Premium Essay

Golbal

In:

Submitted By gabriellemike27
Words 1017
Pages 5
Globalization

December 11, 2012

Globalization

Globalization is a trend of joining countries together economically, socially, informational, industrially, politically, and many more. Even though, globalizing had been around for a long time, such as, “Islamic Golden Age when Muslim traders and explorers established an early global economy across the Old World resulting in a globalization of crops, trade, knowledge and technology” (Wikipedia.com) before the turn of 16th century. In modern term of globalization “is a process of interaction and integration among people, companies, and governments of different nations [with intention of] international trades and investment and exchange of information technologies” never seen before. (Levin Institute, 2009). To most people, they think of as “to bring people of all nations closer together” (Wikipedia.com) as ‘the small world.’ Globalization is a way of eliminating barriers of country borders, to communicate in real-time overcoming time zones, language barriers to form a world language to allow everyone capability to communicate, and many more.

Globalization has an effect on many words or terms such as American, Jewish, Muslim in related to religious level could change to one religion recognize by what might be called ‘multiculturalism’. It had been known here in America as “The melting pot” which many different cultural had and is still migrating into America now extends out to the rest of the world.

There may be lots of pros or positives but it does not go without negatives or resistance. For example, “Islamic country may resist globalization because they see it as equivalent to westernization—weakening the religious strength of a country and exposing its people to corrupting ideas.” (Ellis-Christensen, 2009). In addition, some people fear globalizing may have a negative effect on poor countries such as

Similar Documents

Free Essay

Golbal Governance

...Global Governance Governance is a process or all processes of governing. It is mainly undertaken by a market, hierarchy (government) and network. It is undertaken over a family, tribe, formal or informal organization or territory. It needs laws, norms, power or language. Governance relates to “the processes of interaction and decision-making among the actors involved in a collective problem that lead to the creation, reinforcement, or reproduction of social norms and institutions. Although government may be involved in governance, it is possible to have ‘governance without government’. Global governance is a broad, dynamic and complex process of interactive decision-making at the global level. Global governance refers to the processes through which international affairs are coordinated. Global Governance or world governance is a movement towards political integration of transnational actors aimed at negotiating responses to problems that affect more than one state or region. It tends to involve institutionalization. These institutions of global governance_the United Nations, the International Criminal Court, the World Bank, etc,._tend to have limited or demarcated power to enforce compliance. The modern question of world governance exists in the context of globalization and globalizing regimes of power: politically, economically and culturally. In response to the acceleration of interdependence on a worldwide scale, both between human societies and between humankind and...

Words: 1209 - Pages: 5

Premium Essay

Golbal Finance

...Brooklyn College Bus 7240X- Fall, 2011 Prof. Charles H Columbus Midterm Exam- November, 7, 2011 1. What are the key considerations an MNE must address when entering a new geography and what are the new concerns for its Financial Management? Why go Global? The keys considerations are: first, an open marketplace which is the fundamental condition for value creation. Second, a strategic management which is the ability to see business opportunities and to design, develop, and execute a long term plan with the goal to create value. The last thing is the access to capital which is the capability of the MNE to access to affordable capital in order to finance the investments. The international financial management requires an understanding of cultural, historical, the institutional differences such as those affecting corporate governance, the FX risk, the political risk, and the financial instruments. It is good to go global because it generates significant benefits for all shareholders. The theory of comparative advantage provides a basis for explaining and justifying why it is good to go global. Going global can make everybody better off. 2. A corporation has many masters to serve. Who owns the Business? Contrast the two wealth maximization models and how it played into the Porsche/VW saga? Companies are created by individuals or small set of partners. The ownership of a company can go from a 100 percent privately own to 100 percent publicly traded and in between a mixer...

Words: 1988 - Pages: 8

Premium Essay

Why Business Goes Golbal?

...ASSIGNMENT ON “Why does Business go Global?” [pic] Submitted By: Mohammad Ilyas Submitted To: Mr. Zeb Department of Management Sciences FAST-National University of Computer and Emerging Sciences, Peshawar Why does Business go Global? Going global for a business has 3 very different meanings. One meaning is to begin selling products and services to other parts of the world. A second meaning is to begin outsourcing labor to another part of the world. And, the third meaning is to begin buying materials from another part of the world. In our previous class of Global Corporate Strategy we discussed that why business goes global? There are certain advantages and disadvantages for a business to go global that are listed below: • Cheap Resources or Labor: Most of the companies goes global because or cheap labor is available in another country to gain comparative advantage. In search of low cost labor the multinational companies they look into the cost of the labor and labor productivity. Companies wants to gain competitive advantage in the market and how these companies can gain competitive advantage it depends on three things, Better, Cheaper and Faster production then the companies can gain competitive advantage. E.g of Nike who is an American company but they are manufacturing their sports shoes in different countries of the world, in some countries they are making the soal...

