Globalization In The Us

GLOBALIZATION IN THE US 0

GLOBALIZATION IN THE US

GLOBALIZATION IN THE US 1

GLOBALIZATION

Globalization is the process by which companies, brands, artists, influencers, business

develop international influence. Globalization entails the process in which business brands start

to scale and operate on a global scale. Globalization involves developing increasingly integrated

economic market structure whereby there is a free flow of capital, and foreign market reduced

costs of production and reduced constraints on the international market. Furthermore,

globalization involves worldwide movement with the aim of achieving economic, financial, trade

and global communication integrations. In globalization, the relevant authorities create opening

on the local and nationalistic perspectives of the business structure creating an interdependent,

free world whereby merchant exchange the transfer of capital, goods, services across the

traditional national barriers and frontiers. Furthermore, embracing globalization has enabled

countries such as America, Mexico to sign trade agreements such as NAFTA, South Korea, and

the European Union developing embrace policies that increase market domain that ultimately

contributes to the success of the business enterprise. On the other side, globalization costs the

United States a lot of jobs through trade agreements such as NAFTA with countries such as

Canada, Mexico.

Globalization increases the business operations since it allows tapping best talents,

increasing revenue models of the business through free market systems and facilitates free

movements of services, goods within the marketplace across the world. Through globalization,

the technological innovation of United States has increased rapidly through the Silicon Valley

Bay Area. Startup enthusiast across the globe are granted access to the silicon valley eventually

disrupting the global space with innovative solutions that disrupt the worldwide markets such as

Google Inc., Facebook Corporation, Instagram, Youtube, and Twitter. Globalization has played

GLOBALIZATION IN THE US 2

an impact on technological advancement. Through innovative solutions, the technology plays a

more significant role in disrupting and improving the way of living of people through business

intelligence. Globalization enables success in efficiency, scalability and enables improvement in

creating enabling information systems that facilitate global interactions.

Globalization involves the process of exchanging ideas across the entire world spurring

increased interactions amongst governing bodies across the world through policies enacted via

legislative world governing bodies such as the United Nation Organization, the European Union

enabling a particular environment for economic prosperity. Globalization can be used to generate

free markets allowing society improvement through improving economic well-being.

Globalization aims to achieve better goods movement, free trade business approach, corporate

governance that assures business outputs are optimized.

However, globalization broadly implies the application of reduced restriction on trade

policies to the movement of people, knowledge, and technology across the international

jurisdictions in real-time instances. Globalization is a crucial indicator of the success of business

ventures and enabling the business corporation to expand the local market into common niche

base boasting the progress, efficiency, development and improved profit margin of organizations.

Furthermore, globalization ensures the business entity utilizes the market potentials by being

able to use the best talents available in the global jurisdictions.

ROLE OF UNITED STATES IN THE EXPANSION OF GLOBAL ECONOMY AND

INFLUENCE OF ITS PER CAPITA INCOME PROJECTIONS

The United States has immensely contributed to the economy and enables attainment of

world economic blueprint. According to U.S FOREIGN POLICY OBJECTIVE BLUEPRINT,

the United States production of goods & services (GROSS DOMESTIC PRODUCT) exceeded

GLOBALIZATION IN THE US 3

by about $ 10 trillion in 2002 income evaluation matrix. United States GDP per capita Income

projection estimates five times the economic structure of developing countries. United States,

with population metrics of about 1/20

of world projections, and account to about a third of

world economic structures and likely to experience advanced growth due to the effects of the

globalization theorem. United States has dramatically adapted to the world economy during the

past century. Globalization has increased the share of the international transactions & has tripled

the United States national economic governance portfolio. United States 30 percent of the G.D.P

of total output. Globalization has increased exports, imports and improved economic capita of

the United States. Exports such as Oil, Dakota increases the revenue streams based on expanding

their international operations. In America GDP, almost half of its income is obtained from the

derivation of the international trade protocols. Furthermore, about half of the public held

corporations is owned by the foreign investment portfolio. Financial capital investment is a

prerequisite contributor to a decent economic growth. United States business is accelerated by

the global prosperity and economic stability.

The United States has grown tremendously from the effects of globalization. Trade

integration has significantly boosted US economic projection to a positive percentile. The US

economy is $1 trillion richer as a result of adapting better trade tariffs and enhanced trade

integration governance portfolio. Financial globalization is a key determinant in ensuring the

business continuously escalates its potential economic growth due to better trade flows patterns.

Integration world economy enables acceleration of the United States market dynamics to meet

the objectives & milestones of achieving well-structured economic governance.

GLOBALIZATION IN THE US 4

HOW GLOBALIZATION AFFECTS UNITED STATES BUSINESS

Globalization is the main factor stimulating the growth and decline of United States

business over the recent decade. Globalization theorem affects the economy, business

dependencies, society and the environment required by the business to stimulate sales and

increase its market share. To directly prevent against the effects of globalization, the company

must fully understand its architecture & evaluate its impact on the attainment of business

projections. It is fundamental for the business ventures to understand the dynamics of

globalization so as to effectively compete with the growing multinational corporations.

a. COMPETITIVE ADVANTAGE

Globalization leads to increased competitions amongst the business firms each jostling

for the market share. Through competition, United States business entities increase their

productivity thus providing higher quality goods & services offered by the competing firms.

