...life and human culture, this can be explained by the term globalisation. Therefore this essay attempts to look at the negative effects of globalisation on the development of less developing countries (LDC’s), this will be done while using an appropriate theory of development perspective (dependency theory), and at the end of the essay in which a conclusion shall be arrived at. Globalisation came into the picture in the nineties of the last century with the end of the cold war and the break-up of the former Soviet Union and the global trend towards the rolling ball this is according to ( ). Globalisation is the process of increasing the connectivity and interdependence of the world markets and businesses. It is the process of international integration arising from the interchange of world views, products, ideas and other aspects of culture. Globalisation on its own is virtually meaningless. Like its precursor, the word “development”, it needs an adjective to escape from a convenient conceptual fuzziness; the adjective used here will be “neo-liberal”. This means that globalisation is another name for late twentieth/twenty-first century capitalism. (www.abouteconomics.com) Stephen Gill (2008) defines globalisation as the reduction of transaction cost of Trans boarder movements of capital and goods thus of factors of production and goods. Tahir Hussain (2010) mentions in his book how Guy Brainbant says that the process of globalisation not only includes opening up of world...
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...can tear families apart so they will never speak to ach other again. Love can also be a political force. It can be an act of rebellion by individuals. It can also be a means to control individuals. This is what has occurred in George Orwell’s book 1984. George Orwell was born on June 25, 1903 as Eric Arthur Blair, in Bengal, India. His father, Richard Walmesley Blair, was an administrator in the Opium Department of the Indian government. (Mullen 3) Eric, his mother, Ida Mabel Limouzin Blair, and his older sister left India for England in 1908. (Flynn 9) In England the family lived as a “shabby-genteel family,” in his own words, at Henley on Thames. This was a happy time in his life and an inspiration for some of his writing, such as the essay, “Such, Such Were the Joys.”(Mullen 3) Also at this time Eric first showed signs of poor health. His mother recorded in her diary her concern for his bronchitis and a weak chest. (Flynn 11-12) In 1911 Eric went to St. Cyprian’s prepatory school. He was eight. (Flynn 19) Eric’s family kept him there at a great sacrifice to his family but at reduced fee because the headmaster hoped Eric would be able to win a scholarship. At the age of thirteen Eric went to Eton College after winning two scholarships. Eric was at Eton from 1917 to 1921. (Hopkinson 276) Eric praised Eton by complimenting its tolerant and civilized atmosphere but said that the school turned him into “an odious little snob.” After graduating thirteenth of fourteen in his class...
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...balThe global pharmaceutical industry THE GLOBAL PHARMACEUTICAL INDUSTRY INTRODUCTION According to Hunter s. Thomas "you can turn your back on person, but never turn your back on a drug, especially when it's waving a razor sharp hunting." The global pharmaceutical industry had done tremendous contribution to mankind, but now pharmaceutical companies are facing tough time in a decade. The case is broken in to different parts which is emphasized on how internal and external factors affecting the industry firstly, the main environmental forces currently affecting the industry through PEST analysis. Secondly, the implications of the changes in business environment that is internal factors through porter's five force theory. Finally, the use and limitations of the tools applied to solve case are discussed. ORIGIN AND EVOLUTION The present pharmaceutical industries are non-assembled and more of competitive but it had emerged in early 19th century in the Rhine valley near Basel Switzerland where dyestuffs were found to have antiseptic properties. Companies like Hoffman-la rochy, Sandoz, Novartis are all started as Rhine based family dyestuff and chemical companies, which are still doing tremendous business even to day. Slowly these chemical companies started making pharmaceuticals and synthetic chemicals and evolved as global players. In early 1940's the industry showed drastic changes such as introduction of penicillin and other drugs. In 1960's industry growing rapidly with...
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...Faculty of Business and Accountancy, Graduate School of Business CSGB 6314 INTERNATIONAL BUSINESS MANAGEMENT SEMESTER 2, 2015/2016 ESSAY – Individual Assignment “Globalization brings more benefit than harm and should therefore be encouraged”. Discuss the statement. Submitted to: Prof. Dr. Mohd Nazari Ismail Prepared by: TAN WAN TENG, CGA150015 Date: 5th April 2016 TAN WAN TENG (CGA150015) CSGB 6314 International Business Management Globalization is not a new thing. Long time ago, people have been selling to and buying from each other places at far distances, for example, the Silk Road across Central Asia which was connected China and Europe during the Middle Ages. The globalization has been developing since 1980 and today it is easier for people and firms to communicate with other countries in the world. Globalization is the development of worldwide economy in which resources and products move fairly across national borders. It is also a process of integration among people, companies, and governments of different countries, which is usually driven by international trade, investment and supported by information technology. Both developing and developed countries are taking part actively in globalization process but both countries reacted differently in globalization. This process has the positive and negative effects on employment, culture, education and knowledge, market competition, economic, wealth and human physical well-being around the...
