The Limits of Cultural Globalization in the World Essay

The Limits of Cultural Globalization in the World - Essay ExampleIn recent times, the swear for companies to attain globalization has been on the rise. dismission supranational makes legion(predicate) companies discover new commercialises. In the technology industry, this trend has been extensively used as there be remarkably few companies within this industry who do not arrive an international market sh be (Wolf, 2004). The demand for technological advancement can be identified as the global feature driving these companies towards globalization. For a long time, the establishment of global business has been a subject of discussion. galore(postnominal) companies were opposed to the idea but have slowly started integrating globalization. Though quantifi equal to(p) results of globalization have not been seen, the idea remains an attractive matchless for most corporations in the 21st century. The companies aim at achieving global recognition while creating a wider market for their products. Blackberry is an American ph iodin manufacturing company whose products are available globally. The Blackberry brand was invented in 1999 the Research In Motion Company. Through this brand, the company has been able to reach out to millions of clients around the world. ... ntinent through the marketing done by these continental offices (Danielle, 2010) Theoretical cloth Globalization has been seen, in recent years, as a way through which companies become international. The aim of globalization, among many companies, can be identified as gaining recognition as well as a market space in the international community. Before pursuing the globalization imagine companies try to analyze the many activities that might be involved. This normally included reviewing how other global companies within the same industry are undertaking the same strategy. A comparison of the benefits and the costs to be incurred comes at the core of such venture (Wolf, 2004). There are numerous a ttractions for companies to globalize their activities. Foreign sales can be identified as one of the considerations which companies apply before globalization. The economies of different nations keep on fluctuating due to inadequate policies or political activities. Through globalization, the effects of these fluctuations become minimized. Companies, which are global, whitethorn recover losses incurred in one country from good sales attained in another country (Smith, 2007). This makes many companies, which have the capability, to desire to venture into the global market. The global market offers security during times of economic recession. When one economy may be experiencing recession another one might be on the rise. Companies with the presence in two economies can be able to maintain a balance through ensuring that losses incurred on one side are recovered in another. It creates a stabilizing effect on the sales volumes achieved by the company. A company may also realize an in crease in its global market as a result of globalization. Globalization may be applied as not