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Operations Management-Discussion (4)

Operations Management-Discussion (4)

Q • Is Globalization good for America and the World? • What advantages do you see in a company with globalized operations?

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The globalization refers to the process of interaction between the countries that allows them to interchange the culture, products, and ideas on a global scale. There are various aspects of the globalization concept and among them, one of the most notable is its economic aspect. The globalization allows a country to more actively participate in economic activities with the other countries (Rouse, 2016). Globalization allows the producers to use cheaper sources of the resources and to support a cost-effective production. It also allows the producers to reach a wider market scope that would increase their revenue.