1. Globalization means expanding our company business dealings all over the world. It is a good move for the company as it opens new trading opportunities in the international markets. It will enable us to tap the numerous benefits of global market (Daniels, & Daniels, 2002). Globalization

2. Why globalization? The reasons to why I opted we go global include: massive potential customer base, ability to maintain low cost of goods and services, cause businesses to compete for the lowest manufacturing and distribution price hence facilitating importation of these goods and services at a lower prices, promotes introduction of new products in the market through innovation, facilitate business expansion, promote spread of technology and benefits the society around it (Dell'Ariccia & International Monetary Fund, 2008).

3. Target geographical location for global expansion I suggest Cape Town in South Africa as the most suitable geographical location for global expansion. Background Information In Support Of the Location The information include: Market economies, better internal communications, more rapid, reliable travel and shipping, ease of capital flow between countries, and high differences in labor cost (Hill, 2005).

4. In view of company’s goal This decision will promote the overall goal of growth and expansion of the company globally. It will tap more revenues hence providing more funds for investments in other countries (Hill, 2005). There is low competition in Africa as most countries are yet to realize full development. Business opportunities are numerous and by the company establishment in this country will enable it have further studies of neighboring countries that it can venture into in the near future.

5. Incase of opposing perspective If somebody had an opposing perspective, I will refute him or her by explaining the numerous benefits that can be realized in global business and free trade market. The company can only grow and expand by seeking new markets to acquire more revenues. The company can easily lose hold or even close down if it were to rely entirely on a single market location that is unpredictable thus the need for globalization.

6. References Dell'Ariccia, G., & International Monetary Fund. (2008). Reaping the benefits of financialglobalization. Washington, DC: International Monetary Fund. Hill, J. S. (2005). World business: Globalization, analysis, and strategy. Mason, Ohio:Thomson/South-Western. Daniels, J. D., Radebaugh, L. H., Sullivan, D. P., & Daniels, J. D. (2002). Globalization andbusiness. Upper Saddle River, N.J: Prentice Hall.