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Essay / Research Paper Abstract
A 3 page paper discussing some of the benefits of globalization and the dynamic effects that multinational organizations can have on a host country. Of course there can be detriments, but higher-plane organizations strive for bringing a higher standard of living to the communities in which they operate and adhere to increasing standards of corporate social responsibility (CSR). Bibliography lists 3 sources.
Page Count:
3 pages (~225 words per page)
File: CC6_KSintlBusin.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. In some cases, the charges have been valid. In others - and
in growing numbers - multinational organizations understand that they have responsibilities in their host countries that can improve individuals lives. Increased Standard of Living
There are many reasons that developing economies are "developing," rather than already being developed. Singapore stands as an example - and a goal - of how an impoverished
nation can develop its economy to come to be listed by the Organization of Economic Cooperation and Development (OECD) as officially achieving "mature" status.
Singapore began its quest for modernization and sustainable development in 1960. Only 35 years later, it was mature and poised to overtake Great Britain in per capita GDP;
only the Asian currency crisis prevented that from happening at the time. All of its advances were based on the capital invested in
it by other nations. The source of the capital is less important than the results that capital was able to bring, however. Any economic activity carries a monetary
cost, and only capital - from whatever source - can satisfy that economic cost. No developing economy in todays business environment can reasonably expect to grow sustainably without it.
Globalization of business brings in capital from foreign sources as no other could. Greater Corporate Social Responsibility Activities Many business organizations have
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