...Globalisation does not really have an exact origin. It has been here since the beginning of human existence. From the moment people began migrating and exploring the world, they traded and exchanged ideas and techniques, ultimately giving birth to the idea of globalisation. However Theodore Levitt in 1983 introduced the term globalisation to the world. Globalisation in the past couple of years has been a prevalent topic. Look in any newspaper, magazine or television show, and in some way you will see globalisation occurring. Globalisations definition can be liquidated as the rapid exchange of a country’s goods, services, and culture using trade, transportation, and or communication with another country and or multiple countries. (Economic News Articles, 2011) Everything has its advantages and disadvantages. Globalisation is no exception. Examining economy, technology, and culture this essay will assess the advantages and disadvantages of globalisation, and how it possibly is affecting the United Kingdom. The economy today has been greatly affected by globalisation. The world is constantly evolving. Globalisation from an economic perspective is something that needs to be examined carefully. A disadvantage of globalisation on the economy is that as companies expand they are forgetting about the less fortunate countries. The prosperity that countries acquire from globalisation is not evenly distributed among other countries. (The Business Environment, 2009) Some advantages globalisation...
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...in the past few decades using their aggressive expansion strategies to push out much of its competition. * Starbucks has focused on creating a dense network of stores all around America, while also opening up new locations all around the world. * They are currently leading the retail coffee market with selling their coffee for a premium price to increase their profitability. Юля 3-6 слайд * Starbucks grew from 17 coffee shops in Seattle 15 years ago to over 20,891 outlets in 62 countries. * The company planned to open a net of 900 new stores outside of the United States in 2009. * Since 1987, Starbucks has opened on average two new stores every day. Some challenges facing the company * Starbucks faces antiglobalization movement. * During the World Trade Organization talks in November 1999, Starbucks was among the aims of protesters , a symbol, to them, of free-market capitalism. Іра 7-9 * Dropping Sales from ($10.4 billion) in 2008 to ($9.8 billion) in 2009, and dropping in profits from $673 billion in 2007 to $582 billion and $494 billion in 2008, 2009 respectively. * The firm closed 475 stores in the U.S. in 2009 to reduce costs. * Saturated market with over 10,000 stores scattered across the United States and Canada. (there are still eight states in the...
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...7 Corporations in the Modern Era The Commercial Transformation of Material Life and Culture I hope we shall . . . crush in [its] birth the aristocracy of our monied corporations which dare already to challenge our government to a trial of strength and bid defiance to the laws of our country. —Thomas Jefferson (letter to Tom Logan, 1816) J 1 ustice John Paul Stevens of the U.S. Supreme Court cited the third president of the United States in his strong dissent to the majority’s 2010 decision allowing corporations unlimited spending on behalf of political candidates.1 Quoting the court’s earlier McConnell decision, Stevens wrote, “We have repeatedly sustained legislation aimed at ‘the corrosive and distorting effects of immense aggregations of wealth that are accumulated with Jefferson’s animus may seem curious in light of the history of British corporations that financed the settling of the first North American colonies and, as discussed in this chapter, are often credited with providing the model for representative government adopted by the framers of the U.S. Constitution (Tuitt 2006). 280 Corporations in the Modern Era——281 the help of the corporate form.’” The court’s decision, Justice Stevens continued, “will undoubtedly cripple the ability of ordinary citizens, Congress and the States to adopt even limited measures to protect against corporate domination of the electoral process.” The essence of Justice Steven’s dissent in the Citizens United v. Federal...
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...tInternational Business Daniels 14th Edition Test Bank Click here to download the test bank INSTANTLY!!! http://testbanksolutionsmanualzone.blogspot.com/2013/02/internat ional-business-daniels-14th_11.html Name: International Business Author: Daniels Radebaugh Sullivan Edition: 14th ISBN-10: 0132668661 Type: Test Bank - The test bank is what most professors use an a reference when making exams for their students, which means there’s a very high chance that you will see a very similar, if not exact the exact, question in the test! This is a sample chapter International Business: Environments and Operations, 14e (Daniels et al.) Chapter 1 Globalization and International Business 1) The broadening set of interdependent relationships among people from different parts of the world is known as ________. A) globalization B) offshoring C) franchising D) outsourcing Answer: A Diff: 1 Learning Outcome: Define the fundamental concepts of international business Skill: Concept Objective: 1 AACSB: Dynamics of the global economy 2) Which of the following best defines international business? A) It includes all public economic flows between two or more countries. B) It includes all private economic flows between two or more countries. C) It includes all business transactions involving two or more countries. D) It includes all business transactions in countries other than your home country. Answer: C Diff: 2 Learning Outcome: Define the fundamental concepts of international business Skill:...
