...Question- Critically analyse the relevance and utility of globalization for the international hospitality industry. In the recent years hospitality industry over the years has expanded their business all around the world. Big hotel chains such as Marriott’s and Accor group are opening their hotels in developing countries such as India, Singapore etc. The process of globalization has played a major role in expanding their profits and laying their business across their own boundaries. Majority countries, around the world have been trying to promote globalization through eliminating barriers and reducing taxes. However, there are various methods through which companies are trying to expand such as licensing, Exporting, joint venture and etc. Globalization has both the positive and negative effects, but over here we will be focusing more on the utility and positive side of the globalization. Globalization in hotel industry helps in giving exposure to various cultures. In the 21st century, with the increase in level of incomes for people in the developing countries, it has been seen that people are visiting the developed countries and they are trying to adopt western culture. The level of tourism has increased and people especially from the Asian counties are visiting developed countries such as US and Australia. They are now becoming more familiar with their culture and their food and are also adapting the same thing in their own country (Lee 2009). People from countries such...
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...many positive solutions, and some of the problems and solutions were highlighted in in Hoffman’s The War Machine and Anderson’s Illegality Inc. Specifically, the idea of making West Africa a center of positive globalization by bringing together different entities together. Globalization, could be a powerful change for Africa. As society becomes more connected with the advent of internet, and faster transit. Africa can be at the forefront of this great innovation. Hoffman, spoke about the increasing importance the African Diaspora communities will play in the rise of globalization. “ He pens, The rise of neo liberal economic policies… The globalization of new ideas of accountability and justice epitomized by international criminal courts; the rising importance of diaspora communities and their complex relations to the homeland and host country” (Hoffman 256). This quote stuck with me, because it shows that as globalization becomes important so does the importance of the diaspora communities. These communities are everywhere all around the world. They see the effects of globalization and are in fact the byproducts of it. This is more evident in West Africa, where many people move out of the country into new lands to make money for their families. If the idea of globalization (the idea of bringing together an interconnected society) is to work, it can be started in West Africa specifically where there is so much diversity and movement. In order to right the wrongs of the past, countries...
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...This paper will analyze the drivers and consequences of globalization, describe the risks associated with global investing, and explain the importance of cultural sensitivity and ethics in global finance. However, there first must be an understanding of what globalization entails. Globalization is the expansion of companies and entities into the international market; working, manufacturing, and selling or buying from two or more countries. Companies that sell to other countries or buy from other countries are not a good example, but those that have investment, manufacturing, or other divisions of the company in another country is definitely globalization. Drivers of Globalization Many drivers of globalization affect an organization financially. Improvements in communication and transportation such as internet, emails, mobile phones, formation of complex globalized economy, people must understand all aspects of global operations, particularly the international finance function along with the financial risks inherent in the global marketplace. By analyzing the major drivers and consequences of globalization, people are able to understand the cultural aspects of global trading as well as being able to identify and manage foreign exchange risks. Global Finance Environment This paper will analyze the drivers and consequences of globalization, describe the risks associated with global investing, and explain the importance of cultural sensitivity and ethics in global finance. However...
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...Faced with the effects of globalization on geopolitical, economic, and cultural relations between societies, nurses are becoming front-line providers in countries where access to healthcare services are limited. In countries where infectious, communicable diseases are largely preventable through vaccination, and simple interventions to improve sanitation and safe drinking water, nurses have a unique opportunity fulfill their social responsibility as health promoters by collaborating with political and healthcare leaders to created sustainable solutions to identified needs. In addition to working as health promoters, nurses need competencies that are necessary to provide holistic nursing care and development of global attitude in providing health care to at risk population. Also they should be able to advocate for those in need of a voice. This paper is an annotated bibliography regarding international health in nursing. The reference cited address various information about the role of a nurse and what is global health in nursing. The references cited were obtained from numerous and widely scattered sources such as textbooks, electronic journals, magazines, and peer-reviewed journals. Chatwood, S., Bierregaard, P., & T. Kue, Y. (2012). Global Health-A Circumpolar Perspective. American Journal Of Public Health, 102(7):1246-1249. doi: 10.21.05/AJPH.2011.30058. The authors of this article discussed the fact that global health has largely replaced international health. In...
