Globalization And Terms Of International Business

What is globalization in terms of international business? Give a practical example using class source. Answer: Globalisation refers to the integration of world economy into a single economy. For example product, services, culture, communication etc. In the current business era the word Global Village is much highlighted, it is only because of the Globalisation. Globalisation not only increased the flow of international business but also has great impact on cultural change. International business refers to all the transactions which take place between two or more countries across borders. Private firms do the transaction for profit motives and to extend the operation area of their organisation. In last 20 years the growth of international business increased enormously and still the rate of percent of increment is on the peak (Coldwell, D.A.L, 2008). Example- Here we are taking a particle example of a Mobile phones company. A mobile company needs many kind of different parts to manufacture the final phone and some of the parts it manufactures by itself where as some it outsource to other manufacturing company. Taking the advantage of Globalisation it could compare the different parts prices with different countries and could import the cheapest product, by this way company can enjoy the more profit and even after collecting all the required parts it could choose the country where the assembling of mobile phone is cheapest. If we see the current scenario and all currentShow MoreRelatedGlobalization and Its Impact on International Business Essay1558 Words   |  7 Pages............3 What is Globalization....................................................4 The engines for Globalizations†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦5 Globalization’s impacts on international business†¦..7 The road ahead for international business†¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦9 Summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..11 Reference†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦12 Introduction Every day we hear it on the news, read it in the papers, overhear people talking about it†¦ and in every single instance the word globalization seems to have a differentRead MoreReflect of Globalization on International Business1485 Words   |  6 PagesGlobalization refers to the increasing unification of the worlds economic order through reduction of such barriers to international trade as tariffs, export fees, and import quotas. The goal is to increase material wealth, goods, and services through an international division of labor by efficiencies catalyzed by international relations, specialization and competition. It describes the process by which regional economies, societies, and cultures have become integrated through communication, transportationRead MoreThe Importance of Understanding Cultural Differences in International Business Communications950 Words   |  4 Pages Due to globalization, organizations rely on international transactions to take place to keep their business running. Even with knowledge of how important international interactions are for their companies’ success, miscommunication occurs and someone involved in the transaction is left scratching his or her head. This is a result of the lack of cultural training and understanding. This paper will discuss the different implications that have been discussed in the international business world. ThisRead MorePolitical Factors That Affect International Business1020 Words   |  5 Pagesin overseas markets there is often a risk, the risk is referred to as political environment risk, and these factors can facilitate or hinder business operation. Some of the political factors that affect international business include† (Justin Ervin. Zachary Smith A.2008). One significant political environmental factor that influences international business operation is trade agreements. Countries frequently enter into trade treaties to further facilitate trade between themselves. Case in pointRead MoreInternational Business And International Marketing1457 Words   |  6 PagesInternational business compares all commercial transactions like private and government, investments and sales and transportation which take place between two or more regions , nations and countries beyond their political boundries.simply international business is exchange of goods and services among business and individual in multiple countries. International business such as an essential subject for students around the world because international business is vital ingredient in entrepreneurshipRead MoreGlobalization of Supply Chain Management1422 Words   |  6 PagesConclusions The globalization of supply chain management is the natural outcome of today’s expanding consumer markets as companies struggle to meet the dynamic needs of growing markets and new customer segments. It has led to a high degree of specialization under an ever-expanding world market. People with special skills can work with little overheads and market globally. Small companies can flourish. Introduction The pace of globalization on the supply chain continues to foster opportunitiesRead MoreThe Impact Of Management On The Globalization Of Business900 Words   |  4 Pagesmanagement in the globalization of business. The multinational corporation The impact of globalization on international business International business refers to a wide range of business activities undertaken across national borders. Along with rapidly increasing globalization, international business has become a popular topic and has drawn the attention of business executives, government officials and academics. International business is different from domestic business. At the international level, theRead MoreWhy The Economic Liberalization Is Regarded As A Second Step Towards Facilitating Globalization1478 Words   |  6 PagesGlobalization is the process of integrating various economies of world without creating any hindrances in the flow of goods and services, technology, capital, and even labor or human capit al. The term globalization means to permit the free flow of goods and services in the world. To create an environment in which free flow of capital can take place among nation states, an environment permitting free flow of technology and from the point of view of developing countries, creation of environment inRead MoreGlobalization: Its Effects Key Drivers and Supporting Theories695 Words   |  3 PagesGlobalization: Its Effects, Key Drivers and Supporting Theories Globalization according to Johnson (2009) can be defined in several ways and hence the term cannot be said to have an assigned definition. In this text, the definition that will be adopted was the one given approximately 15 years ago by the World Economic Outlook in which case globalization according to Johnson (2009) was termed: the growing interdependence of countries world-wide through the increasing volume and variety of cross-borderRead MoreGlobalization And Globalization1050 Words   |  5 PagesJane Ogagan International Political Science for Public Health Practitioners Seminar Course: 221.614.01 CLASS PAPER Topic Choice 18: â€Å"On balance, globalization expands rather than contracts opportunities for economic prosperity around the world.† Why do you agree or disagree with this statement? Please support your answer with appropriate examples. Globalization has impacted almost every part of the modern world; it can be characterized by economic, political, and cultural integration. Economic