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...MSU-IIT is adopting the modernized technology to help the learning more accurate and more updated which coincides the modernized world and the students adopt this kind of learning, and how fast the students cope up the education using technology. The term technology comes from Greek word “techne” which means the art or skill used in order to solve a problem, improve a pre-existing solution to a problem, a goal, handle an applied input/output relation or perform a specific function (Liddle, Scott, & McKenzie, 1940). In this present generation technology gadgets rapidly develop and it is part of individual’s lives especially to students (Naudé & Szirmai, 2013). The researchers can really differentiate the lifestyle of individual with or without the presence of technological gadgets. How it affects and changes the life of every students. Technology brings us to the world of excitements, crowdedness and etc (Simuforosa, 2013). In MSU-IIT, technology defined as a scaffolding for students for every tasks that can assist when they have activities and others that helps their academic performances. Technology is increasingly growing its importance in the education sector. The more technology advances, the more benefits it provides for students at every colleges in MSU-IIT. Students also get to know how to use the technology gadgets available in the world today through the technology and computer classes. Students also will not have any difficulties with using technology when...
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...Title of essay: Exploring Marketing with Delta Airlines as a Case Study Tedlow, Richard S. believes that the history of consumer product marketing in the United States can be divided into three phrases.1 The history of marketing will aid us in understanding the business world today and is thus useful in this essay to explore this in brief before embarking on studying Delta Airlines as a case study to approach the topic of marketing, in the context of the U.S Airline Industry. Phrase 1 is that of fragmentation and this is purely due to logistics reasons, rather than the result of any marketing strategy. This results in transportation of bulky goods from one region to another being relatively expensive and for a consumer product to achieve national distribution, a favorable ratio of weight and bulk to value is required. This phrase happened before the 1880s and the market size is restricted due to a lack of information, and it is characterized by a high margin and low volume. The second phrase of unification is the rise of mass marketing, with high volume and a low margin, which is the direct opposite of the first phrase of fragmentation. The development of this phrase is possible due to firstly, the development of the railroad and the telegraph and secondly, innovations in manufacturing technology. All the above innovations led to a more effective transportation and communication network that lowered the cost of mass marketing products by significant percentages. There is a rise...
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...Title of essay: Exploring Marketing with Delta Airlines as a Case Study Tedlow, Richard S. believes that the history of consumer product marketing in the United States can be divided into three phrases.1 The history of marketing will aid us in understanding the business world today and is thus useful in this essay to explore this in brief before embarking on studying Delta Airlines as a case study to approach the topic of marketing, in the context of the U.S Airline Industry. Phrase 1 is that of fragmentation and this is purely due to logistics reasons, rather than the result of any marketing strategy. This results in transportation of bulky goods from one region to another being relatively expensive and for a consumer product to achieve national distribution, a favorable ratio of weight and bulk to value is required. This phrase happened before the 1880s and the market size is restricted due to a lack of information, and it is characterized by a high margin and low volume. The second phrase of unification is the rise of mass marketing, with high volume and a low margin, which is the direct opposite of the first phrase of fragmentation. The development of this phrase is possible due to firstly, the development of the railroad and the telegraph and secondly, innovations in manufacturing technology. All the above innovations led to a more effective transportation and communication network that lowered the cost of mass marketing products by significant percentages. There is a rise...
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...GENERIC FRAMEWORK BUSINESS DEFINITION: E-learning can be viewed as an innovative approach for delivering a well designed, learner-centred, interactive, and facilitated learning environment to anyone, anywhere, anytime by utilising the attributes and resources of various digital technologies along with other forms of learning materials suited for an open, flexible, and distributed learning environment. E – Learning is defined as acquisition of knowledge and skill using electronic technologies such as computer and Internet-based courseware and local and wide area networks. Broad definition of the field of using technology to deliver learning and training programs. Typically used to describe media such as CD-ROM, Internet, Intranet, wireless and mobile learning. Some include Knowledge Management as a form of e-learning. The term was introduced in 1995 when it was all called "Internet based Training", then "Web-based Training" (to clarify that delivery could be on the Inter- or Intra-net), then "Online Learning" and finally e-learning, adopting the in vogue use of "e" during the dot com boom. Types of e- learning There are fundamentally two types of e-learning: synchronous training and asynchronous training. Synchronous, means "at the same time," involves interaction of participants with an instructor via the Web in real time. Asynchronous, which means "not at the same time," allows the participant to complete the WBT at his own pace, without live interaction with...
