...EG462 February 13, 2011 Week 8: Examining Alternatives to Globalization There are many people who like the fact of globalization. Many cultures around the world like the fact that they can get Chinese food in America, American McDonalds in Mexico, Mexican food in Europe, and Italian food in China. People from many cultures have retail stores, like Wal-Mart, they can shop at and get low prices on their needs. There are other people who think that globalization in bad for different cultures and the world. These people criticize business and other organizations for globalizing their business. Critics of globalization blame business for taking their manufacturing jobs to lower income countries. These countries people will work for less than half of what Americans will work for. For example, Wal-Mart buys clothes from Asia countries and pays the business in the countries to grow their economy instead of American business. If Wal-Mart would buy American clothing they would be able to sell the clothes to people around the world and increase business in American clothing manufactures. There are other industries that are affected by American presence in the world. Besides Wal-Mart, McDonalds, and humanity efforts around the works the world sex trade industries import their employees or slaves from many other countries around the world. The sex trade is a millions of dollars industry that focuses on business men, local men, and the United States military. Critics believe...
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...Assignment 1 — Sharp Corporation: Beyond Japan Unit 1: Macro-level Influences on International Business In Assignment 1, you are required to do a case analysis of Sharp Corporation, a Japanese company. If you haven’t already done so, review the Assignment Tips and Requirements and the Note on Case Analysis (links are on the instructions page for this assignment). The objective of the case study for Assignment 1 is to expose students to globalization and its impact on operational decisions of companies. Faced with major losses, Sharp Corporation is forced to question its long-standing operating model and to develop a new approach that is more suitable to the environment it now competed in. Completing this assignment will enable you to see how the key concepts presented in Lessons 1 through 3—globalization, culture, and political and economic risk—are interconnected. You will be able to evaluate interrelationships among issues related to (i) the role of globalization in investment decisions and company operations; (ii) the role of economic environment in creating global companies; (iii) the importance of property rights in international business; and (iv) the role of national culture in company operations. The Case To read the case, click the link below (will open in new window). Sharp Corporation: Beyond Japan One-time permission to reproduce granted by Richard Ivey School of Business Foundation on Oct. 13, 2011. This permission will expire six months from Jan. 1, 2012...
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...reason for such a change in success for the Guillermo Furniture Company is due to globalization. Due to the automation embraced by the company’s competitors, which has caused a reduction in profit margins as well as raise production costs for the Guillermo Furniture Company, there has been significant decline in business. Mr. Navallez is now faced with a plethora of decisions that may or may not dramatically change the way in which the Guillermo Furniture Company is operated. The accountant that has been hired by the Guillermo Furniture Company has been assigned to analyze capital budget techniques that will help determine which course of action should be taken by Mr. Navallez. This has been accomplished by not only examining capital budget techniques but through extensive research in understanding business alternatives available to the Guillermo Furniture Company as well. There are different business alternatives available to Mr. Guillermo Navallez. Like many of his competitors, Mr. Navallez has the option of merging his business with that of a larger company or he may choose to improve his production with the use of technological advances. Through technology, such as the use of computerized cutting instruments that will improve the accuracy of the cuts and allows for less production time it would allow the Guillermo Furniture Company to increase profit and a low cost per piece. Another alternative is to form a partnership with a competitor not yet...
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...Running head: HEALING ART Healing Art Student Name Strayer University BUS520 Professor Name Date Healing Art Splashes of Hope is a growing company that creates therapeutic art and alternative methods in healing. The artists at Splashes of Hope provide inspiration and hope to patients who otherwise would be viewing a blank wall while receiving chemotherapy. The custom-made murals are a therapeutic distraction technique in pain management in a healthcare setting. The artwork installation on entrance doors and in elevators lobbies also welcomes patients. Globalization Splashes of Hope is blossoming and growing into an international organization. They receive requests for custom artwork and prints to be installed from facilities throughout the United States and the world. Splashes of Hope is doing research to find a country to expand their business and manufacturing process. Expansion in a country high in creativity and manufacturing skills is the next stage. The human resources department views Japan as a leading country of choice for the globalization of Splashes of Hope therapeutic art division. Japan has a long history of adopting of imported ideas (Japan painting, 1994). They established a copying process ranging from emulation to synthesis (Japan painting, 1994). The majority of the labor force would consist of routine intensive labor. Evaluation and understanding of communication practices and cultural differences between the United States and Japan will insure...
