The issue of impact from globalization has gained significant attention. Some people believe that the booming of multinational corporations enhance positive development for society. I personally agree with this perspective as this advancement play significant roles in economic growth, knowledge sharing and enriching culture heritage.
To begin with, the establishment of international companies stimulate economic prosperity. The foreign investment generates cashflow into a country and creates more job opportunities. For example, a Japanese company, relocating to China, brings significant amount of fund for manufacturing factory construction and hire workforce for production. These activities result in economic growth for not only investing companies but also invested companies.
Furthermore, the collaboration between workforce from diverse counties enables knowledge exchange. The expertise sharing, particularly technology development, help advance the existing practice of another country. For instance, the sharing of expertise in artificial intelligence by the US company in developing countries.
Lastly, it is undeniable to say that when people come, they also bring their culture and tradition causing exchange exchanges. Working in multinational companies, workers are able to immerse diverse tradition and food. One notable illustration of this is when company cerebrate Chinese New Year, other colleague will participate in the activities.
In conclusion, I firmly believe that the widespread of intercounty collaborations pose positive benefit for everyone as it boosts economic growth, knowledge sharing and enriching culture heritage.