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...International Business, 14e (Daniels et al.) Chapter 6 International Trade and Factor-Mobility Theory 1) Which of the following is NOT a reason that international trade theory is useful for managers to understand? A) Countries use trade theories to help them decide how to improve their competitive positions, such as improving the quantity and quality of production factors. B) Countries' trade policies affect whether imports are allowed to compete against domestic production, thus affecting where companies need to produce to serve given markets. C) Countries use laissez-faire policies to intervene in the free movement of international trade, thus affecting where companies can produce most efficiently. D) Countries wrestle with the questions and set policies on what, with whom, and how much they should import and export, thus affecting companies' abilities to produce given products efficiently and sell them into given markets. Answer: C Diff: 3 Learning Outcome: Compare and contrast theories of international trade Skill: Concept Objective: 1 2) Why should managers in international business understand international trade theories? A) Countries' trade policies, based on trade theories, influence which products companies might export to given countries. B) The understanding helps managers decide whether their companies should follow laissez-faire management practices. C) The theories help managers decide whether to use large-scale versus small-scale technologies...
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...fluctuation of the activity within the economy over a period of time and consists of 4 main stages; Growth, slowdown, Recession and Recovery as shown below: Supply and demand and GDP (gross domestic product) 'Gross Domestic Product - GDP' the monetary value of all the finished goods and services produced within a country's borders in a specific time period, though GDP is usually calculated on an annual basis. Forces of demand and supply interact to create a market place. This is for many different reasons, for example: Factors that influence demand: * Affordability * Competition and available substitutes * Level of income - GDP * Needs and aspirations of consumers When demand increases businesses usually try to supply more. How easy this is depends on: * Availability of raw materials * Logistics * Ability to produce profitably * Competition for raw materials * Government...
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...of an expansion or major restructuring. You are welcome to assist in its construction by editing it as well. If this article or section has not been edited in several days, please remove this template. This article was last edited by Fowler&fowler (talk | contribs) 0 seconds ago. (Purge) V. S. Naipaul VS Naipaul BBC.jpg Born Vidiadhar Surajprasad Naipaul[nb 1] 17 August 1932 (age 81) Chaguanas, Trinidad and Tobago Occupation Novelist, travel writer, essayist Nationality Trinidadian, British Genres Novel, Essay Notable work(s) A House for Mr. Biswas In a Free State A Bend in the River The Enigma of Arrival Notable award(s) Booker Prize 1971 Nobel Prize in Literature 2001 Spouse(s) Patricia Ann Hale Naipaul (1955–96) Nadira Naipaul Vidiadhar Surajprasad Naipaul (/ˈnaɪpɔːl/ or /naɪˈpɔːl/; b. 17 August 1932), is a Trinidad-born Nobel Prize-winning British writer known for the comic early novels of Trinidad, the later, bleaker, novels of the wider world, and the vigilant chronicles of his life and travels, all written in widely admired prose.[1] Naipaul has published more than 30 books, both of fiction and nonfiction, in a career spanning more than 50 years. Naipaul married Patricia Ann Hale in 1955. She served as first reader, editor, and critic of his writings until her death in 1996. To her Naipaul dedicated his masterpiece, A House for Mr. Biswas. Contents 1 Background and early life: Trinidad 2 Education: Port of Spain and...
