Globalization Assignment | Corporate Social Responsibility
6 Pages1497 Words62 Views
Added on 2020-06-06
Globalization Assignment | Corporate Social Responsibility
Added on 2020-06-06
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Table of ContentsINTRODUCTION...........................................................................................................................1Task .................................................................................................................................................1Globalisation...........................................................................................................................1Corporate social responsibilities.............................................................................................2Immigration............................................................................................................................2Laws and individuals..............................................................................................................3CONCLUSION................................................................................................................................3REFERENCES................................................................................................................................3
INTRODUCTIONPresent report will be based on several topics like globalisation and corporate socialresponsibility.In addition, Immigration and law and individual will also be discussed. Theadvantages and disadvantages of globalisation will also be described. Furthermore, there is aninsight view of immigration in UK. Lastly this assessment will discuss about law and theindividuals. Additionally, there is an assessment on how effective corporate social responsibility(CSR) in UK.Task GlobalisationThe meaning of this term is expanding business all across the world. It can also be saidthat it is a process in which various enterprises make investments to increase their businessinternationally. It happens with help of different technologies available in marketplace.Globalisation can be beneficial or profit less for entities depending upon what strategies theyapply for it (Baylis, Smith and Owens, 2017). In case of UK, it is also one of those countrieswhich faces both pros and cons of globalisation. There are several advantages and flaws of thisprocess that are given below:Advantages: UK organisations have seen huge growth due to trading globally. It contributes toincrease employment and wealth to the nation. Because of this, the resources can be allocatedeffectively to different productive sectors (Chojnick and Ragot, 2016). It is taking jobopportunities for people to next level which helps to improve living standard of individuals.Citizens can get employment from extension to international markets. Big enterprises can alsocreate competitive advantage even if they sell products of normal quality. Furthermore, countrieslike UK can be benefited in terms of scaled economy.Disadvantages: There are various disadvantages of globalisation. Due to this, the job distributionbecomes unequal. Therefore, it is promoting poverty among citizens. Many of the employees ofUK organisations have been lost their jobs because the entities find workers from other countrieson very low salaries (Crane and Matten, 2016). This increases unemployment. Due to lack ofoccupational mobility globalisation results in economic drive. It generates imbalance inpayments or can cause late payments. There are also various activities between UK and othercountries that generate imbalance between them.1
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