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...international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world. : all those processes by which the peoples of the world are incorporated into a single world society. : Globalization can thus be defined as the intensification of worldwide social relations which link distant localities in such a way that local happenings are shaped by events occurring many miles away and vice versa. For eg. Recession US eg The International Monetary Fund (IMF) identified four basic aspects of globalization: trade and transactions, capital and investment movements, migration and movement of people and the dissemination of knowledge. Further, environmental challenges such as climate change, cross-boundary water, air pollution, and over-fishing of the ocean are linked with globalization. Globalizing processes affect and are affected by business and work organization, economics, socio-cultural resources, and the natural environment. Globalization is deeply controversial, however. Proponents of globalization argue that it allows poor countries and their citizens to develop economically and raise their standards of living, while opponents of globalization claim that the creation of an unfettered international free market has benefited multinational corporations in the Western world at the expense of local enterprises...
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...1 GLOBALIZATION 2 PART 1 Globalization PART ONE Planet Starbucks T hirty years ago Starbucks was a single store in Seattle’s Pike Place Market selling premium roasted coffee. Today it is a global roaster and retailer of coffee with more than 7,600 retail stores, some 2,000 of which are to be found in 34 countries outside the United States. Starbucks Corporation set out on its current course in the 1980s when the company’s director of marketing, Howard Schultz, came back from a trip to Italy enchanted with the Italian coffeehouse experience. Schultz, who later became CEO, persuaded the company’s owners to experiment with the coffeehouse format—and the Starbucks experience was born. The basic strategy was to sell the company’s own premium roasted coffee, along with freshly brewed espresso-style coffee beverages, a variety of pastries, coffee accessories, teas, and other products, in a tastefully designed coffeehouse setting. The company also stressed providing superior customer service. Reasoning that motivated employees provide the best customer service, Starbucks executives devoted much attention to employee hiring and training programs and progressive compensation policies that gave even part-time employees stock option grants and medical benefits. The formula met with spectacular success in the United States, where Starbucks went from obscurity to one of the best known brands in the country in a decade. In 1995, with almost 700 stores across the United States...
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...Business Competitiveness Management Competition on the market The main and the most important process on the market Competition is a combat between individuals, groups, nations, animals, etc. for territory or allocation of resources. It arises whenever two or more parties strive for a goal which cannot be shared. Competition occures among naturally living organisms which co-exist in the same environment. Business is associated with competition as most companies are in competition with at least one other firm over the same group of customers. The Latin root for the verb „to compete” is „competere”, which means „to seek together” or „to strive together” Competition is a process in which companies try to realise their aims, and try to offer better product or service using price, quality and other tools, which influence customers decisions whether to buy something or not. The success of one group is dependent on the failure of the other competing groups. The object of competition can be a product (or service) or resource. In the first case the companies compete beetwen one another about customer, whereas in the second case about resource and conditions of buying it. At the same time companies compete for customers and resources because in order to buy resources they should sell products and to generate the product they should buy resources. Very impotortant is who competes (subject). That is why competition can occur among: - Blocks of nations (unions)...