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...SAGE COURSE COMPANIONS K N O W L E D G E A N D S K I L L S for S U C C E S S Operations Management Andrew Greasley © Andrew Greasley 2008 First published 2008 Apart from any fair dealing for the purposes of research or private study, or criticism or review, as permitted under the Copyright, Designs and Patents Act, 1988, this publication may be reproduced, stored or transmitted in any form, or by any means, only with the prior permission in writing of the publishers, or in the case of reprographic reproduction, in accordance with the terms of licences issued by the Copyright Licensing Agency. Enquiries concerning reproduction outside those terms should be sent to the publishers. SAGE Publications Ltd 1 Oliver’s Yard 55 City Road London EC1Y 1SP SAGE Publications Inc. 2455 Teller Road Thousand Oaks, California 91320 SAGE Publications India Pvt Ltd B 1/I 1 Mohan Cooperative Industrial Area Mathura Road, New Delhi 110 044 India SAGE Publications Asia-Pacific Pte Ltd 33 Pekin Street #02-01 Far East Square Singapore 048763 Library of Congress Control Number: 2006939578 British Library Cataloguing in Publication data A catalogue record for this book is available from the British Library ISBN 978-1-4129-1882-4 ISBN 978-1-4129-1883-1 (pbk) Typeset by C&M Digitals (P) Ltd, Chennai, India Printed in Great Britain by The Cromwell Press, Trowbridge, Wiltshire Printed on paper from sustainable resources contents Part One Part Two 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 2.9 2.10...
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...The World Is Flat Flattener Information Technology Essay The World Is Flat is an international bestselling book by Thomas Friedman that analyzes globalization, primarily in the early 21st century. The title is a metaphor for viewing the world as a level playing field in terms of commerce, where all competitors have an equal opportunity. Globalization became more prominent during the last decades. Friedman argues that globalization made the world smaller and flatter, allowing all countries to take chance of the available opportunities equally. As Friedman describes in “The World is Flat” there are three eras of globalization and ten flatteners which made the world smaller, making it easier to communicate and share our knowledge. This paper deals with the flattener number 2 i.e.; “When the NetScape went Public” and associated developments after 2003 till date. Background Thomas Lauren Friedman is an American journalist, columnist and author and has won the Pulitzer Prize three times. In his famous book “The World is Flat” he identifies three eras of globalization. The first era, called "Globalization 1.0",between the years 1492, when Columbus set out to discover a new trade route to the New World, and 1800, made the world fall in size from large to medium. During this period, the strength of a country was based on the number of horsepower or the number of steam engines owned, compared with other countries. The second period - "Globalization 2.0", between the years 1800 and...
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...co1 Introduction: The Sixteen-Page Economic History of the World He may therefore be justly numbered among the benefactors of mankind, who contracts the great rules of life into short sentences, that may be easily impressed on the memory, and taught by frequent recollection to recur habitually to the mind. —Samuel Johnson, Rambler No. 175 (November 19, 1751) The basic outline of world economic history is surprisingly simple. Indeed it can be summarized in one diagram: figure 1.1. Before 1800 income per person—the food, clothing, heat, light, and housing available per head—varied across societies and epochs. But there was no upward trend. A simple but powerful mechanism explained in this book, the Malthusian Trap, ensured that short term gains in income through technological advances were inevitably lost through population growth. Thus the average person in the world of 1800 was no better off than the average person of 100,000 BC. Indeed in 1800 the bulk of the world population was poorer than their remote ancestors. The lucky denizens of wealthy societies such as eighteenth-century England or the Netherlands managed a material lifestyle equivalent to that of the Stone Age. But the vast swath of humanity in East and South Asia, particularly in China and Japan, eked out a living under conditions probably significantly poorer than those of cavemen. The quality of life also failed to improve on any other observable dimension. Life expectancy was no higher in 1800 than for hunter-gatherers:...
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...reassuring to know that many professionals undergo these same strange compulsions before they begin writing. Jean Kerr, author of Please Don’t Eat the Daisies, admits that she often finds herself in the kitchen reading soup-can labels—or anything—in order to prolong the moments before taking pen in hand. John C. Calhoun, vice president under Andrew Jackson, insisted he had to plow his fields before he could write, and Joseph Conrad, author of Lord Jim and other novels, is said to have cried on occasion from the sheer dread of sitting down to compose his stories. To spare you as much hand-wringing as possible, this chapter presents some practical suggestions on how to begin writing your short essay. Although all writers must find the methods that work best for them, you may find some of the following ideas helpful. But no matter how you actually begin putting words on paper, it is absolutely essential to maintain two basic ideas concerning your writing task. Before you write a single sentence, you should always remind yourself that 1. You have some valuable ideas to tell your reader, and 2. More than anything, you want to communicate those ideas to your reader. These reminders may seem obvious to you, but without a solid commitment to your own opinions as well as to your reader, your prose will be lifeless and boring. If you don’t care about your subject, you can’t very well expect anyone else to. Have confidence that your ideas are worthwhile and that your reader genuinely...
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