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Globalization Essay Topics & Paper Examples

The Globalization of Service Marketing

Nowadays, the globalization pushes the service marketing into the fierce competition. Furthermore ,we can not avoid it ,because it influence every aspect of our lives. So many people think whether it is an opportunity or a challenge in this fierce competition? How Can they take use of the service to dominate the marketplace. This essay will discuss how does the globalization affect the service marketing, how do the companies manage the service in the globalization? The overview There is no doubt that the rapid progress in science and technology improve the quality of the products. but because of the sharing technology, there is not much difference between the products. And with the change of demand,the service marketing are playing an…

International Trade and Globalization

According to Hill, globalization refers to the shift toward a more integrated and interdependent world economy (2009). Globalization has several facets, including the globalization of markets and the globalization of production. Globalization of markets is to the merging of historically distinct and separate national markets into one huge global marketplace. Globalization of production is to the sourcing of goods and services from locations around the globe to take advantage of national differences in the cost and quality of factors of production (such as labor, energy, land, and capital) (Hill, 2009). There are several traditional international trade theories that would support the concept of globalization. The first theory is free trade that refers to a situation in which a government does…

Globalization: Good vs Bad

Globalization is happening all around us everyday whether it is wanted or not. Some may believe that globalization is a bad thing and should be controlled to some degree. Others say that it is a great thing that is happening in the world and that it should be seen as a move in the positive direction. What is globalization, What makes it so important, and why is it only recently being noticed? Globalization is a process of interaction and integration between governments, cultures, and companies. It is important because it has effects on the environment, on culture, on politics, and on economics to name a few. Currently speaking, globalization can be summed up as being a free-market, policy driven, open…

Drivers of Globalization

Having listened to distinguished luminaries such as Prof Ishwar Dayal there is hardly very much I can add or contribute to the discourse initiated this morning. But as a student of economics I know that I should stick to my comparative advantage. What I therefore propose to do this afternoon is to spell out what I consider are the main Drivers of Globalization . I would then argue that unless we understand those Drivers of Globalization we cannot have a picture of what the firms or business— individually and collectively —are going to look like in the future. Having done that , we delve into the realm of the changes in the the state of the firm which will emerge…

Globalization: What It Is and How Can We Improve for the Better

You can interpret globalization in any way you want because it is not a word but a way of living, be it bad or good. Where did the term globalization come from and what does it mean for consumers, corporate factories, and workers? How did it affect their lives? Despite all of its different sides, globalization is a good thing but to a certain extent. Globalization is in our world now and we should focus on what we should do to regulate globalization to where we are progressing as a whole and not returning to the dark ages. In order to answer these questions we must ask ourselves what does globalization mean? The dictionary definition of globalization is the act…

The basics of globalization

Globalization may not mean much to us, but it is integrated in our lives. Sad thing is, we know not much about it. This paper aims to cover the basics of globalization. Globalization is made up of four parts: trade, capital movements, labor movement, and spread of knowledge. Trade among countries makes globalization possible. Due to the onset of globalization, a more open trade among countries is achieved through lower taxes and higher quotas with exported goods. This makes a variety of commodities available for global consumption. However, if not dealed with carefully, trade agreements will result into one country (usually the developed one) taking advantage of the other (the developing country). (Stiglitz) Capital movements make investments possible. Without this,…

Economic Globalization

Just after the Second World War, the world faced yet another economic set back in the name of cold war. The lengthy cold war however came to an end with the decline of the Soviet Union and the collapse o the Berlin wall. The world market opened up with the opening of free market in the individual states that had split from the former Soviet Union plus other nations of the Eastern Europe (Staley 2008). The Eastern Europe was very critical player for increased globalization in the 1990s. Most of the nations in the region joined the world trade organization and played a significant role as a supply foundation in to the western countries. China’s role in the cold war…

Marketing Applications

Which environmental forces sociocultural, economic, political, legal, regulatory social ethical, competitive, or technical, might a marketer need to consider when marketing the following products in the international marketplace and why? •Barbie Dolls •Beer •Financial Services •Televisions International Marketing involves developing and performing marketing activities across national boundaries. Marketing is the process of creating, distributing, promoting, and pricing goods, services and ideas to facilitate satisfying exchange relationships with customers and to develop and maintain favorable relationships with stakeholders in a dynamic environment. Therefore, I believe all the forces sociocultural, economic, political, legal, regulatory social ethical, competitive, or technical would apply to the above mentioned products. A marketer would need to recognize the products and services customers in the home country would…

