Globalisation And Globalization

The business world is becoming increasingly global. As a result of this, many companies, such as Costa Coffee and Dyson, have changed their strategies in relation to the markets they target or where they produce. Does the increasingly global nature of business mean that all organisations need to change their strategies significantly to achieve higher profits? Justify your answer with reference to Costa Coffee, Dyson and/or other organisations that you know.

Is the increasing globalization of business good or bad for the United States? If you are from a different country, what effect do you think globalization is having or will have on your country? Is globalization resulting in unequal gains for different countries?

Over the course of history, domestic politics have been shaped by international forces. Forces like war and trade; empire and colonies; migration and the spread of ideas. Globalization and Neoliberalism plays an important role in impacting politics in all states. “Globalization is a system in which human beings are no longer part of isolated communities that are linked through narrow channels of diplomatic relations of trade”(O’Neil,2017, pg.346). Globalization creates a division between international relations and domestic politics. When globalization makes a distinction, then the aspects of domestic politics are controlled by global forces. Globalization changes the  institutions of economics, politics, and society. The institutions are measure by space and time of social norms, culture, boundaries. The boundaries create a local identity and control (particularly-“state, religion, or set of cultural values holds sway over the land and here but not there.”)(O’Neil, 2015, pg.348).  Furthermore, political isolation becomes impossible to happen.

Globalization is taking place across the world where people can either become globalization or stay local in the state or country. People are very controversial about globalization helping local economies and local businesses. Some people believe globalization is helping local businesses into the markets and then there are some that believe that multinational corporations hurting the local small businesses. What is globalization? “the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets” (). Globalization has started long before we were born.

Today, we live in a world of change. Change is everywhere and it can be a major or so small we don’t notice it until later in the future. Our environment is changing, we as humans are constantly changing. Our world is moving into modernization and 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. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world.” (Globalization101.org, 2016) Globalization isn’t a new concept, for thousands of years; humans have been connecting with other civilization or population via trade and wars. Advances in technology and changes in policies have sped up the process of globalization and development around the world. One of the biggest and largest contributors to globalization is the United States of America. The influence from the U.S. to other countries is vast and greatly affects economies, governments, and even healthcare. Healthcare is a sensitive subject and like many countries like the United States, it struggles to maintain a balance of people’s needs and wants.

Although developing countries and United States differentiate each other by dependence of their production on labour, and human and physical capital respectively, the production will shift to the nations with cheap labour, once technology is comprehended better.

Beauty standards always have and always will vary depending on where you live, your gender, your age and what ethnicity you are. It’s hard not to notice the stereotypes, “Latin American appreciation for petite women with curves; an Asian appreciation of oval faces, black hair, and average heights; and, Indian and African appreciation for women who have a healthy weight” (Dugal, 2008). However with the cosmetics industry storming the scene, variables are shifting creating room to allow women and men to express themselves through the art of makeup, allowing them to create and showcase what they believe to be is beautiful. Without the use of social media outlets such as Instagram, Twitter, Facebook and above all else; Youtube, the globalization of cosmetics may not be as prominent as it is seen in today’s society.

Traditional businesses have changed since the world became globalized, modern businesses therefore need to adapt themselves to survive in new environment such as increase in international trade. Generally, globalization allows businesses to expand across the world and this means that businesses are more likely to invest in foreign countries or to employ some workers from overseas by liberalizing employee mobility. It is evident that globalization not only provide employment with wage system to improve labour standard but also increase investment and funding into global economy to improve host countries, namely, the liberalization from globalization creates employment across the world and amends the quality of jobs by prescribed minimum labour wages to protect a 'race to bottom' which can be defined as a circumstance which enables companies to gain a profit from low-wage workers with poor working conditions, whereas, the international source from foreign investors will stimulate economy in host countries to raise wealth and to urge local businesses to become international companies. The essay will primarily discuss the employment aspect of globalization and also explore the perspective of labour wage in the global societies and then look at the topic of investment and funding.

