Positive Impacts of Globalization on Business Functions

This report identifies the positive economic, cultural, and ethical impacts of globalization on different business functions within organizations. The research is conducted using primary and secondary research methods. The analysis shows that globalization has helped in increasing the flexibility in culture and helped in employing the employees belonging to different countries. It helps in enhancing the ability of the company to perform the functions of the business by the innovative ideas of creative and talented employees. The culture of the organization can be changed in a positive manner through involving the global standard in management of the human resources. The globalization has helped in increasing the productivity and the profitability by meeting the demands of the worldwide market of customers.