The International Company 's Workers ' Human Rights Essay

Globalization refers to the development of an integrated world economy, exchange of cultural views, thoughts, and products (Wikipedia, 2013). Pologeorgis (2012) states that, essentially globalization began with the exploration and settlement of new lands. Communication and transportation advances have aided in this process.

Globalization is the ability in which an organization develops an ability to integrate people, communications as well as technology into other different nations.

Dexter Roberts and Pete Engardio in “Secrets, Lies, and Sweatshops,” writes about the various struggles that the United States has with production factories overseas. Wal-Mart claims they have rules for the sweatshops to follow but China still violates the labor laws by hiring consultants to give tips to sneak around auditors. The American people enjoy their everyday items at a low price, which Wal-Mart demands to the sweatshops. The sweatshops are struggling to provide these low price items to Wal-Mart and keep their working conditions humane. Roberts and Engardio explain in the article how companies that have overseas production are attempting to provide the managers and employees with skills to make the overtime required more effective.

In present China, forced and unpaid prison labor is widespread and common. Characteristics of Chinese sweatshops include overcrowding, lack of sanitary conditions, no worker breaks, demands to complete a task within a limited period of time, and a total lack of job security. Government negligence is what allows such abuses to persist. Some plants force employees into working extraordinary amounts of hours, for example, a Price Waterhouse audit of Nike factories in China found that some require seven days of work per week. Many workers who supposedly have the choice to work overtime must do so in order to survive on their low wage rates. The people working in Chinese sweatshops only get a small amount of payment for their work and nothing more. The locals do not benefit at all, but instead suffer from the presence of foreign businesses in their country. As for the foreigners, one telling statistic is that the United States imports an estimated $100 million per year in goods produced by Chinese migrant workers. The outside companies gain millions as the developing countries struggle to survive.

It can be believed that the assignment can be helpful for understanding both positive and negative influence of sweatshops issues. Following this article may be helpful when doing analysis market researches for the economy in the international business.

Globalization/ pg. 29 the act or process of globalizing : the state of being globalized; especially : the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets.

China is one of our biggest labor competitors. The reason many US companies go to China for outsourcing is again, because of their workforce’s willingness to operate at low costs. Michael Zimmerman describes this as a disparity in worker “tolerance”. Where the low wages found in China are “far lower than U.S.

Another definition of globalization is suggested by Morrison (2011, p.43), that globalisation is a process by which people, products, information, money and companies can move around the world as decision-makers

Many authors feel that globalization has taken place in three waves. The first wave started in the late 1800s and lasted until the start of the 1900s. It was caused by a combination of falling transport costs and a reduction in tariff barriers. This opened up the possibility of using abundant land countries (Argentina, US, Australia and New Zealand). People immigrated to these countries and capital was invested in manufacturing in these countries. (World Bank, 2000) The

Globalization can be defined as ‘international integration’, which can be described as the process by which the people of the world are unified into a single society and functioning together. This process is a combination of economic, technological, and political forces (dictionary.com).

Frequently, people are unclear of exactly what Globalization means. Globalization is the tendency of the world's economies to act as a single interdependent economy. It can be described as the increased movement of people, knowledge, ideas, goods and money across national borders to make the world more unified in a sense. Globalization is often thought of in economic terms but as we know there are other components with this idea like, economics, and cultures. There is a huge debate of whether or not globalization is positive or negative.

If businesses don’t export jobs overseas, they need to find new ways to remain competitive in the global markets. This can come in the form of pay cuts for employees, which also harms the economy since there is less disposable income (businessweek.com). Again Mourdoukoutas (2011) offers his support by stating globalization can lead communities to escape the unemployment trap by devaluating currency and raising trade barriers. China currently employs the currency devaluating tactic to maintain their edge in American markets. This makes American products more expensive to obtain in China, as opposed to their inferior, cheaper products. This causes American based businesses to seek new creative ways to lower production costs to remain competitive in Chinese markets.

Globalization, in its most literal definition, is the process of making, transforming or expanding a product or service into a global one. This process is a combination of economic, technological, socio-cultural, and political forces (Button, 2008).

Globalization: Globalization is the tendency of investment funds and businesses to move beyond domestic and national markets to other markets around the globe, thereby increasing the interconnection of the world. Globalization has had the effect of markedly increasing international trade and cultural exchange. Such as Starbucks, globalization became the topic of discussion, because they had to adjust to the different coffee taste that originated in different countries to maintain their customer

Globalization refers to the interconnection among countries, politically, economically and culturally. Globalization has come into existence due to the following factors: (i) betterment in transportation and communication, (ii) human and capital mobility, (iii) increasing formation and existence of NGOs and multinational corporations.