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...A Closer Look at Business Education June 2007 ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ : Bottom of the Pyramid INTRODUCTION: Global poverty exists today at a startling scale; while the exact numbers are debated, some estimate that four billion people worldwide live on less than two dollars a day.1 According to C.K. Prahalad and Stuart Hart, both Aspen Institute Faculty Pioneer Award recipients, companies should not ignore these traditionally overlooked people, collectively dubbed the “Bottom of the Pyramid,” because of their considerable combined purchasing power.2 Thus, if companies are innovative enough to create or tailor their products to the economic realities and life needs of these people, a significant profit can be won. At the same time, this group’s entry into the market would hopefully better their quality of life and aid in regional economic development. Three well-publicized examples will help illustrate the base-of-the-pyramid concept. First, Grameen Bank was started by Nobel Prize laureate Muhammed Yunus in Bangladesh to offer mini-loans to entrepreneurs who wouldn’t qualify for traditional bank loans based on collateral.3 As of May 2007, over seven million people have...
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...radical change b. social continuation d. evolution ANS: A PTS: 1 DIF: Easy REF: Page 468 OBJ: How Globalization Affects Social Change (I) NOT: Factual 3. Which of the following factors has NOT consistently influenced social change over time? a. the physical environment c. cultural factors b. political organization d. the invention of the automobile ANS: D PTS: 1 DIF: Easy REF: Page 468 OBJ: How Globalization Affects Social Change (I) NOT: Factual 4. Who among the following would most likely lament the movement toward globalization? a. the president of a transnational corporation b. a computer engineer c. the head of a small-town historical society d. a university dean ANS: C PTS: 1 DIF: Easy REF: Page 468 OBJ: How Globalization Affects Social Change (I) NOT: Applied 5. A collective attempt to further a common interest or to secure a common goal through action outside the sphere of established institutions is a: a. social movement c. riot b. collective behavior d. revolution ANS: A PTS: 1 DIF: Easy REF: Page 478 OBJ: How Globalization Affects Social Change (I) NOT: Factual 6. What was the most significant political factor in speeding up patterns of change in the modern world? a. the invention of the ballot box b. the emergence of the modern state c. the commitment to less government involvement in...
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...Own the Goals What the Millennium Development Goals Have Accomplished By John W. McArthur For more than a decade, the Millennium Development Goals -- a set of time-bound targets agreed on by heads of state in 2000 -- have unified, galvanized, and expanded efforts to help the world's poorest people. The overarching vision of cutting the amount of extreme poverty worldwide in half by 2015, anchored in a series of specific goals, has drawn attention and resources to otherwise forgotten issues. The MDGs have mobilized government and business leaders to donate tens of billions of dollars to life-saving tools, such as antiretroviral drugs and modern mosquito nets. The goals have promoted cooperation among public, private, and nongovernmental organizations (NGOs), providing a common language and bringing together disparate actors. In his 2008 address to the UN General Assembly, the philanthropist Bill Gates called the goals "the best idea for focusing the world on fighting global poverty that I have ever seen." The goals will expire on December 31, 2015, and the debate over what should come next is now in full swing. This year, a high-level UN panel, co-chaired by British Prime Minister David Cameron, Liberian President Ellen Johnson Sirleaf, and Indonesian President Susilo Bambang Yudhoyono, will put forward its recommendations for a new agenda. The United States and other members of the UN General Assembly will then consider these recommendations, with growing powers, such as Brazil...
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...to expand. Company Growth * Starbucks grew from 17 coffee shops in Seattle 15 yearsago to over 20,891 outlets in 62 countries. * including 13,279 in the United States, 1,324 in Canada, 989in Japan, 851 in China, 806 in the United Kingdom, 556 inSouth Korea, 377 in Mexico, 291 in Taiwan, 206 in thePhilippines, 171 in Thailand and 10 in India. * The company planned to open a net of 900 new storesoutside of the United States in 2009. * Since 1987, Starbucks has opened on average two newstores every day. * The first store outside the United States or Canada openedin the mid-1990s, and overseas stores now constitutealmost one third of Starbucks stores. Some Challenges Facing The Company * Starbucks faces antiglobalization movement.-During the World Trade Organization talks in November1999, Starbucks was among the aims of protesters , asymbol, to them, of free-market capitalism. * Dropping Sales from ($10.4...
