...Economics: Global Business Implications. Retrieved February 3, 2016,, from http://search.proquest.com.ezproxy.liberty.edu:2048/docview/232977843?pq-origsite=summon The purpose of this article was to discuss the concerns how globalization have allegations for education globalization an how accumulating cross-cultural interactivity have implications for education in general which may present valuable academic opportunities in the practice of teaching economics for business students. The author defines a method for using cultural diversity measures in teaching economic principles courses, experiments were performed to test the impact of a teaching approach that explicitly includes cultural diversity measurements in a classroom discussion and statically tested student learning outcomes using this type of approach. In order for students to obtain profitable skills they need to be able to physically apply basic economic models to an casual observation. Further research reveals students economics test are lower than any other subject, except science. Today students need to learn how to synthesize economics with other business tools in the global context. Other disciplines associated with the functional areas of business has avidly incorporating implications of globalization for teaching. Chang, S. J. (2010, February). When East and West Meet: An Essay on the Importance of Cultural Understanding in Global Business Practice and Education. Retrieved February 1, 2016, from This paper discussion...
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...Globalization and its Impact on Medical Education Abstract: The world is transforming from one of segmented and individual countries into one global universal. Due to globalization investors are now able to take advantage of resources in other countries to further advance their businesses and expand their client base. This also applies to medical schools across the world. These schools are now trying to appeal to the international student in addition to the country's local citizens. They are doing so by promoting cheaper education, providing grants for eligible foreign students, and accommodating foreign students' language and academic needs. They are also purchasing the curriculums and accreditations of western schools to make their schools more appealing. There is question, however, if these schools are well equipped to train the international physician. It is a concern to many that these schools cannot truly train a physician to practice anywhere in the world. Many believe that medical schools are aiming to increase revenue at the sacrifice for producing inadequately trained medical personnel that can operate in any area of the world after graduation. There are some that propose a universally acceptable medical school curriculum that all medical schools must abide to maintain accreditation to address this issue. Composing such a curriculum, however, is an extremely difficult to accomplish. Educational methods in different areas of the world differ based on the...
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...The objective of Thomas Friedman’s book The Lexus and the Olive Tree: Understanding Globalization is to understand globalization as a complex and interconnected international system where he embellishes the system with symbols and bold metaphors. In the opening scene of the text, he mentions the crash of Thai currency, the baht in 1997 which triggered a domino effect on the Southeast Asian market. The result of which was Southeast Asian recession. Recession in Southeast Asia caused rise in prices of commodities all over the world. Friedman’s description of the events in the opening scene is an example of this complex interconnected system called globalization. According to Friedman, globalization is a process that much of the world is going through now and is the sum total economic interests of everybody in the world. This complex system has broad dynamics that deal with finances, technology and intercommunication. The beginning of this era of globalization started with the fall of Berlin wall in 1989 indicating the end of cold war era. The Cold War system was a stationary system whereas globalization is a dynamic process. The world today is very fast paced and the velocity keeps on increasing rapidly. Unlike the Cold War system globalization has integrated the markets breaking out of cultural barriers and national borders. “I define globalization this way: it is the inexorable integration of markets, nation-states and technologies to a degree never witnessed before in a way...
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...Cahnmann, M., & Varghese, M. M. (2005). Critical advocacy and bilingual education in the United States. Linguistics and Education, 16(1), 59-73. doi:10.1016/j.linged.2005.10.002 This research paper presents the benefits of bilingual education from the socioeconomic perspective based on collecting data from two ethnographic studies of bilingual teachers and their students in the United States. The researchers present that bilingual schooling in which English language teaching is applied prepares learners to be able to keep abreast of economic globalization and international job markets in a global society. Furthermore, they present that bilingual learners are assumed as having a deep understanding of different cultural...