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...Kenneth Meniatis Ajan Wannapa International Relations Globalization Looking back on high school, I can recall walking through the hallways, seeing people and groups of all kinds. The hallways were lined with various groups of different people with diverse ideas and opinions. I, myself, was part of one of these groups. However, my clique inter-mingled with others as we exchanged our ideas, opinions, and experiences. There were some various cliques that did the same; as they did not isolate themselves from the rest of high school life. However, there were also other kinds of groups which committed themselves to their group solely, isolating themselves from everyone else. Now, let’s take these cliques and groups and turn them into full-scale nations. The high school, in turn, becomes the world. The cliques that stayed isolated would be classified under the term, localization. The people that intertwined with others would be classified under the term, globalization. There are advantages and disadvantages to both globalization and localization. Globalization encourages going beyond territorial boundaries to discover new political, economic, and social aspects that would benefit the citizens and the nation. Politically, globalization supports developments that expand authority, policies, and interests beyond these boundaries. Governments now will look to foreign governments for assistance if they are facing a difficult situation. Governments will also incorporate foreign political...
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...Lecture 1: Introducing Culture and Globalization Globalization: the increasing interconnectedness of the world (interconnectivity) Culture: shared ways of understanding and doing things (conceptual lense) and is socially constructed, hence changeable Culture Core question of course: does increasing globalization lead to the spread of new global cultures (more cultural sameness) or to more cultural differences? Globalization increases cultural similarities and differences the four main characteristics of globalization ~ Cochrane and Pain 1. stretched social relations, 2. intensification of flows, 3. increasing interpenetration of cultures, 4. an development of global infrastructure Globalization is driven by modern science, capitalism, and industrialism The four power players in globalization (‘nation states’, ‘military’, ‘division of labour’, and ‘capitalism’) ~Giddens Two main forms of culture contact: hybridization and differentiation Globalization involves reflexivity, i.e. ‘old certainties’ disappear Reflexivity is the idea that both individuals and society are defined not just by themselves, but also in relation to each other. Therefore they must both continually redefine themselves in reaction to others and to new information Lecture 2: Is There a Global Culture? • • • Power relations: having the ‘right’ to define what things are (Giddes, lecture 1) ‘Us – them’ distinctions The power relations of four groups in society: Majorities and elites are dominant...
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...2012 Impact of Globalization on Trends in Entrepreneurship Education in Higher Education Institutions Norasmah Othman, Nor Hafiza Othman, and Rahmah Ismail Abstract—With the trend of increasing globalization, entrepreneurship has been receiving more attention from government and educational institutions. Changes in the uncertain world economy have resulted in fewer job opportunities for college graduates, and in response, the government has sought to develop creativity among students through entrepreneurial activities and programs. The question now is, Are the increasing trends of changes and demands for entrepreneurship education due to the impact of globalization? To answer this question, this study examined the impact of globalization on trends in the demand for business and entrepreneurship education and entrepreneurial skills in Malaysia. Questionnaire data were obtained from 306 participants. The participants were randomly selected from the population of administrators in higher education institutions in Malaysia. Data were analyzed using the descriptive statistics method. The findings show that there is an increasing demand for entrepreneurship education and entrepreneurial skills, indicating that globalization has influenced the demand for entrepreneurship education and entrepreneurial skills among university graduates. Index Terms—Globalization, higher education, entrepreneurship education, entrepreneurial skills. I. INTRODUCTION Globalization has demanded a...
