Globalization has significantly facilitated the growth of multinational corporations by enabling them to access new markets, diversify their investments, and leverage cost efficiencies across borders. However, this relationship can also lead to criticisms regarding the exploitation of labor and resources in developing countries, raising concerns about corporate accountability and ethical practices.
In 1–2 sentences, critique or support the relationship between globalization and the growth of multinational corporations.(2 points)
5 answers
can you rewrite this
Globalization has greatly contributed to the expansion of multinational corporations by providing them with opportunities to enter new markets, diversify investments, and optimize costs across different regions. However, this relationship also draws criticism for potentially enabling the exploitation of labor and resources in developing nations, leading to concerns about corporate responsibility and ethical standards.
rewrite in different words
Globalization has played a crucial role in the expansion of multinational corporations by opening up new markets, allowing for investment diversification, and enhancing cost efficiencies across nations. However, this dynamic is often criticized for leading to the exploitation of labor and resources in lesser-developed countries, raising important questions about corporate ethics and accountability.
1 answer