...People around the world are connected to each other than ever before. It is much easier for people to travel, communicate and do business internationally. This whole phenomenon has been called globalisation. Globalisation is the interaction between countries in order to develop the global economy. It has also been encouraged by trade liberalisation and financial market deregulation. It relates to the economy, politics, culture, society, and generally, with everything we deal with in our everyday lives. Spurred on in the past by merchants, explorers, colonialists and internationalists, globalisation has in times that are more recent been increasing rapidly due to improvements in communications, information and transport technology. There are two types of global integration and they are positive and negative integration. The positive integration deals with homogenising international economic laws and policies and the negative integration deals with eroding of trade or protective barriers such as tariffs and quotas. The economic aspect of globalisation deals with the “increasing occurrence, speed and intensity of production, trading and financial exchange between individuals and bodies across global distances” (Fabian Global Forum, no date: 14). Other economic aspects, which have surfaced over the last thirty years, are multinational companies; technological progress and new financial techniques; authority of umbrella organisations like the World Trade Organisation (WTO), the...
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...Globalisation does not really have an exact origin. It has been here since the beginning of human existence. From the moment people began migrating and exploring the world, they traded and exchanged ideas and techniques, ultimately giving birth to the idea of globalisation. However Theodore Levitt in 1983 introduced the term globalisation to the world. Globalisation in the past couple of years has been a prevalent topic. Look in any newspaper, magazine or television show, and in some way you will see globalisation occurring. Globalisations definition can be liquidated as the rapid exchange of a country’s goods, services, and culture using trade, transportation, and or communication with another country and or multiple countries. (Economic News Articles, 2011) Everything has its advantages and disadvantages. Globalisation is no exception. Examining economy, technology, and culture this essay will assess the advantages and disadvantages of globalisation, and how it possibly is affecting the United Kingdom. The economy today has been greatly affected by globalisation. The world is constantly evolving. Globalisation from an economic perspective is something that needs to be examined carefully. A disadvantage of globalisation on the economy is that as companies expand they are forgetting about the less fortunate countries. The prosperity that countries acquire from globalisation is not evenly distributed among other countries. (The Business Environment, 2009) Some advantages globalisation...
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...used to demonstrate globalisation. Globalisation is the process by which people, their cultures, money, goods and information can be transferred between countries with few or no barriers. There is many ways in which the Walt Disney Company does this, as will be seen in the paragraphs further on; through theme parks, animations, cruise ships, tour guides and technology. The Disney Company was founded by Walt Disney in 1923, when he moved to California and broke into the animation business. One key way that Disney can be used to demonstrate globalisation is through some of the earliest animations produced by the company. One example that particularly demonstrates globalisation well is the 1940 ‘Fantasia’ film. This film is significant because it was the first ever film for children that didn’t require numerous translations after it was developed, simply because there were no words. This meant children and adults all around the globe could enjoy this film about a mouse as it transferred through all countries throughout the world. Many of Disney’s other famous films also demonstrate globalisation, because of the fact that they all represent different cultures and have backdrops from places all over the world for example; Africa with the Lion King, Arabia with Aladdin, China with Mulan, England with Peter Pan and many more. This meant everyone who watched these films gained an understanding on the cultures the films were based upon, demonstrating globalisation. Above anything though...
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...Colin Gaughan (x00110326) “Globalisation is a powerful worldwide force that has brought significant benefits to many peoples. Its benefits, however, have not been universally distributed.” This statement was made by John and George Steiner in 2005. They said this when globalisation was beginning to happen at a rapid pace. Globalisation allows countries worldwide to trade with each other on an economic or political front. This has had many benefits for a lot of people around the world. In my essay, I will discuss the many benefits that globalisation has brought to people. My research has enabled me to analyse this statement to great effect. Firstly, I will give a brief description of the history of globalisation. I will then discuss the many benefits globalisation has had on people worldwide. Then, I will discuss the universal distribution of globalisation. Finally, I will give a coherent conclusion to the points that I have made in my essay. Globalisation, although a relatively new term, has been occurring for many years but it has really began to occur on a much greater scale in recent times. As said by (Ross, 2003) , “globalisation began with a technological breakthrough.” This says a lot about the power that technology has. It is commonly known that technology has been a major player in many changes in the world in recent times, and it is no different with globalisation as it came about as a result of the “world's first microprocessor.” This may not sound like it could...
