Friday, January 3, 2020

Globalization Argumentative Paper - 717 Words

Globalization Argumentative Paper XXXXXXXX PHL/320 05/11/15 XXXXX Globalization Argumentative Paper The term globalization based on business ideas can be defined as the process of extending to other parts of the world to develop an increase in the integrated global economic system from utilizing cheap labor from foreign markets, free flow of capitol, and free trade. This can all be good for business in that it makes operating in foreign markets more efficient. The term good can be defined as having profit, advantage or benefit. Therefore, globalization is good for business in that it benefits the organization by increasing profit in other world markets. (1, Premise) When a business operates in an open†¦show more content†¦Deductive Reasoning I think the best example of deductive reasoning is the general examples that were listed that support the argument that leads to the conclusion that globalization is a good thing. Globalization does more then several things that are beyond question at the end of the day. Firstly, it creates jobs, which is a priority to the econom ic success of any market. And second, it improves infrastructure while also allowing more people to live at a higher global level. I used deductive reasoning by looking at how globalization affects businesses both positively and negatively and weighed out the options. References Baines, H.V., Ursah, J. (2009). Globalization: Understanding, Management, and Effects. Retrieved from The University of Phoenix eBook Collection Data Base. Parker, B. (2005). Introduction to Globalization and Business: Relationships and Responsibilities. Retrieved from The University of Phoenix eBook Collection DataShow MoreRelatedPhl 320 Critical Thinking and Decision Making in Business Complete Class996 Words   |  4 Pagesfrom this course? Write a paragraph summarizing the discussion. 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