Competing for the market share can make the firms reduce the selling price points thus having a

negative effect on their revenue generation schemes. Competition metrics can result from

service, costs of production, price points, technological adaptations, quick response to the

products. In globalization theory, there exists a larger pool of users available within the market

dynamics. Customers have a larger pool of choice offered as result of globalization thus affecting

their consumer insights & thus affect firms that can’t keep up with the increasing competition

within the markets. Customer requires reduce prices thus making the business models

increasingly unattractive. Business ventures must comply with all the consumer preferences to

avoid losing the market share which has resultant effects on the losing profits margin. Global

GLOBALIZATION IN THE US 5

market influence makes the business to significantly adjust its price, quality of product and

service to meet the minimum-consumer expectations.

HOW DOES GLOBALIZATION AFFECT THE WORLD ECONOMY

Globalization enhances the world economy by making the world more connected and

creating a framework that promotes the world growth. In the 21

century, globalization has been

achieved through ways that mitigate higher growth index and making methods of

communication, transportation more innovative. The processes at which individual interact has

increased rapidly enabling individuals to interact at real-time instances. Globalization has

allowed success and growth in the following aspects, jurisdictions:

a. GLOBALIZATION HAS BEEN MADE EASIER THROUGH CREATION OF

BETTER TRANSPORTATION MECHANISM.

Globalization allows nations to exchange goods, services through the increasing modern

mechanism of transportation that navigate through the cross-border organization. Due to

a reduction of shipping levies, products can be directly shipped from the China Republic

to the United States of America (U.S.A). Furthermore, advanced demand upsurge for

shipping has spurred innovations towards attaining better containerization mechanization

that further reduces the shipping costs. Making transportation efficient, effective & real-

time is fundamental factor necessary in increased trade barriers through globalization.

This would ultimately boost sales generated revenue to the widening of the market share.

b. UP-SCALING DEMANDS FOR GOODS AND SERVICES PRODUCED IN THE

UNITED STATES OF AMERICA

GLOBALIZATION IN THE US 6

An up-scaling demand increases the base structure of corporations into multinational

increasing their revenue margin at the expense of small business enterprise. The major

pitfall of up scaling demand of product & services will reduce operations of the small

business entity due to competitive advantages offered by the superior business

companies. Up scaling purchase order provides Multinational Corporation higher capital

acquisition increasing its infrastructural investment necessary in meeting market demands

& shipping product across the entire world.

c. INCREASING OF JOB OPPORTUNITIES AND TALENT ACQUISITION

ACROSS THE GLOBAL ECOSYSTEMS

Globalization has enabled the US to outsource production, service across the world to

countries such as India, China in pursuit of better-skilled labor and cheaper labor wage

expenditure. Through this initiative, jobs in the developing nations such as India, China

increases. Due to higher availability of jobs in the United States, regulations allow

business entities to outsource their production and services to global ecosystems.

Outsourcing might improve service delivery and embrace innovation due to increased

space for quality jobs. Tapping into a common domain in pursuit of better talent can

ultimately generate into innovative, better problem techniques. A globalized trade

implication policy on wages has adversely aggregated to the overvalued U.S. dollar,

which acts to make imports cheaper and exports more expensive. Moreover, trade

implication extends beyond workers in tradeable sectors, since foreign competition drives

workers out of industries like manufacturing and into non-tradeable areas, such as service

jobs and construction. On the other hand, increased competition for these jobs amongst

competitors leads to further reductions in wages.

GLOBALIZATION IN THE US 7

According to Pivens “While much of the debate over globalization has focused on the

macroeconomic challenges of an overvalued dollar and a persistent U.S. trade deficit,

there are other impacts of trade that are worth exploring. Even if the value of the

dollar reaches a sustainable level and we succeed in reducing or closing the trade

deficit, working-class Americans will still face lower wages as a result of globalization.

Policymakers should pay close attention to the effect of trade on wages. We need a

trade policy that supports American workers.” U.S Federal government can draft

policies framework that taps into mechanisms, and correct methodologies of protecting

jobs in the U.S. pursuing better agreement enables expanding talent acquisition available

in the domestic markets easily & conformance to U.S statutory laws.

d. INTELLECTUAL PROPERTY

Globalization affects Intellectual Property value. Globalization makes it easier for

accessibility of protected content in real-time making policies for protecting intellectual

right much complex. Globalization promotes quality accessibility of products on time,

but on the contrary, side exposes the intellectual content to a larger pool of market

dynamics. Due to advancing in content piracy, this prejudices the value of intellectual

property making the demand-supply curve exorbitantly low. Despite escalating content

piracy, it's advisable for governing jurisdiction to enact laws that protect the intellectual

property of U.S citizens against imitations and legal lawsuits.

NEGATIVE IMPLICATION OF ECONOMIC GLOBALIZATION

a. Outsourcing work on the global ecosystems

GLOBALIZATION IN THE US 8

Global ecosystems offer cheaper labor pool that positive influence and provide an

advantage aggregate on the multinational companies. On the other hand, foreign

workplace can't control the quality of service rendered by the employees, shipping

expenses of goods & services and time delays of the work. The company must factor the

hidden costs rather than calculating the availability of cheaper foreign workplace labor

wage. Time delays, overseas shipping costs, and financial implication can ultimately

affect the outsourcing of work. Outsourcing jobs such as manufacturing,

telecommunication, Information technology doesn't guarantee the quality of work due to

factors such as language barriers amongst member nations.

IS GLOBALIZATION AN ULTIMATE SOLUTION TO UNITED STATES AND ITS

CITIZENS

The globalization effects have impacted the American Nation and its citizens to an

advanced level. Through globalization, market valuations for American exports have opened in

the United States promoting its culture. Globalization has enabled America to spread its

influence and gained superpower attribute as a return. Increasing market gap in the United States

has allowed the United States to sell more of their products boasting their revenue generation

models. Globalization plays a positive influence in the United States and the American Nation.

