Analyze the impact of globalization on businesses and the challenges and opportunities it presents.

#impact #globalization #businesses #challenges #opportunities

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There is growing sentiment related to

globalization

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and how it impacts

people

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's life. To understand deeply about globalisation, we need to know what

this

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means.

Globalization

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can be simply understood as the growing interdependence of the world's economies, cultures, and populations. It brings both challenges and opportunities for individuals and companies too. In

this

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essay, I will discuss how it affects

people

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life

Replace the word

lives

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and give some clear examples.

To begin

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with, the one main challenge that

globalization

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brings

people

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's life is that it highly creates competition in the domestic market in some countries. In the modern world today, some developed countries

such

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as America or Japan have their own modern machines, effective tools, and smart science products that have a strong tendency to enter other markets, and from that point, it creates much pressure for local companies.

For example

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, in Finland, the appearance of some famous

technology

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brands

such

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as Apple or Samsung has created pressure on the local company, Nokia. It plays a part in why they have faced a business recession.

On the other hand

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globalization

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with effective support from

technology

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brings many advantages for both personnel and companies.

However

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, I will mention the most effective benefits of

technology

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that brings global connections quicker and faster than in the past. Information

technology

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has enabled businesses to attain greater reach. Nowadays,

people

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can work online, get quick communications, or run businesses through emails, text, instant messaging, websites, social media platforms, etc. A counter-example is working from home during the Covid-19 pandemic.

People

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can work, connect, and have meetings, and conservations through meeting apps

such

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as Zoom, Skype, Teams, etc. These apps are really convenient and helpful. In conclusion,

globalization

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opens up many opportunities for working and studying for everyone. If we can take advantage of global change, we can do many meaningful activities for ourselves and

also

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for society.

Submitted by khanhlinh151123 on Thu Apr 13 2023

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Your opinion

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Don’t leave your opinion until the conclusion.

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...do you agree or disagree?...do you think...?...your opinion...?

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7
Linking words
meeting the goal of 7 or more
3
Word repetition
meeting the goal of 3 or fewer
1
Grammar mistakes
detected issues

0123456789.0505

Overall Band Score

Coherence and Cohesion: 7.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 8.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 8.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 5.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

310 words

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Analyze the impact of globalization on businesses and the challenges and opportunities it presents.

Your opinion

Many animals are endangered in the environment. Some people argue that we should only protect those endangered animals that are useful to human. To what extent do you agree or disagree?

New technologies have changed the way children spend their free time. Do you think the advantages of this trend outweigh the disadvantages?

Many people in poor countries die from diseases that are curable because they cannot afford the medication required. Do you believe that drug companies should make their products available at reduced prices in these countries?

Taking professional and personal risks is quite necessary for many individuals. I firmly believe that the profits of being risky such as success and an interesting life outweigh any drawbacks.

Some children spend hour every day on their smartphones. Why is this the case? Do you think this is a positive or negative development?