outside country or receive diplomat from that other country. Even though they still doing it nowadays, but now it can become shorten by doing it via technology like video conferencing. From have to send and wait for the mail, now can become faster via internet mail, or social media to deliver their message, policy, or statement to the public. Now, because of advancing technology people doing diplomacy become easier, efficient, and effective, since as they can become more multitasker also to finish their
Words: 928 - Pages: 4
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
Words: 303 - Pages: 2
FIRST SLIDE: What is globalization ? * The shift toward a more integrated and interdependent world economy , or the process which the people of the world are unified into a single society . * Integration of national economies into the international economy through trade , foreign direct investment , capital flows , migration , and spread of technology . SECOND SLIDE : History of globalization : * The word ‘’Globalization’’ has been used by economists since 1981. * The concepts
Words: 258 - Pages: 2
and Sell South Africa Based on special report at Financial Times on Investing in Spain, it looks like Spain is currently making all right decisions to move towards Globalization, and hence it makes it as my BUY candidate. Germany continues to maintain its strong presence in all top lists that matter like Economic Freedom, Internet Usage, and Technological Achievements etc. and hence justifies its BUY previously and makes as my HOLD candidate. Germany is the third most economically important country
Words: 350 - Pages: 2
1310007 Tahmina Akter 1310033 Tasmina Monowar Case Discussion Questions and Answers Case Discussion Questions and Answers Globalization of Health Care QUESTION 1: What are the facilitating developments that have allowed health care to start globalizing? Answer: The globalization of health care saves the United States from 20 to 35 percent of those costs in the United States. Countries like Mexico, India, and Singapore are the three largest recipient
Words: 1761 - Pages: 8
LING 111 Reaction paper 1 Globalization according to me is the spreading and homogenizing of cultures. The advancement of technology and various inventions in the past century have brought about a major change in the world today, the biggest being the integration of societies. Thanks to technology, we can now communicate with people from all around the world with great ease. The internet has also allowed us to transfer huge amounts of data to a place half way around the world in a matter of seconds
Words: 454 - Pages: 2
Name ID DISCUSS QUESTION ( CHAP 1 ) 1) How might the internet and the associated World Wide Web affect international business activity and the globalization of the world economy? * Internet helps us to find information about economy, industry, Stock in our country and foreign countries. The information will update every day. * Help companies advertise their product everywhere they
Words: 264 - Pages: 2
Global Finance EnvironmentThis paper will analyze the drivers and consequences of globalization, describe the risks associated with global investing, and explain the importance of cultural sensitivity and ethics in global finance. However, there first must be an understanding of what globalization entails. Globalization is the expansion of companies and entities into the international market; working, manufacturing, and selling or buying from two or more countries. Companies that sell to other countries
Words: 1614 - Pages: 7
Table of Contents ABSTRACT 3 1. INTRODUCTION 4 1.1. GOOGLE EXPANSION IN BRIEF… 4 1.2. HOW GOOGLE BENEFIT US? GOOGLE PRODUCTS… 4 2. GOOGLE IS INNOVATION & COMPETITIVE FORCE 5 3. GOOGLE TRANSNATIONAL GLOBALIZATION 6 3.1. GOOGLE ADAPTING “FLAT WORLD” 6 3.2. GLOBALIZATION CHALLENGES 6 3.3. GOOGLE VS. GLOBAL ECONOMY 6 4. GOOGLE SERVICES SECURITY 7 5. REFERENCES 8 Abstract In the following report I analyzed the case study in discussion – Google
Words: 1442 - Pages: 6
AND DISADVANTAGES Globalization is the process by which different societies, cultures, and regional economies integrate through a worldwide network of political ideas through transportation, communication, and trade. Generally, globalization has affected many nations in various ways; economically, politically, and socially. It is a term that refers to the fast integration and interdependence of various nations, which shapes the world affairs on a global level. Globalization has affected the products
Words: 1485 - Pages: 6