Globalization

Throughout high school and college, globalization was drilled into my brain.  Especially as an student of the school of business, I feel that globalization is the future. It seems like our world is becoming more connected.  Currency has exchange rates and now we are able to travel thousands of miles away in a single day. One hundred years ago, the only way to communicate with anyone in Great Britain was by letter.  Now, I can send an email or even FaceTime with my cell phone. I once talked to someone in Thailand via FaceTime.  The time difference made talking to each other difficult, but at least it was possible to talk to each other on the same day. Technological innovations have become a gateway to connect people all over the world.

When I was in high school, my teachers told me that taking a foreign language class would make me more marketable. People who are able to speak and understand other languages have a huge advantage and are more likely to get hired for a job. I think globalization and cultural diversity go hand in hand.  In order to expand a business, we have to understand a culture's needs. For example, McDonald's makes alterations in their menu items depending on the country it is located in. The people of India do not eat cow meat, so McDonald's uses soy burgers instead.  The only way to be successful in the business world is to globalize by being culturally sensitive.