Essay on The Globalization of Wyeth

There were two pharmaceutical companies that were looking for ways to expand globally to position themselves in a competitive advantage from their competitors. One was located in the United States, which was Eli Lilly and

In the period of historical globalization, a lot of horrible events had happen and many people have suffered, also lost what they had such as land, culture, languages, family, freedom, and dignity. Like the Rwanda incidents, Apartheid Law in South Africa and the incidents in Residential Schools in Canada. Although those things had happened, they still survive and right now is rebuilding and moving forward to not let it happen again with the little help of NGOs. In my opinion, Contemporary society has done enough to respond to the legacies of historical globalization. Moving forward and start making a better future is the only answer for those horrible events from repeating itself.

The world we live in today is going through enormous changes in economics, technology, culture, politics, etc. The effects of the changes are not so clear, since it is hard to predict how each sector would affect the other and how society will be affected. However, analyzing past and present occurrences provides some information for experts to interpret society’s reaction in the future to different transformations. Globalization can be seen as a process in which societies around the world come together and expand through the combination of different forces. This paper will explore the effects of globalization on US companies, US society and economy, and the implications for other countries in the post-industrial world.

Individual Identity: Every year my family tries to take a trip back to China in order to see family. On trip back played a big role in shaping my identity. In the summer of 2012 I had the daunting task of travelling alone China. This consisted of mastering the Chinese phrases needed to guide me along the way and some way of figuring out how to transfer flights. Surprisingly the hardest part was not finding my way it was merely being alone I found that I got very lonely in the long 14 hour trip and I needed to find a way to occupy myself in order to avoid loneliness. The things I learned from being lonely help form my identity. I found that the more I tried to push away the loneliness the more it just came

The reasons for choosing continental European as a global location for Whelan Pharmaceutical as follows:

Wyeth Pharmaceuticals leadership is very committed to quality. Wyeth is a global leader in prescription medications. They are committed to growth and developing new medicinal products in their research and development divisions. The mission and vision statements of Wyeth Pharmaceuticals demonstrate the alignment of quality to the organization’s strategic goals and objectives. .” The vision statement is “Our vision is to lead the way to a healthier world. By carrying out this vision at every level of our organization, we will be recognized by our employees, customers and shareholders as the best pharmaceutical company in the world, resulting in value for all.”(Wyeth.com, 2008)

Criterion, the New Zealand created assemble-your-own furniture company experienced great success, not only globally but also domestically, expanding their market to US, Singapore, Guam, Hong Kong and the Philippines, as well as they’re home markets New Zealand and Australia. Many factors needed to consider when expanding a market overseas. Barriers like religion can alter the way companies operate to suit their employees. Globalisation, Communication, Working in teams, leadership and motivation have been analysed and related to Criterion from their success with international markets.

To what extent is our understanding of economic globalisation challenged or expanded by analysing the lived experience of global processes.

Buzzwords such as globalization and terrorism have dominated political rhetoric for the past quarter-century. Assessing the benefits that come with globalization — namely, the disbursement of free trade, democratic values, cultural and informational intermingling, etc. — one would expect an increased quality of life across the board. Yet it appears that inequality and bloodshed has only aggrandized as a result of this worldwide integration of goods and ideas. Rather than fostering a universal understanding of humanity amongst nations and their imagined communities, globalization seems to have exacerbated primitive fears about the unknown — “the others”. Minorities have become further systematically marginalized by those in power (the elite), and political and cultural violence, both literal and symbolic, is at its prime.

The world we know today wouldn’t have been possible without globalization which is the ever-increasing interaction of people through economic and cultural exchange. We can use the internet to make online transactions to buy goods from overseas that ship across the water on large cargo ships or on airplanes. Vehicular transportation has caused us to be able to travel to any place in very little time. Cellphones have evolved all the way from the telegraph to allow us to make calls to neighboring countries. During the Age of Exploration, many European countries discovered parts of the world they have never existed throughout Asia and the Americas and with them they brought their influence, culture, and the desire to establish business by trade.

pharmaceutical and biotechnology companies to test the safety and efficacy of their new drugs. The

Q2. How would you explain wal mart choice of countries during the early stages of international expansion in the 1990 's.

Globalization can best be defined as the shrinking of our world. As technology advances the gaps between Countries is closed, and our society as a whole becomes more integrated. Globalization is something that has been occurring for thousands of years, with one early example of Globalization being the use of the Silk Road, which connected China and Europe during the Middle Ages. Globalization can offer businesses many was to increase business, while at the same time threatening them (Globalization101.org, 2014).

Aspects of Globalisation The Organisation for Economic Cooperation and Development (OECD) defined globalisation as, 'The geographical dispersion of industrial and service activities (for example, research and development, sourcing of inputs, production and distribution and the cross border networking of companies (for example through joint ventures and the sharing of assets) Economic activity is becoming organised on a global scale giving a new international division of labour, with production, investment patterns and movements and technology transfers all becoming global. In this strategy, activities are established in many sites spread over the world, based on a country's comparative

Globalization simply defined is the intensification of global interactions. The case studies we have studied depict two of the main types of globalization. Economic Globalization, which is the production, exchange, distribution, and consumption of goods and tangible services, and Cultural Globalization, the exchange of materials and symbols that represent facts, meaning values and beliefs. When Globalization occurs it usually has a major impact on indigenous cultures. Optimists or “champions” state that the relationship between culture and globalization has positive effects as it creates a balance between nations. Conversely, critics state that relationships between the two have negative effects, leading to the loss or deterioration of a