This report examines the relevance of Taylorism in contemporary business, concluding that its principles remain beneficial in certain areas, particularly in job division and assembly line processes. It also explores Friedman's flat world theory, affirming the effectiveness of the iron rule of globalization while acknowledging that its impact is not uniform across the globe and varies by region. The analysis considers cultural differences and the applicability of Taylorism in skilled versus unskilled labor contexts, as well as the implications of globalization on developed, developing, and underdeveloped countries. The report uses examples like call centers and social media platforms to illustrate key concepts and concludes that while Taylorism is valuable where skills are limited, globalization's benefits are unevenly distributed worldwide.