...OUTLINE OF CHAPTER 1: GLOBALIZATION Opening Case: Flat Panel Televisions and the Global Economy Introduction What is Globalization? The Globalization of Markets The Globalization of Production Country Focus: Outsourcing American Healthcare The Emergence of Global Institutions Drivers of Globalization Declining Trade and Investment Barriers The Role of Technological Change The Changing Demographics of the Global Economy The Changing World Output and World Trade Picture The Changing Foreign Direct Investment Picture The Changing Nature of the Multinational Enterprise The Changing World Order The Global Economy of the Twenty-First Century Country Focus: India’s Software Sector Management Focus: China’s Hisense-An Emerging Multinational The Globalization Debate Anti-globalization Protests, Globalization, Jobs, and Income Globalization, Labor Policies, and the Environment Globalization and National Sovereignty Globalization and the World’s Poor Country Focus: Protesting Globalization in France Managing in the Global Marketplace Chapter Summary Critical Thinking and Discussion Questions Closing Case: IKEA—The Global Retailer CLASSROOM DISCUSSION POINT Ask students to describe how international business has affected them in their day so far. Ash them about who made the clothes they’re wearing, what type of food they ate for breakfast or lunch (muesli cereal, sushi, Italian-style...
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...GROUP DISCUSSION –TOPICS 1. Role of regulatory in insurance industry 2. Role of Information Technology in Insurance Industry 3. Is Democracy hampering India's growth 4. Westernization of Indian culture 5. solution to Kashmir issue 6. Saas Bahu serial Vs Reality shows 7. Capital Punishment should it be abolished? 8. Corruption 9. Impact of globalization on insurance. 10. Is India ready to host Olympics 11. Common wealth games. 12. The world is flat. 13. Which is better employer public sector or private sector.(asked by Reliance General Insurance Co.) 14. "impact of Obama's visit to India".-(asked by TATA AIG general insurance co) 15. Corruption in democracy (Bajaj Allianz & HDFC Ergo) 16. The world is round (SBI General) 17. Quick promotion or long term growth in an organization (SBI General) 18. Obama's visit to India (Tata Aig & Reliance General) 19. Kashmir issue (Bajaj Allianz) 20. Leaders r born not made (If co Tokyo) 21. Regulations in insurance industry (HCL) 22. Globalization n its impact on insurance (If co Tokyo) 23. Common wealth games (Bajaj Allianz) 24. Importance of IT in insurance (HCL & Accenture) 25. Should India host the Olympics (Tata Aig) 26. role of media in our country 27. patience is a bitter plant but it bears a sweet fruit 28. role of technology in insurance 29. Should capital punishment be given more often? 30. The world is flat! 31. The biggest problem in our country is? 32. should India bid for Olympics 33. Corruption...
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...PETERSEN I. Summation. In our personal and professional relationships, everyone is affected by the way we communicate. And in our fast-paced world we live in it is becoming increasingly difficult for people to send and receive clear and meaningful messages. Effective communication is vital to healthy relationships such that the absence of it can bring any relationship to a “grinding halt” (Petersen 2007, 4). Why Don’t We Listen Better? is a tool box full of practical advice designed to help relationships flourish through enhanced communication techniques. Dissecting the intricate parts of communication, Petersen focuses on the elusive art of effective listening. Through detailed examples and realistic scenarios, Petersen demonstrates in vivid detail the profound role “real listening” plays in our lives. In the process, he candidly exposes his own shortcomings, which gives the reader comfort in knowing that even experts in the field can face challenges. This user-friendly guide is for readers who want to create thriving relationships through effective and productive conversation. Although I found Petersen’s work to be an invaluable resource, I did not agree with everything the author suggested. For example, I was not convinced with the notion of using his Talker-Listener Card (TLC) as an objective third person mediating a heated discussion (Petersen, 55). The basic premise behind the TLC is to help people become better communicators by taking turns talking and listening. When...
