Globalization, Foreign Direct Investment (FDI), or Multinational Essay

Globalization, Foreign Direct Investment (FDI), or Multinational Corporations (MNCs) - Essay representativeOn the other hand, poverty and inequality emanates from disorganization and injustice among the developed countries in the spherical market who instead should work at developing the global economy to greater levels.According to Cohns perspective, globalization entails activities that assist countries and societies to broaden and deepen thus increasing their interdependence around the world. Broadening and deepening is the substantiation of links and using them to increase the regularity and intensity of the communications, transactions, relationships and general interactions among the involved societies and states. Globalization has led to developments in management and other significant sectors in the embodied world as companies come up with excellent strategies to overcome the competition and as a way of keeping up with the trends1. The vast growth in international market re lates with developments in areas such as communication and transportation technologies that are key facilitators of the strategic links between the participating states and Multinational Corporations (MNCs). However, globalizations impact varies in the different countries and in most cases it threatens the domestic autonomy causing issues among the local economies. Upon entry into the international market, countries take up fresh roles and responsibilities, that allow them to make any policy choices. The policy choices are the determinants of states and societies experiences of globalization i.e. unity and cooperation or fragmentation and conflict. Multinational Corporations (MNCs) are companies that distribute goods and services crosswise borders with an aim of spreading ideas and controlling assets in more than one state. They play a significant role in globalization and economists argue they make the greater part of it. MNCs mostly practice Foreign Direct Investments (FDI) in ord er to manage rights and control economic transactions in different states.Realists link globalization with