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...Global Social Policy http://gsp.sagepub.com/ 'Trade policy, not morals or health policy': The US Trade Representative, tobacco companies and market liberalization in Thailand Ross MacKenzie and Jeff Collin Global Social Policy 2012 12: 149 DOI: 10.1177/1468018112443686 The online version of this article can be found at: http://gsp.sagepub.com/content/12/2/149 Published by: http://www.sagepublications.com Additional services and information for Global Social Policy can be found at: Email Alerts: http://gsp.sagepub.com/cgi/alerts Subscriptions: http://gsp.sagepub.com/subscriptions Reprints: http://www.sagepub.com/journalsReprints.nav Permissions: http://www.sagepub.com/journalsPermissions.nav Citations: http://gsp.sagepub.com/content/12/2/149.refs.html >> Version of Record - Aug 16, 2012 What is This? Downloaded from gsp.sagepub.com at Taylor's University on November 5, 2012 Article gsp Global Social Policy 12(2) 149–172 © The Author(s) 2012 Reprints and permission: sagepub.co.uk/journalsPermissions.nav DOI: 10.1177/1468018112443686 gsp.sagepub.com ‘Trade policy, not morals or health policy’:The US Trade Representative, tobacco companies and market liberalization in Thailand Ross MacKenzie Jeff Collin Macquarie University, Australia University of Edinburgh, UK Abstract The enforced opening of Thailand’s cigarette market to imports in 1990 has become a cause celebre in debates about the social and health impacts of trade agreements. At the instigation...
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...Globalization MGT/448 Globalization The world today is moving toward an interdependent, integrated global economy, and away from a self-contained national economy. The term “globalization” alludes to the change toward a more combined and interdependent world economy. The trend toward a more combined and interdependent world economy is known as economic integration, economic interdependency, globalization, and internationalization (Hill, 2009). Institutions remain required to help assist, govern, and police global markets and promote the establishment of multinational treaties to assist in governing the global business system. Some of the institutions developed to help assist globalization are the General Agreement on Tariffs and Trade (GATT), the World Trade organization (WTO), the International Money Fund (IMF), the World Bank, and the United Nations (Hill, 2009). The globalization of world economies remains affected by three major factors, the reduction of trade barriers, the removal of restrictions to foreign direct investments, and the changes in technology available to assist in globalization. After World War II the removal of trade barriers allowed the free flow of goods, services, and capital between nations. The formation of GATT helped to lower trade barriers among member nations, which numbers 150 nations. The formation of the WTO is to police the world trading system and make sure that nation states hold true to the rules laid down in trade treaties...
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...family named Teng. Their field of activity includes a drygoods store from the very early beginning and later on the family business was accredited as official dealer of products of a Swedish motor manuacturer (Swedsa) in Taiwan who brought richness and success for the Tang family. In general the educational levels between the family members are completely different but everyone tries one’s best. After a business study one son proposed to reorganize the family business in order to progress the bad financial situation by giving fixed areas of responsibility to each member who did not bring the expected success. // The case talks about a family business in Taiwan having problems to adapt to changing conditions concerning business thinking, globalization and modern strategies. They aren’t competitive anymore. On the one hand they form a corporate business with a Swedish company on the other hand they miss to open up their strict traditional views so in the end they have to face that profits stagnate. 2. Problem statement The problem in this case is the difficult compatibility of business and family in one company. // Family vs. business ( Family is more important than the success of business The organigram of the company structure underlines this statement because all leading positions are equally divided among the family members. 3. Situational Analysis 3.1 Country Specific Cultural Issues In Taiwan it is a typical phenomenon that family and friendship counts more than...
