...Pygmalion originates from the Greek mythology of a king of Cyprus. The king falls in love with an ivory sculpture of his own creation. Captivated by the beauty of his sculpture, he pleads to the Greek gods to give him a wife as much like the sculpture as possible. The gods bring the sculpted woman to life. In the theatrical version of Pygmalion, scriptwriter George Bernard attempts to prove the concept that “the way one person treats another can, for better or worse, be transforming” (Livingston, 5). In the article “Pygmalion in Management” author J. Sterling Livingston uses Barnard’s fairy tale and the Pygmalion effect, as a metaphor for his power of expectation arguments Livingston engages in various aspects of the Pygmalion effect in management by researching several different experiments related directly to the effect. The first experiment Livingston discusses is an experiment that took place by the Metropolitan Life Insurance Company. The manager of this company assigned his best six insurance agents to his best assistant manager, assigned six average agents to an average manager, and six below-average agents to a below-average assistant manager. He requested that the best agents and manager produce two-thirds of the premium volume reached by the agency during the previous year. As the manager predicted, the members of the superior group fulfilled their expectations and as expected, the below-average group’s productivity declined. The average group however produced...
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...Yes Globalisation is necessary, for an economy to grow. Globalisation refers to the integration of economic, technological, socio-political factors with the world. And with globalisation, with the mutual co-operation and assistance -particularly with reference to the law of comparative advantage- it is going to be beneficial. Globalisation also helps reducing the poverty level in the country-there are plenty of evidences and record to support it.Developing countries specially require globalization. Because Indians are very rich in resources of skilled manpower.So Other countries are interested to invest in India.We don’t have that much funds/money to make very huge industries or developments.There is no shame to invite other countries for investing.lot of advantages are there..employment,infrastructure development,tourism , foreign exchange and etc..Even America would be nowhere if globalisation was an imaginary concept never put forward. Half the world’s countries would be reeling in depression right now if not for globalisation. For example, petroleum, most countries are on the verge of depleting their entire reserves and some countries don’t have it at all. Seeing this if not for globalisation the entire world would be left crippled due to the massive energy crisis facing them. while globalisation is necessary it is not sufficient to ensure communities gain from globalisation. To keep and spread the gains,government must not only reduce barriers to trade and investment, they...
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...Name: Institution: Course: Tutor: Date of submission: Trade Policy and Developing countries A number of developing countries have enabled the facilitation of their economies to develop recent centres of development internationally. International trade has enabled them to make an effective way to generate funds as a result of making trade. However, there has been uneven development and especially the poorest countries have managed a lesser share in the world economy. Many of these poor countries have been unable to make appropriate use of the markets that are opening around them or even try to balance losing tax revenue by developing ways of taxation, since the financial stability and internal structures of these countries are lacking in some ways. The upholding of barriers to trade and other protective measures continues by the need to keep the existing home control structures (Krueger, 45). The large numbers of developing countries highly dependent on agriculture have slow productivity rate and the trade barriers remaining are more than those for industrial goods. Industrial production has witnessed more investment by the emerging economies; this has facilitated the development and it has seen exports grow twice as much as agricultural exports, which comprise 80 percent of the total volume of exports of developing countries. It is necessary for developing countries to take free trade services and labour mobility (Colin, 42). Developing countries should develop their...
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...Position: Internet has no globalisation effect Argument 1 • The difference between well developed and less developed countries • Developed countries offer the most information and develop the internet, where is a gap to developing countries gets wider • Developed countries need to invest to be on a competitive basis to attend the internet revolution and therefore an cultural and economic change • Internet use is restricted to urban elites https://www.imf.org/external/pubs/ft/fandd/2008/06/images/picture3.gif https://www.imf.org/external/pubs/ft/fandd/2008/06/images/picture3.gif Argument 2 • The internet is just virtual and not corresponding to real world counterparts (cf. Hafez 2007) • The internet has failed to “…fundamentally open and democratized media systems across the world”. (Hafez 2007) https://c479107.ssl.cf2.rackcdn.com/files/13117/area14mp/9jmd4bq8-1342613644.jpg Argument 3 • No authenticy for knowledge on the internet http://25.media.tumblr.com/tumblr_mbibrtTCvz1qlpjkuo1_500.jpg http://andreasjungherr.net/wpcontent/uploads/2010/12/Abbildung-1-Anteile-derBundestagsparteien-und-der-Piratenpartei-an-denStimmen-und-Twitternennungen.png http://stats.wikimedia.org/GeoTaggedArticles.jpg Argument 4 • English as universal language is decreasing, web content gets increasingly multilingual http://1.bp.blogspot.com/-Er5gCBHESRE/UZPwCVuCvEI/AAAAAAAAI4k/0pCuA60RDYE/s1600/tumblr_mmqvy6CVA91s6bw99o1_1280.png http://i.livescience.c...
