Globalism 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 the intensification of networks of interdependence at multi-continental distances. It is the idea that actions in one area of the world affect different areas in the world. The argument, though, is whether or not globalization is occurring, if countries are dependent or interdependent. When turning on the news today, one might see more on whats going on in Russia or North Korea than in their own backyard. This is an example of Globalization. By examining it through Neorealism, one can better understand its prevalence. Neorealism primarily centers on the importance of the structure of the international system when explaining the events in international politics. It states that a state’s position in the international system determines its actions and behavior. The father of Neorealism, Waltz, stated in the Journal of Politics and Society that, “different international relation structure permit and cause the units of a system to change their behavior and produce different outcomes”(Waltz p.4). If that be the case, then Globalization is at the center of politics. The theory of Neorealism itself defends the argument that Globalization is occurring; one state’s capabilities directly affects another’s actions.

We have seen the main aspects of Globalisation and his mechanisms during this report. Now we are going to explain the difference between globalisation and internationalisation. This are two words very close but not similar. Firstly, we will define internationalisation rigorously, and then we will see what internationalisation in the world is. We will try to explain the main stage. We also define globalization to be able to compare the two terms. Finally we underline the differences and similarities of globalisation and internationalisation.

Taiwan has a long history of being fought over by China and Japan. China’s Ching Empire first colonized Taiwan and the people who populated the colonies are Han Chinese who came from China. Han Chinese make up the overwhelming majority of the current population in Taiwan. Taiwan was also a colony of Japan after “Japan, undertaking massive military expansion in the footsteps of European empires, defeated the Ching Empire with their modern weapons” (Wang, Hsiu-Huei 15). Taiwan was later “returned” to China after the Sino-Japanese War.

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.

A closer look at the changes in the patterns of development in the contemporary globalized world denotes that globalization is a reality. Globalization is mainly rooted in the theoretical concepts of liberalism and neo-liberalism, which opine that the only means through which global development can be attained is through the promotion of a laissez faire state across the globe. In this way, it becomes easy to spur development due to the opening up of states for trade and other exchanges in the political, social, and cultural realms of development. (Bertucci and Alberti, 2003, p. 17-31.) However, concerns are continuously raised about globalization, especially when it comes to the role of states in promoting development and protecting

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.

Choose an example from block 1 of how individuals are influenced. Which has a bigger influence on individuals: globalisation or your chosen example from block 1 ?

Nationalism and globalization are two major opposing forces in the world today. Greg Ip (2017) writes that the backlash against globalism, the belief that globalization is natural and good, individuals on both the right and left, because they don’t see globalism as an ideology. Ip (2017) argues, and in this solid recounting of the rise of globalization, he shows that individuals have not only been blinded by globalization but also to the fact that anti-globalists have both economic and social concerns. Ip (2017) continues with, not all those against open borders are intolerant, and globalists must re-examine their policies to regain the public trust; there may be room to meet in the middle.

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.

Globalization is the tendency of the organization to expand the business into new market abroad. It has facilitated trade without borders. Globalization of markets and manufacturing has vastly increased international competition. In global competition, some firms are doing well while others are failed. Those firms who have been successful have highly focused on their human resources activities in selection, training and compensation policy. Due to this fact many firms are paying their interest in human resource management. At a political and economic level, globalization is the process of denationalization of markets, politics and legal systems i.e. the use of the so-called global economy. Due to Globalization world trade and financial markets are becoming more integrated. Growing internationalization of business has its impact on HRM in terms of problems of unfamiliar laws, languages, practices, competitions, attitudes, management styles, work ethics etc.

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.

For many of the world’s population, the growing integration of the global economy has provided the opportunity for substantial income growth. This is reflected not only in higher incomes, but also in the improved availability of better quality and increasingly differentiated final products. However, at the same time, globalization has had its dark side. There has been an increasing tendency towards growing equalization within and between countries and a stubborn incidence in the absolute levels of poverty, not just in poor countries. These positive and negative attributes of globalization have been experienced at a number of different levels – the individual, the household, the firm, the town, the region, the sector and the nation. The distributional pattern emerging in recent decades of globalization is thus simultaneously heterogeneous and complex.