The various market entry strategies

Research Objectives: This research is undertaken to identify, analyze and evaluate the various market entry strategies in global markets. Specifically, the research will examine exporting, franchising, acquisition, merger, wholly owned subsidiaries and joint ventures. Furthermore, the research will also analyze entry strategies implemented by a number of multinational corporations operating in different industries. Finally, the research will conclude with the factors that need to be examined and investigated before entering a global market. General Introduction: Multinational firms deciding how to enter or operate in a global market must carefully and precisely take into consideration many critical factors including the local business environment in addition to the firm’s own core competencies. An entry mode is defined by Wild & Wild (2012)…

Standardization vs Adaptation

In the century, when almost every company wants to operate globally and many of them have already been doing it, firms face the choice of marketing strategy that provides a success to their product/service in different markets. There are two main marketing strategies, standardization and adaptation. And the question “What is better?” worries the companies that are going to act worldwide. I think nobody can answer that because everything depends on a particular situation: product, company, country, market, competitors, etc. Let’s consider standardization. This concept means making one global product in the belief the same product can be sold across markets without significant modification. The most important plus of standardization is economies of scale. It assumes the more you produce…

The Story of Sinuhe

The story is about Sinuhe, an individual who loses his status after fleeing from his country, Egypt and later gains his rightful place in the Egyptian society by restoring himself. The story first draws Sinuhe as a coward who deserts his king for fearing for his own life. Sinuhe then challenges an opponent in a combat and comes out successfully (Gardiner and Alan, pg 8 ). This win impacts positively on his life and eventually decides to go back to his homeland. Synopsis This is a story that is about an individual called Sinuhe, ‘son of the sycamore’. It was composed after Pharaoh Amenemhat I’s death who founded the 12th dynasty of Egypt in the 12th BC. The story is…

Affects of Westernization on Youth and Culture

Youth are the back bone to a nation. The young generation occupies a special place in a society. They can change the future of the society with their spirited behavior. In a broader sense, the future of any society depends on the youth. The youth are ready to adapt changes because they are young, in search of truth and they are open to different ideas. Young people have better concentrating span contrary to old ones and that is how changes are brought in a society. All societies pay special attention to the youth. The youth acts as the motivating force of revolution. No revolution can be successful without the efforts of youth in a course of action. Their youthful energy…

Globalization processes

Globalization had brought different effects to the society. It had changed that world and how the world processes. Different states join together in creating a better world for humanity. Different businesses establish parts of their business in different parts of the planet in order to provide work for the underdeveloped or developing nations. Most of these nations profit from the globalization processes of the world because this is the way in which they acquire profit. Having a Multi-national Corporation (MNC) invest in one of those nations provides good opportunity not only for the government but also the people. Among the entities involved in the process of globalization, the people are said to profit most for the reason that they are…

Cultural Attitudes Toward and Presumptions

When you speak or write, do you own the words that you have created? What about the thoughts that preceded those words? These questions get to the very heart of referencing and citation requirements in academic work. In the Western academic world, the presumption is that you do, in some sense, own your words and thoughts; at the very least, you have privileges pertaining to them. The main privilege is to be credited, or cited, for your effort and scholarship. These notions of authorship and ownership, however, are based in cultural expectations and are neither better nor worse than other cultural perspectives. Some non-western cultures have historically placed emphasis on communal knowledge and showing respect through imitation. In the Western…

Research Proposal Management

The population of Cameroon is one of diverse backgrounds,with over 260 tribes with each tribe having its own distinct dialect. of which its indigenous population constituting the Youthful and Middle age group. As the first settlers of the territory constituting present-day Cameroon, the Bantus should provide a strong cultural and economic base for the country. Yet throughout this land’s history, the Bantus have always been the segment of the population that has suffered the most. Their exploitation began when the Portuguese “discovered” Cameron in 1472,later in 1884 came the German annexation of Cameroon: and in 1919: Cameroon was divided between France and Britain: and finally in 1960: was the Independence of French Cameroon, con After Cameroon gained its independence form…

