2.0 the Impact of Globalization in Human Resour

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1. GLOBALIZATION Based on Wikipedia , the word "globalization" was first employed in a publication entitled Towards New Education in 1930, to denote a holistic view of human experience in education. An early description of globalization was penned by the founder of the Bible Student movement Charles Taze Russell who coined the term 'corporate giants ' in 1897, although it was not until the 1960s that the term began to be widely used by economists and other social scientists. The term has since then achieved widespread use in the mainstream press by the later half of the 1980s. Since its inception, the concept of globalization has inspired numerous competing definitions and interpretations, with antecedents dating back to the great…show more content…
Anytime, management can relocate any of these personnel whenever a particular operation requires for a more competent personal that is not otherwise immediately available within. For some, this is a threat. For others, for the more adventurous or ambitious employee, this a good opportunity to work abroad as an expat. Who would blame them, the compensation, perks and benefits are much desirable. In fact, when I had the opportunity to be relocated in Tokyo, they doubled what I am regularly receiving on top of the relocation allowances. While on the other hand, globalization[pic] wrought financial ills to our domestic economy. Revenues and duties were being enjoyed by the host country and draining us of talents and sometimes, valuable technology as well. Not only that, this has also spur a lot of companies to open merger initiatives which more often at the expense of displaced employees. 1. NEW TECHNOLOGY Take the argument that globalization brings in new technology. On a selective basis, globalization indeed brings in new technology and opposition to globalization is not tantamount to becoming technologically isolated from the rest of the world. But today, almost no advocate of globalization is calling for selectivity. For instance, Coca-Cola and Pepsi were welcomed into the country even though they offered little in terms of new technology. Cosmetic manufacturers and

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