Words: 774 - Pages: 4

Free Essay

Ecosystem Structure Function and Change Paper

...Ecosystems and Economics Paper BIO/280 Ecosystems and Economics Paper Our society has come to a point in time where we are more concerned about having the latest thing. While humans choose to consume natural resources our ecosystems are diminishing. In this paper I will discuss degradation, loss, effecst humans have on our planet, and the cost and benefits of human enterprise in terms of ecosystems. Degradation and Loss In past years, people have reshaped ecosystems, faster and more ample than in any time in history. While meeting fast growing request on food, fresh water, timber, and fuel. Resulting in a permanent loss in diversity of life on this planet. “These alteration we have made to our ecosystem have contributed to considerable net gain in human well-being and economic development, these gains have been achieved at growing cost in the form of the degradation of many ecosystem services” (Leemans, 2003). Effects of human activity on ecosystems Humans and technologies are disturbing the trophic structure, energy flow and the chemical balance of ecosystems worldwide. Humans move nutrients from one place to another in an ecosystem. Example; Soil from a farm can be transported into streams, and lakes, diminishing nutrients in an area causing excess to develop in another area, and disturbing chemical cycles in both areas. Introduction of toxic chemicals by humans into ecosystems have caused these chemicals to be consumed and metabolized by organisms. These chemicals...

Words: 568 - Pages: 3

Premium Essay

Why Business Goes Global

...Why Business Goes Golbal? ASSIGNMENT “Why does Business go Global?” Submitted By: Mohammad Ily Submitted To: Mr. Zeb Department of Management Sciences FAST-National University of Computer and Emerging Sciences, Peshawar Why does Business go Global? Going global for a business has 3 very different meanings. One meaning is to begin selling products and services to other parts of the world. A second meaning is to begin outsourcing labor to another part of the world. And, the third meaning is to begin buying materials from another part of the world. In our previous class of Global Corporate Strategy we discussed that why business goes global? There are certain advantages and disadvantages for a business to go global that are listed below: • Cheap Resources or Labor: Most of the companies go global because of cheap labor is available in another country to gain comparative advantage. In search of low cost labor the multinational companies they look into the cost of the labor and labor productivity. Companies wants to gain competitive advantage in the market and how these companies can gain competitive advantage it depends on three things, Better, Cheaper and Faster production then the companies can gain competitive advantage. E.g of Nike who is an American company but they are manufacturing their sports shoes in different countries of the world, in some countries they are making the soal for shoes some are designing the leather for shoes etc. • Saturation of the...

Words: 772 - Pages: 4

Premium Essay

Administration Development & Global Perspectives in 21st Century

...ADMINISTRATION DEVELOPMENT & GLOBAL PERSPECTIVES IN 21ST CENTURY Dr. S.B. Ambhore Professor Dept of Economics Smt Dankuwar Mahila Mahavidalya Jalna Suresh Shravan Patil Arts, Commerce college Chanawad Nashik Introduction The Indian economic scenario has taken an ‘U’ shape turn over the recent past. India has witnessed a stagnant, tranquil and well protected economy since last several decades. The Indian organizations are constantly striving to improve their managerial competence in today’s competitive global world. To improve the productivity, Indian companies requires’ Management. Managerial activity being concerned with things done through people, managers have the opportunity of utilizing human resources to secure greater productivity, manager is a person who actually does and get others to do things. All the technological up gradations which are happening are because of the human resource, which shows the importance of management development for a global perspective. Today Mangers do not concentrate on one thing at a time; they work on a complex situation. Analytical skill and presence of mind the twin facets to achieve an end result. Convincing everyone on every situation is a tough task on the part of managers. In a complicated situation, management development is an effective tool for H.R.D. India at present requires successful managers to run successfully the industrial enterprises...