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...be a top priority. But global business ethics will demand cutting-edge thinking and practice as companies strive to expand their products, services, sales, and operations throughout the world. Regardless of what is happening in individual countries, whether at home or abroad, the primary venue for ethical debates in the future will more and more be the world stage. The primary venue for ethical debates in the future will more and more be the world stage. Globalization characterizes the international setting of business transactions in which U. S. and world multinational corporations (MNCs) will increasingly participate over the next several decades. Despite setbacks such as the attacks upon the World Trade Center in 2001 and the antiglobalization backlash that continues to be seen at major international meetings of the World Trade Organization, International Monetary Fund, and global summits such as the G8 summits, the global economy is irresistible to MNCs, and little will impede the trend toward global capitalism. The explosive growth of MNCs has set the stage for global business ethics to be one of the...
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...Table of Contents Introduction ………………………………………………………………… Background on Sexuality in India General Concepts on Sexuality and Love …………………………………… Interpersonal Heterosexual Behaviors o Adults ▪ Premarital Courtship, Dating, and Relationships……..…………. ▪ Marriage……………………………………………………. ▪ Family Size…………………………………………………. o Children ……………………………………………………….…. o Adolescents ………………………………………………………. Homosexuality ……………………………………………………………….. Significant Unconventional Sexual Behaviors o Coercive Sex ▪ Sexual Abuse……………………………………………….. ▪ Sexual Harassment………………………………..…………. ▪ Rape………………………………………………………... ▪ Dowry Deaths…………………………………….…………. o Prostitution………………………………………………...………. o Porn……………………………………………………………….. STDs, HIV/AIDS …………………………………………………………….. Contraception, Abortion, and Population Planning ………………………. References ……………………………………………………………………. Appendix ……………………………………………………………………... The Effects of Globalization on Sexuality in India Abstract: Globalization has an impact on all aspects of life, including the construction, regulation and imagination of sexuality and gender. This paper aims to suggest some of the ways in which this impact is occurring, primarily in India, with some emphasis on questions of HIV, sexual identity, and human and sexual rights. In issues of sexuality...
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...-2- BRI-1004 the brutal suppression of demonstrators in China in June 1989. The same search on Google.cn provided a much smaller list and included pictures of a smiling couple in the square.2 The decision to develop Google.cn was complicated. In the words of Elliot Schrage, Google’s vice president of Global Communications and Public Affairs: [Google, Inc., faced a choice to] compromise our mission by failing to serve our users in China or compromise our mission by entering China and complying with Chinese laws that require us to censor search results.… Based on what we know today and what we see in China, we believe our decision to launch the Google.cn service in addition to our Google.com service is a reasonable one, better for Chinese users and better for Google.… Self-censorship, like that which we are now required to perform in China, is something that conflicts deeply with our core principles.… This was not something we did enthusiastically or something that we’re proud of at all.3 MacLean knew that he was perfectly prepared for his current position as director of International Business. After earning a computer-science degree, MacLean had traveled extensively, implementing information systems with an IT consulting firm. He was well-versed in the technical and cultural components of this current project. It was his first job after earning an MBA. He had worked very hard as a summer intern to get his foot in the door at Google, Inc., and landed a job offer in his second...
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...Chapter Two The Production Possibility Model, Trade, and Globalization Learning Objectives After you teach the material in this chapter, your students should be able to do the following: 1. Demonstrate opportunity cost with a production possibility curve. 2. State the principle of increasing marginal opportunity cost. 3. Relate the concept of comparative advantage to the production possibility cure. 4. State how, through comparative advantage and trade, countries can consume beyond their production possibilities. 5. Explain how globalization and outsourcing are part of a global process guided by the law of one price. Chapter Outline This is meant to be an outline and summary of what your students read in this chapter in the text, both in terms of concepts and examples. Headings and subheadings are tagged with the number of the learning objective (LO) to which the material in that section most closely relates and the associated PowerPoint slide numbers, so you may also use this to help you outline your lecture. Material followed by a ( is new to the 8th edition. • The Production Possibility Model, Trade, and Globalization • The three main coordination problems are reviewed, and students are reminded about the concept of opportunity cost, which will be central in this chapter to understand production possibilities. • The Production Possibilities Model (LO1) [PPT Slides 3 & 4] • Production...
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