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...What I Think of Globalization Have you ever imagine the time when the world was divided into parts and every part was closed? I believe the answer is no. Nowadays our life is more convenient as we can communicate with people outside our countries, go abroad easily and even buy things from most places around the world at home through Internet. If you think you are one of those people who have benefit from all these changes, then you should thank for the globalization. It brings us a lot of changes from different area and through this process people may learn and benefit from other countries. As more and more nations catch the step of globalization, this has become the main topic in the era and all kind of voices come upon it. Some people believe that globalization will not benefit the world because of different reasons. They think it hurts both the developed countries and the developing nations, especially on the economic field. I understand that everything has two sides and globalization may have it harmful points. However, I believe what globalization has bring to the whole community on economic area is mostly positive things as it helps the developing countries with their economy, makes people live under better situation and provide more working opportunities to developing nations. At the same time, it lowers the cost of developed countries and makes strong countries get more economic benefit from this process. Maybe some people insist their point that developed nations benefit...
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...The Way I see it Globalization allows us to walk down the street to purchase food we have never tried, learn different languages, meet people who share ideas we have never heard of, and do much more than what we are used to. Globalization is the connecting of countries, cultures, trade, communication, transportation, technology, and money. This process of becoming globalized concerns many worldwide, with many wondering how their life will change. It is the process in which different societies and cultures integrate to gain better understandings, and live a better quality of life. This progress affects the world economically, politically, culturally, and socially. It affects each country differently, some better than others. This term once meant that more people are moving across the globe, spreading ideas and goods across borders. In today’s world, some of the matters it deals with are free trade, world banks, sweatshops, and outsourcing. Many people see the positive effects of globalization. Societies that become richer with knowledge may be accepting of all types of people, making our world more peaceful. However, I see globalization as damaging to developing and developed countries in today’s world. Workers in developing countries are prone to harsh conditions and exploitation. Developed countries suffer from greedy CEO’s and unemployment due to outsourcing. Globalization damages developing countries because many young people work in sweatshops, which damages their health...
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...The New Population Bomb The Four Megatrends That Will Change the World Facts The UN Population Division projects that global population will nearly halt by 2050. By that time, the world’s population will have stabilized at 9.15B people. Global income will increase far more than population over the next four decades. Four historic shifts will fundamentally alter the world’s population over the next four decades: the relative demographic weight of the worlds developed countries will drop by nearly 25 percent, shifting economic power to the developing nations; the developed countries labor forces will substantially age and decline, constraining economic growth in the developed world and raising the demand for immigrant workers; most of the worlds expected population growth will increasingly be concentrated in today’s poorest and youngest countries; and for the first time in history, most of the worlds population will become urbanized. The West is experiencing a drastic decline in population growth, and its relative decline is even more dramatic if one also considers changes in income. The proportion of global GDP produced by Europe, the US and Canada fell from 68% in 1950 to 47% in 2003. This will decline even more steeply in the future, and in 2050, the global GDP produced by these countries will be <30%. This means that, the world’s GDP growth between 2003 and 2050 will occur outside Europe, the US and Canada. From now on, therefore, the main driver of global economic expansion...