However, globalization can degenerate into adverse effects on the United States. The rise of

Multi-national Corporation in the U.S such as Google, Oracle, Microsoft, and Facebook can be

attributed to the ability of U.S governance policies that embraces globalization across the global

ecosystems.

Globalization enables the companies to sell their brands either on domestic markets or

can sell their product in the global ecosystems. This boasts the economic sustainability of

GLOBALIZATION IN THE US 9

countries across the world. Globalization has enabled increasing real-time communication

amongst nations and governing bodies such as United Nation, European Nation and trade

associations such as UNCTAD and BAFTA. This facilitates improvement in the emphasis of

international corporations. Globalization ensures total togetherness and embraces acceptability of

particular connection in the respective governing association. This would enable making the

world more "smaller" since the world process is globalized and coordinated at real-time

communications.

Globalization ensures the spread of ideas and ways countries can mitigate conflicts and

repercussions that surface from spreading negative ethnicity and views across the United States

economic structure. Globalization has impacted the United States in security situations as the

9/11 attacks through enabling corporative conditions across the world. The United States has

been able to communicate and embrace peace & tranquility with the order, but also during the

following terrorist attacks and conflicts such as 9/11 attacks, New York Terrorist Attacks. As the

U.S values and ideas permeate through the embracing new ideas that promote United States

sovereignty abhorring some culture might negatively affect the global independence. After U.S

New York attacks in 9

September 2001, the United States has spread its relations across the

world leading to many conflicts across the globe increasing war conflicts if the nations aren't

aligned with the influence in the America Nations. Positively embracing America democracy

will enable increased togetherness through the world.

Globalization also allows the United States Citizens to purchase lower products and

reduced standards of living. This is because U.S increases the sales revenue across the global

increasing the revenue generated and reduces the cost of production of goods & services, thus

reducing the price point margins. Cheap labor workforce available in the United States makes the

GLOBALIZATION IN THE US 10

cost of production to be cut, this makes the corporation reducing the price margins making the

goods possible at a cheaper & affordable price margins. This makes the living standards of the

America Citizens to increase.

Despite the fact that globalization has played a fundamental role in reducing price point

for produce in the U.S, the major drawback that hinders the globalization is the ability for U.S

citizens to secure more jobs. The American workforce is under scrutiny from the global

ecosphere due to competitive advantage and the ability to access cheaper labor across the world.

Foreign labor workforce is coordinately accessed to reduce is the emerging costs of productions.

Free trade agreement in line with the globalization agenda aligns United States economy

into tranquility. Free trade environment enables job drains across the U.S, cutting down job

opportunity across the world is a crucial frontier that alienates the shortcomings of globalization

ecosystems. America jobs are being outsourced to sovereign countries such as the India, China

and other countries that have available and cheaper workforce. Globalization does the duties to

be accessible and increases the efficiency of operations within the United States. Global

ecosystems create a sustainable, more economical labor pools making it easier to tap cheap

foreign labor depriving the U.S citizens job opportunities. U.S citizens have to compete for more

reasonable salary thus posing a greater for American worker.

The trade deficits in the U.S citizens negatively influence the merits of globalization.

Globalization increases trade deficit and promotes trade restriction for goods across the world.

Furthermore, globalization has increased trade deficit, especially in the trade import especially in

imports sectors.

RELATIONSHIP BETWEEN THE GLOBALIZATION AND THE TECHNOLOGICAL

ASPECTS IN THE UNITED STATES OF AMERICA (U.S.A)

GLOBALIZATION IN THE US 11

Role of Information Technology in accelerating globalization in the U.S.A

Technology plays a significant role in influencing globalization across the US.

Information technology is fundamental in transforming the United States economy. Through

adopting better relations amongst other countries, the economies conditions have drastically

improved over the entire global jurisdictions. Technology has increased globalization and

increased costs of production affecting the living standards of U.S citizens. Revolutionizing the

Information Technology domain has churned labor workforce with the United States exporting

the increasing demand for Information Technology service.

Technology and innovation are the driving force for the transformation of a global ecosystem

maintaining the competitiveness. Technology influences a paradigm shift in international trade

agreements and improved social & political concerns. The United State government plays a

central role in the transformation of the technological advancement. The U.S authorities can

embrace technological innovations as a strategy of sustaining and improving world growth per

capita income projections. Policy formation creates a roadmap for the United States Federal

authorities on how they can efficiently utilize technology to streamline the trade operations in the

United States.

GLOBALIZATION THEOREM TO THE UNITED STATES ECONOMIC DISCOURSE:

IS IT A THREAT OR AN OPPORTUNITY

Monetary policy makers argue that for the development of international trade, the nations

must in unison sign auxiliary plans governing their how they will conduct their trade

protocols. Globalization in the United Economic discourse is a delicate process that if it

isn’t properly coordinated can transform into a threat and barriers for success & trade

enhancement. Economists argue that the market dynamics has drastically changed since

GLOBALIZATION IN THE US 12

the 2001 economic recession due to the company adjusting their productivity through

increasing output and boasting their productivity. The major concern for globalization is

the expansion of trade markets through better customer acquisition techniques thus

increasing their sales margin accelerating their revenue generation models. On the other

hand, monetary policy makers create a notion of how the free trade protocols is depriving

the United States Economy and accelerating the economy of aggressive countries such as

China, India to a tremendous GDP due to the availability of a large pool of market labor.

