Global Competition

Essay by reed359 July 2008

download word file, 2 pages 2.5

The article, "UPS: From Local Startup to Global Titan," talks about some of the lessons that the company learned in going global from an interview with co-author Mike Brewster. It talks about how there was a movement in the UPS company to stay domestic since it was doing well in the 1970s and 1980s. However, it wasn't until the company's founder, Jim Casey went to West Germany and saw how inefficient their national post office was that they saw the opportunity to go global. The article later talks about how the company had a lot of problems in germany at first because they had difficulty attracting and keeping people to work there. They also had very many challenges in making sure the company's customer-service was similar all over.

In todays current society, companies all over the world are increasingly affected by the actions of their international competitors.

Companies whom are global promote jobs and higher incomes which enable undeveloped countries to raise their labor and environmental standards. However, this has a negative affect on small businesses and third world countries who are already in business because they do not have the money to compete in the global market and may not be capable of updating their technology as often as wealthier nations could, thus forcing them to do business locally. When countries open themselves up to international competition, governments must apply economic rationalist principles where they may have to cut government spending in essential areas such as health, welfare, and education which would result in reducing the quality of life in these countries. First world countries may misuse and abuse poorer third world countries where they may see people as cheap and inexpensive labor that can be easily controlled and manipulated. People in struggling countries have no...