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Essay / Research Paper Abstract
A 6 page paper discussing the "people-centered" benefits of international mergers of business. Globalization frequently is criticized for "westernizing" other cultures or attempting to, without acknowledging that cross-border merger activity can bring about benefits for workers that otherwise would not have occurred. Example is accusation of sweatshop labor in developing nations by companies such as Nike and Gap, and the resulting insistence of these and other companies that overseas operations be conducted under the same labor laws that apply in developed nations. Bibliography lists 9 sources.
Page Count:
6 pages (~225 words per page)
File: CC6_KSglobBene2.rtf
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Unformatted sample text from the term paper:
discussion of globalization centers on exploitation of uneducated, poor people in developing nations. Businesses moving manufacturing, mining or other operations to developing nations venues frequently are castigated as being
exploiters of disadvantaged humanity, seeking only their own financial gain and associated benefit for their shareholders. Critics of globalization refuse to see any benefit at all, which has been
the case in complaints about companies such as Gap and Nike. Employee Benefits In some
cases, the charges have been valid. Many Asian and other nations see no real problem with sweatshop conditions or child labor, but that is where one of the benefits
of cross-border merger and acquisition lies. Critics have charged that cross-border merger and acquisition "westernizes" developing nations, imposing Western culture in places where it does not belong.
While true that most cross-border merger and acquisition has been West-to-East, the reverse also was true before Japans bubble economy stumbled. As Japanese companies
moved into the US to circumvent protectionist factions seeking insulation from the effects of free trade in the consumer electronics and auto industries, workers in the areas local to new
locations of Japanese companies came to see an entirely different world. Employees were valued for their efforts as well as their ideas, they were empowered to function as valuable
members of self-directed teams. These effects combined with the increasing pressures of global competition served to improve conditions in which "blue collar" - hourly, semi-skilled - workers performed their
duties. One of the benefits is that globalization brings other perspectives into areas where they would not otherwise exist, thereby improving the quality
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