Unemployment Rate Refers - Free Essay Example

Sample details Pages: 3 Words: 773 Downloads: 6 Date added: 2019/10/31 Category Economics Essay Level High school Tags: Macroeconomics Essay Did you like this example? Unemployment rate refers to the percentage of people in a nation with the total labor force but unable to secure jobs. In most cases, people are considered unemployed if they currently are not able to get jobs despite the fact that they are willing and able to work. This limits most people in acquiring their human wants effectively, because they are not able to afford them. Don’t waste time! Our writers will create an original "Unemployment Rate Refers" essay for you Create order Unemployment has been a major tragedy in USA and other western countries the governments of these nations have tried to address this issue in various ways to ensure that people are able to secure jobs to in private and public sectors. In USA unemployment rate has emerged in a situation where the economy has grown slowly, the economy begins to contraction or recessionary. This makes the sales of various products to declines which in turn leads to the decline of business and a slow growth rate of GDP. It has also been discovered that unemployment in the USA other countries unemployment occurs due to the instability of the state due to the fluctuation of its currencies and changes in the economy in general. When the GDP of the country is affected in most cases it creates unemployment in the country this can also lead to an economic slowdown. The recession of the economy has also been the major causes of unemployment in the USA this is because during this business cycle there is a lot of contraction in the business. In this because during this period many businesses do not operate well which leads to unemployment for the citizens of the country. If this condition of recession is prolonged it may cause a sharp decline in economic activities leading to a depression that in turn lead to lack of jobs to many people who are in the age bracket of seeking employment. Labor participation rate refers to the population that is in the action in the job industry. This includes the section of people who are active between the age of 16-64. This contains the major section of the population that is able to work and earn for their living participatory. Labor participatory in the USA has not been so effective this is because of inadequate opportunities that are available in the job market. This may lead to the labor to as the section of working population in the age group of 16-64 in the economy currently employed or seeking employment. People who are still undergoing studies, housewives, and persons above the age of 64 are not reckoned in the labor force. The unemployment rate is usually used as the economic metrics to gauge the health of the U.S. job market. On the hand, the participation rate measures the percentage of Americans people who are in the labor force. The unemployment rate measures the percentage within the labor force thats currently without a job. In the USA the labor participator rate is low comparing to the population that is in the county this leads to unemployment in the country. Governments in most cases strive to ensure that there is a high labor participatory rate in the country. Labor participatory has been taken seriously in the USA, people have been advised to be involved in the job market so that they ensure reduced cases of unemployment in the country. This can be done both in public and private sectors. The rate of labor participatory in the market determines the level of unemployment. For instance, when the rate of labor participatory in the job market is high there are low cases of unemployment hence the government sensitizes people in the involvement of labor task forces to reduce the cases of unemployment. Reduced unemployment may contribute to the growth of the GDP of the county. In this case study the published unemployment rate actually misleads vis-a-vis economic conditions because it tries to give various ways of encountering with unemployment which is not addressing the issue in the right way this has a continuous long-term effect in the country because the issue of unemployment affect the whole country due to the fact that it tampers with the GDP of the nation. Unemployment has got also the negative effect on the economic prosperity of the nation this is because when many people are unemployed they involve in social misfit activities such as theft this may affect the country negatively. References Gwartney, J.D., Stroup, R. L., Sobel, R. S., Macpherson, D.A. (2014). Macroeconomics: private and public choice (15th ed.). Boston, MA: Cengage Learning. Guilford, G. (2018, June 7). Americans need to stop obsessing over the unemployment rate. Retrieved from https://qz.com/1297561/the-dazzling-us-unemployment-rate-is-blinding-americans-to-a-much-darker-reality/