Their argument suggests that the federal authority regulates the markets to avoid unfair

competitive advantage. Outsourcing labor deprives the United States citizens their jobs.

Silicon Valley companies such as Google Inc., Facebook, Apple Corporation are

outsourcing substantial number of workforce to the global ecosystems such as China,

India and other developing. Despite their labor acquisition policy being well-structured,

multi-national drains a lot of US jobs through outsourcing their production to other

destinations such as India, China for instance, IPHONE assembly point located in the

Asian Republic of CHINA. Despite globalization being a threat to the employment

constraint, it increases the revenue margins of Multinational Corporation due to the

opening & enhancement of higher market potential. This opens the trade tariffs

preventing any barriers against achieving the corporation milestones. Silicon Valley

technological giants such as Facebook, Twitter, Amazon has used their technical

expertise and market innovation to create Billion Dollars corporation that impact

positively the society worldwide & map the American Identity across the entire global

jurisdictions. Whether globalization is a menace to the development of United States

business is an answered predicament with bigger predicament on how corporations can

GLOBALIZATION IN THE US 13

use global atmosphere to disrupt the world with their inventions and influence the world

on the existence of the American dream for instance Snap chat, Android, Instagram are

disruptive technological innovations that have not only influenced the United States but

developing nations such as Asia, Africa influencing their fundamental way of life.

Globalization is a blueprint of influence to the escalating United States economic governance.

Opening the global market structure influences how the products can be reengineered to

coexist perfectly with the market jurisdiction. Better products fully identify the market

niche for itself and can generate better revenues thus boasting the market share potentials.

Furthermore, globalization theorem has opened structured for strategy thinkers &

entrepreneurial spirits that not only create employment opportunities but have a lasting

influence to how the people solve human oriented problems.

The roles and functions of globalization in the society should never be underestimated at any

costs. Globalization entails that the economic statues is flows coordinately in two

directions. Although United State of America losses enormous jobs to foreign workers,

U.S citizens may gain in the expansion strategy of multinational companies and the U.S

boost improvement in their economic potential. Surveys suggest that the United State

losses a lot of technological workers to outsourcing of foreign workers whereas

substantial number of U.S citizens get employment opportunity across the world due to

their expertise and professional knowledge. American survey depict that due to extremely

acquisition of goods from the foreign markets, America products are sold twice the value

boasting their revenue generation architecture. Besides, America has created twice the

number of jobs due to the impact of globalization to the market dynamics. Globalization

boosts the company growth significantly enabling them attain their company milestone

GLOBALIZATION IN THE US 14

objectives. Expanding your business to overseas market suggest increasing your

employee ratio so as to attain all-inclusive architecture & expertise in the prerequisite

domains such as business administration, strategic governance, Legal affairs, marketing,

information technology, supply chain and International trade. According to the America

commerce insights, the American nation is likely to lose jobs to China, India. Also,

America is likely to employ more citizens due to the likelihood of companies worldwide

on the verge of setting their production plants in American best production sites such as

Silicon Valley- San Francisco, Los Angeles, Austin, Texas and Michigan. Foreign

investment in the United States leads to the employment of 7 million workers in 200

doubling the number obtained in 1990. Europe best automotive providers such as

Mercedes, Honda, and Rolls Royce are setting their auxiliary research facilities such as in

Harvard Research center, Stanford, MIT to boost evolution of better, advanced

technological blueprint. Furthermore, Toyota Production plant in San Antonio projects to

employ about 2,000 employees to boost their innovative car technologies. On the other

hand, a global technological giant such as Samsung is investing $500 million to fund its

expansion plant in Austin, Texas. Foreign investment directed to the United States is

likely to boost the growth of US economy & boost their employment ratio by increasing

the job opportunities through direct foreign investment. For Instance, Novartis

Corporation is moving its Research & Development operations from the Switzerland to

the Massachusetts, United States.

CRITICISMS OF GLOBALIZATION

Despite the merits of globalization as a tool for creating an enabling society for growth.

Globalization has a fair share of dissenting argument on its role in promoting social vice within

GLOBALIZATION IN THE US 15

the organization. The globalization has been viewed negatively by the critics who question the

part of globalization as a way of breaching the grounds for successful integrations. In particular

analogy, proponents of globalization argue that advancing globalization will ultimately create

new wealth and promote cultural interactions by eliminating barriers to trade. Opposing

argument blame globalization as a menace by claiming that by removing obstacles will

eventually undermine national values, policies &cultures and destabilize labor market by

creating global space that promotes the advancement of cheap labor workforce. Despite

globalization playing significant boasts of supporting success on least developed countries, some

critics argue advancement on markets within minimum legal formalities & reduced lower

operations costs will ultimately reduce the living standards in developed countries by eliminating

the number of jobs.

Globalization creates a process of interactions and integrations amongst people,

government authorities, and business entities. The operations are driven based on a given

international trade and investment facilitated by the advancement of information technology

infrastructure. Cultural globalization enables transmission of ideas, meaning and values around

the world in such a way that intensifies the cultural interactions amongst people. For the success

of globalization, there must exist some protocols that ensure the successful, efficiency and

optimization of trade systems through international markets.

