... MBA PART-1 Sem.-II INTRODUCTION Terrorism has given up as global threat and terrorists have free flow of information, communication, Information Technology and so forth. Threats from terrorist groups have grown alarmingly and pose a greater challenge to nations. Terrorists conduct their activities with the aim of destruction. The fear of terrorism is looming large in our daily life. There are innumerable incidents of such fear and insecurity. Terrorists attacks has its impact globally –be it tourism, Gross domestic product, medical industry, productivity, aviation industry, stock market etc. Terrorism creates feeling of hatredness, frustration and panic in the society with the main objective of destruction in the opposition. Paradigm of Terrorism has seen a major change with terrorists remaining invisible and exhibiting cross nation spread using Internet as a main source of communication. HISTORY Of TERRORISM The word "Terrorism" has been derived from Latin word "Terrere" which means "To fight"....
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...Homeland security is often something taken for granted by United States citizens and policy makers. Many felt that the United States was inherently immune to acts of terrorism until the tragic events that occurred on 9/11. Though time has elapsed since then, the impact of terrorism on the nation must not be forgotten. The importance of Homeland Security must continually be emphasized in order to make it a top priority for governing officials and citizens of the United States for the safety of its citizens and the ability to thrive as a nation. Now, more than ever, United States policy makers play a drastic role in Homeland Security. The threat of various WMD proliferation is growing exponentially with the numerous technological advancement...
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...operate internationally, largely as a result of deregulation and improved communications. It is the social, political and economic integration that comes with the increased flow of trade, people, capital, and ideas” (Steger). The purpose of this essay is to show how globalization has increased poverty and affected some countries and people’s lives. While many people argue that globalization has reduced poverty; others, has disagree because there are facts that show clearly how the rate of poverty has increased. According to Sachs, Professor of Health Policy and Management at Columbia University, poverty is the result of “low productivity per worker, which reflects poor health, lack of job-market skills, patchiness of infrastructure (roads, power plants, utility lines, shipping ports), and chronic malnutrition” (Sachs). In many countries, the economic situation is going from bad to worse. Poverty has been rising steadily “from 21% in 1984 to 40% in 2002” (Nissanke). Sachs said that every day more than 20 000 die of dire poverty, for want of food, safe drinking water, medicine or other essential needs. People earn by on “$1 a day or less and are overlooked by public services for health, education and infrastructure” (Sachs). Globalization has not always effective at reducing poverty because of the increased crime rate, terrorist attacks, and inequalities in economic distributions that will be explain...
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...Business Environment TEST PLANNING TABLE FOR CHAPTER 1 |Learning Goal | | | | | |LL:1 |LL:2 |LL:3 | | |Knows Basic Terms and Facts |Understands Concepts and |Applies Principles | | | |Principles | | |Describe the relationship between profit |1,2,3,4,5,6,7,8,9,10, |25,26,27,28,29,30,31, |34,35,36,37,38,39, | |and risk and show how businesses and |11,12,13,14,15,16,17 |32,33, |40,41,42,43, | |nonprofit organizations can raise the |18,19,20,21,22,23,24, |188,189,190,191,192,193,194,19|198,199,200,201, | |standard of living for all. |176,177,178,179,180,181,182,1|5,196,197 |202,203,204, | | |83,184,185,186,187 | |221, 326, 330 | |Compare and contrast being an entrepreneur|44,45,46,47,48,49,50,51,52,53|57,58,59, |60,61,62, | |and working for others. |,54,55, |213,214,215,216,217, ...