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...Developing countries and developed countries differ greatly when it comes to the role that women play in the society, politics and economics. In fact, what seems to distinguish developing countries most from developed ones is the education level, responsibilities, quality of life, legal rights, economic status and occupation,(if any) of the women in that country. For example, in the developing country of India, women are very low on the totem pole of society, while in a more developed country such as Japan, women have a much more active role in society and are virtually equal to men. In the developing country of India, women are left to do the work of maintain the household by performing menial tasks of subsistence farming and raising children. They are often the most exploited and least privileged person in the house (Park). Being a woman in India is a dangerous thing for several reasons. Economically it is more taxing to have a girl than it is to have a boy because if you have a girl then you have to pay a dowry to the man’s family who she is to be married to. In India all ways of telling the sex of a baby have been banned from use because many families will perform an abortion on the baby if it turns out that it is a girl. Also, if the mother can’t produce a boy, she is in great jeopardy of being killed. This is called a Dowry Death, and a 1997 report claimed that there are at least five thousand “Dowry Deaths” a year. This type of thinking is embedded in...
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...The Tragedy of Globalization Globalization has been around for over a thousand years and is not a new development of western nations. Globalization is simply the transferring of ideas from one society to another. Amartya Sen the author of “How to Judge Globalism”, and Sen believes that the whole world benefits from global cooperation, and there is uneven distribution of benefits. He believes another downside of globalization is the belief that globalization is a modern westernized concept. Globalization is not the sole cause of the inequality of wealth between developed and non-developed nations, but it is obvious that this new global marketplace has produced unequal benefits between developed and non-developed nations. Globalization needs regulations and reforms to be put into place in order to level the playing field of benefits. Globalization benefits all nations that are involved in the global trade of goods, foreign investment, and ideas. Although, with the current global market there is room for firms to take advantage of developing nations by outsourcing jobs from developed to developing countries in order to pay workers lower wages. Many of these less developed countries benefit from foreign investment by developed nations, but According to Sen (2002) the distribution of these benefits are not equal between rich and poor. Since there are no laws pertaining to globalization or a governing body, it is a free for all in the global market. There are...
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...EFFECTS OF GLOBALIZATION NEGATIVE Globalization has various aspects which affect the world in different ways such as: It gives access to products which are not readily available, to various countries, for example coffee from Kenya to the UK and Netherlands, thus giving developing countries an opportunity to produce and sell goods that in return are able to make a better living. This is, however, debatable. Wealthier countries which purchase these goods make production and trade rules that developing countries must follow. This reduces fair chances in the world market place, meaning developing and some developed countries are losing out and not making as much profit as they probably could. Increased prosperity has gone hand in hand with mass poverty. Already obscene inequalities between rich and poor are widening. (Watkins, 2002) Developed countries outsource many manufacturing jobs that were previously done by their citizens to developing countries like India and China, because labor is significantly cheaper. Outsourcing refers to obtaining goods by contract from outside sources. This is a lose-lose situation, as the people in these developed countries lose out on jobs, while those in developing countries are ridiculously underpaid for their labor, giving rise to the issue of human rights. Working conditions in these working areas are poor, salaries for the workers barely covering their cost of living. Despite outsourcing of industries providing jobs to people in third world...
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...Globalization has witnessed the world change from being compromised of several segregated communities to one whereby people from all over the world becomes very much connected. Increased trade between various regions has enhanced the economy whereas social and cultural exchange has also improved through advancements in technology and communication methods. Globalization has been observed as one of the driving forces for development throughout the world. Although it is undeniable that the benefits outweigh the drawbacks of this phenomenon, the rewards enjoyed by the developed world are largely at the expense of developing nations. The economic benefits of globalization have empowered developing countries to solve many ongoing concerns like unemployment and fall in Gross Domestic Product (GDP) growth. This has been made possible by the fact that globalization is drawing more multinational companies (MNCs) from developed countries who wants to tap into the potential offered by the less developed nations. Economists Jeffrey Sachs and Andrew Warner asserted that this economic integration has been prominent especially in the past 10 years (Ghemawat, 2007) However, this does not necessarily lead to equal distribution of wealth among populations around the world. That is to say that the benefits of globalization are not inclusive and have created a drift between the developed and developing countries. According to The Globalization Index (2007), at the Group of Eight Summit in 2005...