The evolving nature of civilizations has led us down a path of expansion and globalization. In nature, we are at a state that our natural resources are being sought after day in day out without having a way to properly replenish as quickly as we are using materials. At the current rate that we currently are we will expand of all forest at a cyclic rate because we are not doing enough to preserve some of the needed cycles of nature. With this it brings a bigger social responsibility to help expand how to regulate some of the companies that are seeking to establish monopolies without being found guilty. However, with great wealth there is a great responsibility of replenishing or at least establishing certain mantras to obey by. These mantras can sometimes be seen as laws or regulations but there are always ways to go around these and it is up to multiple nations to come together to establish some sort of order by setting corporate social responsibilities and sustainability’s to those corporations that are either taking advantage of or going around certain rules.

Since the 1500, the world has undergone tremendous change. The changes range from geography, cultural, political, and economics. Statements such as, “the rise of the West” and “the West and the rest,” are often used to describe the changes that took place in the world. For a significant amount of history, the world was ever-expanding. The more notable theme throughout history, consisted of power through conquest. However, leaders came to realize, territory was not the only way to successful sustain the life of a country, and its people. Globalization, was realization by leaders that, political relations, economic growth, and cultural adaptation was not only necessary, but dire to progression.

With the changes in the global economy, pegged with the advancement of technology, companies in the United States must reconsider their strategies to compete with international counterparts. It was only 50 years ago, a company in anywhere town, America could carve out space in a market for themselves and do well without a competitor in sight. Things have changed now and not is the threat of a Wal-Mart moving into your neighborhood a fear of the small to medium-sized company, international companies have also set their eyes on the United States. With as the leading consumer market with a 28% of the world’s consumer market, nearly four times larger than distant second China, there is no wonder why any other country would want to penetrate the most lucrative market on the planet. This is owed to the growth of globalization and the expansion of technology into instruments beyond research, entertainment, and communication, and into the world of digital and cryptographic currency. What the global economy is beginning to realize is: there are still untapped markets where profits could be astronomical. Many developing countries are beginning to adopt practices and methods of developed countries on a smaller scale, with the help of technology. As the prevalence of new markets and a new form of currency grows, there is no doubt larger companies will be able to seize the opportunity to make in these markets.

South Asia is on the ropes and close to falling off in terms of it being a developing country. Their technology standards are nowhere near where it should be. Globalization is a worldwide process in where business and companies make money. How does globalization impacts the laborers of the South Asia? Globalization impacts the laborers of the south Asian people by fostering an environment that makes people give up their food and kids in order to make income.

1. “Site” and “Situation” are two significant factors in the development of urban centers. It can be used as a way to examine how a particular city rose to prominence based on those two elements. In the geographical context “site” refers to the designated area in which human settlement had arisen. There could be many reasons as to why settlers would choose a particular location over another, for example, fertile land, defense, water supply, natural harbors etc. In the example of Buffalo, New York, it is located on Lake Erie one of the 5 Great Lakes, an important lake commercially during that time period. “Situation” in the geographical context refers to the settlements relation to the accessibility of resources in the given site it Is located in. This could include things such as ports, natural resources, desirable routes connecting to other important fixed locations, these all have a direct effect on the growth of a city. In the case of Buffalo, it is located on Lake Erie, and when the Erie Canal’s construction was completed in 1825 it essentially connected Lake Erie and Buffalo to the eastern seaboard and New York City. This was good for economies based on the extraction of raw materials and transportation and trade of finished goods. This resulted in a rapid economic and population growth in the city of Buffalo.

integration it has led to a higher terms of trade (export price index divided by

Globalization is a process of integration, interdependence and development of financial, trade, economic, and communications throughout the nations in the world. It spreads goods, services, ideas and technology to all areas of the world. Also, Localization ensures that products and services are within what certain areas or people want and need in a particular market and allows them to adapt to the different cultures.