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...The Attitude of Youth Populations toward Globalization What exactly are the youth views on globalization? First let’s start by defining globalization. Globalization refers to increasing global connectivity, integration and interdependence in the economic, social, technological, cultural, political, and ecological spheres. Globalization is an umbrella term and is perhaps best understood as a unitary process inclusive of many subprocesses that are increasingly binding people and the biosphere more tightly into one global system (Wikipedia, 2007). Next let’s verify the term youth. Youth is "The time of life when one is young; especially: a: the period between childhood and maturity b: the early period of existence, growth, or development" (Wikipedia, 2007). “Globalizing issues have effects on four major areas of international relations theory and practice. First, the interconnectedness of the plethora of subissues within health, environmental, and human rights issues affect international bargaining” (Mingst, 2004). These issues are talked about daily in the news. Often times when health issues are brought up it is related to youth whether it is HIV, STD’s, or just simple obesity. Often times these issues when viewed at by youth are things that do not affect them in actuality it affect them more so than adults. “Second, these globalizing issues themselves may be the source of conflict” (Mingst). With this being said it is evident why the world goes through epidemics...
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...Strategic Uncertainty and Alternative Futures: Evaluating Our Options in the Post-September 11 World Eric K. Clemons Steve Barnett 23 April 2003 Draft 3.6 1. Introduction Our perception of our world changed dramatically on September 11, 2001. Our sense of safety, security, and certainty were altered, perhaps for years to come, perhaps for the rest of our professional lives. Although it is clear that our personal, political, and business environments have all been altered, it is not immediately clear how they have been changed; this is, it is not clear what the details of these changes will be, or how we must respond. We now live in a period of greater strategic uncertainty. This brief paper summarizes the results of two workshops held by the Reginald H. Jones Center that attempted to provide some insight into the origins of the current conflict that the U.S. faces in the Middle East, as religious (Islam vs. the West) or economic (the developed West vs. the developing Middle East), or a clash of cultures, or some other form not as yet identified1. The hope was that by developing an understanding of the origins of the conflict, we would develop some insights into the form of the conflict and its duration; this in turn would lead to an understanding of the business implications that might result and strategies that might provide appropriate responses in different strategic contexts. We faced a high level of uncertainty about what had happened and what was likely to happen...
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...503 POSEBNI PRILOG George Macesich* GLOBALIZATION: PROBLEMS AND PROSPECTS Globalization on Course Thanks to increasing international trade in goods and services, capital flows, and operational linkages among business firms, worldwide integration and interdependence is now a fact of life. This is globalization.1 For all of its many problems, giobalization is worth pursuing as a way to raise the world’s living standards. Its call for open markets is direct. It is often not simple to put in practice as public policy. Its decline during the turbulent years between World War I and II underscores how difficult it is to put such policy in place. Nevertheless, by the I 950s the world economy again resumed its upward trend toward globalization. Still, the road is not smooth. Turbulence In Capital and Money Markets Critics of the International Monetary Fund (IMF) argue that the JiMF’s mistakes may well have created a backlash against globalization in the post-Cold War years.2 The Asian and Russian crises in the closing years of the 1990s and IMF attempts at fixing problems complicated the advance of Western-type market economies. A case in point is Malaysia, which in September 1998 effectively cut * George Macesich, profesor i direktor na Institute for Comparative Policy Studies, Research and Exchanges na Florida State University, Tallahassee, Florida, SAD. Ovaj je rad pripremljen za seminar koji je održan 27. 3. 2003. na College of Engineering, University of South...
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...international relations have been studied as early as the time of the ancient Greek historian Thucydides. As a separate and definable discipline, however, it dates from the early 20th cent., when the first organized efforts were made to find alternatives to wars in nation-state international behavior. Two schools of thought quickly developed. One looks to strengthened international law and international organizations to preserve peace; the other emphasizes that nations will always use their power to achieve goals and sees the key to peace in a balance of power among competing states. With increased importance attached to a theoretical understanding of the whole international system, there has been a growing use of concepts and modes of analysis developed in the natural sciences in an attempt to improve the verifiability and applicability of theories. International relations is the study of relationships between nations. When analyzing international relations three general levels refer the complexities of world politics: individual, state and the international system. Individual- The individual level of analysis focuses on decisions made by individual people that go on to shape foreign policy. This type of analysis will involve examining the traits, desires and ideals of the individual, and the impact that they had on decisions that affected world...
