BUS 8301 - Unit I Class Discussion

Question 7: In terms of positive aspects, globalization:   A Encourages competition for goods and services B Spurs productivity C Keeps prices low for consumers, in theory D Raises the standard of living, particularity in developing countries E All of the above

From the perspective of globalization, it describes how international business has evolved and grown over the last 10 years.Contents:Explains the elements of globalization associated with the economy, politics and culture. Support your answer with examples of companies or products.How can the exponential growth of the Amazon company help to understand the concept of globalization?

Which of the following statements is NOT an argument FOR globalization? Question 7 options: it increases business sales and profits it means greater productivity & economies of scale it results in lower consumer prices it lowers wages

What do you see as the current global trends and how do they affect companies operating in the global business environment? What are the recent developments affecting businesses and propelling globalization? What problems have arisen regarding the use of the Internet for global business transactions, and how are they being resolved?

Since the end of World War II, globalization has steadily increased with rapid expansion around the turn of the 21st century. What are some of the forces driving globalization and international business? What are some of the challenges of engaging in international business compared to doing business in your home country?

Analyze ways that show that an Organization have successfully used globalization to expand markets and profitability

GLOBALIZATION IN THE PHILIPPINE CONTEXT Instruction: Choose a pair from your class and answer the questions related to globalization in the table below. One of you should take the position of the globalist and one should take the position of an anti-globalist. Unlike the statements found on the discussion, the answers to each of these questions should be related to the effects of globalization in the Philippine context. Write in complete sentences. Globalist (Name of student) Anti-Globalist (Name of student) 1. Does globalization foster economic growth? 2. Is globalization good for the consumer? 3. Is globalization good for the working class? 4. Is globalization good for the environment? 5. Is globalization good for developing nations? 6. Does globalization promote human rights? 7. Does globalization foster the growth of democratic governments? 8. Does globalization improve the quality of life?

Which of the below statements does NOT reflect the ideas expressed by the author Charles Wheelan in the chapter titled, "Trade and Globalization," in the book, Naked Economics: Undressing the Dismal Science? Group of answer choices   A majority of U.S. jobs lost since 2000 have been to technology and not to China, Vietnam or Mexico.   Nearly all theory and evidence suggest that the benefits of international trade far exceed the costs.   Tariffs and other barriers to imports will bring manufacturing jobs back into the U.S., exactly as President Trump promised.   Trade creates losers, like any kind of market.

Which of the following is nottrue about globalization? It: Has been universally welcomed and appreciated in all world markets Helps firms in their efforts to supply products and output in the international marketplace Has increased the choice available to consumers Led to greater exchange and sharing transnationally

The importance of Jollibee Food Corporation  in economic globalization. (500 words)

Background Information Assume that you have been hired by an International Organization to be consulted on various issues that the country Motherland faces. For this exercise, assume that Motherland is a small agricultural economy. Part A. Assume that the biggest trading partner of Motherland is the United States. Unlike Motherland, the United States is a large industrial country. What type of trade model can best explain the trade between Motherland and the United States? Explain your answer in no more than 200 words.   Part B. Motherland imports electronics from the United States. The government of Motherland is considering to impose quotas on these electronics imports coming from the United States. Would you recommend it? Explain your answer. In your explanation, distinguish the effect on the consumers of electronics, the domestic producers of electronics and the government. Your explanation should not exceed 200 words.   Part C. The government of Motherland wants to jump start…

Explain with relevant examples three (3) ways in which a country is likely to benefit as well as three (3) caveats that globalization can inflict upon countries participating in the international business space.

Paragraph 1:what extent does Globalization create Sustainable Prosperity for all?Paragraph 2 economic globalization Globalization - "Is Economic Globalization leading to sustainable prosperity for all?" paragraph 3 Envionmental Globalization - "Is Globalization leading to Environmental Sustainability?"

Which of the following elements demonstrate the degree of globalization? Group of answer choices   A low export to Gross Domestic Product ratio for a country.   Rapidly growing Gross Domestic Product for several countries.   High levels of trade and exchange between countries.   Large underground economies.

Discuss Globalization as an Economic Process. What were the major economic changes and economic activities that helped strengthen globalization since the late 1980s? (e.g. McWorld)

Globalization of technology and communication is the sourcing of goods from different countries to take advantage of the national differences

The Contemporary World

A nation's ability to produce a product more efficiently than another country is referred to as globalization. foreign trade. interdependence. comparative advantage.

Write down (5) micro and macro effects of globalization to an individual and (5) micro and macro effects of globalization to community.

How does sustainability and economic globalization interact with each other? Does create a positive or negative effect in our world? Please mention aspects of the Triple Bottom Line (TBL) and the Three Pillars of Sustainability in your explanation. Thank you!

which of the following statements is true of globalization? a. it has curbed the growth of middle class in developing countries. b. it increases prices and decreases product and service quality. c. It leads to monopoly of domestic producers. d. it expands economic freedom and increases the living standards of people.

#13  All of the following are drivers of globalization EXCEPT   a. Market Drivers b. Cultural Drivers c. Government Drivers d. Competitive Drivers

Economies of Globalization – nature and examples

discuss the relationship between capitalism and colonialism. establish their role in the development of modern globalization.

Trends in globalization continue to have an impact on businesses in every region of the world. Evaluate why the company adopts a localization strategy or a global standardization strategy. Provide real-life examples to support your discussion.

Explain the international stage in four stages of globalization and give some examples.

Global Media is a ________ type of globalization? Environmental Political Economic Social   It is he sending of goods to another country for profit Barter Export Trade Import Bringing goods in another country for profit refers to: Import Trade Export Barter Which among the following are the negative effects of globalization? Workers are exploited Pollution and Deforestation Low wages in less developed regions All of the above

Question 2 Globalisation Explain the cause, effect, and future of globalisation. Your answer should be based on an appropriate order following these key words and phrases: history; mercantilism; protectionism; David Ricardo; WTO; beneficiaries; those disadvantaged; trade wars; multilateral, plurilateral and bilateral agreements; future of globalisation.

Globalization is defined as the process of countries becoming _______ open to foreign trade and ______ open to foreign investment.

List down the important ideas/concepts presente. Globalization is the term used to describe how countries are becoming more interconnected economically and culturally. Globalization is an international process driven by trade, investment technology, and finances; this process affects culture, political systems, economic development and prosperity, and human physical well-being worldwide. Globalization is not new, though. For thousands of years, people and later corporations bought from and sold to each other at great distances. One such example is the thin silk road across central Asia that connected China and Europe during the middle ages. Still, what exactly has driven globalization over the past 20 years? These have been significant developments in both communications and transport technologies. The introduction of specialized bulk carriers and container ships has helped reduce the cost of transportation and significantly increase the volume of world trade.  Recent developments in…

five common functions the actors of Globalization play in the Global economy.

How does the use of shipping containers promote globalization ? A) they are environmentally friendly B) they are easily transported by air C) they are standardized and can be transported both by sea and on truck D) they promote localized commerce

Anti-globalization: A global perspective on why some states oppose globalization.

Advantages of Globalization(at least 5), 2 exsamples of absolute advantages of persons