization Term Paper Example | Topics and Well Written Essays - 1500 words

Citizens and globalization - Term Paper Example Globalization can also be said to be as the intensification of the worldwide social activities which has been linked to economic and social activities of the economies (MacGillivray, 2006). The goal of globalization is to provide business world an utmost competitive advantage while having low operating cost to gain worldwide consumers, goods and services. Globalisation uses the diversification phenomenon for the use of resources. It is a strategy that provides a long range of products and services. It enables businesses to compete worldwide by diversification because it includes risk reduction in international trade. It promotes economic growth and performance for a nation. Looking at these factors it can be said that the people around the world do not resist globalisation. It is not a new factor even it has an economic roots i.e. international trade, finance, migration and ideology. The people as the members of the society as the consumers should behave positively with respect to globalization as this gives them the advantage to have a varity of goods and services from around the world (Ilmberger & Robinson, 2002). Globalization also involves innovation due to the commercialization of national technology across international boundaries that is high tech products (includes all electronic, electrical products etc.), all this helps consumers to have better goods and services and take the advantage of technology which is not available locally. Globalisation boosts international travel and tourism indirectly due to the international business. Immigration between countries, formation of free trade zones, growth of cross cultural contacts, enhancement in worldwide culture etc. is increasing due to the globalisation. This is leading to the improvement in the cultural and business practices of the nations and developing people and their business. As the consumer the people are getting advantage of getting different products and services which they have