reliable to communicate via Internet‚ phone‚ or satellite. Transportation technological advancements include commercial airlines and containerization (Hill‚ 2009). Commercial airlines make it possible for people to travel globally in a shorter amount of time. Containerization has decreased the amount of labor it takes to ship globally. Furthermore‚ containerization is more efficient and less expensive. The technological advances have affected regional economic development by increasing competition
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policies that are intended to support local employment‚ such as applying tariffs to imports or subsidies to exports. Lower price Some countries Tecnologie Containerization has revolutionized the transportation business‚ significantly lowering the costs of shipping goods over long distances. Reduct chiping cust Employment Containerization has revolutionized the transportation business‚ significantly lowering the costs of shipping goods over long distances. Benefits Cost A number of political
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Drivers of Globalization There are two main drivers of Globalization which seem to underlie the trend towards greater globalization. First is the decline in barriers to the free flow of goods‚ services and capital that is occurred since the end of World War II. And the second driver is technological change in particular areas which has dramatic development in recent years as communication‚ information‚ processing‚ and transportation technologies. Declining Trade and Investment Barriers –
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Internet makes it easy for buyers and sellers to conduct business without having to leave their home or office. Transportation technology has advanced with the development of containerization‚ superfreighters‚ and commercial jets. Commercial jets have reduced the time it takes to get from one place to another and containerization has lowered the cost of shipping goods around the world. * Effects of Globalization on Community The values and norms of an individual’s culture are
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The term ‘globalization’ is one that is widely used to describe the connections between countries all over the world. A large corporation in Canada could be communicating with a partner in Asia. Businesses can now have branches all over the world and can afford to import many different products due to globalization. Global business has grown over the years as trade barriers have been reduced‚ communications have become more advanced‚ and transportation technology is changing by the day. The world
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Submit to Lecturer: Max Ee by 20th May 2009 Table of Contents Introduction 1 Chapter 1 Part 1 Standardization of Containerization 1.Common type of container 2-4 2.Benefit of Standardization in container 5 3.Evolution of container 6-7 4.Initiative standardization of container in Singapore 7 Part 1 Standardization of Containerization 5.Common type of pallet 8-10 6.Benefit of Standardization in pallet 11 7.Case Studies of successful standardisation project 12 Conclusion
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INTRODUCTION After products are produced and priced‚ they must be distributed to the marketplace. All organizations perform a distribution function. The distribution function is vital to the economic well-being of society because it provides the goods and services desired by the consumer. Economists often describe the value of distribution in terms of ownership‚ place‚ and time utility. The marketer contributes to the product’s value by getting it to the right place at the time the consumer wants
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Bibliography: 11. Dr. Hariharan K V.‚ “Containerization and Multimodal Transport in India”‚ Shroff Publications‚ Mumbai‚ 2001 12 13. Girish Gujar‚ “Growth of Containerization and Multimodal Transportation In India”‚ Maritime Economics and Logistics‚ 2005/2006
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was genuine c. Paid bills regularly d. No problems e. Open account 3. Jim Mason – Sales Manager f. 1st impulse i. FOB factory price + Export Packing + inland freight cost FOB Price 21‚500.00 Containerization 200.00 Inland Freight 798.00 Semi Total 22‚498.00 ii. Additional fees that the buyer would bear: Documentation Fees $ 90.00 Ocean Freight 2‚633.00 Semi Total $ 2‚723.00 Total $ 25
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The impact of Port in logistics Abstract: Modern logistics is a new growth point of the 21st century the world economy‚ known as "the third profit source". Along with competitive increasingly in the global market‚ the enterprise management become more crucially even brings the attention from government today. Logistics control ability tends to reflect the core competitiveness of a region. Logistics control can control the market. Ports are not only the joint between hub and foreign exchange window
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