ELEMENTS OF GLOBALIZATION

The components of globalization impacts on the operations of trade agreements, cross-border

capital movements, and the effects of migration patterns, the accessibility, and transparency of

information access across the global ecosystems. Globalization plays a significant role in the

spread of information across the global scenes and improves socio-political & environmental

GLOBALIZATION IN THE US 16

conditions. Through cultural globalization, the countries exchange ideas, values and social

artifacts across the entire world to intensify their co-existence and promote their togetherness.

Cultural interactions enable individuals to embrace and learn more about the cultural co-

existence amongst stakeholders.

Globalization enables individuals in the developed countries such as the United States;

European countries such as the United Kingdom, Germany bring down their production cost

increasing their access to living standards. On the other side, global firms such as Facebook,

UNICEF, AMAZON, MICROSOFT has enabled philanthropic efforts to improve the livelihood

of humanity through aids and access to financial inclusivity. The positive side of globalization is

the ability to increase efficiency and open access to the broader market share. Globalization

enables the business corporation to increase capital acquisition through growing supports from

global partners, suppliers, manufacturers across the global ecosystems such as China, South

Korea, Taiwan and efficiently & efficiently manage their distribution network access.

a. CROSS-BORDER CAPITAL MOVEMENT

b. EFFECTS OF MIGRATION PATTERNS

c. ACCESSIBILITY AND TRANSPARENCY OF INFORMATION SYSTEMS

d. POLITICAL, CULTURAL AND ECONOMIC CONDITIONS

TYPES OF GLOBALIZATION

A. ECONOMIC GLOBALIZATION

GLOBALIZATION IN THE US 17

Economic structure is an integrated approach to development that enables business entity

operates in free world structure. For success trade success, countries exchange services,

technologies to improve the living standards across the world.

IMPACT OF GLOBALIZATION IN THE US

Globalization has impacted the world through enabling innovations and enabling free movement

across the globe as a whole. Globalization plays a decisive role in nearly every livelihood of

individuals living in the United States. Despite the fact that most U.S citizens haven't traveled

countries such as Japan, Korea, China, they purchased many goods that are either manufactured

or assembled across the Asia Community. Approximately 35% of the entire clothing garment

was produced in the China Republic as compared to the 5% being made domestically in the

United States (SAN FRANSISCO FEDERAL BANK, 2010). Thus, the government can never

justify the limits and restrictions of globalization.

a. MORE EFFICIENT MARKET STRUCTURES

Efficient market structures are what serve as the ideal objectives of the success of

globalization in the United States & global ecosystems. A dynamic market structure is indicated

by the positive sign of equilibrium between what the price of the product is dictating its demand

chain & the willingness of the buyers to purchase the products. An efficient market can be

achieved in the United States if federal trade authorities are willing to negotiate trade agreements

that are beneficial to the respective nations.

Business entities can improve the ways of producing goods & services such as outsourcing

business operations such as technical expertise and purchasing suppliers from overseas

authorities offering cash discounts enabling the company to lower selling price points increasing

GLOBALIZATION IN THE US 18

its demand curve and making the product more available. Globalization in the US is fundamental

to the success of the United States of America through creating an increased, more extensive

market base for their markets facilitating increased revenue generated from the sales revenue

boasting their organization growth. Finding equilibrium for demand-supply is fundamental in

attaining business compliance towards achieving positive economic growth index. Globalization

makes the demand to escalate due to broader market base and allow business companies produce

higher sales revenue thus makes the corporation increase their profitability margins.

HOW GLOBALIZATION ENABLES WORLD ECONOMIC EMPOWERMENT

Economies argue that globalization plays a decisive role in influencing the society and

empowers cultural interactions empowerment. Globalization provides benefits to individuals

within the world by opening the market dynamics, making the market more efficient and

spreading the wealth more efficiently to the less developed countries. Globalization in the United

States has enabled world economic empowerment structure.

Globalization enables worldwide movement of economic, trade, and communication

integration protocols. Globalization implies that the open approach to business by opening the

local and nationalistic perspective to a broader outlook of an interconnected and independence

world through free movement of goods, capital, and services across the nationalistic approaches.

Globalization has impacted nearly all the aspects of the modern ecosystems and strives to be

growing force towards economic sustainability. Through globalization, the notion of economic

empowerment is enhanced and increases employment for global ecosystems.

b. COMPETITIVE ADVANTAGE ENABLING CREATION OF BETTER

QUALITY PRODUCTS

GLOBALIZATION IN THE US 19

Globalization of companies & business entities favors increased competitive advantages

amongst business organization. The existence of multiple producers & suppliers competing for

market dynamics enhancing the quality of goods, services. As business entity strives for

international jurisdiction, the establishment of global workplace enables business organization

tightens their production & distribution strategy to meet escalating, an upsurge in demand chain.

As the competitors jostle for market share, the available option is improving quality of products

for the market domain. Furthermore, competition pressurizes competitors to reduce their price

point to attract more customers and increase their profit margin. In case the competitors lower

their selling price point, the advantages goes to the buyers who can get affordable products.

Globalization enhances competition over the global marketplace making the products accessible

promptly.

c. STABILIZED SECURITY DUE TO OVERRELIANCE ON THE DEVELOPED

COUNTRIES

When the country depends on the progress of economy of another country, it becomes

difficult on its economic development if the nation is subjected to a series of unrest and

political turmoil. Globalization halts many conflicts that jeopardize the stability of

countries being extremely dangerous to the growth of developing nations.

4. EQUITABLE DISTRIBUTION OF WEALTH ACROSS THE WORLD

ECOSYSTEMS

The developing countries gain a lot from the globalization strategy through equal shares

of capital across the world. U.S citizen's living standards escalate increases the costs of

goods whereas developing nations consequentially benefits numerous advantages such as

GLOBALIZATION IN THE US 20

an increase in the job opportunities and equitable share of wealth across the world.

