The Influence Of Globalization

Globalization can be seen as reduction in barriers between countries. Globalization has opened the world market for international trade. The movement of globalization have contributed to the spread of knowledge, culture, technology, and information across borders. The increasing role international expansion across border has also increased the focus of multinational corporations to international business strategies. Organizations today in developed nation or in developing nation are going international due to increase in competition. They want to expand their limits beyond local region. Competition in domestic market and pressure to expand the business are the few reasons for the globalization. The following are the few

|Related Issue 2: To what extent should contemporary society respond to the                                          legacies of |

With the progression of globalization, commodities can be transferred to all over the world. That people from different countries can purchase the same products is no longer a dream, that also lead to the similarity between countries. Personally, I strongly believe that the development brings more negative influence to local communities than the positive ones.

There is controversy over when globalization began because there is no crystal clear start to globalization. Some people believe that globalization started when the Buddhist leader Chandragupta combined aspects of trade, religion, and military to create a protected trading area. Others believe that globalization began under Genghis Khan’s rule. The Mongolian warrior-ruler created an empire that had trade integrated into it. There are also some experts that believe that the rise of globalization was linked to 1492, the year Christopher Columbus made his first trip to the New World.

Fortunately, many places in the world are covered with people who posses tons of possessions. From cellphones, to computers, different types of attire clothes, vehicles, furniture, electrical machinery, plastics, footwear and much more, China is one of the most largest goods exporting countries in the world. Have you ever look at the bottom of any particular item you own and saw the three words of “Made In China” on the majority of those items? China is a very large manufacturing piece of land that exports the many items that we see and posses in our country of the United States. Due to trades, imports, exports and agreements, Globalization, which is the process where businesses, industries and organizations develop the international

Globalization is a process through which different organizations connect and coordinate with people and governments bodies of different countries for the international business through exports and imports, investments using technology across the world (Globalization 101, 2016).

I, like many other young adults and adolescents living in western society, had not given globalization much thought before reading Jeffrey Jensen Arnett’s “The Psychology of Globalization” and John Micklethwait and Adrian Wooldridge’s “Think Again: The Globalization Backlash”. I most likely had not given much thought to globalization before these two readings, not because I do not care about other cultures and being culturally well spoken, but because globalization has not directly impacted me as much as it has my peers from other non-western countries. After reading the two articles, I had hoped that I would have more information to be able to form an opinion on the topic. Although, I had more facts and details about globalization, I still was unsure if it was beneficial to societies or detrimental them. This puzzled me, and I think that proposing a model about some of the factors of globalization and how they affect the general population would help me and others understand the consequences of globalization better.

How can we keep our community identity intact when globalization redefines our history and democracy? As community members and citizens of the world we should understand how globalization is effecting our cityspace and realize vital components of a prosperous city are diversity, neighborhoods, and local governance. To understand these issues we will break down the economics and sustainability of globalization and further define these vital components.

Globalization, the process by which businesses or other organizations develop international influence, is a very important aspect in the operation of a company. Globilzatoin encourages companies from around the world to compete in the global market, which also impacts the growth and value of an international corporation. Internationalization is a company is costly and time consuming for a company because it requires extensive strategic planning, implementation, and analysis of a given global market, opputunities and threats. However increased involvement in foreignl investments is a strong portfolio asset for a company, and can ultimately lead to big opputunitiy pay offs and increased profits for any company. Some international businesses also benefit from the advantages of globalization, making it more manageable in other areas of their business including: operational expenses, labor expenses, and low cost resources by the processes of Offshoring and Outsouring certain sectors of their business and its operations. Of all the possible benefits of merging a business into the global market, the impact it has on branding for a company is most important, Brands like Louis Vuitton, Apple, & Macy’s are all prime examples of companies that have expanded their products into global markets by strategically planning, implementing stratagegy, and constantly researching and analyzing the international market structure. Tapestry Inc, is an example of a company in the intancy stages of