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...THE MARONITE CHURCH: UNITED AND UNIVERSAL An apostolate for this age - a strategic vision "Lebanon could be one of the world’s strongest countries if it better utilized the potential of its Diaspora." His Beatitude Nasrallah Butros Cardinal Sfeir(11/28/01) Introduction The Lebanese outside of Lebanon vastly outnumber those in Lebanon. This is especially true of the Christians, and the Maronites in particular. Those Maronites are numerous and influential on an individual basis. Most, however, shun involvement with organized groups dealing with socio-political issues concerning Lebanon and the Christians due to the fractured approach and the myriad of elements supposedly acting on behalf of the Maronites in Lebanon. These Maronites of the Diaspora have an opportunity to influence the outcome of deliberations concerning socio-political issues in Lebanon and the Middle East if they unify under, and maximize the resources of, the Maronite Church under the strong leadership of the Patriarch. Background Throughout history the Maronite Patriarchy has played both a religious and political role in Lebanon and the Middle East. The Patriarch has been a diplomatic force for the building of consensus among divergent religious and political elements. It commands the allegiance and obedience of all of the bishops in Lebanon and the trust of the faithful. As time passed, there has been a geographical shift in the location of the Maronites. Many of them...
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...Globalization is the "integration of worldwide operations and development of standard product and marketing"[1]. In today's society, globalization is without a doubt drastically changing and unifying everyone together. However, each individual, family, nation, and the world has their own input as to whether globalization is positive or negative. Individual and family The strongest benefit for globalization is allowing access to products that weren't attainable by middle class individuals and families in a developed country. This is due to companies outsourcing their manufacturing operations to other developing countries, such as China. As a result of outsourcing, manufacturing operations in those countries for products such as clothing, they are sold at a affordable price in developed countries like North America. If these goods were made in a developed country, it would be not be affordable for families and would not be purchased; as a result, the economy would not be stimulated. Therefore, companies would focus on outsourcing their production to a developing country due to lower wages in order to create pieces that are affordable for those in the developed world. The disadvantage of globalization for individuals is jobs being lost in developed countries to those in developing countries. Most manufacturing companies are outsourcing production to developing countries because it can significantly reduce labour costs. A company's main objective is to maximize profits...
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...D. an important stimulus for economic growth in those countries. The sustained flow of foreign investment into developing nations is an important stimulus for economic growth in those countries, which bodes well for the future of countries such as China, Mexico, and Brazil. AACSB: Analytic Bloom's: Remember Difficulty: Medium Learning Objective: 01-03 Topic: The Changing Demographics of the Global Economy 107. (p. 21) For which of the following countries did the share of the total stock decline between 1980 and 2008? A. Japan B. The United States C. France D. China The share of the total stock accounted for by U.S. firms declined from about 38 percent in 1980 to 19.5 percent in 2008, while the other countries posted increases. AACSB: Analytic Bloom's: Remember Difficulty: Easy Learning Objective: 01-03 Topic: The Changing Demographics of the Global Economy 108. (p. 22) General Electric has productive activities in a number of countries. As a result, it would be appropriate to refer to General Electric as a _____ corporation. A. regional B. pan-American C. universal D. multinational A multinational enterprise (MNE) is any business that has productive activities in two or more countries. AACSB: Analytic Bloom's: Remember Difficulty: Easy Learning Objective: 01-03 Topic: The Changing Demographics of the Global Economy 109. (p. 22) Since the 1960s, there have been two notable trends in the demographics of the multinational...
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...To what extent has globalization improved the lives of children and youth? To say that globalization has affected the lives of children and youth around the world would be an understatement. But with the growth over the years from globalization, many pros and cons have come out of it. The forthcoming of globalization has done wonders to developed countries, but not so much for underdeveloped countries. This is why I stand on a thin line between if it has improved the lives plenty, or not quite enough. Globalization has increased economic competition. With this producers try to provide goods and services of value at the lowest possible prices. To achieve such a goal, manufacturer’s hire youth and children. They force the youth and children to work in horrible conditions that are unsafe and threatening to their health. They take advantage of the children due to the fact that they talk themselves up, and the children and afraid to speak up for their rights. Most of these kids that are being used as cheap labor, will never have a chance to go to school to further their education and to be able to get higher paying and safer jobs. In accordance with the UN’s Convention on the Rights of the Child, it recognizes that “the child [a person under 18 years of age], for the full and harmonious development of his or her personality, should grow up in a family environment, in an atmosphere of happiness, love and understanding, …and in particular in the spirit of peace, dignity, tolerance...
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