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...International Trade and Financial Market: Chapter 1: Issue of Globalization Globalization: Benefits: 1) Boost trade 2) Outsourcing companies benefits the most 3) Cut costs (segments below cons) 4) New experience for workers (working abroad) Shortcomings: 1) Certain segments loose their jobs. 2) Slides: Globalization: 1) Greater interdependence among nations 2) Trade, immigration, and foreign investments (find same products everywhere) 3) Movements of workforce, finance and goods 4) Cultural and environmental factors (for ex: language barriers so it can be a disadvantage) [environmental factors: environmental issues not applied in every countries, for ex polluting and dnt care about the environmental standards). 5) Occurs on political, technological, cultural and economic levels (integration of the aforementioned factors) History of Globalization: 1) 1870 – 1914 2) Technological improvements in transportation 3) Dominated by European and American businesses 4) Brought to an end by WW1 5) Great Depression prompted further limitations on trade and protectionism (protect local producers) Second wave of Globalization 1) 1945 – 1980 2) Result of reaction against nationalism following ww2 as well as lower transportation costs 3) Dominated by developed nations with developing nations largely excluded 4) Lead to a greater increase per capita income for developed countries than for...
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...The Attitude of Youth Populations toward Globalization What exactly are the youth views on globalization? First let’s start by defining globalization. Globalization refers to increasing global connectivity, integration and interdependence in the economic, social, technological, cultural, political, and ecological spheres. Globalization is an umbrella term and is perhaps best understood as a unitary process inclusive of many subprocesses that are increasingly binding people and the biosphere more tightly into one global system (Wikipedia, 2007). Next let’s verify the term youth. Youth is "The time of life when one is young; especially: a: the period between childhood and maturity b: the early period of existence, growth, or development" (Wikipedia, 2007). “Globalizing issues have effects on four major areas of international relations theory and practice. First, the interconnectedness of the plethora of subissues within health, environmental, and human rights issues affect international bargaining” (Mingst, 2004). These issues are talked about daily in the news. Often times when health issues are brought up it is related to youth whether it is HIV, STD’s, or just simple obesity. Often times these issues when viewed at by youth are things that do not affect them in actuality it affect them more so than adults. “Second, these globalizing issues themselves may be the source of conflict” (Mingst). With this being said it is evident why the world goes through epidemics...
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...Essay on globalization For a long time since Nehru's days, India followed the model of 'mixed economy'. Its economic philosophy was 'democratic socialism'. As Nehru himself believed in socialism, he did not have faith in rich people. He was of firm view that the rich exploited the poor. Therefore, his government laid stress on the development of poor, and the state was given the main responsibility for this. Nehru viewed state as the main agency of economic development. In the regime of mixed economy, security of country, social welfare and economic development were mainly the responsibility of government. The public sector was under government control. Other industries were in the hands of industrialists. Nehru's mode! Of economic development lasted long. But in course of time it became clear that the industries in the public sector were incurring heavy losses while private industries were making big profits. The weakness of Indian economy was exposed in the middle of 1980s. The government faced a serious foreign exchange reserve crisis. It miserably failed to repay the debts taken from the World Bank and the IMF. Against this background the Narasimha Rao government, adopted the New Economic policy in July 1991. The main elements of this policy were liberalisation and privatisation which were also the elements of globalization. The Finance minister in the Rao government was an eminent economist, Dr. Manmohan Singh who is now the Prime Minister of India. The introduction...
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...Parte superior do formulário Globalization and Cultural Identity 29th August 2014 Globalization is such a commonly used term in the twentiethcentury. It simply means that the world has become integrated economically, socially, politically and culturally through the advances of technology, transportation and communication. In other words, it is the idea that the world is developing a single economy and culture. As mass communication and transport continue to grow societies are becoming more and more alike leading to a phenomenon known as globalization. In this essay the main discuss will be about how globalization has influenced all countries and the advantages and disadvantages about it. It is undeniable that globalization has resulted in both positive and negative effects which must be addressed accordingly. Supporters claimed that globalization has always had a great impact on cultural identity. Today, in an age when discrete cultures themselves are under threat, the question of cultural identity becomes newly problematic and takes on new urgency. The reason for this importance lies in the preservation of the traditional cultures and values that are carefully being forgotten into the globalization. Some people fear that globalization will inevitably lead to the total loss of cultural identity. Differences between countries become less evident each year. Nowadays, all...
