In recent decades there have been arguments both for and against globalization's ability to ensure a sustainable future. The authors attest to the inability of societies and businesses to take into account ecological and environmental limits when it comes to economic growth, examples of this are some of the traditional business metrics used by most global companies and the measure of wealth (GDP) of nations; both sides, heavily based on economic factors, fail to take social and environmental concerns into account (Byrnea & Gloverb, 2002). Other researchers highlight the intensive use of resources, especially by multinationals; such as the growing and reckless consumption of fossil fuels, water, precious metals, etc. leading to an increase in greenhouse gases (Starke, 2002) (United Nations Development Program (UNDP), 2000). The most fervent opponents go so far as to define “sustainable development” as an oxymoron (Ayres, 1995). On the other hand, many analysts and economists suggest that globalization has been shown to improve the overall wealth of society (Bryan & Farrell, 1996) and will continue to do so in the future. Others also claim that globalization will improve people's well-being, encourage cultural exchange, and promote democratization (Wildavsky, 1995) (Friedman, 2000) (Byrnea & Gloverb, 2002). Ayres (2008) advances the concept of "sustainability economics", which deals with the issue of maintaining economic growth by paying particular attention to environmental concerns related to energy use and resource depletion, particularly the consumption of fuel and its relationship with climate change. Because of the obvious social and economic benefits of globalization, there are forces that simultaneously demand the protection of...... middle of paper......• Shields, M., & Young, S. (1992 ). Effective long-term cost reduction: a strategic perspective. Journal of Cost Management, 6 (2), 16-30.• Starke, L. (2002). State of the World 2002: World Summit Special Edition. New York: W. W. Norton.• Toscano, J. (2003). Globalization and sustainable development. In B. H and R. W, Achieving sustainable development: the challenge of societal-scale governance. Westport, Connecticut: Praeger.• United Nations Development Program (UNDP). (2000). Human Development Report 2000. New York and Oxford: Oxford University Press.• Wildavsky, A. (1995). But is it true? A citizen's guide to environmental health and safety issues. Cambridge, MA: Harvard University Press.• Zachariassen, F., & Arlbjørn, J. (2011). Explore a differentiated approach to total cost of ownership. Industrial management and data systems , 111 (3), 448-469.