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...ICDE International Conference November 19-23, 2005, New Delhi EFFECTS OF GLOBALISATION ON EDUCATION AND CULTURE S. Chinnammai University of Madras, Chennai, Tamil Nadu, India rdhakshinamoorthy@hotmail.com Abstract Education is undergoing constant changes under the effects of globalisation. The effects of globalisation on education bring rapid developments in technology and communications are foreseeing changes within learning systems across the world as ideas, values and knowledge, changing the roles of students and teachers, and producing a shift in society from industrialisation towards an information-based society. It reflects the effect on culture and brings about a new form of cultural imperialism. The rise of new cultural imperialism is shaping children, the future citizens of the world into ‘global citizens’, intelligent people with a broad range of skills and knowledge to apply to a competitive, information based society. Globalisation and technological advancements are delivering and increasing access to the world and subsequently subjects should reflect this global outlook. The internationalisation of higher education can be linked to various internal and external changes in the international system. Externally, there have been changes in the labour market, which have resulted in calls for more knowledge and skilled workers, and workers with deeper understandings of languages, cultures and business methods all over the world. Education is becoming more invaluable...
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...Opposition to Globalisation "Globalisation" is a term that became popular in the 1980's to describe the increased movement of people, knowledge and ideas, and goods and money across national borders that has led to increased interconnectedness among the world's populations, economically, politically, socially and culturally (Dreher,2008). Nowadays, the world is becoming more and more globalized. There is no country that can escape from globalisation. With globalisation, many countries get benefits from it. However, it also caused many negative effects from globalisation in many countries. As the ancient Chinese Philosopher Laozi said: “Good fortune follows upon disaster; Disaster lurks within good fortune; Who can say how things will end? Perhaps there is no end.” So it is natural to oppose globalisation. There are many arguments from different views. Some political scientists argue that globalization is making nation-states weaken and that the functions and power of nation-states will gradually take over by global (Dreher et al.,2008). Economists argue that businesses is becoming more competitive and more and more workers may be laid off due to greater competition. For environment, globalization is using up finite resources more quickly and globalization increases world greenhouse gas with carbon dioxide emissions which makes the air pollution worse. For cultural, the uniqueness of cultural is lost in favour of homogenization and a "universal culture" that draws heavily from...
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...Does the term ‘globalisation’ deserve the significance it has acquired in recent years? Introduction Globalisation conjures a myriad of ideas in the mind of individuals due to the varying experiences it has presented over the years. It has become very significant in the 21st century with a deep rooted historical background dating as far back as the 19th century. It is possible to assert that globalisation has transformed our world giving rise to many opportunities although there are numerous risks. However, globalisation has much significance as it affects all our lives. It has benefited many as barriers have been lowered and it has fostered the increased integration of economies. According to Allen and Thomas (2000) ‘Globalisation is a ‘process which embodies a transformation in the spatial organization of social relations and transactions- assessed in terms of their extensity, intensity, velocity and impact-generating transcontinental or interregional flows and networks of activity, interaction, and exercise of power’(Allen and Thomas,2000, p.348). This essay will argue that the term globalisation does deserve the significance it has acquired in recent years, by exploring four themes through the lens of technological advancement, capitalism, the economic dimensions and the impact on the British economy. Globalisation as a concept is not particularly new but it has a historical background which predates 1870 and can be traced even further to earlier periods. Contemporary...