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...Abstract Over the past few decades, the global scenario has changed considerably with increased interdependence amongst nations and economies. This intertwining amongst nations and sharing of ideas and technology has been termed as “Globalization”. Globalization has been a buzzword of late, with heated discussions about its pros and cons. Some consider it to be a blessing for mankind while others take it as a curse. For some it has brought about material prosperity while others have become unemployed due to it. This paper tries to analyse the effect of Increased International Trade and Globalisation on the US economy. The first section discusses the pros and cons of Globalization while the second section discusses how globalization has lead to increased foreign trade. Thereafter, it discusses the effect of globalisation and increased foreign trade on the American economy. Introduction Trade is believed to have taken place throughout much of recorded human history, whether as barter or in exchange of currency. Till the 1800’s, trade was limited due to difficulties in transportation, communication and restrictive trade policies. However, in the mid 19th century, with advent of free trade and nation advantage concepts, trade started to pick up (Daniels & Sullivan, International Business and Operation). Although international trade has been present throughout much of history, for example Silk Route, its economic, social, and political importance have increased in recent...
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...Be it resolved that wealthy countries should increase their foreign aid. Foreign aid is economic, technical, or military aid given by one nation to another for purposes of relief and rehabilitation, economic stabilization, or for mutual defence (Dictionary.Reference). According to Ranking The Rich “foreign aid is pragmatic and principled...in a globalizing world, rich countries cannot insulate themselves from insecurity” (Ranking The Rich, 2004). Our world contains “global cities” meaning; nations tend to be more closely related to each other than they are within their own borders. Therefore what happens globally also has an impact locally because everyone belongs to the global community and if there is an occurrence wealthy countries need to contribute because it has an impact on their own people as well. (Streger, 2010, p.83). Foreign aid should be implemented by wealthy countries to help relieve the oppressed developing countries from downturns because of agriculture changes caused by global warming which in turn causes cultivation to decrease and as a result, less trade among nations for the products. This paper will also go into the analysis of democracy as being beneficial for individuals and society as a whole. Individuals are universally correlated to each other on this planet through the air they breathe, the climate, the food and the water that they drink. (Streger, 2010, 108). According to this statement individuals are boundless, and green house...
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...Multidimensional Lenses on Migration Dilara Sönmez Middle East Technical University Department of International Relations, #1541077 ABSTRACT National and international security has gained new meanings and elements in recent years, especially after Cold War. The changed concept of security has been more and more broadened with accelerated effects of globalization and shocking September 11 events. The new issues of security agenda may be listed as immigration, global terror, climate change, energy, internal violence, human security etc. This article recovers mainly how irregular migration effects national and human security in a multi dimensional framework, from theories to the cases under several sections of the paper. Firstly, the definition and types; secondly motivations of immigration are outlined with a historical and theoretical briefs. Then the general perception on migration and motivations of migration will be connected more specific sections that are, in sequence, international lenses on migration regarding state and public securities and more specifically, the lenses of the US and European Union on migration. The conclusion part put my arguments as done during article that are both agreed and disagreed with the mainstream theories and the opinions of expert that are stated in the article. Definitions and Types of Migration The term of migration has several definitions that give almost similar meanings. Generally, in social science literature, Migration...
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...Singapore Taipei Tokyo PART OUTLINE Chapter 1 Assessing the Environment—Political, Economic, Legal, Technological Chapter 2 Managing Interdependence: Social Responsibility and Ethics Assessing the Environment Political, Economic, Legal, Technological Outline Opening Profile: Economic Crisis Spreads Through Financial Globalization The Global Business Environment Globalization Globality and Emerging Markets Effects of Institutions on Global Trade Effects of Globalization on Corporations Regional Trading Blocs The European Union (EU) Asia Comparative Management in Focus: China's Economy Keeps on Chugging. The Americas Other Regions in the World The Russian Federation The Middle East Developing Economies The African Union The Globalization of Human Capital The Global Manager's Role The Political and Economic Environment Political Risk Political Risk Assessment Managing Political Risk Managing Terrorism Risk Economic Risk The Legal Environment Contract Law Other Regulatory Issues The Technological Environment Global E-Business Conclusion Summary of Key Points Discussion Questions Application Exercises Experiential Exercise Internet Resources Case Study: Indian BPOs Waking Up to the Philippines Opportunity? Management Focus: Intel Brings Changes to Vietnam's Economy and Culture Information Technology OBJECTIVES: 1. To understand the global business environment and how it affects the strategic and operational decisions which managers must...