Globalization has posed financial implication due to the escalating living standards costs

making it immensely harder to attain economic sustainability.

ADVANTAGES OF EMBRACING GLOBALIZATION

a. FOREIGN DIRECT INVESTMENT

Foreign Direct Investment approach enables the business entity to adversely grow

tremendously and achieve positive market share ratio and increase revenue models

exorbitantly. Globalization is a crucial indicator of success in the business venture.

Through globalization, direct investments enable integration of significant growth

success, facilitate growth in the world marketplace, and improve industrial tariffs within

the global ecosystems market structure, helps the corporations boost their technology

transfer domain & ultimately the growth of global companies.

b. TECHNOLOGICAL INNOVATIONS

Globalization enables technological innovations of solutions within the global

ecosystems. Through globalization, increased competitions from the globalization effects

allow stimulating new technology development. Change is a critical factor to improve

economic output through making the process more precise.

c. ECONOMIES OF SCALE

Globalization enables the corporations to achieve economies of scale reducing the costs

of productions and creating better price points. A saving of scale supports the economic

growth of the United States of America (U.S.A). Although an economy of scale is a

GLOBALIZATION IN THE US 21

positive influence to creating sustainable economic empowerment, it may hurt small

business enterprise attempting to complete domestically.

d. INFUSION OF FOREIGN CAPITAL AND TRANSFER OF TECHNOLOGY

Globalization provides least developed countries with an adverse array of capitals

and technological empowerment. Infusion of foreign money enables economic

development of developing countries and spreads prosperity at least developed countries.

Globalization plays a significant role in embracing democracy through a centralized

approach to leadership and governance such as the United Nations, European Union.

Sharing technology with least developed countries helps them to progress exorbitantly.

Technology transfers in global ecosystems enable growth of innovative solutions that

solve human-oriented problems promptly.

ROLE OF INFORMATION TECHNOLOGY IN AFFECTING GLOBALIZATION

Technology is the driving force of innovation and highlights protocols at which business

ventures operate in the environmental jurisdiction. Technology pertains innovations, strategic

initiatives and technique of solving human oriented problems. Technological emphasis is made

on the improvised way of doing things, how we can reengineer problems to concur with existing

real world technology and proper structures for distribution, selling essential produces.

Information technology has played an important impact in the way the globalization framework

is utilized across the world. Furthermore, information technology architecture has been the

driving force of globalization. Through computing devices, the information access has been

timely & through real-time protocols events. Rapid access to information systems in the USA

has facilitates enhanced access to timely, faster global data analytics at real-time instances.

GLOBALIZATION IN THE US 22

Furthermore, IT process has reengineered the way the global ecosystems operate. Globalization

has made the world to relay their ideas in a timely manner. Through faster transmission through

internet protocols, companies can gain the access to vital information essential to the business

growth. Computerization in the United States enables faster integration of business milestone

objectives. Today, Globalization and Information technology access has minimized the world

into a small democratic, industrialized across the United States of America (USA). Information

technology has made the globalization menace a reality instance. Globalization has enhanced

exchange of information and improved conversation & coordination at real-time instances.

People in the United States of America (U.S.A) can communicate and interact with global

countries such as China, Dubai using social integration media web platforms such as Facebook,

Twitter, What app. This has increased innovation capability, innovation and enhanced

geographical proximity.

Globalization enhances international trade & improved trade policy. In international trade

protocols, globalization contributes to the international trade agreements facilitates the fast flow

of information & services making it more possible. A system users can navigate through the web

ecommerce such as Google, EBay, Alibaba; purchase the goods sold on the web e-commerce

platforms & can be transmitted from the supplier to the consumer via the shipping services such

as the DHL. Furthermore, during the launch of APPLE IPHONE X, the product can be shipped

to the entire world through shipping services such as DHL. On the other hand, electronic

payment structure such as PayPal, Stripe and Western Union.

GLOBALIZATION AND THE IMPACT OF UNITED STATES WAR ON RACISM

Globalization has played an impact for the improving the war on the racism. United

States of America has been instrumental in fighting the role of racism & improving human

GLOBALIZATION IN THE US 23

relations in the globalized ecosystems. United States can review their laws & policies to improve

governance and the rapid spread of racism in the world. Technological innovations such as social

media platform contribute largely to the improving human relations and the spread of racism

across the world. Despite the rapid spread of negative issues, social media platforms can be used

to educate the masses on reducing wars and mitigating global white extremist. United States can

be used to readdress world sensitive issues such as legalization of racisms and enhancing

strategic policies against war.

THE UNITED STATES OF AMERICA (USA) ROLE IN THE GLOBALIZATION OF

SPORTS AND MUSIC BUSINESS VENTURES

Globalization technique can lead to the transmission of international games such as FIFA

WORLD CUP, OLYMPIC GAMES. Globalization helps in the advancing of peace and eco-

friendly society. Sports and music enables peaceful co-existence and coordination of fostered

relationships amongst the world and harbor the spirit of sportsmanship.

RISKS OF GLOBALIZATION

a. Interdependence

Through globalization, countries have enabled interdependence approaches to

trade agreements and would allow states to co-relate in time to attain economic

sustainability. Though globalization is a positive thing in financial viability, the

interdependence of the society can lead to regional and economic instability.