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...Thomas Friedman discusses how 10 principle concepts, in summary, allow easy transfer of capital and information around the world. His concept, that the “world is flat”, emboldens global competition with the possibilities of an equal ‘playing field’ due to the 10 “flatteners”. Friedman’s main focus was on the equal opportunity for corporate businesses globally, but from a financial market perspective, the ease in which capital flows is also encompassed in the “world is flat” concept. Due to technological advances, the global financial market has been refined with electronic exchanges, networks, institutions, and communications. Each country may have its own financial market, but the world is so closely tied together, causing global affects when one market is prospering or suffering. Currently all eyes are on Europe and the “Euro Crisis” stemming from their uncontrollable debt. There are discussions of a $1 trillion dollar bailout for the 16 “Eurozone” countries, which could ultimately cost and estimated $3 trillion or bankruptcy. Greece and Ireland are in the forefront of the countries in financial ruin. With the media making the entire world aware of these countries financial crisis and their insolvent state, investors are reluctant to continue to buy bonds that may not payoff. These investors are expected to bring in cash flow buy buying bonds so the European country can pay back the bank loans with extremely high interest. European Central Bank, responsible for...
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...Final Exam Essay: What is Philosophy? By definition, philosophy is the study of the fundamental nature of knowledge, reality, and existence, especially when considered as an academic discipline. I think philosophy is the understanding and reasoning for the things we do. People question the fundamental truth about themselves and the world they live in. Generally philosophy can be divided into four major areas of study, metaphysics, epistemology, ethics, and logic. The subject matter and methods of philosophy can relate to the reasons we inherit ideas generation after generation. The subject matter and method of philosophy can be split into different explanations, examples and reasons that in turn make up the understanding people have for philosophy. Philosophy proposes many different questions about beliefs and everyday ethics but it also guides people to solve the questions they have come up with. Some questions may be answered very differently depending on the person, but the goal is not merely the answer or arguments but whether or not the arguments are good and answers are true. Going more into detail about the subject matter of philosophy which is closely connected with the sort of questions that have dominated philosophical investigation. Everything in existence is the subject matter of philosophy, for example some topics may be art, beauty, cause, desire, family, god, nature, one and the many, and reasoning just to name some. The method of philosophy is the study...
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...------------------------------------------------- Teaching Assistant: TBA Required Text: Oded Shenkar and Yadong Luo, International Business—2nd edition (Sage). ISBN: 1412949068. Course Packet (must be purchased online through the Carmen course site) Course Website: http://carmen.osu.edu Suggested Reading: The Economist (https://www.economistsubscriptions.com/searchstudent/us/) Course Overview and Objectives The world is changing in fundamental ways. First, the development of a truly global market in products, services, capital and even certain types of labor is changing the basic terms of competition for an array of different firms and industries. In Thomas Freidman’s words, “The world is flat.” Second, although firms have operated around the globe for many years, they are becoming increasingly integrated yet differentiated, with tightly coupled but different activities in various locations rather than replicating themselves from place to place. Understanding the interaction between culture, knowledge, and the way businesses coordinate around the world is critical to understanding both the possibilities for and constraints on managing a business in today’s fast-changing economy. In this class we will talk about why trade exists between nations, and why businesses decide to leave their familiar domestic surroundings to build subsidiaries overseas. We will examine actions and strategies of the “multinational enterprise” (global companies like GE, Toyota, and BP) that...
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...in-depth discussions about individual characteristics concerning virtues, values, and moral concepts. The Virtue Theory, Utilitarianism, and Deontological Ethics are theories that involve those aspects of ethics. These theories have commonalities; however, there are differences in the theories as well. The Virtue theory often refers to character or ethics. The word “virtue” comes from the Greek word for excellence. This theory suggests one should strive for excellence or perfection. There is a strong correlation between this theory and the U.S. Army motto, “Be All That You Can Be.” Nike’s “Just Do It” also suggests one should push themselves to the limit and strive for perfection. In addition to striving for excellence, one bases the quantity of character on the length of time that one continually achieves that excellence. If one is constantly striving to be good, but slips, have they lost all character and no longer hasethics? The virtue theory suggests it is a collection of actions that develops into who a person becomes over time (Boylan, 2009). Utilitarianism is a group-based theory that suggests one will do what is morally right for the greater good of the team or group involved. It is very similar to the “democratic beliefs the United States was built upon” (Boylan, 2009). Unfortunately, this theory bases one’s morality on the good of a group. Sometimes the good of an individual should take precedence. For example, at one point people believed earth was flat; until...