Having good historical context is very important in dictating the needs of a state. It is essential in knowing what certain trends and cultural roots a society may have. For example, Brazil received a huge boost in its economic development when globalization first occurred because they now became a central trading hub in South America. ‘Why is Brazil “Underdeveloped” and what can be done about it?’ states, “From 1913 to 1980, Brazil experienced sustained growth, interrupted only briefly in the early years of the Great Depression, at nearly two percent per year from 1913 to 1950 and nearly four percent from 1950 to 1980. In this period of nearly seven decades, Brazil had the fastest growing economy in the western hemisphere. Per capita GDP increased over eight hundred percent, from $678 in 1900 to $5570 in 2000, measured in 1990 dollars. Brazil’s economy gained on the U.S. economy, rising from only ten percent of US GDP per capita to over 20 percent.” This goes to show that clearly there is some benefit to having yourself involved in the world market which was created as a result of globalization. Although, it is also important to note that this also had an adverse effect on them later when their global market was no longer as valuable. This article later mentions, “Excessive centralism in the nineteenth century prevented municipal and state governments from borrowing abroad, or at home, to invest in needed infrastructure, such as road, ports, railroads, utilities, schools,

Globalization has become one of the most significant phenomena in current society. Globalization was defined by different sentences and theories in books, magazines and journals. However, it is difficult to define its intrinsic meaning in the real world. Different countries were affected dramatically by the process of globalization in diverse aspects such as economic aspect and cultural aspect. In addition, developed countries and developing countries may have diverse attitudes towards globalization based on their profits and costs. This essay will point out main reasons and consequences of globalization, and will state different opinions about globalization. At the end, statements and personal views of the sustainability of globalization will be demonstrated as well.

Globalization is a concept that can be difficult to fully comprehend, because it is influenced by the theoretical underpinnings of governance, economics, politics, and even culture. Stief (2014) describes globalization as, “the process of increased interconnectedness among countries most notably in the areas of economics, politics, and culture” (para. 2). As technology bridges the knowledge gap and creates avenues, venues, and networks to connect people, processes, and businesses, the level of general awareness around the world rises as well. As awareness increases, so does the ability for connectivity, which further transmits data, information, and eventually enables the movement of goods and services. The increased movement of information, goods, services, and of course money is managed through a loose, yet powerful, system of international brokers who superficially control access through complex business practices that are fundamentally influenced by market demand; that is, the act of buying and selling. As countries connect with one another, they encourage market expansion as the demand for goods and services grows and the cost of transportation is ameliorated by an increase in technology and growing transit routes. Globalization, therefore, depends on the interconnected systems and subsystems of business practices that are affected by regional and national economic demands, local political controls and processes, and cultural barriers. Globalization is generally

In this report I am going to characterize the importance of Globalisation and evaluate the effect of globalization in transit the business work.

If I focus on only one negative consequence of globalization then I will choose dish cable where you can share entertain channels all over the world. Every country has their own culture and tradition. In some countries some activities are acceptable but for others are prohibited. For example having boy and girl friend is normal in western society but it is prohibited in Arab nations or Middle East or Muslim Nations. Other example I can think of is that pre-marital relationship which is normal in some countries but it is prohibited in Arab nations or Muslim Nations. Why it is problematic? Because it may create infected diseases around the world. For instances if people are open to have relationship with multiple partner it will create sexual infected diseases. There are so many sexual disease because of open relationship. Some are fatal infected disease such as HIV and AIDs. AIDS (Acquired Immune Deficiency Syndrome) is an incurable disease that destroys the patient’s immune system. AIDS

As individuals global forces drive our lives but to what extent do these forces influence and shape the world? Globalisation is described by the financial times to be the ‘process by which national and regional economies, societies, and cultures have become integrated through the global network of trade, communication, immigration and transportation.’ Integration across the planet brings every individual together with a shared sense of purpose where as interdependency goes beyond this. It implies that we rely on and need each other. Across the world there is an interdependency through all countries that needs to be there for the world to function effectively. The pace and intensity of globalisation has transformed over recent years. My generation may not see the change as it has been part of our lives since birth but older generations may have saw the rise of globalisation throughout their time. Even though this transformation has happened it is still important to remember that some segments of the world are more globally connected than others.