business studies comparison paper

Billabong may diversify its production by foreign direct investments in the U.S. e.g. set up local production plants. In case of appreciation in AUD against USD, the price competitiveness of products would not be weakened as compared with local products. Flexible sourcing could be applied to allow switch of production from one country to another. Learning from Stanley Black & Decker, Billabong could reduce its import to the U.S. and export more from the U.S. production plant to other countries when USD depreciate against other currencies. This help to create long-term economic competitiveness in the U.S. market.

2 Globalisation is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. Globalisation has increased the production of goods and services. The biggest companies are no longer national firms but multinational corporations with

Globalisation refers to the process of interaction and integration among the people, companies as well as governments of countries around the world, particularly in terms of trade, investment and technology. The process of globalisation, has profound impacts on the environment, culture, political systems, economic developments, prosperity and human physical well-being in the societies around the world.

Globalisation- Globalisation 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

Globalisation is not new. Australia has been involved in trade, investment, financial flows, technology transfers and the migration of labour since its foundation as a colony. What has changed is the size, direction and influence of these transfers, especially since 1980. There are a number of factors that have aided this transformation. They include:

The phrase of globalisation is becoming very popular around the world, and it gives free movement to communicate with people regarding cultural, economic, social, technological, political, educational and businesses. In the modern society globalisation has impacted on many human lives, which started in the western countries in (1492), according to Kevin H. O'Rourke, Jeffrey G. Williamson, and then it expanded all over the world. The word of globalisation can describe many different aspects such as globalisation of nothing, the making of the global society and the globalisation of wealthy and poor. According to Robert Shuey in (2001), ‘’globalisation is widely and somewhat loosely used a term, intended to describe the recent and rapid process of international, economic, social, and political integration’’. The idea of his words that globalisation is giving an opportunity to people, so they can travel, invest internationally, and communicate this can help many businesses people especially in Australia to invest more widely and internationally. Globalisation has impacted on Australian society in all terms of life, for instance, it has an enormous impact on health and education system, on technology, and on the Australian economy. But one of the categories is increasing so widely among Australian people who affect many young people’s lives is the impact of racism on the health and wellbeing of young Australians. The word racism is the very phenomenon aspect in the Australian society, especially between young people. On the very high percentage of many young Australians are experiencing racism between the nation, most of these racists are because of skin colour, cultural beliefs, different traditions from different countries, speaking another language and gender. Racism plays a significant role in the society, and many people are aware of this because when they face radical discrimination from any individual, they feel angry and frustrated, and sometimes they feel of not belonging to the local community.

¹Daniels et al. (2009) states that globalisation is “The broadening set of interdependence relationships among people from different parts of a world that happens to be divided into nations.” and “the integration of world economies through the reduction of barriers to the movement of trade, capital, technology, and people”. And undoubtedly the disaster has affected

The effects of Globalisation on Australia can be disseminated into a number of different categories. For the purposes of this report five major categories including Economic, Social, Cultural, Environmental and Political have been explored and summarised but is by no means exhaustive.

Globalisation is the interaction among people and the exchange of goods between different nations. The economies of countries grow and become interconnected (Globalisation 101, n.d.). The Criterion group had a lot of success with trade overseas. Managers need to make sure they do research of the country they wish to enter, for example, being aware of other cultures and religion, which could effect how they work. Hofstede’s 5 dimensions include Power distance, Individualism vs. Collectivism, Masculinity vs. Femininity, Uncertainty Avoidance and Long term vs. Short term. Power distance, although not a huge concern in New Zealand due to our open door policy, this is not the case in other countries such as Singapore, where lower members of society accept they will not be treated equally. Criterion put a lot of effort into making their worker feel appreciated and try to

Australian – British relations are one of the closest international relationships in existence, marked by culture, institutions and language, Australia have a few interconnection with England by military, tourism, migration, economic, sports, culture, science and engineer. Firstly, Globalisation is acting an important role between Australia and England, however what is globalisation? Globalization is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. Globalization has increased the production of goods and services.

Money is a prat of people life, so everybody want to make more and more money that could improve people life quality. Hence, people produce a special major that name is business. In addition, many people study business that means production a community, so business community is a special community because they have a difference other communities feature. Even though, math major is similar with business major they have a little difference that cause they have a difference acting, thinking, valuing, talking and dressing.

The FTC is primarily concerned with sniffing out pyramid schemes, which are illegal multilevel marketing plans in which the main way of earning money is by recruiting new sales representatives. As the industry expands, it is restricted by FDA inspections and cosmetics compliance related to imports/exports. The industry is categorized as Toiletries Preparation Manufacturing and the SIC/NAICS codes are 325620/2844 respectively.

Globalisation can be defined as the movement toward economic, financial, trade, and communications integration by countries and their populations globally. It is a constant process and it has resulted in the intertwining and generalisation of the needs and wants of people

Barth, Chris. "ING Direct Gets A New Name Following Capital One Acquisition."Forbes.Com (2012): 18. Business Source Premier. Web. 8 Nov. 2013.

|More access to food, services, healthcare etc. all over the world |Heavy environmental cost |