Critical Evaluation of Globalization and its Impacts on Small Business Enterprises and Multinational Firms

Critical evaluation

Table of Contents
LITERATURE REVIEW ...............................................................................................................3
REFERENCES..............................................................................................................................11

LITERATURE REVIEW
As per the Rodrik, (2018), globalization has been considered as the process which inextricably
have the tied the level of competitiveness within the global systems by having proper
implementation of the theoretical perspective in term of privilege position in more way of
analyzing the current trends. The author also added that the globalization have the clear of focus
ion the historical level of evolution which have led rte existing to found the relative level of
position in the international hierarchy. On the other hand, the Verbeke, Coeurderoy and Matt,
(2018) contradicted that due to globalization era have crated the increase level of
competitiveness among the countries different sector business. This have the caused the real
damages to the environment aspects as the increase level of production by the different business
in order to meet the global demand. The author also added that the increased level of production
mean more and more use of natural resources which is regenerated the negative impacts over
environment in more significant manner.
According to the views of Vivarelli, (2018), globalization have providence of better access to the
larger markets as the companies and developing countries want to have the expansion in term of
consumer base in more perfect manner. The companies want to have expansion in selling the
products to the different region all around the world by boosting up there respective sales in the
process of more money making. On the other hand, the Sajuyigbe, Alabi and Adewale, (2016),
contradicted that the developing countries have just failed to have the strict rules and regulations
in order to have reduction of over exploitation of resources. The author also supported the
argument stating that the developing countries are tasking more level of advantages of the tax
regulations as the process in more level of increase in manufacturing the products which is
considered to more level of harmfulness to environment.
As per the views of Rodrik, (2018), because of globalization there is existence of a large
variety of companies are moving in ares where the cost of production is considered to very low.
As the companies have purely the level of focus of the efforts of the improviser the level of
quality so that they re clear increase the proper valuation of the company at international level.
On the other Hirasawa, (2019) contradict satiating above statement that the increase level of
competitions have cause the wide range of fluctuation in the currency prices at international
market which is effecting the export and import of companies in more negative way. The author

also supported the arguments as UK companies have reduction in prices which will be negative
impacts of the profitability the company. This circle turned as the viscous circle and ultimately
will lead to the laying off of workers which will however lade in increase in level of
unemployment in company.
As the effected of globalization, the investment in the multinational campsites have strengthened
the economies with increase in level of balance of trade. There is increase in level of investors
who have the major considerateness in looking up of different opportunities around the globe to
find out the best opportunity to expand. Through globalization economies of different countries
are becoming more connected to one another since they depend on each other for trade.
On the other had the Sajuyigbe, Alabi and Adewale, (2016) contradicted that
globalization has been identified s the double edge sword which have created the level of
unemployment opportunities in more of developing countries by reducing the manufacturing
cost. As in the context of the contrast countries that is India and China, many of the companies
have expanded in India from China as the wages are the manufacturing cost in the developing
countries are more. Hence, it can be stated that the globalization have taken the clear job from
the one country that is developed to another developing countries. This can be considered as both
positive and negative impacts as per the different level of perceptiveness.
As per the Yang and Tsou, (2019), there s the more level of positive and negative
impacts on the companies in recreation to developed countries and developed one along with
analyzing the level of interrelationships. The structure of the globalization in having the market
ecosystem which not have the homogeneous which have the perseverance of the national level of
competitiveness growing with line which is considered to be more level of convergences along
with competitiveness. There is clear level of implementation in term of cooperative principals
which is having new paradigm of the economic globalization. In the addition to the Hirasawa,
(2019) stated that the more level of technological innovation which is in termed being regarded
as the introduction of economy of new knowledge along with combination of existing one. In
addition to that there are combinations which is having proper interactive learning process.
on the other hand, there is the important level of distinctive discussion which is being made
between the invention and innovation. The globalization have been identified as the interactive
process which is the caller recombination of political and economic factorizes. As the former
have the trying of the connections with economic analysis with having protective level of