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...ASSESSING THE ENVIRONMENT POLITICAL, ECONOMIC, LEGAL, TECHNOLOGICAL CHAPTER SYNOPSIS This chapter explains the elements of International Business Management. It gives a sound understanding of factors such as Political and Economic Environment, Legal Environment, and Technological Environment. Also, it covers the effects of Regional Trading Blocks, Information Technology, The Globalization of Human Capital, The Global Manager’s Role CHAPTER OUTLINE The Global Business Environment Regional Trading Blocks Information Technology The Globalization of Human Capital The Global Manager’s Role The Political and Economic Environment The Legal Environment The Technological Environment ISSUES FOR REVIEW AND DISCUSSION I. The Global Business Environment A. Global management Global management is the process of developing strategies, designing and operating systems, and working with people around the world to ensure sustained competitive advantage. 1. Globalism “Global competition characterized by networks that bind countries, institutions and people in an interdependent global economy.” 2. Evidence/Indicators of Globalism The growth rate of the trade of goods has grown faster than the world production of goods. The European Union has now caught up with the United States to share the position of the world’s largest investor. 2011 AMERICAN CITY UNIVERSITY Page 1 of 28 MBA505 INTERNATIONAL BUSINESS MANAGEMENT REV11A 3. Globalism Strategy Global companies are becoming less tied...
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...this article, I want to sort out the different meanings of globalization. In many countries, globalization has brought huge benefits to a few with few benefits to the many. But in the case of a few countries, it has brought enormous benefit to the many. Why have there been these huge differences in experiences? The answer is that globalization has meant different things in different places. The countries that have managed globalization on their own, such as those in East Asia, have, by and large, ensured that they reaped huge benefits and that those benefits were equitably shared; they were able substantially to control the terms on which they engaged with the global economy. By contrast, the countries that have, by and large, had globalization managed for them by the International Monetary Fund and other international economic institutions have not done so well. The problem is thus not with...
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...30/09/2014 Dr Nick Papageorgiadis The notion of a firm with a unique national identity is quickly fading. A Bermuda-incorporated, Paris-headquartered firm, listed on the NYSE with US style investor protections and disclosure rules, a chief information officer in Bangalore, a chief finance officer in Brussels and a chief operating officer in Beijing may not sound nearly so fanciful in the near future. Desai, M. A. (2009). The decentering of the global firm. The World Economy, 32(9), 1271-1290. What is International Management? The process of developing strategies, designing and operating systems, and working with people around the world to ensure sustained competitive advantage The Global Manager’s Role Contents Assessing the Environment: • • • Understand the global business environment and how it affects the strategic and operational decisions which managers must make. Critically assess the developments, advantages, and disadvantages of globalization. Develop an appreciation for the ways in which political, economic, legal, and technological factors and changes impact the opportunities that companies face. Appreciate the complexities involved in the corporation’s obligations toward its various constituencies around the world. Understand the changing perceptions and demands of corporations doing business in other countries, in particular the responsibilities toward human rights. Recognize that companies must provide benefits to the host country in which they...
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...CHALLENGES OF GLOBALIZATION: HOW BANGLADESH CAN REAP ADAPT ITSELF TO REAP THE BEST BENEFITS IN THE 21ST CENTURY Lt Colonel Sharif Md Abul Hussain Dir Planning and Development, Bangladesh University of Professionals, E-mail: hussain2682@gmail.com ABSTRACT The study investigates specific information regarding the challenges of globalization faced by Bangladesh and how it should prepare itself to coup with the challenges. The result suggest that Bangladesh is not in comfort in coping with the winds of globalization, as it has less access to and use of different opportunities living at the margin in the hierarchies of global order with low technological base, poor infrastructures and governance in most arenas. The study also suggest that Bangladesh needs to be engaged with all its development partners in a healthy and constructive process of interaction on stabilization, reform programme and other critical issues like national capacity building, competitiveness, political stability, cross border terrorism, arms and drug trafficking, climate change and environmental degradation. The policy implication is that various economic policy orientation and utilization of resources should be as such that they can supplement economic growth in a sustainable manner and create avenues for employment. KEY WORDS: Benefit, Environment, Globalization, Governance, Infrastructure, Poverty, Population, Policy, Political stability, Resource 1.0 INTRODUCTION Globalization is a process of expanding trade...
