Describe the globalization erodes standards

Reference no: EM132774443

Debate Questions: Develop and present your arguments with relevant examples to either support or oppose the following statements.

Statement 1: "The linkage of S-C-P always works on predefined formation. Structure of the market always influences the conducts of the firm and in return, it influences the performance of the firm."

Statement 2: "Globalization erodes standards of living and ruins ways of life. Specifically, globalization eliminates jobs and lowers wages in developed countries and exploits workers in developing countries".

Statement 3: "Businesses should be of a singular mind- making profit as the sole goal of the firm. This means businesses should not have an obligation to ‘give back' some of their profits to the community or environment in which they operate."

Reference no: EM132774443

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