Implications of Globalization for Businesses and Society

GLOBALIZATION

TABLE OF CONTENT
INTRODUCTION.......................................................................................................................................3
MAIN BODY..............................................................................................................................................3
CONCLUSION...........................................................................................................................................6
REFERENCES............................................................................................................................................7

INTRODUCTION
Making a company get international which is expanding from one country to the others is
known as globalization. This can help the businesses to grow and gave a larger customer base for
themselves which can help the company to have higher revenue generation. There are a lot of
factors which can influence the organizations to expand themselves there analyzing all the
internal and external factors are a very important factor. The report consists of the implications
which are present for the industries and society in general for globalization to take place of the
businesses. There are a lot of changes which the company has to make so that they can make the
company go international and the company will be able to have a larger customer base.
MAIN BODY
It is very important that all the businesses get international which is why they will be able
to achieve their objectives in the market very quickly which is a very important factor.
Businesses have a goal or mission which is that to earn maximum profit by satisfying the
customers and by getting more customers in the company. To get more customers in the
company the company must expand themselves so that they can have a better functioning for
themselves (GEORGE, 2018). There are a lot of factors which the organization has to analyse
before they get international which is the external and internal factors which can influence on the
organization if they expanded in the other countries. There is a change in culture which is
observed which is why the company will have to analysis and get the changes in the functioning
of the company so that they can satisfy the customers in the other countries also. It is very
important that the culture of the organization matches the culture of the society so that the
company can have a better functioning for themselves which is a very important factor for the
organization so that the organization can have a better working. The companies have to provide
the customers with their best services so that they can have a better reputation in the market. This
factor can make the company have a strong portfolio for them which is a very good factor for the
business for a long run (Lerner and et.al., 2018). One company can function in other countries
which is going to make the company understand the customers even better and add up to their