Globalisation of Business Activities Essay Example | Topics and Well Written Essays - 2500 words

globalization of Business Activities - Essay ExampleThere argon video phones, fax machines, video conferencing facilities which helps in connecting deal with ease.Movement of People There have been a number of people who travel for higher teaching and new job. There are number of people from the developing and under developed countries who migrate to opposite countries owing to the low standard of living, for higher education and better job opportunities. There have in addition been foreign investments in developing countries as there are ample opportunities for growth and development.Multinational Companies and nongovernmental organizations There are a number of organizations who are making the general public conscious(predicate) of number of issues and health problems ,the role of non-governmental organization is to bring together the government, people affiliated. Some examples of NGOs include the Amnesty International or Doctors without Borders. There are also many multinat ional corporations that are willing to diversify and open up markets in order to access new venues and markets. (Colin,2008)In 2003, most 300,000 jobs were outsourced to foreign countries of importly India and China. Research states that by 2015, 3.4 million jobs will be outsourced to other countries from US alone. The main reasons for the shift are due of the following reasonsBalancing risks and rewards are very important for the manufacturing company. There are some risk factors such as financial, business continuity, recovery, political and exchange rates that the manufacturing companies need to keep open in mind before outsourcing.Many companies prefer to invest their profits back into the market nevertheless are limited as the market is not matured. Hence the overseas markets prove to be a good option for growth opportunities and expand their markets. The companies also try to maximize the efficiency and effectiveness of the cover by using the resources in management, admi nistration,