Globalization has an impact on the local security risks and poses risks to the

interconnectedness of the community. Regional instability points to the financial

GLOBALIZATION IN THE US 24

uncertainty impacting to a more substantial number of countries under the umbrella

organizations.

b. National Sovereignty

The rise of global firms in the international jurisdiction poses a higher risk to the

sovereignty of the associated nations. Globalizations would ultimately tap potential

workforce from a given domain. Through globalization, the corporate workforces adopt

nationalistic and xenophobic approach towards their designated employees. Despite the

positivity of embracing globalization, globalization can be a significant hindrance to the

national sovereignty of the nation.

c. Equity distribution of wealth

Through globalization, the society benefits positively from increased market distribution.

However, the globalization menace can create an unfair distribution of wealth amongst

the wealthy nations and ultimately skews their potential to ensure equitable distribution

of wealth.

Globalization is a key to facilitate improved governance and establish protocols that

promote governance, democracy, and peaceful co-existence. Upgrading the globalization

strategy implementation agenda ultimately increases the sovereignty and enables the

creation of a pool of resources allowing the exchange of ideas through interrelationship

cross-border market conveyance. Creating conducive global ecosystems necessitates

rapid conformance to market policies guaranteeing the society its successful

implementation of their goals & core competencies. Through universal governance

organs such as the United Nations and European organization, the structures create

GLOBALIZATION IN THE US 25

methodology by which government states can create a unifying frontier mitigated

towards achieving economic sustainability and all-inclusive authority. Furthermore, the

global ecosystems necessitate on how the particular organs can use their technical

expertise in developing democracy and adopting a better framework to support countries

that lack financial support to mitigate against risk, threats, and disasters such as

hurricane, tornado, and tsunami.

Globalization in the US is fundamental to the success of the United States of

America through creating an increased, more extensive market base for their markets

facilitating increased revenue generated from the sales revenue boasting their

organization growth. Furthermore, globalization can enable a corporate organization to

embrace innovation due to the escalation of the market margins in the United States and

the entire world. Change necessitates the creation of better structures and methodology of

solving human-oriented problems & is a crucial pillar to creating sustainable

development. On the other hand, globalization requires improving United States

economic sustainability and building plans that efficiently enable the success of the

society.

GLOBALIZATION IMPACT IN THE ECONOMY OF THE UNITED STATES

Globalization enables integrating economic policies of nations and authorities across

the world. Through globalization, bodies create alliances that focus on better ways of

producing unifying front for jurisdictions & organization across the entire global

ecosystems. This has expanded the process, means, and methodology by which the

prerequisite nations interact with the rest of the world. Through advanced technology,

GLOBALIZATION IN THE US 26

communications and expansion of transportations, the global landscape has improved &

facilitates fostering of relationships in the United States & its prerequisite nations.

Internet technologies have enhanced real-time communications and enable countries to

commerce with each other faster, effectively & efficiently. Through an instance of real-

time communication, governments can create a mechanism that facilitates improved

economic structure. Globalization, despite its positive influence, can negatively affect the

growth and success of escalating United States financial sustainability. Globalization is a

crucial indicator of the success of business ventures and enabling the business

corporation to expand the local market into common niche base boasting the progress,

efficiency, development and improved profit margin of organizations. Furthermore,

globalization ensures the business entity utilizes the market potentials by being able to

use the best talents available in the global jurisdictions. However, there are several

impacts the globalization theory has posted in the US economy and require advanced

policy restrictions to protect the integrity of the United States economy to achieve double

economic transgressions. The Globalization theorem has created the following impact

attributed to the societal sustainability:

a. GLOBALIZATION HAS INCREASED LIVING STANDARDS FOR

INDIVIDUALS WITHIN THE UNITED STATES ECONOMY

All the global ecosystems are impacted by the effects of the globalization metrics.

There exists an advanced effect of the globalization menace on the U.S economy.

Globalization in the United States enables the growth of multinational corporation

sector in the US. Corporations merge into other countries across the world reaping

positively in the advancement of the U.S Economy.

GLOBALIZATION IN THE US 27

Corporation benefits positively from the advantages & disadvantages such as

increased cheaper labor structures, and reduced regulations & constraints.

Globalization enables companies to move their distribution points to another country

across the global ecosystems. Organization and firms in the US pay more massive

financial implications due to minimum wage requirement, higher taxes code and US

economic statutes.

Globalization enables merging of corporations in the US economy, and business

organization pays lower wages; benefits lower regulations constraints all of which

can lead to a rise of multinational companies. Many United States companies have

moved a lot of their manufacturing jobs to foreign markets due to cheaper labor &

lower trade restrictions and regulations processes. Furthermore, services and technical

expertise lead to evacuations of workers on the overseas jurisdictions and workforce

structures. Information technology landscapes impact positively and exemplify the

economic governance.

Globalization of products and services enables curtailing their prices by twenty to

thirty percentages, reducing the expenses across the United States economic domain

enhancing both the economic development & market sustainability. On the other

hand, globalization has led to the loss of jobs in the United States due to the

availability of cheaper workforce in the global ecosystems, declining the United

States economic objectives. The job loss is attributed to the increased trade loopholes

and discrepancies impacting positively on the number of employees in the US market

dynamics. According to Economic Policy Institute “Despite the fact that trade flows

are starting to balance and fewer jobs are going to be lost in the future, the

GLOBALIZATION IN THE US 28

integration of the US Economy with those of its low-wage trading partners will

drag down the wages for the American employees, thereby contributing to the ever-

increasing inequality of incoming in the U.S Economy."