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...The Ethics of Hardball Competition has been a driving force of ethical problems in business. And with greater opportunity, such as globalization, has come greater tests. Author Lindsay Thompson (2010) stated, “Globalization, with its undisputed opportunities and benefits, raises new and inescapable moral challenges” (para. 1). At the sake of remaining competitive and keeping their share of the market, businesses have been confronted with ethical dilemmas where either social or business ethics have prevailed. However, not every situation has to result in this “either or” manner. Thus, an ethical decision can result in a good business decision. This paper will discuss the handling of ethical decisions by businesses that can result in a good ethical and business choice, the modes of accountability for them, as well as discuss the teleological and deontological theories as they pertain to business decisions. Ethical Choices can Equal Good Business Businesses can make ethical decisions that are at the same time good for business. This can bring about profit for a company as well as establish or reinforce an image of integrity to the public. Here is an example of a decision a company took that was seen as an ethical choice, but not good for business. In August of 1992, just prior to Hurricane Andrew striking the homes of Miami residents, Home Depot resolved to sell their 4-foot-by-8-foot sheets of outdoor plywood at cost (forgoing their profit). While others took...
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...The urban in fragile, uncertain, neoliberal times: towards new geographies of social justice? R. ALAN WALKS Department of Geography, University of Toronto Mississauga, Mississauga, Ontario, Cananda L5L 1C6 (e-mail: alan.walks@utoronto.ca) Canadian cities are at a crossroads. The neoliberalization of governance at multiple scales, inadequate re-investment in urban infrastructure, increasing reliance on continental and international trade, and the restructuring of the space economy have combined to weaken Canada’s cities just as the global economic system is undergoing transformation. Canadian urban geographic scholarship has much to offer under current conditions, and is already making significant contributions in key areas. In particular, research on what might be called the contours and impacts of urban restructuring and the neoliberal city, immigration and cities of difference, and urban environmental justice show much promise and are likely to define the core of Canadian urban geography into the future. Key words: cities, urban geography, Canada, economic restructuring, neoliberalism, social justice L’urbain ` une ´poque fragile, incertaine et a e n´olib´rale: vers de nouvelles g´ographies de la e e e justice sociale? ` Les villes canadiennes sont a la crois´e des chemins. e Alors que l’´conomie mondiale traverse une p´riode e e de transformation, la situation des villes au Canada se pr´carise avec les effets de la restructuration e ` n´olib´rale de la gouvernance a multiples...
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...Globalisation and Rising Inequality in Australia Is Increasing Inequality Inevitable in Australia? Tom Conley Griffith University Introduction I want to dedicate my government to the maintenance of traditional Australian values. And they include those great values of mateship and egalitarianism.1 10 years ago a Mitsubishi type development would have flattened people psychologically. Now they take it in their stride … 2 Policy-makers and commentators have long been cajoling Australians into accepting that they are a part of the global economy, which means an acceptance of a whole range of ‘new realities’. One of the major themes of the pro-globalisation position is that Australia has accepted these new realities and adjusted well to globalisation by embracing economic liberalism. The results, it is argued, have been overwhelmingly beneficial. John Howard points out the Australian economy has grown for fourteen years straight – a remarkable achievement by any standards. This success story of growth has tended, however, to override more disaggregated, negative analyses of social outcomes in Australia. A less sanguine part of this new globalising ‘reality’ appears to be an acceptance of rising inequality. Indeed, it is often implied that rising inequality is a spur for growth. The argument is that everyone is better off, it’s just that some people are better off than others. While commentary is often not explicit about the association of globalisation and rising inequality...
