Get Custom Essay on Social responsibility and globalization | Business & Finance homework help
Let Our Team of Pofessional Writers Take Care of Your Paper.
Provide a combined response to the statement answers below with a minimum of 125 words of substantive content and references cited in APA format. No copying and pasting of work previously done for someone else.
The Internet, social media, and e-commerce are opening the world for global trade. Discuss the importance of using the Triple Bottom Line to ensure socially responsible treatment of today’s global stakeholders. Next, discuss whether or not you believe that there is a need for international oversight and legal action. Explain your position.
The triple bottom line focuses on people, planet, and profit. Companies have to realize the actions that take place with a company could very well affect those who are around them. Triple bottom line keeps things on a level playing field and allows them to be successful. It respect on three different levels. When all of these are taking in consideration they will produce more products and will also gain the backing of others.
I do feel it is important for international oversight. There are so many different ways that people can mishandle international funds and products. It should a method to the madness. When you look at the current news you are able to see how people are constantly trying to get over internationally.
Describe two (2) possible challenges you foresee for domestic companies that want to develop an international growth strategy. Next, discuss two (2) challenges you believe domestic companies will face from global competition. Within your response be sure to speculate on the role that technology will play on global trade. Provide support for your response.
There are many challenges you would have to take under consideration when trying to develop an international growth. First you will have to choose the right country to expand to. There may be more than one choice to choose from, but that’s when you have to analyze the benefits for all before selecting. Another thing to consider is your human resources. You have to know how you will meet the manpower needed to operate the business. There will be proper training involved and you may have to send current employees to the country to help set things up.
Global competition will bring about challenges. One of the challenges they will face is the currency of their product. When you have a domestic company you they only have to worry about the current currency, culture, regulations, and tax system. When global competition will bring different cultures and currency. With the technology stand point, they may have times where the web speed will be off. Also, the level on competition will be more dynamic and complex. Meaning in the US the speed of the internet and technology will be faster/ more current than the rest of the world.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
Best Quality Essays has stood as the world’s leading custom essay writing services providers. Once you enter all the details in the order form under the place order button, the rest is up to us.
At Best Quality Essays, we prioritize on all aspects that bring about a good grade such as impeccable grammar, proper structure, zero-plagiarism and conformance to guidelines. Our experienced team of writers will help you completed your essays and other assignments.
Admission and Business Papers
Be assured that you’ll definitely get accepted to the Master’s level program at any university once you enter all the details in the order form. We won’t leave you here; we will also help you secure a good position in your aspired workplace by creating an outstanding resume or portfolio once you place an order.
Editing and Proofreading
Our skilled editing and writing team will help you restructure you paper, paraphrase, correct grammar and replace plagiarized sections on your paper just on time. The service is geared toward eliminating any mistakes and rather enhancing better quality.
We have writers in almost all fields including the most technical fields. You don’t have to worry about the complexity of your paper. Simply enter as much details as possible in the place order section.