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...1 How has the global economic down turn, Discussing in opening profile and throughout this chapter, impacted jobs outsourcing in the BPO industry? Ans: The global economic downturn has impacted jobs outsourcing in the BPO industry as it has helped to be one of the largest job creators in India. Due to this, many companies had to increase their operations output and therefore employ more and more people to keep up with the expanding trend. Job outsourcing seemed to be the only viable option as global economic downturn had created many problems when it came to funding and financial institutions. There needed to be cut backs in order to keep things afloat and most companies would see that job outsourcing would solve at least one of the many problems involved in the economic downturn. The global economic downturn provided merges and many acquisitions for the BPO industry and helped to create certain flexibilities for some companies which helped with resource management. The main reason why the economic downturn has impacted on job outsourcing in a major way is because it is cost effective and helps companies concentrate on core areas. It also contributes to improvement in productivity. Referringto chapter, The International Institute for labor has discussed in the opening profile “The reason behind the global economic downturn is the financial crisis which is hitting the world of work”. The credit crunch and collapse of stock markets are starting to effect firm’s...
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... ❖ Health and education ……………………………………………… 5 ❖ Political instability …………………………………………………… 5 ❖ Economic concerns…………………………………………............6 WEALTH DISTRIBUTION IN PAKISTAN ❖ Storage of basic needs ……………………………………………… 6 Effects of Poverty ……………………………………………………………… 6 ❖ Health ……………………………………………………………………… 6 ❖ Education …………………………………………………………………… 6 ❖ Violence …………………………………………………………………… 7 Measures to reduce poverty ……………………………………………… 7 ❖ Aid ……………………………………………………………………………… 7 ❖ Good institution ……………………………………………………….. 8 INTRODUCTION Poverty is the condition in which a person or community is deprived of or lacks the essentials for a minimum standard of well-being and life. Around the world, in rich or poor nations, poverty has always been present. Today most nations are facing “Inequality”—the gap between the rich and the poor—. Poverty in Pakistan is a growing concern. Although the middle-class has grown in Pakistan to 35 million, nearly one-quarter of the population is classified as “Poor”. BACKGROUND Economically, Pakistan was a very poor and predominantly agricultural country at the time of its independence in 1947 from British South Asia. During its first four decades, Pakistan's economic growth rate was better than the global average. Historically, Pakistan's overall economic output (GDP) has grown every year since a 1951 recession. Despite this record of sustained growth, Pakistan's economy...
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...Global Warming General Chemistry I Bret Lynn For millions of years the changes in Earth’s climate have been driven by forces of nature. Although, for the last century and a half, Earth’s average temperature has been rising faster than any time in the past 10 thousand years. “We’re on a track to 700 parts-per-million of carbon dioxide on the planet, we haven’t seen that for 50 million years”(1). The signs are everywhere: droughts in the American southwest, rising seas in Louisiana, tropical diseases spreading north, and extremes of weather from Florida to France. There are people that still say “global warming need not concern us” and “if it is happening at all, it is a natural trend there is not much we can do about it.” However, there is now hard evidence, which shows that the warming is not only real, it’s accelerating. The warming is altering the climate’s most basic chacteristics like rainfall, days of sunshine, and nighttime temperatures. These changes are damaging the environment and agricultural production, threatening wild species into extinction, and putting at risk human lifestyle, health, and cities near the sea. It starts with the warming. In the Artic, reports of heat waves and droughts seem far away. Over the last 100 years, the world has seen a 1 degree Fahrenheit rise in its average temperature (2). However, in Alaska and Canada, winter temperatures have increased by as much as 5-7 degrees Fahrenheit in the past 50 years (2). Global warming is...
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