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Addressing Globalization in Respect to the Russian Petroleum Industries: Investigating the Human and Economic Impacts of Globalization with an Emphasis on the Company LUKOIL.
This paper shows that through examining the current economic climate achieved through globalization in respect to potential business strategies enables for a better understanding of investment and opportunities within the Russian petroleum market. In addition, this paper places a strong emphasis on the opinion that the human costs of globalization can generally not be addressed separately from the economic profits of globalization, where while there is no question that globalization does promote economic concerns, the overall impact of globalization has a high cost on those who are not in a position to profit from it. Such findings can therefore be applied in practice. This paper thus serves as a literature- based area of discourse for this topic and can be used as a foundation for formulating later discussions and analysis within this field.