Words: 966 - Pages: 4

Premium Essay

Scm- Third Movemnet

...Business & IT Expertise Network Focus Study / Bench Marking SCM(4) : Á¦»ïÀÚ¹°·ù ¹× ÆÐÅ°Áö ¼Ò°³ À̺ÀÃá »ï¼º SDS, e-Biz Consulting ÆÀ Â÷ ¸ñ 1. Á¦»ïÀÚ¹°·ù (Third Party Logistics) 1.1 Supply Chain Management ÀÇ º¯È1.2 °í°´ÀÇ ¿ä±¸ & Third Party ÀÇ ¿ªÇÒ 1.3 Third Party Logistics ½ÃÀåÀÇ °-Á¡ ¹× ¾àÁ¡ 1.4 Á¢±Ù¹æ¹ý°ú ¼º°ø ¿ä¼Ò (Àü·«Àû Á¦ÈÞ) 2. SCM ÆÐÅ°Áö ¼Ò°³ 2.1 SCM Vendor Map 2.2 Gartner Group Magic Quadrant Evaluation Criteria 2.3 Numetrix Ltd 2.4 i2 Technologies 2.5 SAP 2.6 Manugistics 2.7 People Soft 2.8 Advanced Planning Systems. Inc (APSI) 2.9 Chesapeake Decision Sciences 2.10 CAPS Logistics, Inc. 2.11 ProModel 2.12 IMI ( Industri-Matematik International ) 2.13 Aspect Development º» ÀÚ·á¿¡¼-´Â Á¦»ïÀÚ¹°·ù¸¦ °£·«È÷ »ìÆ캸°í, SCM ÆÐÅ°Áö¿¡ ´ëÇؼ- ÁßÁ¡ÀûÀ¸·Î ¾Ë¾Æº»´Ù. ÃÖ±Ù ¿ø°¡ Àý°¨,À¯¿¬¼º ÁõÁø, »õ·Î¿î Á¦Ç°, ä³Î, ¼-ºñ½º Á¦°ø¿¡ µû¸¥ À§Çè °¨¼Ò µîÀÇ °í°´ ¿ä±¸¸¦ ¸¸Á·½ÃÅ°±â À§ÇØ Á¦»ïÀÚ¹°·ù(Third Party Logistics)¿¡ ´ëÇÑ °í·Á°¡ ´Ã¾î³ª°í ÀÖ´Ù. º» ÀÚ·á¿¡¼-´Â Á¦»ïÀÚ¹°·ùÀÇ ¿ªÇÒ, °-¾àÁ¡, KSF µîÀ» °£·«È÷ ¼Ò°³ÇÏ°í ÀÖ´Ù. ¶ÇÇÑ, SCM Vendor Map °ú Gartner Group Magic Quadrant Evaluation Criteria À» °£·«È÷ »ìÆ캸°í, Numetrix Ltd, i2 Technologies, SAP, Manugistics, People Soft, Advanced Planning Systems. Inc (APSI), Chesapeake Decision Sciences, CAPS, Logistics, Inc., ProModel, IMI ( Industri-Matematik International), Aspect Development µî¿¡¼- Á¦°øÇÏ°í ÀÖ´Â SCM ÆÐÅ°Áö¿¡ ´ëÇؼ- ¾Ë¾Æº»´Ù. ÁÖÁ¦¿µ¿ª SCM, ¹°·ùÀ¯Åë, KSF PAGE 1 Copyright © 2000 BizSpectrum. All Rights Reserved. º» ÀÚ·áÀÇ...

Words: 2526 - Pages: 11

Premium Essay

Global Marketing Summary

...Summary Global Marketing A market-responsive approach Svend Hollensen Second Edition 2001 ISBN 0-273-64644-3 -1- PART 1 Chapter 1 THE DECISION WHETHER TO INTERNATIONALIZE Global marketing in the firm SME: small medium sized enterprises LSE: large scale enterprises Companies wit little international experience and a weak position in their home market have little reason to try to perform on global markets. Instead they should try to establish a stronger position on their home market. A firm that finds itself as a dwarf on the global market may seek ways to increase their net worth by seeking partners, suited for a buy-out on longterm. If a firm already has international competences, it can overcome some of it’s competitive disadvantages by going into alliances with companies representing complementary competences. If you are ready for global marketing or not is bases on two things: 1. The industry of your business (how global is / can it be) 2. The preparedness for internationalisation 1 can be divided into mature; adolescent; immature 2 can be divided in local; potentially global; global Given the character of a company in both segments, one of the nine possible strategies can be chosen. You can find these in figure 1.1 on page 4 of Global Marketing. Difference between management styles of LSE and SME: Many LSE have begun downsizing their companies operations, so in reality, many LSE act like a lot of small differ operations. It can be...

