Globalization is better for organization as it opens more opportunities, and helps in reduction of costs.
Globalization is open trade that can take place around the world, the current technologies have enabled the organizations to have products from around the World.
Globalization can help organizations enjoy economies of scale. This will reduce the cost of goods sold expense for the organization and will ultimately effect positively on the profits.
While the globalization can encourage child labor, which is unethical and this is usually practiced to provide goods at a cheaper rate, as the labor cost is low for the child labor.
In this technological era the organizations have far better choices available to purchase thee goods from, the technology have enabled purchases from far countries although transit cost is a barrier, but if an organization manages the transit cost it can benefit lower cost of goods.
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