Diversity in UK universities as a result of Globalization

interconnected both economically and culturally. Globalization is actually the process of economic, technological, political and socio-cultural forces i. e. globalization refers to the adaptation or development of values, knowledge, technology and behavioral norms across different societies and countries around the world. The characteristics of globalization are mostly linked with global networking (i. e. internet, electronic communication or technology etc. ) with interflow of information in the economic, social, political and cultural learning areas, interflow between international alliances and competitors, international collaboration and multi-cultural integration and global village and technology. There are four dimensions to globalization and they are 1) Building the global economy, 2) Formation of world opinion, 3) Democratization, or the creation of a global community and 4) The…

Impact of Western Culture in Bangladesh

The following research report deals with the Impact of western culture in our society includes people’s thought according their age level, how the Bengali culture is becoming a westernized and which factors are related with that. We took only Dhaka city for our research survey. Acknowledgement First of all we would like to thank our Almighty God, because of His blessings were always with us so that we were able to complete this report.We are grateful to many people for providing us encouragement and support during our learning and working while making this report and we want to show our gratefulness to these people.We are very much grateful to Prof.Toufiqul Islam, our teacher of Research & Methodology course, who provided…

Youth in a World Of Globalization

As the degree of globalization is being strengthened in the present-day world, the issue of globalization has been a highly controversial topic, stimulating extensive attention among the economists and commentators. It is widely agreed that globalization produces widespread and profound impact on every field of the whole world, especially on the aspects of society, economy, politics and culture. However, there is a growing difference of opinion on whether the effects of globalization are beneficial or not. In spite of some negative effects that the anti-globalization groups point out, the positive impact produced by globalization is comprehensive and significant. Many economists consider the process of globalization as the main motivator for social progress, economic growth and cultural exchange. There are two…

Trade Barriers

Management across cultures Culture refers to the values and expectations of a group of people.* It is important for managers to ascertain the culture of the host country and adapt the organization. One way to manage the organisation in one country may not be appropriate in another. When managing the operations in a particular subsidiary an approach needs to be developed in line with cultural values to ensure greater cooperation and participation of employees as well as ease of dealings with local firms and national institutions. *Gooderham & Nordhaug (2003, p. 131). Globalisation of production The globalization of production refers to the sourcing of goods and services from locations around the globe to take advantage of national differences in the…

Globalization and North East India

I.Introduction Ever since the term ‘globalization’ appeared for the first time in the second half of twentieth century no other word has meant so many different things to different people and has evoked as much emotions. The forces of globalization affect virtually every country in the world. It has opened the door of many new opportunities as well as formidable challenges. All spheres of life–social, political, cultural and economic–have been subjected to both the positive and negative elements of globalization. With all its promises on the overall qualitative improvement of life and social harmony, some see it as the saviour of universal peace and prosperity. On the other hand, rising mercury of its negative elements some condemn it as a…

The Digital Music Era: Sales vs. Illegal Downloads

In early 2000, Americans helped usher in what has become known as the “Digital Music Era”. With the sales of physical albums declining due to the surge of pirated music online, the record labels have felt a loss of nearly 3% to 6% per year, in total profits from 2004 to 2011. Overall, the global recording industry has experienced a 31% percent decline in music sales from 2004-2010. Over the last 7 years the digital music market value has increased over 1000%, with only 16.5% of internet users purchasing music online. As with the growth of everything you have your pros and cons. The main problem with music downloads are, the artists aren’t getting paid due to lack of royalties…

Globalization and genocide

The twentieth century has seen a lot of inventions come into being, from the invention of the engine, to the manufacturing of airplanes. Then there came the aspect of globalization. The world that was so large started shrinking on a daily basis until finally, borders seemed to have evaporated into thin air even between continents. Today, a person may be in London in the morning and in the evening he is in Washington. Communication has also been made easier and more efficient in such a way that you can talk to a person who is thousands of miles away, as if you are talking to the person next door. The world has become a small community. Successes and failures However,…

What is globalization?

