Speaker 2

Cross examination of opposing team positionThree points our opposing team has kept and pointing the weakness of their argument. The points can be crossed easily though. The positive side of globalization in United Arab Emirates and arguments for the discussion are as follows-

New risk- With expanding the business there is no risk involved as there is a high degree of diversification in the market and increasing amount of competition in the UAE market. Large markets bring certain amount of positive points like quality improvement in the business and business process. The profit is likely seen to have fluctuating rates bringing stability and predictability in businesses in United Arab Emirates.

Arguments for it- Globalization is about new opportunities increasing leverage and easy credit as the money flow is across the boundaries irrespective of local and national in United Arab Emirates. Globalization boosts the aggregate demand, increasing the income cycle and growth in financial condition of the firm. With huge amount of risk, a little risk can be adjusted.

Job creation- With expansion of business there will be creation of jobs in United Arab Emirates. The company would expand in United Arab Emirates, as more opportunities will be available in these areas (Rugman and Brewer, 2001). There will be more opportunity for United Arab Emirates as these companies willing to expand will prefer the developed countries.

Arguments for it- Expanding the business brings positive note for the company and the country. There is an increase in the wealth of the organization. The United Arab Emirates is already developed with the aspect of job and income groups of their population the new company cannot make a difference in the country like this. There is opportunity for the organization as well as the home country the company belongs too. Thus, the efficiency of the employees and the people associated with the organization increases.

Offer work good remunerations and other benefits- In the UAE, globalization will offer the change to works. They will be trained about the changes in management caused by globalization. In addition they will be better remunerated.

Arguments for it- With expansion and globalization the company gains a lot benefits and even the benefits are shared with UAE and its economy where the organization plans to expand. Globalization brings new advancement in the economy of the developing country and changes the shape of operations. Availability of cheap labor or workers is a benefit for the organization. United Arab Emirates has made laws to protect its people and look into the matter that they do not get exploit.

An example can be taken to support my team argument- A company dealing with fashion products wants to expand in the UAE market. As a developing country, it offers huge benefit to the organization as well as to the UAE economy. The organization gets opportunity to explore new market with new customers and a scope to increase its revenue. The UAE economy benefits by getting a new brand and new offers in the market in social point, gets new jobs opportunities in the market. The United Arab Emirates has laws, which are in favor of its people and to verify the exploitation of its people.