Global Business Essay Example | Topics and Well Written Essays - 2500 words - 1

Global Business - Essay illustrationIn this paper, the various aspects of the spread of businesses to a global level sh either be outlined and their impacts on the products they ecstasy detailed (Wild, 2009).The troupe to be focused on is Intertheme Business Machines (IBM). This is a public company founded in 1911 by Thomas J. Watson and Charles Ranlett Flint. The firm is headquartered in Armonk, New York. It has among the most developed global networks and serves the intact world at present (Steers, 2010). IBM has interests in the provision of services, financing, hardware, and software. Its take on the global business picture shall be outlined in the following sections.globalization is the movement towards achievement of greater interdependence among economies and national institutions in view of their political, cultural, technological, and economic advancements. The falling barriers to trade and investing in general have facilitated globalization largely. Technology has also played an important role in vegetable oiling the wheels of the globalization locomotive. These two forces have ensured that companies all over the world can slabber out business in locations far away from their headquarters. Globalization has played an important part in reducing income inequalities across the globe. Poor countries can now gestate their employees wages that were not possible a few eld ago. The availability of jobs by multinationals in unusual countries has also elevated the standards of living of people in faraway lands. Multinational corporations such as oil conglomerates have led the pack in ensuring globalization. The global business environment has enabled corporations in the world to carry out business at a much lower cost than it was in the previous years (Ietto-Gillies, 2005).IBM has branches all over the world to oversee its operations in these countries. While headquartered in New York in the United States, it has subsidiaries in Europe whose operationa l