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- 1. What is globalisation? 2. explain two advantages and two disadvantages of globalisation. 3. Utilising Hofstede’s Cultural Dimensions, state the differences in culture between Brazil and Russia?Read the following excerpt from a detailed article on globalisation and answer the questions thatfollow:The ability of countries to rise above narrow self-interest has brought unprecedented economicwealth and plenty of applicable scientific progress. However, for different reasons, not everyone hasbeen benefiting the same from globalization and technological change: wealth is unfairly distributedand economic growth came at huge environmental costs. How can countries rise above narrow selfinterest and act together or designing fairer societies and a healthier planet? How do we makeglobalization more just?According to Christine Lagarde, former President of the International Monetary Fund, “debatesabout trade and access to foreign goods are as old as society itself ” and history tells us that closingborders or protectionism policies are not the way to go, as many countries doing it have failed.Lagarde defends we should pursue globalization policies that extend the benefits of openness…Read the following excerpt from a detailed article on globalisation and answer the questions thatfollow:The ability of countries to rise above narrow self-interest has brought unprecedented economicwealth and plenty of applicable scientific progress. However, for different reasons, not everyone hasbeen benefiting the same from globalization and technological change: wealth is unfairly distributedand economic growth came at huge environmental costs. How can countries rise above narrow selfinterest and act together or designing fairer societies and a healthier planet? How do we makeglobalization more just?According to Christine Lagarde, former President of the International Monetary Fund, “debatesabout trade and access to foreign goods are as old as society itself ” and history tells us that closingborders or protectionism policies are not the way to go, as many countries doing it have failed.Lagarde defends we should pursue globalization policies that extend the benefits of openness…
- 15 Globalization engenders _____________ at the global level a. More rivalry b. No competition c. Stability d. Less competitionRead the following excerpt from a detailed article on globalisation and The ability of countries to rise above narrow self-interest has brought unprecedented economicwealth and plenty of applicable scientific progress. However, for different reasons, not everyone hasbeen benefiting the same from globalization and technological change: wealth is unfairly distributedand economic growth came at huge environmental costs. How can countries rise above narrow selfinterest and act together or designing fairer societies and a healthier planet? How do we makeglobalization more just?According to Christine Lagarde, former President of the International Monetary Fund, “debatesabout trade and access to foreign goods are as old as society itself ” and history tells us that closingborders or protectionism policies are not the way to go, as many countries doing it have failed.Lagarde defends we should pursue globalization policies that extend the benefits of openness andintegration while alleviating…Discuss two (2) advantages and two (2) disadvantages of globalisation. 3. Utilising Hofstede’s Cultural Dimensions, state the differences in culture between Brazil and Russia? 4. How would you recommend a company deal with the differences in culture when operating in Russia and Brazil?
- https://www.businessoffashion.com/articles/global-markets/africa-vs-the-usa-a-secondhand-clothing-showdown/ I need a short sumary of this article please.What is globalisation?2. Discuss two (2) advantages and two (2) disadvantagesof globalisation.3. Utilising Hofstede’s Cultural Dimensions, state thedifferences in culture between Brazil and Russia?4. How would you recommend a company deal with thedifferences in culture when operating in Russia andBrazil?Which factor does not contribute to the expansion of globalization? Select one: a. Reduction in trade barriers b. Protection of infant industries c. Global Competition d. Technological advancement
- What reason can be attributed for the significant difference in the living standards of Ghana and South Korea over the last 30 years? A. New government regulations B. Technological advancements C. Comparative Advantage D. Differing attitudes toward international trade E. New tax rules7. List disadvantages for a domestic economy and the citizens of home country that come as a result of Firm's decision to go global. How could the Firm mitigate these disadvantages?All of the following are important for the success of global managers, except: a. Experience working in a foreign country b. The ability to network across borders c. Knowledge of your job role effectively d. Money