Globalization Argumentative Essay and Critical Thinking

Introduction
Globalization involves various ideas of the business incorporating the process that extends to nearly all parts of the world. It aims at developing a global economy that is increasingly integrating through the utilization of free trade. More so, it taps the free flow of resources (like capital) and tapping of foreign labor markets that are quite cheap. Globalization can be to some extent useful or beneficial to the business is some ways. For instance, it makes the operation of foreign markets much efficient. The right, in this case, involves having benefited, profits, or advantage. Therefore, globalization is necessary and precisely enough for all businesses. It is because it helps the company or business by ensuring increased profits in other markets of the world (Boudreaux, 2008). (1, Premise) The operation of open markets makes the businesses to have an efficient flow of information due to improved and extensive communication. The clients and customers can communicate thus advancement of the company performance effectively. The connection permits the companies to manage the inventories, supplies as well as the distribution networks. There is ease of marketing and selling of businesses’ products on a similar schedule as it would happen in respective home countries. (1, Conclusion) Globalization permits various businesses to transact in foreign countries through the ability to sell while marketing the products on free trade. More so, the aspect of the free flow of cash becomes much important in global transactions. (2, Premise) Another benefit associated with globalization involves the opportunity to outsource various products to other countries. This makes the production process cheaper while the products are of the same quality. It helps in boosting other related economic markets by increasing the region’s jobs. The outsourcing of such jobs to various foreign nations, it leaves the American workers with better jobs to do. (2, Conclusion) Globalization benefits the businesses as well as foreign countries by lowering the cost of the products through outsourcing. More so, there is the creation of jobs in foreign markets that helps the economy of foreign countries (Thrift, Tick cell, Wolgan & Rupp, 2014).
(3, Premise) Globalization can also be good for the businesses in the fact that it allows people to work with other nations and trade ideas. Therefore, the individuals can learn the easy ways of incorporating businesses into foreign markets. More so, they can have the awareness of different styles as well as trends within a particular country to better the products. Moreover, there is ease in designing of products used in other states. (3, Conclusion) Globalization allows businesses to share ideas while understanding the foreign economies. It promotes the knowledge of effectively marketing and selling products and services in foreign countries (Spritzes, 2009). In the decision pertaining whether globalization was good or not for the business, I used both inductive, and deductive reasoning to arrive at my conclusion. I used deductive reasoning by looking the way globalization impacted different activities both negatively and positively while weighing the option. I decided that business globalization could be beneficial if only a firm handles the mass amounts associated with the enterprise. I further used the inductive reasoning through the collection of facts presented by globalization. The events made my argument sensible (Holyoake & Morrison, 2005).
Conclusion
Globalization on a level of a business is of much importance to the company. It allows the companies to communicate effectively with suppliers and customers while timely getting the products with much ease. Outsourcing of products to foreign nations is cheap and creates jobs to such foreign countries. Finally, globalization allows sharing of diverse ideas while learning much about other markets involved in the business. It will also allow the firms to evolve on a worldwide scale that creates many profits as well as revenue for the company.

References
Boudreaux, D. J. (2008). Globalization. Westport, Conn: Greenwood Press.
Holyoake, K. J., & Morrison, R. G. (2005). The Cambridge handbook of thinking and reasoning. New York: Cambridge University Press.
In Thrift, N. J., In Tick cell, A., In Wolgan, S., & In Rupp, W. H. (2014). Globalization in practice.
Spritzes, H. (2009). Humanism in business. Cambridge: Cambridge University Press.