Chapter 5 quiz Free Essays

Chapter 5 Quiz Free Essays Chapter 5 Quiz Free Essays Many of the institutions and customs that emerged in east Asia during this era persisted until the twentieth century or even the present. Why do you think this is so? Why does there seem to be more continuity in east Asian history than in other parts of the world? Patriarchal Family. Nomadic Threats. We will write a custom essay sample on Chapter 5 Quiz or any similar topic only for you Order Now Mandate of Heaven. 2. What are the advantages and disadvantages of a form of writing that is pictographic and ideographic (like Chinese) versus one that is alphabetic? Advantages: A single characater can mean an entire phrase or can have multiple meanings. If you are fluent in the meanings, then it is easier to read and ideas can be connected together more quickly. If the pictographs represent everyday things that everybody knows, it may be easier to learn to understand the language on the more basic level. Disadvantages: It could take a very long time to learn it all. For example, it could take a very long time to learn all the letters that represent one idea or thought. It has a wider interpretation, something may mean one thing to a person and slightly different to another. For example, a letter could represent a cat , could be seen as a panther to somebody else. 3. How do early east Asian religious beliefs and practices differ from those of the other early cultures you have studied so far? What do these differences imply about the societies’ structures and their most important values? East Asia did not have a main or official type of a religion. They only followed the rule of the Mandate of Heaven. A leader is chosen by heavenly powers to govern within his realm. If the ruler was successful in his duties then the heavenly powers would rejoice. If the ruler failed then the heavenly powers would withdraw a mandate to rule and a better deserving person will take that rulers place. The peoplel of east asia did not worship one certain deity at all unlike the other socieites . They also believed in the veneration of their ancestors. People believed that with doing good deeds and having great virtue throughout the family, then the ancestors will lead them to propser when they meet their ancestors. The region of Mesopotamia was under the belief of polytheism or many gods. Egypt was under the belief of many gods but mainly environmental gods, such as Ra the sun god, and the afterlife. How to cite Chapter 5 Quiz, Papers

