Buffalo New York, a city in western new york located between Lake Erie and Lake Ontario, two of the great lakes, was once known as an industrial capital in the twentieth century. The city has now shifted into a more sustainable lifestyle, taking the once industrial factories and transforming them into different attractions. As of today this is their sustainable triple bottom line of people, planet, and profit: People: Being so close to major waterways, Buffalo was an industrial capital which
1. Introduction The language used around the world is evolving. Currently, English language is spreading globally and it has received a world recognition. According to Schneider (2007), English is the world’s lingua franca as it is being used internationally and exclusively as the language of politics, trade and the internet. In some countries such as Nigeria and Singapore, English has become a local language in which it is used in their daily communication (Schneider, 2007). Thus, this shows that
Marketing products globally can be profitable and permit Smartshoes to expand our client base for an increase in sales and visibility. Exposure in global markets may facilitate branding efforts, by making the Smartshoe name or identity better known. The use of the internet, mobile phones, and satellite tracking technologies have made it easier to communicate around the world and makes managing a global sales force feasible but selling products in the international market can pose challenges. In “International
commodities, they trade their values, languages, and non- materialistic items. “Globalization is a spiritual concept signifying a set of social processes that transform our present social condition of conventional nationality into one of globality” (Steger 2017: 12). Globalization makes the world connected. Without globalization,
Some leading scholars argued that the existence of national laws and policies has significantly determined the extent to which a country's success or failure to benefit from trade and investment agreements. Hernando De Soto (2000) claimed that formalities and inefficiencies in the legal systems of developing countries have made them fail to enjoy the benefits of capitalism. Trubek (2006) then identified how legal cultures of developing countries were highly ‘formalist’, leading to weak enforcement
adapt to the customs or behavior of a different culture or society. In this time of globalization, businesses more than ever must apply this rule. Now, boundaries are eliminated between countries and new opportunities are born. Company enters new countries, moreover, multinational emerges and ultimately evolves to a global posture. It’s becoming part of our life. Every day, we experience various products of globalization. We communicate with friends and family from all over the world, we surf the internet
of three categories: autocracies (-10 to -6), anocracies (-5 to 5), and democracies (6 to 10). In this, a 20-point measurement of political class is produced of each country, every year. To measure economic reform, I chose the Index of Economic Freedom; an annual index and ranking system created in 1995 through the Heritage Foundation and The Wall Street Journal. This particular tool evaluates countries on ten economic factors: 1. trade policy 6. property rights 2. taxation
According to Higgins-Desbiolles (2004), tourism is among the most important forces that are shaping the world in the modern times. Other than being a foreign exchange earner, it also generates job opportunities to millions of people across the globe and act as the major export earner for many nations in the world. In addition, it is also characterized by other advantages such as helping in restoring and conserving environment, contribute to the conservation of cultures as well as promoting peace
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
Global Islamic Economy Asia Malaysia – is the most developed market for Sukūk at both the primary and secondary market levels. As of mid-2013, Malaysia was responsible for USD148 billion of outstanding Sukūk, or 60.4% of the total global value. Other jurisdictions in Asia that are active Sukūk issuers include Indonesia, Pakistan, Singapore and Brunei. In 2012, Indonesia accounted for 7.0%, and Pakistan for 1.5%, of global issuances. Malaysia is also leading the Asian region in asset management, with