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...Assignment Course Code: FEG-02 Assignment Code: FEG-2/TM A/2012-13 Max. Marks: 100 All Questions are compulsory 1. Read the following passage and make notes in the appropriate formal. (15) 'The perpetual cycle of change which has created the face of the Earth, with all its rugged and Fascinating variety usually happens too slowly to be noticed. But occasionally it is rapid and Violent. Volcanoes disgorge molten lava, earthquakes rip open the landscape, landslides, carry away Whole mountainsides. Then human beings become aware of the awesome forces that are shaping Their planet. These forces are fuelled by three powerful sources of energy - heat from within the Earth, heat from the Sun, and the force of gravity. Every landform in the world has been shaped by these ttu.ee energy sources. 'the continents that drift across the surface of the globe, setting off volcanoes and earthquakes and Building mountains. are driven by heat from the Earth's interior which has a temperature of about 5000"C (9000'F). Most of this heat is created by the breakdown of radioactive elements. Earth is unique among the planets of the Solar System in having liquid water on the surface and water has a major role in shaping the planet. The warmth of the Sun evaporates water from seas and lakes. The vapor rises and condenses to form clouds and then falls again as rain and snow. It is then that its landscaping powers begin, weathering rocks and washing away the loose material. or grinding down the...
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...No. 2060 August 7, 2007 The Estonian Economic Miracle The Honorable Mart Laar Estonia is a small country in Northern Europe on the Baltic Sea, at the crossroads of East and West, South and North. Samuel Huntington states that the Estonian border is a border of Western civilization, a border where civilizations clash.1 This has made Estonia interesting to historians but hard for people who live there. Throughout history, Estonians have had to fight for their freedom. In 1918, Estonia declared independence. It was occupied by the Soviet Union in 1940 during the Second World War. We fought the communist terror during the war but were defeated. As a result of the occupation, Estonia lost nearly 20 percent of its population. But we never gave up. When the 1980s offered us a new chance, we took advantage of it. Estonia became one of the first countries to pry open the cracks in the Soviet Empire. Finally, in 1991, after 50 years of occupation, Estonia became free again. We had freedom but little else. Estonia was destroyed during the period of communist rule. In 1939, Estonia’s living standards and way of life were more or less the same as neighboring Finland’s. Then Estonia lost its independence, but Finland, despite losing territory and population, succeeded in keeping its independence. Life under two different political systems created a huge disparity in the development of Finland and Estonia. People learned and worked hard on both sides of the Finnish Bay, but only the Finns...
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...This discussion in turn boils down to the question “what is globalization?” According to me globalization is a word which has its origin from the process of transformation from self-sufficient civilizations to modern countries having specializations and doing trade. Globalizations finding its way back from 3000BC to the most recent times; it can be defined in various ways depending upon time. Gunder Frank’s theory of dependency explains it all. Globalization was always need driven, more was the need more was globalization in terms of trade, people, colonies, power, labor, etc. so it can be said that in a world of self-sufficiency globalization dies, only when the markets are volatile, globalization has its pace and when a particular segment becomes saturated in every economy there would be no exchange of this good or service or technology from one another and the scope for globalization ceases. When each country has a holiday destination like Miami nobody would be ready to come all the way spending more money. This is very much a reason for more south to south trade and south to north trade rather than north to south. With this transition or reform in the economic flow we can say the world is being pulled apart. The question “the world is still not flat?” is a comparative term and drawing back the lines to the 3000BC, I would say the world is flat. Russia is a young economy with great scope of development. After its economic reform in 1999 it faced a huge inflation because...
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...Wednesday 10:30-11:30 pm, and by appointment Email: ?????@fisher.osu.edu Required Text: Oded Shenkar and Yadong Luo, International Business—2nd edition (Sage). ISBN: 1412949068. Course Packet (must be purchased online through the Carmen course site) http://carmen.osu.edu Course Website: Suggested Reading: The Economist (https://www.economistsubscriptions.com/searchstudent/us/) Course Overview and Objectives The world is changing in fundamental ways. First, the development of a truly global market in products, services, capital and even certain types of labor is changing the basic terms of competition for an array of different firms and industries. In Thomas Freidman's words, "The world is flat." Second, although firms have operated around the globe for many years, they are becoming increasingly integrated yet differentiated, with tightly coupled but different activities in various locations rather than replicating themselves from place to place. Understanding the interaction between culture, knowledge, and the way businesses coordinate around the world is critical to understanding both the possibilities for and constraints on managing a business in today's fast-changing economy. In this class we will talk about why trade exists between nations, and why businesses decide to leave their familiar domestic surroundings to build subsidiaries overseas. We will examine actions and strategies of the “multinational enterprise” (global companies like GE, Toyota, and BP) that...