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...Globalization Nowadays people have become closer than before. Services and goods produced in a country will be available to sell in the other countries. We hear about globalization in the news every day, read about it in the news papers and hear people talking about it. Globalization is the interactively international and nearness of economies. The world is not a large and strange place anymore. We live in a place that is interconnected and intertwined. The world has become from a place that each country and their peoples are separate and isolated to a place that each country and their peoples are part of a global network. Thanks to globalization this is occurring. It is the process that has led to the diverse parts of the globe becoming much closer to each other (Slaughter and Swagel, 1997). Globalisation is the procedures by which the people around the world become connected to each other in all aspects of life, culturally, technically and politically, economically and environmentally. Globalization assists improving technology that benefits many people in throughout the world. By increased the spread of cultures, trade, information and creating options, Globalization can be highly beneficial to everyone by bestowing great fortunes on us. This essay will highlight some of positive and negative effects of globalization. Globalization is the ‘international integration” or ‘de-bordering’ – “a number of highly disparate observations whose regular common denominator...
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...does the United States have to be for them to start caring about education. I think its important to have an international perspective when it comes to education. What happens in other societys effects other society’s. Due to the effects of globalization, educational systems worldwide have gained a newfound importance and are expanding rapidly. Effects of globalization in education Nowadays no one can ignore the importance of education to society. Education is a tool that will allow people to achieve every goal they set for their lives. Learning opens doors to a great world of possibilities that will most likely lead to success. People who are not fortune enough to receive a formal education will have to face a road full of difficulties throughout their lives. It is not a secret that the more education people have, the better standard of living they will enjoy. Globalization has brought an innumerable amount of positive and negative changes to the world. One of those aspects that has been affected by those changes is, without any doubt, education. Globalization has more positive than negative effects in education and the way it is delivered in both developed and developing countries. One positive effect that globalization has brought to education is the fast development in educational technology. A massive technological impact can be observed when comparing today’s classrooms and classrooms from some years ago. This impact is transforming the way the students...
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...We indeed live in an increasingly global world in which our everyday lives are shaped by decisions and events, some of which we have little or no control over. Culture, economics and politics appear to come together across the globe through different ways of information, ideas and knowledge, and the investment strategies of global corporations. Globalization can be defined as a process of international integration arising from interchange of world views, products, ideas and other aspects of culture. Suarez-Orozco and Qin-Hillard (2004) claim that globalization defines our era, it is what happens when the movement of people, goods or ideas among countries and region accelerates and globalization tends to dispatch social practices and cultural formations from localised territories. There are so many other definitions of globalization and there a four key concepts according to David Held which interprets globalization, these concepts are; Stretched social relations, intensification of flows, increasing interpenetration and global infrastructure. i. Stretched social relations is the existence of cultural, economic and political networks of connection across the world, these are all stretched across nations of the world and this leads to regionalization which can be defined as the interconnectedness between ‘geographically contiguous states’ that border each other, for example Europe, (Held,2004,p.15). ii. Intensification of flows is a concept associated with stretched social...
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...The source is supporting the legacies of globalization and is stating its importance in both history and modern times. It implies that without the impacts of globalization our world not be as successful or as advanced as it is today. The source supports globalization due to there belief that it lead to the development of new technology, and the spread of ideas and culture. The author believes that these will stimulate competition creating a stronger economy for all. The source should be partially embraced as globalization allowed for spread of culture and resources. The world that we live in today is the result of several cultures coming together. Cooking styles, languages and customs have spread all due to globalization, creating diversity...
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