How globalization is affecting organisations; businesses are run in a very different way than the model we may have been accustomed to in the past. Many organizations have developed strategies that reduce barriers to trade. They have moved operations to other parts of the globe or brought workforces to their physical (or virtual) locations to meet their workforce needs. As a result of globalization, many countries have witnessed rapid industrial growth. In many cases, the process is unfolding much faster than it would have before the free trade environment we see developing today. In some countries the average family income has multiplied several times. For example; a recent report on National Public Radio talked about a small farming community in rural China where incomes have tripled. In the last year this community has switched from agriculture to producing goods because they can earn more. This rapid growth is the direct result of a global quest to produce products as cheaply as possible. If it were not for the free trade that occurs in the “global village,” these countries would not be able to expand at this accelerated pace. “Due to globalization, many people in the world today live longer than before and their standard of living is much better.” (Stiglitz, 2003) There is a lot of evidence to support the positive aspects of globalization. However, many less desirable outcomes were also identified. Less developed countries have fewer regulations imposed on them and the industries in which they are involved. The lack of sensible rules and regulations leads to the headlines we see too often today; the environment... at the center of the paper... the degradation of iron, the depletion of renewable resources, the responsibility of the International Monetary Fund, the World Bank and the WTO and the power of global corporations – must be judged on basis of a series of moral references points that are part of the world that God created". (John H. Dunning, 2003)There are many perspectives and opinions on this controversial topic of globalization. It is important, as a Christian, to approach this topic with a Christ-like spirit of humility and love when trying to answer these questions in our minds. Works Cited John H. Dunning, P. o. (2003). Making globalization good. New York, NY: Oxford University Press Inc. Stiglitz, J. E. (2003). Globalization and its illnesses. New York: WW Norton & Company, Inc.. The World Bank Group. (2007). Global economic outlook: managing the next wave of globalization. Washington DC: The World Bank.
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