Another factor that positively impacts the US economy governance portfolio is

the notion and role of foreign investments as the factor of globalization in the US

economy. Foreign investment affects the average trade barriers and influences wage

bills amongst employees. Foreign investment is a more significant threat to economic

inclusivity and shifts the domain towards lowering of income distributions.

Multinational corporations outsource highly skilled labor across the global ecosystem

positively attaining financial inclusivity and achieving real affluence of globalization

in US market dynamics.

Globalization enables influx of supra-territorial markets through the widespread

circulations of global business organizations and product lobbying across the global

ecosphere. Merging and acquisition of corporate agencies increase the rate of

entrepreneurial skills in the US economy. Supra-territorial market structure across the

global ecosystems improves the customer acquisition strategy of companies and

boasts their sales margin heavily to acceptable margins. Globalization enables

improvement in the United States economic growth index through increasing

customer base due to the shift of attention of companies in the US to across the entire

global ecosystems. Furthermore, globalization enables growth in the spirit of

entrepreneurship and all-inclusive economic growth. On the other hand, through

tactical alliances and mutual lobbying increase the customer acquisitions process &

guarantee the increase in sales revenue across the world.

GLOBALIZATION IN THE US 29

The U.S ECONOMY has played a significant role in the globalization metrics due

to the world reserve being attributed to the petroleum sector. The petroleum sector

necessitates improved economic sustainability most preferred currency is the U.S

dollar & hence the global ecosystems buy, sells and transact their commercial

operation via the US dollar boasting their economic transgressions positively in the

United States. U.S dollar is the acceptable world currency, and this policy facilitates

strategic implementation of financial sustainability. U.S dollar has aided negotiation

powers for the U.S Corporation giving rise to multinational corporations. U.S

DOLLAR increases the relationships amongst nation's forces through trade

agreements, negotiations, and relations deals. If country X in the Asian continent sells

oil to country Y in the European countries, the preferred currency is the U.S dollars.

U.S dollars increase the economic inclusivity and improved demand is beneficial to

the United States GDP. Globalization necessitates rapid financial inclusivity &

enables integrations amongst respective authoritative nations. Since the U.S dollar is

the most preferred currency, the values of transactions increase the revenue

generations as the resultant effects. Advocating for increased use of U.S dollars

increases the economic sustainability of the United States. On the other hand, the

cycle of poverty rises as the buying power of the global systems reduced by the

escalating US DOLLARS.

Through economic globalization theorem, individuals in wealthy developed

countries pay the ultimate price of sustainability. The economic globalization fosters

the growth of the developing countries such as Africa, Asia affecting the living

standards of individual within the USA. These are through developed countries such

GLOBALIZATION IN THE US 30

as United States of America, European nations such as Britain providing monitory

loans to developing countries such as Nigeria increasing the living standards due to

increasing lending policies. Globalization enables integrating improved economy of

scale in the United States of America market dynamics. The economics of scale is a

positive influence to creating sustainable economic empowerment; it may hurt small

business enterprise attempting to complete domestically. Achievement of financial

inclusivity is a significant boost towards attaining sustainable and US milestone

objectives.

Globalization provides benefits to individuals within the world by opening the

market dynamics, making the market more efficient and spreading the wealth more

efficiently to the less developed countries. Globalization in the United States has

enabled world economic empowerment structure. Foreign Direct Investment is a key

frontier towards achieving sustainable financial sustainability. Furthermore,

globalization creates unfavorable market constraints such as increased living

standards in the US affecting American economic governance.

References

Coates, J. (2004). United States-China-Taiwan Foreign Policy and Economic Globalization:

An Assessment. Doi: 10.21236/ada423320

GLOBALIZATION IN THE US 31

Cooper, R. N. (2009, January 28). Accelerating the Globalization of America: The Role of

Information Technology. Retrieved from

https://www.foreignaffairs.com/reviews/capsule-review/2006-11-01/accelerating-

globalization-america-role-information-technology

Hawkin, D. J. (2004). ˜Theœ twenty-first century confronts its gods: Globalization,

technology, and war. Albany, NY: State University of New York Press.

James, J. (2002). Technology, globalization, and poverty. Cheltenham: Elgar.

Lazar, J. M. (2007). Effects of Economic Globalization on the United States' Defense

Industrial Base. doi:10.21236/ada469597

The Politics of Globalization in the United States. (n.d.). The SHAFR Guide Online.

doi:10.1163/2468-1733_shafr_sim280020612

Singh, A., Dhumale, R., & UNU/WIDER. (2000). Globalization, technology, and income

inequality: A critical analysis. Helsinki: United Nations University, World Institute

for Development Economics Research.

The United States. (n.d.). Globalization Contained. doi:10.1057/9781137315915.0010

Place new order. It's free, fast and safe

Paper type

Deadline

Page count

550 words

Total price: $ 15.00

Our customers say

Jeff Curtis

USA, Student

"I'm fully satisfied with the essay I've just received. When I read it, I felt like it was exactly what I wanted to say, but couldn’t find the necessary words. Thank you!"

Ian McGregor

UK, Student

"I don’t know what I would do without your assistance! With your help, I met my deadline just in time and the work was very professional. I will be back in several days with another assignment!"

Shannon Williams

Canada, Student

"It was the perfect experience! I enjoyed working with my writer, he delivered my work on time and followed all the guidelines about the referencing and contents."

Globalization in the us

Place new order. It's free, fast and safe

Our customers say

Jeff Curtis

Ian McGregor

Shannon Williams