Reflection Paper on Central Concepts The world’s most valuable brands are Apple, Microsoft, and Google. Apple is such a globalized icon that within the first quarter of 2014 Apple earned more than Google, Facebook, and Amazon combined. As an Apple iPhone owner I am globally involved through my day to day actions. Apple is a very popular technology that a large amount of the world’s population owns. Owning an iPhone connects me to over millions of people around the globe making us part of globalization, which is “The expansion and intensification of social relations and consciousness across world-time and world-space” (Steger 15). Apple customers are exposed to capitalism, economics, and sustainability through their purchase of Apple products, most commonly iPhones, which ties them into globalization. “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” (Globalization 101). Technology has been a principal driver of globalization. With the use of an iPhone people interact globally via social media such as Facebook, twitter, Instagram, along with others. Cell phones also serve as informational resources that connect individuals in all parts of the world through news, journals, scientific research, and infinite sources of knowledge shared by people globally. Technology, such as Apple, connects worldwide
When it comes to globalization, everyone may have a different vision of it’s outcome. For Marcelo Gleiser, the author of “Globalization: Two visions of the Future of Humanity”, a completely globalized world may result in a dystopia. In contrast, Jeffrey Wasserstrom, the author of “A Mickey Mouse Approach to Globalization” and Tanveer Ali, the creator of “The Subway Falafel Sandwich and the Americanization of Ethnic Food” may think of globalization as other cultures sharing each other’s components to interact on a new level and spurring a more “open-minded” (Ali 27) individual.
Globalization involves global interaction and cooperation between individuals, corporations, countries and their governments. As demand for products grows and the technology it takes to improve the process by which products can be manufactured more cheaply grows, globalization grows as well. It is supported by advancements in technology. These changes can have both short-term and lasting effects on issues surrounding economics, politics, the environment, and human rights. Thanks to globalization, companies like Nike are able to transform themselves. In Nike’s case, from a small local company to a global sports shoe and apparel superpower and a globally-recognized brand. However, as Nike
According to Osterhammel and Petersson, globalization “summarizes a wide spectrum of experiences shared by many people” (2). I agree with this statement and would go on to claim that globalization is a group of processes and events, some beneficial and some harmful, that have resulted in the spread of networks across the world. However, this spread of networks did not happen over night. This is in part because not all interactions are transformed into networks, as these require a certain degree of longevity. In order for interactions to become networks, groups must consider the range between each other and their interactions must be important or impactful, intense, fast, durable, and frequent. For the reason that each of these characteristics must be present in order for networks to form, globalization has been in the works for many centuries and is still at work today. Therefore, while the historical events and processes of past centuries have provided the roots of globalization, the modernization of recent decades has built upon these roots to connect the world in a way
I have to admit that I am a fan of Apple Inc. products especially the iPhone. In fact, as I am writing this Individual Reflective Journal, I am waiting for the latest iPhone 7 which the critics claimed that rumours spread around the 2016 iPhone release will be on 12th September 2016. This phenomenon had caused a chaos to the fans and also technology lovers around the world who consistently update themselves with the product. This has got me thinking on the Positive & Negative Effect of Globalization on Apple Inc. specifically the iPhone.
Globalization, the technique by which human social requests have turn out to be dynamically related, transcending geographic, monetary, political, and social checks. All the more generally, globalization incorporates the general stream of capital, musings, and information made possible through the climb of present day development and the expansive interchanges, including the Web. Globalization has brought an overwhelmingly beneficial outcome on most countries to the extent economy, society and legislative issues; it moreover has deserted a couple of drawbacks on the same points. Writer Kwame Anthony Appiah has an alternate perspective on globalization, "He contends that there is an in number relationship between singularity as found in progress
Globalization is the process by which different societies and cultures integrate through a worldwide network of political ideas through transportation, communication, and trade. Generally, globalization has affected many nations in various ways; economically, politically, and socially. It is a term that refers to the fast integration and interdependence of various nations, which shapes the world affairs on a global level. Simply put; globalization is the world coming together. In this essay I will discuss multiple perspectives on globalization through the analysis of these three sources.
We all live in a globalized world; due to technologies being rapidly made it has driven globalization. Now we are well informed about other countries across the entire world and able to communicate internationally. Globalization has created a framework for cooperation among homelands. Generally, it has affected our nations and, indirectly we, the citizens in various ways; economically, politically, and socially, however it is a fast integration and association of various nations, which shapes the world affairs on a global level. The concept of globalization is evident in the many difficult challenges that come with it, involving our cultural differences, and the regulating challenge of globalizations. The phenomenon of globalization has affected many cultures around the world, resulting in the Americanization of other nations.