Words: 23992 - Pages: 96

Premium Essay

Nestle Expanding Globally

...CHAPTER ONE Introduction 1 1.1 INTRODUCTION INTRODUCTION TO NESTLÉ S.A. Nestlé began in Switzerland in the mid 1860s when founder Henri Nestlé created one of the first baby formulas. Henri realized the need for a healthy and economical product to serve as an alternative for mothers who could not breastfeed their babies. Mothers who were unable to breastfeed often lost their infants to malnutrition. Henri’s product was a carefully formulated mixture of cow’s milk, flour and sugar. Nestlé’s first product was called Farine Lactée (“cornflour gruel” in French) Henri Nestlé. The product was first used on a premature baby who could not tolerate his mother’s milk or other alternative products of that time. Doctors gave up on treating the infant. Miraculously the baby tolerated Henri’s new formula and it provided the nourishment that saved his life. Within a few years the first Nestlé product was marketed in Europe. In 1874, Jules Monnerat purchased the Nestlé Company. Nestlé developed its own condensed milk to contend with its competitor, the Anglo-Swiss Condensed Milk Company. The Anglo-Swiss Condensed Milk Company made products like cheese and instant formulas. The two companies merged in 1905, the year after Nestlé added chocolate to its line of foods. The newly formed Nestlé and Anglo-Swiss Milk Company had factories in the United States, Britain, Spain and Germany. Soon the company was full-scale manufacturing in Australia with warehouses in Singapore, Hong Kong and...

Words: 12626 - Pages: 51

Premium Essay

Terrorism

...Terrorism came from the word of ‘terror’ which mean to horror and to fear. There is no specific definition about the meaning of terrorism. This is because the field that related inside terrorism is very wide and there are over 100 definitions of ‘terrorism’ according to studies. Terrorism have been existed for many years as a global phenomenon, but only in few decades ago that it has been getting stronger and to influence our daily lives with any costs. In our report, we will explain more details about the relationship of terrorism and transportation. Transportation has always been a target or method for terrorism to transfer their message to the public. While transportation keeps economic moving, nationally and globally, business relies on transport and transport systems at every level no matter transferring goods, transporting customers or staff commuting. From jet airliners to mass transit buses and rail terminals, vehicles and transport facilities are all-too familiar targets of terrorist attacks in all country and abroad. The impact of large-scale disruption of transport infrastructures can be critical for national and global business because transport systems have long been viewed as targets for terrorists groups worldwide. Also we will elaborate more on how terrorism can be spread or being use through the four methods of transportation like rail, road, aviation and maritime. For the incident strikes on the World Trade Center (WTC) in New York on September 11, 2001,...

Words: 13246 - Pages: 53

Premium Essay

A Comparative Analysis of Various Investment Avenues with Respect to Risk & Return

...A COMPARATIVE ANALYSIS OF VARIOUS INVESTMENT AVENUES WITH RESPECT TO RISK & RETURN A Project Report Submitted in partial fulfillment of the requirements for the Award of Degree of E-MBA Submitted by : Prabhjeet Singh [pic] BHARATI VIDYAPEETH DEEMED UNIVERSITY, PUNE (INDIA) School of Distance Education (SDE) Academic Study Center : BVIMR, New Delhi (University established under 3 of the UGC act,1956) CONTENTS |S.No | |P.No. | | |Acknowledgement |2 | | |Certificate |3 | |1. |Introduction | | | |1.1 : Introduction |6-7 | | |1.2 Company Profile | | | |1.3 Industry Analysis |8-14 | | |1.4 Problem in the Organisation | | | |1...

Words: 17636 - Pages: 71

Premium Essay

Computer Engineer

...* CCNA Routing & Switching 200-120 * Chapter 1 – Understanding Networks and their Building Blocks * 1-1 Introduction to Networks * 1-2 Networking Types * 1-3 OSI Reference Model * 1-4 TCP/IP Model * 1-5 Ethernet Technologies and Cabling * 1-6 Cisco 3 Layer Model * 1-7 Summary * Chapter 2 – IP Addressing and Subnets * 2-1 IP Addresses – Composition, Types and Classes * 2-2 Private and Public IP addresses * 2-3 Subnetting * 2-4 Variable Length Subnet Masks (VLSM) * 2-5 Route Summarization * 2-6 Troubleshooting IP Addressing * Chapter 3 Introduction to Cisco Routers, Switches and IOS * 3-1 Introduction to Cisco Routers, Switches, IOS & the Boot Process * 3-2 Using the Command-Line Interface (CLI) * 3-3 Basic Configuration of Router and Switches * 3-4 Configuring Router Interfaces * 3-5 Gathering Information and Verifying Configuration * 3-6 Configuring DNS & DHCP * 3-7 Saving, Erasing, Restoring and Backing up Configuration & IOS File * 3-8 Password Recovery on a Cisco Router * 3-9 Cisco Discovery Protocol (CDP) * 3-10 Using Telnet on IOS * 3-11 CCNA Lab #1 * Chapter 4 Introduction to IP Routing * 4-1 Understanding IP Routing * 4-2 Static, Default and Dynamic Routing * 4-3 Administrative Distance and Routing...

Words: 95744 - Pages: 383