When it comes to a career, we spend our days trying to find something that we love, something that we are good at, and something that is going to help us make a living. There are certain factors that do change the outlook and the landscape when it comes to careers, and one of those factors is globalization. So, what is globalization, what does it mean, and what does it do to careers, keep reading to find out.
What is Globalization?
Globalization is the process by which a company is gaining and developing international influence across the globe and then operating on an international scale. In layman’s terms, it means that a company, business or other entity is not just in one location and is not limited to one area, instead, it is going to be global and have influence across the globe.
A good way to think of it is companies like Nike, Reebok, eBay and more that are not limited to the United States, they are much further reaching than just the area where their company started. These companies have bases in more than one country, they have workers across the globe, and they have influence in many countries.
This also means that a company is going to have further reach than it once had and that they are likely going to have bases of operation in more than one area. They may have bases of operation in different cities, states, or countries and they may even have multiple locations. This allows for a larger scale of business, and for the business itself to grow their profits while cutting costs and while lowering their bottom line. This can be both beneficial for employees in some cases, and it can also be detrimental depending on what type of job that you have and what position you hold within that particular company.
What Does Globalization Mean Positively for Jobs?
Jobs are something that we all have at one point or other and that are often localized to where we live and where the job is located. When a company goes global or when they start the globalization process, it does change the way that the job works and it changes the way that the worker interacts with that job and with that career.
First, it affects the overall standard of living of their workers in all countries, not just in the country that the factory or career is located. A good example would be a large company that outsources its work or a factory to another country. They are going to hold their employees to a certain standard and they are going to provide their employees with a standard of care and consideration based on how they operate as a company.
This globalization of a company allows them to bring a higher standard of living and a higher wage to those workers that are in their employ, even in other countries and other areas. This allows for a higher standard of living and is a great option for those that are looking for a career that allows them to do better and make a higher wage.
Another change is that it does help offer access to new jobs, new markets, and to other opportunities that they may not have had when the company was localized. Say a company is in a small town and they grow enough to open another location or factory in another country. Those employees that were once only able to only access opportunities in that small town, are able to access opportunities in that new location.
Employers can let employees move up the ranks and move to those new locations and to those new areas and have a better opportunity and a better chance to move up the ranks. These are all good changes that occur with globalization, but there are still some negative effects as well.
Negative Effects on Careers
One of the most glaring negative effects of this phenomenon on jobs is that it does take jobs away from people. In many cases, if there is a cheaper way to do something, the employer is going to do it. This means that in some cases the factories are going to be moved out of the country and are going to be moved to places where the employer can save money and pay lower wages.
This means that those that were part of the job when it was in the United States, are not necessarily going to be able to go to the new factory or work for the lower wage. Another negative effect is that there is likely to be more wage inequality. With increasing competition and more unskilled people coming into the market, the wages that you were once used to might not be as readily available as they once were.
What Does the Future of Globalization Look Like?
We live in a world where technology and connectivity is more common than ever before. We live in a state of constantly being connected to one another and that does cross over into the world of careers and the world of jobs. We live in a world where technology allows us to work from anywhere and allows large companies to take their factories from one country to another.
The future is of course going to be more global brands, more companies searching for the best prices and the best overall deals that they can get, and we are going to see more and more companies that are focused on lowering their cost and raising their profits as much as possible.
There is no end in sight for companies that are taking their production and their enterprises globally, and there is no way to prevent these companies from doing it. We just have to take the time to make sure that we find careers that have some sort of security and that we are part of the company in such a way that our jobs cannot be outsourced.
When it comes to a career, we spend our days trying to find something that we love, something that we are good at, and something that is going to help us make a living. There are certain factors that do change the outlook and the landscape when it comes to careers, and one of those factors is globalization. So, what is globalization, what does it mean, and what does it do to careers, keep reading to find out.
What is Globalization?
Globalization is the process by which a company is gaining and developing international influence across the globe and then operating on an international scale. In layman’s terms, it means that a company, business or other entity is not just in one location and is not limited to one area, instead, it is going to be global and have influence across the globe.
A good way to think of it is companies like Nike, Reebok, eBay and more that are not limited to the United States, they are much further reaching than just the area where their company started. These companies have bases in more than one country, they have workers across the globe, and they have influence in many countries.
This also means that a company is going to have further reach than it once had and that they are likely going to have bases of operation in more than one area. They may have bases of operation in different cities, states, or countries and they may even have multiple locations. This allows for a larger scale of business, and for the business itself to grow their profits while cutting costs and while lowering their bottom line. This can be both beneficial for employees in some cases, and it can also be detrimental depending on what type of job that you have and what position you hold within that particular company.
What Does Globalization Mean Positively for Jobs?
Jobs are something that we all have at one point or other and that are often localized to where we live and where the job is located. When a company goes global or when they start the globalization process, it does change the way that the job works and it changes the way that the worker interacts with that job and with that career.
First, it affects the overall standard of living of their workers in all countries, not just in the country that the factory or career is located. A good example would be a large company that outsources its work or a factory to another country. They are going to hold their employees to a certain standard and they are going to provide their employees with a standard of care and consideration based on how they operate as a company.
This globalization of a company allows them to bring a higher standard of living and a higher wage to those workers that are in their employ, even in other countries and other areas. This allows for a higher standard of living and is a great option for those that are looking for a career that allows them to do better and make a higher wage.
Another change is that it does help offer access to new jobs, new markets, and to other opportunities that they may not have had when the company was localized. Say a company is in a small town and they grow enough to open another location or factory in another country. Those employees that were once only able to only access opportunities in that small town, are able to access opportunities in that new location.
Employers can let employees move up the ranks and move to those new locations and to those new areas and have a better opportunity and a better chance to move up the ranks. These are all good changes that occur with globalization, but there are still some negative effects as well.
Negative Effects on Careers
One of the most glaring negative effects of this phenomenon on jobs is that it does take jobs away from people. In many cases, if there is a cheaper way to do something, the employer is going to do it. This means that in some cases the factories are going to be moved out of the country and are going to be moved to places where the employer can save money and pay lower wages.
This means that those that were part of the job when it was in the United States, are not necessarily going to be able to go to the new factory or work for the lower wage. Another negative effect is that there is likely to be more wage inequality. With increasing competition and more unskilled people coming into the market, the wages that you were once used to might not be as readily available as they once were.
What Does the Future of Globalization Look Like?
We live in a world where technology and connectivity is more common than ever before. We live in a state of constantly being connected to one another and that does cross over into the world of careers and the world of jobs. We live in a world where technology allows us to work from anywhere and allows large companies to take their factories from one country to another.
The future is of course going to be more global brands, more companies searching for the best prices and the best overall deals that they can get, and we are going to see more and more companies that are focused on lowering their cost and raising their profits as much as possible.
There is no end in sight for companies that are taking their production and their enterprises globally, and there is no way to prevent these companies from doing it. We just have to take the time to make sure that we find careers that have some sort of security and that we are part of the company in such a way that our jobs cannot be outsourced.
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