Implication of Globalization

Implication of Globalization











MAPOPA KENNETH KAPIRA
EXPLOIT UNIVERSITY
FACULTY OF COMMERCE
BACHELORS DEGREE COMPLETION PROGRAM
THIRD YEAR 2ND SEMESTER
STRATEGIC MANAGEMENT
SUBMITTED TO MR M.MUKIWA

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Question 2
Globalization is a process of interaction and integration among the people, companies and governments of different nations, a process driven by international trade and investment and aided by information technology .This process has effects on economic development and prosperity, on culture, on environment, on political systems, and on human physical well being in societies around the world. Globalization is not new, though for thousands of years, people and later corporations have been buying from and selling each other in lands at great distances, such as the famed Silk Road across central Asia that connected China and Europe during the middle ages. Likewise for centuries, people and corporations have invested in interprises in other countries. In fact many of the features of the current wave of globalization are similar to those prevailing before the outbreak of the first world war in 1914. But policy and technology developments have spurred increases in cross border trade investment and migration so large that many observer believe the world has entered a qualitatively new phase in its economic development. The current wave of globalization has been driven by policies that have opened economies domestically and internationally. In my essay I will explain the implications of globalization on Coca-Cola.

History of Coke
The Early Days
Coca-Cola was created in 1886 by John Pemberton, a pharmacist in Atlanta, Georgia, who
sold the syrup mixed with fountain water as a potion for mental and physical disorders. The
formula changed hands three more times before Asa D. Candler added carbonation and by
2003, Coca-Cola was the world’s largest manufacturer, marketer, and distributor of
nonalcoholic beverage concentrates and syrups, with more than 400 widely...

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