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...Globalisation has intensified inequality Globalisation has built a set of prospects for mainly large firms around the world with declines in tariffs or creation of free trade areas (Celik 2010). Although globalisation has increase economic growth substantially it does however also increase the economic and social gap within and between countries. Income inequality in particular is the effect of globalisation through foreign direct investment. According to the World Development Indicators 2005 (World Bank, 2005), the richest country Norway has a per capita income of $43, 400 whereas the poorest countries Burundi and Ethiopia have a per capita income of $90. These show the huge gap between the poorest and richest countries per capita income. These numbers raised the question “Has globalisation led to a greater income inequality or less?” In the article ‘Is globalisation reducing poverty and inequality’, Wade (2004) questions the empirical basis of the neoliberal argument. The neoliberal argument says that the distribution of income between the entire world’s people has become more equal over the past two decades and the number of people living in extreme poverty has fallen. It states that these progressive trends are due in large part to the rising density of economic integration between countries, which has made for rising efficiency of resource use worldwide as countries and regions specialize in line with their comparative advantage. This is partially true as...
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...Introduction Globalisation is expressed as a connection between communities globally. In an economic sense, it is the growth in international trades, investments and capital flows. It bridges the gap between countries through technologies and communications. As Friedman (2000, p9) states “it is the inexorable integration of markets, nation-states and technologies to a degree never witness before – in a way that enables individuals and corporations to reach around the world further, faster and cheaper than ever before…”. The key aspect to globalisation is to increase growth. Though globalisation does bring benefits and opportunities to developing countries – many argue that globalisation will widen the income gap between the rich and poor. For Globalisation Developing countries will see a growth in their economy. Carbaugh (2009, p21) mentions that open borders permit new ideas and technology to flow freely around the world. Multi-national corporations(MNC) that tap into these countries experience free trade between nations and inexpensive production sites, as such, jobs are created. Wages given tend to be better than other local similar opportunities or position – jobs that require higher skill set is a catalyst for increased education level. With high trades and investments, it stabilizes and stimulates the local economy and raises the standards of living. Yeates (2002, p10) points out that globalisation creates consumer choice and prosperity for all, but especially...
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...GLOBALISATION COG: GROUP ASSIGNMENT What is Globalisation? Globalisation might have become a buzz-word off late but it is not a new phenomenon. Globalisation loosely refers to the integrated international activities and might have its roots in economic benefits of specialization and competitive advantage. However, with the increased flow of information and ideas across the nations, globalisation has led to make the world a level playing field with very little barriers. The first wave of the organised globalisation started with nations going global, essentially in the quest of new avenues to increase the revenue from the trade activities and access to natural resources. The scramble for the new markets and natural resources led to imperialism and eventually to wars. In the second wave of the globalisation it was organizations that were going global, again in the search for markets and cheaper resources. As the organizations continued to prosper reaping the benefits of the global supply chain, there was an increasing pressure to further reduce the trade barriers amongst the nations. In the third wave of the globalisation, it’s the people who are going global and has lead to integration of different cultures. The world has become a single market and has presented the organizations with huge opportunities as well as increased competition. The complicated interdependencies have perplexed the organizations and regulatory authorities looking for the sweet spot between growth...
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...quality of foods. Both in the food industry, the businesses respond to these influences through the variety of similar and different strategies. The operations process is influenced by technology, quality expectations and globalisation. Similarly, B&P and SJ respond to these influences by the strategies of using leading edge and established technology, inventory management quality management outsourcing and the design and development of new products. 2. Technology Technology is the design, construction and application of innovative devices, methods and machinery upon the operations process. If technology is responded to efficiently, businesses applying efficient strategies to improve efficiency and quality, as machines make manufacturing more accurate. SJ strategically use leading edge technology, which is the most advanced or innovative technology at any point in time. For example, SJ use new technologies of temperature controlled transportation in ships and trucks. Specifically important for their imported perishable goods such as ham and cheese to sustain quality but ensuring products are consistently at a temperature of -4 degrees Celsius; overall improving the operations process as quality, speed, dependability and flexibility are all efficient. SJ responding to the influence of technology resulted in their...