Globalization is one of the most debated issues for quite long time since it has far reaching consequences for social, economical as well as religious values of the different nations. The basic idea behind the process of globalization is the fact that human societies have, over the period of time, developed close contacts with each other. However, with the developments into technology, this gap has been bridged faster than the historical trends suggested. This also resulted into more penetrating impacts on different social as well as religious values of the societies which were connected through the increased use of globalization. However, it is also argued that the globalization may result into vanishing of the human distinctions. With the world political…

Globalization and the new world food crisis

Since the dawn of civilization, man has always ventured and made developments for his betterment. Man’s basic need like any other animal on the planet has been his food. Initially man devised new hunting skills and innovate new weapons to hunt and feed. As time passed by he understood the basics of agriculture and ended his nomadic life. This was a turning point in mankind and the need for growing food to survive was well understood. With the passing of more time, agricultural science was used to enhance agricultural outputs with most of the countries at least going through one form of agricultural revolution. The need for food is still an essential need in this world full of technology and…

Globalization and Sport

“Sport is where an entire life can be compressed into a few hours, where the emotions of a lifetime can be felt on an acre or two of ground, where a person can suffer and die and rise again on six miles of trails through a New York City park. Sport is a theater where sinner can turn saint and a common man become an uncommon hero, where the past and the future can fuse with the present. Sport is singularly able to give us peak experiences where we feel completely one with the world and transcend all conflicts as we finally become our own potential. ” This quote by George A. Sheehan taken from Quote Garden definitely says it…

Globalization and Local/Regional Economy

Globalization as defined by World Bank is the increasing integration of “economies and societies world wide” (“World Bank Group,” 2001). Globalization is also perceived as a process or a trend wherein economically speaking, the money flows in the international market unconstrained and capital is reorganized allowing a maximization of profit (Robinson, 2004, n. p). On the other hand, culturally speaking, globalization has the capacity to integrate, adopt, and influence diverse cultures and the power to remove cultural barriers (Rothkop, 1997, n. p). Considering the fact that globalization is crossing over geographical borders, such trend is greatly affecting local and regional affairs at the same time. Las Vegas, Nevada also known as “The Sin City” is the world’s entertainment capital (“Las…

Globalization & concept

Globalization is a concept that has emerged over recent past that have gained a lot of attention from the global people. Globalization is not anew concept because it has developed over time due to the interaction of people from ti me to time. The definition of globalization takes new direction every time because of its usage and transcends all spheres of life (Oregon State 2008). According to Robertson (1992) socialist define it a the comprehension and intensification of consciousness of the world as a whole unit. It has been elevated by the fact that the world has become more interdependent than before as from 20th century. The term is loosely used to symbolize meaning of consciousness, receptiveness and understanding of…

What Are The Main Reasons For Increased Globalization?

Many business organizations struggle to gain worldwide market to seek for more revenue sources-“profit” at endings. One example of a global company is the Microsoft Software company which is dominating the computer software industry. It is no doubt that their effective globalization effort is the secret behind its success. Looking at a typical economic view, its effects are clearly seen in our daily lives from purchasing of goods, daily works, currency fluctuation rates, rise of new business establishments (e. g. call centers), and other economic activities (e. g. production of goods, imports and exports). In short, it had made life easier than before. Globalization is defined as the increasing interconnection of people and places as a result of advances in…

Globalization & Getting a handle

We cannot overstate the effects of the trend of globalization on our thinking, culture and the media. From the television ads and shows, our style of dressing and the way we converse and communicate with each other in our own country and people from overseas. What is this phenom that we call globalization? How does it affect us now and in the future? What are its benefits as well as its drawbacks? This paper will try to put a body, a face if you will, on the globalization trend. II. DEFINITIONS: Globalization refers to” increasing global connectivity, integration and interdependence in the social, economic, technological cultural, political and ecological spheres. ” It can also be defined as a “comprehensive term…

Globalization, Education and Trade

Globalization being processes and operations on a global scale cut across national boundaries for trade, integrating and connecting communities, ideas, tourists, migrants, values and increasingly flow along global pathways as well as shared global problems, responsibilities, and sensibilities thus making the world in reality and experience more interconnected and with major delinkage of money and financial instruments from territory creating major new spheres of accumulation , telecommunications and electronic finance. Trade is major against any kind of taxes collected and imposed on the people according to Ramayana-epic. It spread within South East Asia having a profound impact on the cultures of different peoples, especially art and religion. Trade brought establishment of major rivers as natural pathways or trade routes, land…