Globalization is difficult to simply define due to the variety of changing definitions that have been established over previous decades. Hamilton and Webster (2012) suggest that globalization is the connection between nations, defining globalization as a process in which barriers are reduced in order to encourage exchanges between countries. This view proposes that globalization refers very much so to the trade barriers and the improved communications between countries in order to ensure the world is unified. Globalization increases economic activity across the world and opens up markets for foreign investment.
Globalization: The process of social, political, economic, cultural, and technological integration among countries around the world (Luthans & Doh, 2012).
Apple Incorporated, one of the world’s largest personal electronic entertainment companies, built its empire by developing business strategies to mitigate or eliminate factors that affect global markets. To maintain its global dominance Apple intends to adopt the following four themes to ensure sustainability. Scale operation including manufacturing, retail, and Internet to meet global demands. Rapidly expand into developing countries with a focus on China. Introduce new products, such as the Apple TV and new iPhone schedule for release in September 2012. Invest the company’s 100 billion dollar cash surplus into new acquisitions, continued research, and development, and entry into new markets. Apple hopes these business strategies will cement its place in an ever changing global market (Meyers, 2012).
The evidence of globalisation can be seen in our daily lives, as we are being influenced by the rush of social and economic forces in which internet possibly has been the most visible aspect of globalisation and in many situations its driving force. The internet has helped breaking down barriers of communication between cultures and nations in such a way that could not be dreamed of previously. Recently, the world has been going through a period of globalization in all spheres of social life and in this process, the internet has a key role, which with the help of communications technology, has revolutionized how people expand the global knowledge base, work and provides a variety of ways to bring people and cultures closer together. The largest contributors to globalization are computers, a global telecommunications infrastructure, and the Internet, this article focuses on various aspects that internet plays in globalisation.
People around the world are more connected to each other than ever before. Information and money flow quicker than ever. Products produced in one part of a country are available to the rest of the world. It is much easier for people to travel, communicate and do business internationally. This whole phenomenon has been called globalization. Spurred on in the past by merchants, explorers, colonialists and internationalists, globalization has in more recent times been increasing rapidly due to improvements in communications, information and transport technology. It has also been encouraged by trade liberalization and financial market deregulation.
Globalization is a particular process driven by international trade and investment intentions that works to integrate the companies, people, and governments of different nations. Globalization has an impact on several key factors of the global nations and citizens. Just a few of the things impacted by globalization are the environment, political systems, culture, economic development, prosperity, quality of life, and the well-being of people in societies around the world. Information technology has been a major driving force behind globalization and that information technology has now become a key component of a corporation’s global business strategy. Advancements in information technology have dramatically influenced economic life, as well as giving consumers, investors, and businesses valuable new tools for identifying and pursuing economic opportunities throughout the world. Information technology and tools based on IT enabled them to identify the economic trends happening globally more securely, as well as letting people involved in economic transactions and collaborations work more conveniently with people located in other regions throughout the world (Jilberto, 2002).
Globalization is a movement that evolves over time. It heavily involves trade and business that builds relationships with border countries and overseas. Technology is a critical part of globalization as it involves connecting people in many ways. “The number of minutes spent on cross-border telephone calls, on a per-capita basis increased from 7.3 in 1991 to 28.8 in 2006” (IMF Staff, p. 271). The growth of technology has made it possible for people to connect almost instantaneously. Snapchat, Skype, and FaceTime allow people to have live conversations from far distances. Sharing information and ideas allows for innovations. Many opportunities can occur from globalization such as growth in Capita, better health care systems, advancement in technology.
In today’s world, with a few notable exceptions, nearly everyone in every region of the world has access to the same products, information and services. A long-distance relationship is no longer so distant, since each party involved in the relationship can communicate through Skype, Facebook or through any of the vast amount of social media available. A person in Easter Island, one of the most remote inhabited islands in the world, can go to the other side of the world and travel to Canada. An economic crisis in Argentina could affect the economic landscape in Brazil. A person in Chile or Peru can buy an Abercrombie and Fitch t-shirt because this transnational corporation decided to expand its market to developing countries, or as you might prefer, to emerging economies in South America. Although many of these examples might be trivial, these are the consequences of globalization.