Saturday, December 21, 2019

Globalization Brings Opportunities And Challenges

Name: Ahmad zreika Student ID:201415689 Date:17 Nov/2015 Globalisation bring both opportunities and challenges. Discuss It might not be the first time that you hear about what is called globalization, but you have never thought what does it exactly means and what are its elements because it is not easy to be defined .In a brief summary, Three main elements are involved in the process of globalization which are the people, companies, and governments of different countries in which they unite or collaborate together to be able to trade different objects or materials internationally. This process is well known for its effects on our environment, economy, society, culture, and politics which may be positive for some and negative for others. In other words, globalization is making countries all over the world close to each other in many ways. Advances in technology such as internet, airplanes, Media, and mobile phones facilitated the transport and communication between countries[t]. This means that the exchange of goods became quicker and less complicated. Globalization is basically of 3 types which are po litical, economical, and cultural but less typical types to talk about are the ecological and military globalization. However, each type has its own pros and cons depending on the country and situation1. -The economic sphere is the major catalyst for globalization and is at the same time the most affected area. Many countries are searching for new markets andShow MoreRelatedGlobalization Paper1190 Words   |  5 PagesGlobalization Paper GBM/380 January 10, 2011 Professor Jing Liu Globalization Globalization can be viewed as one of the major influences for the world’s progressions over the past centuries. It is comprehended that globalization has the potential to make countries and societies richer via free trading or little trade barriers providing knowledge and information to people around the world. Others perceive globalization negatively and view it as a major factor to exploit the poor while theRead MoreEconomic Globalization And Its Impact On Society1154 Words   |  5 PagesEconomic globalization has progressed significantly around the globe. First world republics have evolved due to economics, while possessing economical supremacy over the poor. Developing technologies, social interactions and the exchange of ideas knowledge promote the expansion of economical impacts on societies. With growing competition between nations, the world of economics is seen at every corner. Sources of economic globalization, such as market economies, control every aspect of a consumer’sRead MoreInvestment Banks and Globalization1000 Words   |  4 Pagesinvestment banks and globalization.† â€Å"Investment banks are facing many challenges, not least the need to become global in scope and ambition, but local in understanding and execution†. (Comments on the article by Anshu Jain, head of Deutsche Banks Global Markets Division). In the article the main though is represented by a statement that: â€Å"We cannot easily talk about alternatives to globalisation in investment banking; only of the different strategies for meeting its challenges†. According toRead MoreImpact Of Management On The Globalization Of Business1374 Words   |  6 Pages Impact of management in the globalization of business Ruth Wills University of the People Abstract The purpose of this paper is to show impact of management in the globalization of business. The following topics are addressed in this paper: 1. Definition of Multi-National Corporation 2. Cultures and Norms 3. Management Style and Culture Shock 4. Management Style of a Multi-National Corporation : Toyota Motors 5. Ethical and Economic challenges faced Multinational CorporationRead MoreBusiness Is An Activity It Requires Management1056 Words   |  5 PagesManagement can be defined as the art or act of doing things or activities through the efforts of other people to accomplish desired goals. It deals with the organising and coordination of people, activities, materials, machines and money. The definition brings into focus the functions of management which are; planning, organizing, leading and controlling. Management is involved at all levels of a business and is central to business more importantly in this globalised era. The functions of management outlinedRead MoreThe Fashion Industry And Manufacturing Process842 Words   |  4 Pagesan unintentional collaborative process - one that brings society together through each of the prior components (design, culture, economy, etc.). Jobs are created, and the culture of the era is promoted through the art of design. It is a phenomenon that often expands beyond the boundaries of the designer’s home country – it has become, more often than not, a global process. As in most industries, the globalization of the fashion industry brings with it the realization that there are advantages toRead MoreHow Globalization Effects Hrm Essay1733 Words   |  7 PagesHow Globalization effects HRM The term Globalization has invaded the mind of every successful businessman and the concept of Global Village is a common issue in the modern business world. What really the globalization is? The answer seems simple if a firm or an organization expands its sales or production beyond the national boundaries, then it is globalization, but it does not cover the real meaning of the term. Globalization actually means more, much more than that; it is realizing that thereRead MoreThe World Wide Web As A Practitioner s Perspective1458 Words   |  6 Pageseffortlessly to communicate between governments. In â€Å"Globalization and Diplomacy: A Practitioner s Perspective,† Stobe Talbott of Foreign Policy states the importance of adapting to challenges modern governments have to address, â€Å"The bilateral, government-to-government approach that has traditionally been the staple of American diplomacy is often insufficient to address threats†¦ which are almost always regional-and very often global in scope. These new challenges will yield only to an internationally coordinatedRead MoreThe Globalization Of A Multinational Corporation172 5 Words   |  7 Pagespursuit of business opportunities. Their size provides them the opportunity to achieve markets and increase their scale in manufacturing and development outside their local market. In other words, multinational companies are going global. Globalization refers to the unification of world economies by removing barriers to international trade, tariffs, export fees by embracing tolerance, understanding of different cultures and customs. This global reach provides new opportunities to expand and improveRead MoreInterview Questions For A Vice President Of The Marketing Division Essay814 Words   |  4 Pagescompany can only identify the right person by engaging in interviews. The following are proposed interview questions addressing issues such as the 21st business landscape, the role of the leader, leadership styles, the need to bring trust to the corporation, and globalization The 21st business landscape 1. Do you have the qualities of a successful 21st century business leader? The answer expected is â€Å"yes†, as the perfect candidate for the position should have the qualities of a 21st century business

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.