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Essay / Research Paper Abstract
A 9 page paper arguing that the current approach to globalization causes unemployment and loss of union jobs in the US. This paper is not a tirade against the "evil corporation," but an examination of the needs of business weighed against responsibility and integrity. Certainly it is more difficult for public companies to meet analysts' estimates of earnings and so preserve their own well being in the face of higher operating and labor costs, but a few companies have demonstrated that it's possible. Post-boycott Nike and Starbucks are used as examples. Bibliography lists 12 sources.
Page Count:
9 pages (~225 words per page)
File: CC6_KSlabGloSwt.rtf
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Unformatted sample text from the term paper:
that are not available in other forms. Introduction The American middle class, those who snapped up three-bedroom tract houses in the 1950s; sent
their children to college; saved regularly even if the amount was small; and both built and undergirded the American economy has been disappearing at an alarming rate over the past
two decades. As was predicted several years ago, the middle class has been shrinking for years as those close to the bottom end have descended into the "working class"
while many fewer have climbed into the upper reaches of the countrys economic strata. Much of this shift can be attributed to the
changing nature of the American economy. The natural shift of maturing economies is that they move from agriculture to industry to services as the largest contributor to the overall
economy, and American workers have seen this in action as textile, automotive and other factory-based jobs have moved inexorably outside the US. Though the forces of globalization can be
highly positive in many respects, they also can be destructive where their destruction is neither necessary nor desirable. Businesses Goals Few businesses set
out to be international "bad boys" seeking out poor, uneducated people to exploit beyond all belief. Rather, they seek to minimize costs while maximizing profits as external Wall Street
analysts proclaim that they should realize quarterly earnings of x amount per share. Missing analysts estimates by even a single penny can cause investors to sell off their stocks,
damaging the value of the companys stock and potentially decimating its market capitalization, the capital that costs the company the least to acquire.
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