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

and how it impacts

people

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

this

means.

Globalization

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

essay, I will discuss how it affects

people

life

Replace the word

lives

show examples

and give some clear examples.

To begin

with, the one main challenge that

globalization

brings

people

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

such

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

, in Finland, the appearance of some famous

technology

brands

such

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

globalization

with effective support from

technology

brings many advantages for both personnel and companies.

However

, I will mention the most effective benefits of

technology

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

technology

has enabled businesses to attain greater reach. Nowadays,

people

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

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

such

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

globalization

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

for society.

Submitted by khanhlinh151123 on Thu Apr 13 2023

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Your opinion

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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

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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

Some people think that children should be raised by all family members like grandparents, uncles and aunts and not just parents. Discuss both side and give your opinion?

In some countries, more people are becoming interested in finding out about the history of the house or building they live in. What are the reasons for this? How can people research this question?

Some people say that the only reason for learning a foreign language is in order to travel to or work in a foreign country. Others say that these are not the only reason why someone should learn a foreign language. Discuss both these views and give your own opinion.

You arranged to visit a friend in England but an important event at home happened, which means that you must change the date of the visit. Write a letter to your friend. In your letter, • explain the important event • apologize for the situation • suggest a new arrangement

These days, mobile phones and the internet are very important to the ways in which people relate to one another socially. Do the advantages of this development outweigh the disadvantages?