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...and their relation, an analysis of the title “Eating Sugar” in comparison with the contents of the short story. Furthermore I have chosen to take the extract of the essay “A Small Place” and the picture “Tourists 2” into perspective. Finally I will discuss the globalization of the English language in the world today. In the short story we meet a family of three, Alex, the father, Eileen, the mother and their daughter Suzanne. Eileen works as a teacher in Thailand, where they live, and the moment she gets her Thai New Year holiday they decide to become tourists. They go on a trip with other holidaying Thais but when they decide to leave the paradise the small British family of three decide to stay so that they can have the small paradise to themselves. Alex and Eileen have been together most of their lives at least since the 1970s. Together they have tried LSD and they have also travelled to Yugoslavia hitchhiking - long-haired innocents as Alex himself calls it. Alex starts off in the short story being the calmest person of the two. Eileen is getting herself worked up over nothing - as if she had just eating another tablet of LSD. She is anxious and afraid of the never coming home. But then the Thai arrive and it may seem as though that calms her down. She is able to communicate with them. But Alex suddenly takes over the role of being afraid. He does not...
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...Globalization has always been a long disputed topic among critics. Until now, there is no concrete evidence that could deem whether globalization has an absolutely positive or negative impact on cultural diversity. It depends on individual perceptions. However, if I were to say, I believe that globalization does not post a threat to cultural diversity, but instead, help spread of indigenous culture, give people more freedom of choice, and furthermore generates greater cultural diversity within societies. With the avail of modern technology, there are more means of communication for people to freely express ideas, thoughts, and beliefs. In addition, globalization also lowers barriers between countries, making it possible to spread culture via websites and online community. Globalization raises awareness of both domestic and foreign culture, which in turn could help prevent prejudice and conflicts that may arise from cultural misunderstanding (Tandon, 2004). Evidence could be seen that even though, our world is in the stage of globalizing, there are still many religious conflicts. Imagined what would happen if globalization does not take place, you might unintentionally offended someone either by words or actions, thus leading to cultural misunderstanding. Though some people might argue that globalization post threats to cultural diversity, but “the forces of globalization are actually encouraging the proliferation of cultural diversity” (Lynton, 2007). McDonald did not only...
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...Thailand. The omniscience of the narrative role is seen several places throughout the story and is intensifying the tension, as both parents’ feelings are revealed instantly; “Eileen found Thailand stressful, and wasn’t ashamed to show it. Alex was grateful to her.[1]” However, the narrator takes point of departure in Alex, which is seen, when his memory of his and Eileen’s LSD-trip is described in detail (l. 1, p. 4/10). In “Eating Sugar” there are a lot of contradictory conditions. The most dramatic one is when the family is concerned about how they will come home and four native Thais ‘emerge’ from the forest path. Already before engaging in a conversation, the narrator uses Alex to make a difference between Thais and Westerners, by stating that it is “…difficult to tell the ages of Thais…” Although the possibility that it could be difficult for Westerners to spot the age of a native Thai, it seems completely unnecessary to mention this, which can be analysed as a way of creating an us/them relationship. However, this contradiction is confounded when Suzanne begins speaking...
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...ABSTRACT This paper is intended to provide critical responses to the weaknesses of globalization and corruption in the world that we are currently living based on the mixed economic worldview which is my personal economic worldview which threatens to undermine the stability of economic and political development on both a national and global scale, and which requires both immediate and wide-ranging policy interventions. The recent concern with corruption is attributable, not to any substantive increase in corrupt practices, but rather, to the re-framing of corruption in light of broader shifts and transformations within the global economy. The historical context of globalization covers centuries. This paper reviews the types, forms as well as the consequences of corruption. The paper also reviews the issues associated with globalization and the effect it has on the lives of various individuals. It questions the view that, under certain conditions, corruption may enhance efficiency and argues that though corruption may benefit powerful individuals it will indubitably lead to greater inefficiency and a waste of resources at a macro-economic level. Table of Contents ABSTRACT i INTRODUCTION iii BACKGROUND iv Forms of Corruption vi 1.1 Bribery vi 1.2 Theft and fraud vi 1.3 Embezzlement vi 1.4 Nepotism vi 1.5 Conflict of Interest vi 1.6 Favouritism vii Types of Corruption vii 2.1. Grand corruption vii 2.2 Political corruption vii 2.3 Corporate corruption...