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...the Business Environment ‘Globalisation has wrought fundamental changes in the global economy and it is evident that the effects of globalisation are more positive than negative’ Assignment 1 Tutor: Robert Waldersee Author: Catherine Whitaker Student No: 211664327 Address: 7/59 Howard St Randwick 2031 Introduction What is Globalisation? Dutch academic Ruud Lubbers, on his website http://globalize.kub.nl/ defines globalisation as: … a process in which geographic distance becomes a factor of diminishing importance in the establishment and maintenance of cross border economic, political and socio cultural relations. Ruud’s definition draws attention to the following main points: • globalisation involves processes that transcend geographic and national boundaries, • these processes are of an economic nature, • there are political implications and considerations, and • socio cultural factors are also impacted. The issue of Globalisation has become a contentious one in recent years. Note the violent demonstrations in Seattle in 1999 and subsequent demonstrations by anti-globalisation groups such as S11. However there are many advocates of globalisation who support the ideals of free trade and free moving economies whose fate is left to market forces. The purpose of this paper is to examine some of the main issues associated with Globalisation and the current debate of these topics...
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...Globalisation is the process of communication and unification among companies, governments and the people of different nations. Globalisation is driven by international trade and investment and it is supported by the increased use of technology which is recent years has been greatly improved. Globalisation has a great effect of the environment, on political systems and economic development around the world. There are four types of globalisation, (1) technological, (2) economic, (3) political and (4) cultural. Technological globalisation is the spread of technology and the link that it creates between states in terms of how it has improved in recent years. Communication between states has improved greatly due to the advancing nature of technology and it has become a growing bridge between countries. Companies such as Apple, Google and Microsoft that began in the USA are now used worldwide, they have improved greatly due to their increased usage around the world. In terms of technological globalization the USA comes out on top, with UK and China coming in behind it. There is competition between these states in terms of technology which benefits the economy significantly. Economic globalisation is the emergence of the global market and the expansion of free trade. Economic globalisation contributes to the growth of an international trading system linking finance, production, distribution and the consumption of goods and services on a global basis. Economic globalisation has...
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...Contemporary Challenges for IT Managers Tutorial 3 Topic(s): Globalisation, Outsourcing / Offshoring Instructions: Due: Tutorials 1-4 due 4:00pm on Friday of Week 4 Where to submit: Moodle 1. What information is provided or issues raised by the video on the slide titled“Globalisation – Video 1” in the “Globalisation” lecture? 2. What is Globalisation? * Globalization is a new contemporary stage of development of capitalism over the world. It is a process of social change in which geographic and cultural barriers are reduced. Also is the process of transformation of local or regional things or phenomena into global ones. 3. What information is provided or issues raised by the video on the slide titled “Globalisation – Video 2” in the “Globalisation” lecture? 4. How was early globalisation characterised? * The first phase of globalisation in the late nineteenth century was characterised by an integration of markets through an exchange of goods that was facilitated by the movement of capital and labour across national boundaries. * The second phase of globalisation is characterised by an integration of production with linkages that are wider and deeper. 5. Describe the forces that drove globalisation. * Berlin Wall/ Communism * Windows * World Wide Web (WWW) * Work Flow Software / Standards * Uploading * Outsourcing * Offshoring ...
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...provided questions by doing research. 1. a) Globalisation- “Globalisation refers to a set of processes which involve the increasing multi directional flows of things, people and information across the planet” (Giddens & Sutton, 2013: p. 127). However, I would say that the meaning of globalisation is in fact the interrelationship everyone (part of business or organisations and more) within this world has with one another. b) Colonialism- Colonialism refers to the transplantation or population of people from one region to another (Webster, 1990: p. 74). Colonialism mostly also refers to one territory overpowering another for the purpose of possessing the land of the overpowered...
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