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...Account for the growing importance of global civil society in global environmental politics. Is this phenomenon synonymous with global environmental governance? The globalization phenomenon has altered many facets of the contemporary world. Areas of governance such as states’ policy making, the way companies do business, and how information is shared have all been affected by the increasingly globalized world. With all of these changes occurring at a rapid pace, state sovereignty has been challenged by a plethora of other actors who now can claim some form of governance in the global system. In the modern world sources of authority such as international governmental organizations, non-governmental organizations, social movements, and multinational corporations all have joined the state in establishing governance on a wide array of issues: “Activist groups, business associations and policy research institutes now provide research and policy advise, monitor the commitments of states, inform governments and the public about the actions of their own diplomats and those of negotiation partners, and give diplomats at international meetings direct feedback (Betsill 243). In particular, one such area of global governance where there is a question of governmental authority can be seen in global environmental politics. Over the last few decades, the role of non-state actors in global governance has increased as citizens have taken their own initiatives to instigate environmental...
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...GLOBALIZATION Firm Internationalization and Capital Structure in Developing Countries: The Role of Financial Development Halit Gonenc and Daniel J. de Haan As the trend in globalization continues, developing market economies are moving to the forefront of the world market, diminishing the dominance of developed countries. Their rapid expansion is often underpinned by strong domestic firm performance. The resources and funds required to fuel the sustained future growth of these firms as they compete with global powerhouses from developed markets therefore become important factors. In recent decades the process of globalization has made it increasingly common for developing country firms to internationalize and gain access to developed country capital markets. Developping countries are playing a significant role in the developpment of their home-country economies because of a higher use of external financement, which could give these firms the opportunity of operating in countries with more developped financial markets and a better access to external funds. In addition, developed financial markets can reduce the problem of asymmetric information. To evaluate the role that both the level of financial market development and firm-level characteristics have in the relationship between internationalization and debt financing, they employ three-variable interactions. The purpose was to find out how the relationship between the level of foreign sales and financial development...
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...Critical Social Policy http://csp.sagepub.com/ Capitalist globalization, corporate social responsibility and social policy Leslie Sklair and David Miller Critical Social Policy 2010 30: 472 DOI: 10.1177/0261018310376804 The online version of this article can be found at: http://csp.sagepub.com/content/30/4/472 Published by: http://www.sagepublications.com Additional services and information for Critical Social Policy can be found at: Email Alerts: http://csp.sagepub.com/cgi/alerts Subscriptions: http://csp.sagepub.com/subscriptions Reprints: http://www.sagepub.com/journalsReprints.nav Permissions: http://www.sagepub.com/journalsPermissions.nav Citations: http://csp.sagepub.com/content/30/4/472.refs.html >> Version of Record - Nov 1, 2010 What is This? Downloaded from csp.sagepub.com by guest on May 2, 2012 E S L I E S K L A I R L London School of Economics D A V I D M I L L E R University of Strathclyde Capitalist globalization, corporate social responsibility and social policy Abstract This article outlines how the twin crises of capitalist globalization – of class polarization and ecological unsustainability – combine to produce the need for Corporate Social Responsibility (CSR) to attempt to bridge the gap between the rhetoric and reality of corporate conduct. The first section outlines how CSR relates to capitalist globalization and how it is integrated into the activities of the Transnational Capitalist Class (TCC). The role of CSR in...
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...Business Case Study: Siam Canadian Food Co., Ltd [pic] By 510009196 Introduction of the Company : SIAM Canadian Foods, founded and managed by Jim Gulkin, is a Bangkok-based Canadian-owned company that has been involved in the seafood brokerage business for almost 10 years. It was started in April 1987 after Canadian Jim Gulkin quit his job in the oil industry and invested his life saving of Cdn$130,000 in the business. When first starting out , Gulkin was total inexperienced in the food brokering business. SC’s role as a food broker was to indentify overseas customers, usually food importers, and negotiate sales with them on behalf of food processors in Thailand. Siam deals with an extensive assortment of frozen, canned, and dehydrated products that include: frozen seafood, frozen poultry, canned and frozen fruit, canned and frozen vegetables, dehydrated fruit, and, lastly, juice concentrates. The company was founded in April, 1987 and first achieved profitability in 1991, and has continued to be profitable ever since. That same year Jim Gulkin’s exporting operations have expanded to Vietnam and Ho Chi Minh City. In 1991, Gulkin opened up new representative office in Vietnam with the help of Philippe Vo. Earned an average commission revenue of 1.25% on sales contracts, usually denominated in US dollars. Problem Statement: a) Jim Gulkin's dilemma to invest in Burma: Jim Gulkin, the founder and managing director of Siam...
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