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...development of country. Communication connects between other to other. Learning more than two languages is useful for people; to increase global understanding, to attain a good job and to be benefit to summit on AEC in 2015. To increase global understanding, people should have language ability more than two language. Learning more than two languages that let they know about different vision of life. Following this word “A different language is a different vision of life” of Federico Fellini,Itarian Flim director. Learning another language gives them know about other culture that they learned. Learning language they not only communicate but also understand into the culture in that language. In globalization made people in the world is easy to connect and is bring other comes together. For example , in the house of Japanese ,the shoes are not worn inside their homes. There is even a separate set of slipper worn in the bathroom. If you didn’t learn Japanese , you don’t know that. You go to Japanese’s homes and do thing that they forbid. They are thinking that you haven’t the manner .However , you learn this language ,it helps you to know the manner of that language that you learned. Many companies need people who has ability language more than two languages. Why something like that? Because these companies have connect between the global communication. To grow their business to better ways. If the...
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...established in 2009 and it is currently quite popular in more than 150 major cities around the world (Tuoitrenews 2014). Uber provides people a chance to travel in a luxury car with a low fee and it is also convenient when people can grab a car just by some acts on their smartphone (Tuoitrenews 2014). With its own strengths, Uber want to provide its service in Thailand – a potential market in order to expand its market. However, Uber has experienced a legal problem in there that leads to its failure in expanding the market. This essay will analyse the issue that the company has faced and relate it with the theory of internationalizing. According to Dunning’s reasons for internationalizing business (Dunning 1993), the motive for Uber’s entrance to Thai market is that Thailand is a fast developing country with huge amount of potential customers (market – seeking motive). Moreover, the number of credit cards has increased significantly from 2.1 million in 2000 to 18.2 million in 2013, and the number of debit cards has also increased from 2.2 million in 2000 to 44.8 million...
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...If you ever hear a saying that you are what you eat. This saying means beware of what you are eating; how nutritious it is and. One Three fourth of the health problem today are the food we eat. The other is the environment Food Modern lifestyle makes Thai people eat more junk food for fashion. Without realization that they contain too mach fat. Fried chicken, donut, hamburger pizza in fact is less nutritious than Thai vegetable dishes .The globalization make people today prefer convenient store. No exercise, No walking, you can handle every thing with your finger click the computer or just press the number on your mobile. Life is so easy that people forget that every cell needs to be in activity to prove that it is living. Living Place The unknown disease from the forest. The epidemic like bird flu, swine flu, the Chigukunya. Emerge one after another. To me it’s like the Mother Nature is telling us that people are too much invade the habitat of wild life. The lesson from the forest then is people themselves died from either Malaria or the diseases from wild animal. This serves the human being right. Mental illness Another thing is that people are getting more and more stress. Since most people measure the success in life is measure with the money. Everyone wants to get to the top which means getting high salary. The owner of the business work hard to expand his kingdom. With this highest goal, they get more and more stress, Stress can cause so many illnesses...
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...Why Is International Important to Thailand Why is international trade important to Thailand and how do global events impact on global trade? International trade has played an important role to the economy in globalization. Nowsaday, many countries are interested in international business in order to get competitive advantage and can be survive in highly competitive world. They want to enlarge their market to other countries and can get lots of benefits such as seeking the lowest cost, avoiding transportation cost and trade teriffs. Why international trade is important to Thailand? There are 2 mains factors. First, different resources of production.The specific physical geography of Thailand is one of restrictions to produce some goods while natural features facilitate Thailand to has more capability to produce argricultural products and food such as rice, rubber, fruit, vegetables, seafood etc. In contrast, other countries have another type of resources and they can produce some goods at lower cost, for examples, The Middle East countries have petrolium energy and mining industry that Thailand has to import from them. Second, different knowledge skills and technologies. For example, Japan has great potential in producing electronic and automotive products and Switzerland is very famous for mechanical watch industry ,so Thailand has no choice to import electronic product and watch from those countries because their knowledge and new technology...
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