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...TASK V Scenario : A family is looking for the best option for moving the family’s belongings into a new home. Moving company A charges its customers a flat rate per mile. Moving company B charges it customers a fixed amount for a certain number of miles and then a fixed rate per mile for any miles over the set amount. Determine which company would best serve the needs o the family. A. Develop a story problem using the real-world scenario you have selected from the four provided above by doing the following: 1. Develop a cost comparison problem that can be solved according to the task instructions that follow by supplementing your chosen scenario with additional information. A Family is moving from San Jose downtown to Tracy Downtown. The net distance from San Jose location to Tracy is 95 miles. Family has requested the moving quotes from two different Companies. Company A charges Flat $15 per mile and company B charges $800 for first 40 miles and then $10 per miles for remaining distance. X = Distance from San Jose to Trace = 95 Miles Company A charges flat $30 per mile. Company A charges = Ra = 15(X) Company B charges = Rb = 800 + (X – 40) 10 2. Explain all needs (e.g., financial, non-financial, situational) of the hypothetical consumer. Consumer needs:- Financial • Economical for entire cost of move • Consumer wants insurance coverage on all moving items. • Moving supplies should be provided by moving company. • No extra charges if move require...
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...DISCUSSION QUESTION #1 How do popular culture trends affect your personal decision-making process? Is it possible to escape the consumption of popular culture? I believe that popular culture trends can affect your personal decisions because popular culture is an influence and a trend and I believe we are all part of this culture in one way or another. Social Media like Facebook, Twitter, YouTube, Google, and Yahoo have become a part of the majority of all people and this has become a trend and a part of popular culture that we adapt to and use in our daily lives. For Example purchasing Designer Clothes, Flat Screen TV’s and Purchasing Luxury Vehicles, Expensive Homes that you see on TV shows like MTV by Professional Athletes, Music or Movie Stars causes an affect and influences with people and we focus more on the Popularity than our necessities this leads to us focusing on wants instead of needs. I believe it is not possible because we cannot escape Popular Culture because For Example: the Television is an object that lets us watch what is going on in the media and this is around the world and the media focuses on promoting popular culture and popular culture around the world. Companies that have products and services that we desire are everywhere so there is no escape by products and services that we personally want that are trends and part of popularity that is part of our Popular Culture whether it’s in America or around the World. I personally believe...
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...solves algebraic equations and constructs equations to solve real-world problems. Competency 212.2.1: Applying Probability and Statistics - The graduate understands and applies elementary probability and statistics concepts and knows the relationship between them and sampling and inference. Competency 212.2.3: Interpreting and Communicating Quantitative Information - The graduate interprets documents and materials containing quantitative information and effectively communicates mathematical arguments and quantitative results. Competency 212.2.4: Applying Technology to Quantitative Problems - The graduate uses appropriate technological tools, including regular and graphing calculators, databases, and/or statistical analysis programs, to solve problems involving computation, graphical information, and informational technology in a wide range of areas. Introduction: Individuals encounter countless situations in day-to-day life that require a strong mathematical foundation in order to make informed decisions. Shown below are four real-world scenarios that one might encounter in day-to-day life. For this task you will choose one of the scenarios below. Each situation requires a mathematical comparison of cost options in order to determine which is best for a consumer (e.g., customer or person). Scenario 1: A parent is looking for the best option for daycare for a child. A home-based option charges a flat rate per hour. A center-based option charges a fixed fee per week...
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...PHYSICS HOMEWORK Institution Student name Introduction The homework is composed of discussions of the capacitor - voltage relationship (C-V characteristics) in MOS capacitors. Transistors are also part of the homework. The capacitor-voltage analysis is a technique that is widely used to determine wide range parameters of MOS capacitors. These parameters involve flat-band voltage, threshold voltage, substrate doping concentration and the thickness of the gate oxides. The MOS capacitance is characterized by its capacitance, Cox. It has two capacitors that are connected in series at the depletion layer. These two capacitors are depletion layer and oxide capacitors that is, Cdep and Coxrespectively. When the MOS-capacitor is supplied by AC voltage, the gap width increase and contracts with respect to the AC frequency (Huff, 2005, pg. 219). To maintain the reliability and the quality of MOS structures is a vital practice among the MOS capacitors. The C-V measurements are employed mostly to determine the details and quality of gate oxides. On the MOS capacitor, measurements are done at the absence of the drain and source. The test operations provide the process information and at the same time ensuring efficient devices. The interface charges and bulk charges are also part of the parameters that are determined. The capacitor voltage measurements are carried out using tools like the Keithley model. The Keithley model makes use of 4200-SCS apparatus. Parameters like capacitance...
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