Wide sargasso sea free essay sample

Critical approaches to Wide Sargasso Sea Ð’Â » Contemporary critical assessments Modernist approachesFeminist approachespsychoanalytlcal criticismpost-colonlal approacheschallenglng European cultural supremacyA revised perspectlvepost- colonial approaches and ChristophlneHlstorlclst approaches Modernist approaches These tend to avoid racial and political commentary on the novel. They focus instead on such aspects of form as: Jean Rhys pared down style Her interest in representing the inner life and fragmented identities of her characters via stream of consciousness Her use of multiple narratives Wide Sargasso Sea presents a challenge to these approaches. Although the novel retains Rhys characteristic style, it is not set In an early twentieth century urban world but a century earlier in the Caribbean. The novel also has links with earlier, non-Modernlst kinds of writing like the Gothic. Feminist approaches An approach through the novels treatment of female experience Is a standard critical perspective. The novel was published as the second wave of the fernlnlst movement was getting under way in the 1960s, so that many of its early (and later) readers had a particular interest in examining literary texts from this perspective. Jane Eyre, too, has been the focus for feminist approaches. One of the most famous was by two American academics, Sandra Gilbert and Susan Gubar. In 1979 they published The Madwoman in the Attic; the Woman Writer and the Nineteenth Century Literary Imagination. In this study, they took Bertha Mason as a symbolic figure, one who represents the way in which womens voices were silenced or suppressed in nineteenth century society and the way In which that affected literary texts. Wide Sargasso Sea can be seen as another, fictional, treatment of the same theme. For more Information on this, see the Texts In detail Jane Eyre Critical ttitudes to Jane Eyre Feminist criticism and literary history. Feminist literary criticism is broadly based and makes use of a range of other critical perspectives. One frequent adoption is to make use of psychoanalytical criticism, particularly in relation to female characters. Psychoanalytical criticism This approach is derived from the ideas of Sigmund Freud and uses some of the techniques of psychoanalysis to interpret literature. Critics might consider the way in which the unconscious aspects of a characters mind are represented or the degree to which a character has repressed experience. Like Freud and Carl Jung, they may also investigate the significance of dreams, fairy tales and myths as ways of accessing the unconscious. A good example of a critic making use of this approach for feminist purposes can be found In Elizabeth Baers The Sisterhood of Jane Eyre and Antoinette Cosway from a collection of essays called The Voyage In; Fictions of Female Development published In 1983. The second dream/chapter In Antoinettes Ilfe/novel occurs during her stay at the Mount Calvary convent: again the dream is triggered by strangers. Her stepTatner nas vlsltea ner ana announced ls Intentlon to wltnaraw her from the convent and introduce her to some English friends. He refers of course, to Rochester. Although Antoinette cannot consciously or rationally know what her fate will be as a result of this meeting, she has a strong sense of foreboding this dream, far more concrete and threatening than the first, warns of the quickening approach of Rochester. It revises the fairy tale marriage and honeymoon of Antoinette and Rochester, revealing the brides sexual initiation to be a loss of power and control. The sudden transformation, a commonplace in fairy tales, turns he natural forest into a cultivated garden: her marriage is a trap, an imprisonment. Ultimately it is a descent into madness. Post-colonial approaches Challenging European cultural supremacy One important strand within post-colonial approaches concerns their challenge to classic Western and European literary texts. They object to the way in which such texts claim a universal significance on the grounds that they are great works of art and have value in all cultures and for all times. Post-colonial critics analyse such text s and identify where white, Western values are being promoted at the expense of other ultures and the way in which these other cultures are marginalised. This approach is also concerned with the way in which Western cultures construct Non-western cultures as the Other. In Western literary texts, this can result in colonial territories being represented in contradictory ways: As decadent and lazy As exotic and seductive. A revised perspective Post-colonial criticism emerges in parallel with new writings from former colonies. In these writings, the authors tell the story of colonisation from the perspective of their people. They Write back to challenge and revise the colonial version of their history nd experience. Wide Sargasso Sea is one of the best known of such writings and it has been the subject of a good deal of scrutiny from a post-colonial perspective. However, the author and the novel pose a challenge to this approach. Jean Rhys white Creole background has meant that some critics were reluctant to include her in a distinctively Caribbean literary tradition because she was a white woman from a formerly slave owning family and she had spent a long exile in Europe The racial divisions in the novel are not clear-cut. Antoinette herself identifies with black characters, like Christophine and Tia. Rochesters Englishness also comes under unfavourable scrutiny in Part two of the novel. Post-colonial approaches and Christophine Several post-colonial analyses of the novel focus on the figure of Christophine and the complex role she has in the novel. One of the best-known is by Gayatri Chakravorty Spivak, published in 1985: Christophine is the first interpreter and named speaking subject in the text. The Jamaican ladies had never approved of my mother, because she pretty like pretty self Christophine had said, we read in the books opening paragraph. I have taught this book five times [but] it is part of the olitical argument I am making that all these students blithely stepped over this paragraph without asking or knowing what Christophines patois, so-called incorrect English, might mean. cnrlstopnlne Is, 0T course, a comm001Tlea person. sne was your Tatners weaalng present to me explains Antoinettes mo ther, one of his presents. Yet Rhys assigns her some crucial functions in the text. It is Christophine who Judges that black ritual practices are culture-specific and cannot be used by whites as cheap remedies for social evils, such as Rochesters lack of love for Antoinette. Most important, it is Christophine alone whom Rhys allows to offer a hard analysis of Rochesters actions, to challenge him in a face-to-face encounter Her analysis is powerful enough for the white man to be afraid: l no longer felt dazed, tired, half-hypnotised, but alert and wary, ready to defend myself. On the other hand, post-colonial critics have pointed out that Christophines characterisation is very stereotyped. Spivak herself dealt with this issue and it has been taken up by other critics. In 1993, Maria Olaussen connected Christophine to the stereotype of the black mammy, a nurturing lack servant fgure found in many novels and films: Christophines most important function as a powerful protector and nursing mother-figure is introduced against the backdrop of the information that she was a wedding gift. The life of the white family is now in the hands of a person who was once their property When her own mother pushes her away and finds her useless, Antoinette turns to Christophine for the mothering she needs. It is Antoinette who finds Christophine useful Antoinettes mother, the white lady, develops only her feminine qualities in spite of their distressing situation. These qualities, such as beauty, fragility, dependence, and passivity make it impossible for her to change actively their situation. They make her unable to care for her daughter or to perform the most necessary household tasks. Antoinettes mother concentrates her energies on survival in a feminine way in that she does everything to get a new husband Christophines function in the novel has to be understood within the overall context of the white womans tale. Historicist approaches Wide Sargasso Sea is an historical novel and historicist critics have been interested in Jean Rhys choice of the post-slavery period in the Caribbean as the historical setting for her story. They have examined ways in which Rhys own identity as a white Creole was shaped by this history and why she identified this period as a crucial one in the history of racial division in the Caribbean. Maggie Humm, writing in 1991, examined the British post-war context in which Rhys was rewriting and revising the manuscript of Wide Sargasso Sea. The 1950s and 60s were decades in which there was considerable immigration from the Caribbean into Britain. A process of colonisation n reverse was in progress. This new cultural situation conditioned, she argues, not only Jean Rhys writing of the novel but also its reception by readers and critics. Humm also makes a case for the text as conditioned by Rhys and her husbands frail health in these years. She says that Jean Rhys was ambivalent and sometimes even hostile about receiving care from black nurses in hospital. However, in her characterisation of Christophine in Wide Sargasso Sea, she was able to resolve these tensions in a nurturing fgure who countered the racism at work in the wider British culture and within Rhys herself.