BOOK REPORT: The World is Flat by Thomas Friedman Thomas Friedman’s The World Is Flat: A Brief History of the Twenty-First Century is a bestselling book in which he examines an in depth analysis of globalization in today’s world. It is called the world if flat because it is actually a metaphor for looking at the world as a level playing field in terms of business where all of the competitors have equal opportunities. In this book‚ Friedman talks about ten different factors that play an important
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In chapter 5 in "The World is Flat" Friedman discusses America and Free Trade. Friedman lays out the basic arguments for and against free trade. Friedman first introduces this topic by stating that it is an issue "that needs sorting out immediately‚" followed by his personal experience of a problem with this issue while filming the Discovery Times documentary in Bangalore. The self-identified "free-trader" mentions David Ricardo’s theory of comparative advantage as the theoretical underpinning
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The World Is Flat Book Review Daryle S. Rogers Columbia College Managerial Finance BUSI 570 Dr. Elisa Fredericks June 29‚ 2010 The World Is Flat Book Review The World Is Flat is a book about how the business world has become more interconnected within the last few decades. Friedman describes in the beginning of the book a trip to Bangalore‚ India where he visits “India’s Silicon Valley”(Friedman‚ 2007‚ p. 2) and is amazed at the level of technology that has come to the once third
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To Tax or Not to Tax: The Problem of America Money‚ like a cookie‚ is something everybody wants‚ and when it is gone a person blames everybody else for its absence; realizing later they were the one to consume it in the first place. Taxes‚ since the beginning of an organized economy‚ have been argued over for centuries. At the end of 2012 after surviving the “end of the world‚” tax payers were faced with another apocalyptic situation‚ the Fiscal Cliff. It had the potential to raise taxes to outrageous
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The World is Flat: Critical Book Review The World is Flat by Thomas Friedman gives examples from the past and present to help determine how our world is becoming closer through different technological advances. With his awards in writing‚ not only received for this book but for his other writings in the New York Times‚ it can be assumed that Friedman is somewhat qualified in writing this book. The World is Flat‚ a book about the advancements made in the twenty-first century that will effect
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The Book Hot Flat and Crowded written by Thomas Friedman is a book that shows many problems both with the United States and the world today. Each of these problems has the potential to forever change the world. In fact‚ some of them have already made significant changes. Hot describes the climate change or global warming that the world is experiencing. Flat explains the globalization of marketplaces that is occurring. Crowded depicts the rapid population growth that is occurring which is causing
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ten percent are capable of participating in the new plug and play world‚ that’s three hundred million people‚ more than twice the size of the American work force as of 2005. 11/9/89. The Berlin Wall fell. Allowed the world to be viewed‚ “as a single flat plane”. Enabled globalization. No longer was the world divided into north‚ south‚ east‚ and west. Windows 3.0 shipped five months after the fall of the wall‚ further enabling the flattening of the world. - 8/9/95. Netscape went public. The first commercial
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Tax Avoidance Analysis Tax Avoidance is a legally manipulation for the corporations to lower their tax bill by structuring transactions‚ is also called tax planning. Different with Tax Evasion‚ the Tax Evasion is Criminal and completely illegal. And in generally‚ company which have more profit should have higher tax rate‚ but with the growth of the company‚ many tax avoidance strategy were used by management as result of minimize the tax bills and also without obey the law‚ There are 3 strategies
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m Thomas Friedman’s book The World Is Flat analyzes the progress of globalization and how it has changed core economic concepts. After traveling to numerous countries‚ he came up with the conclusion that the world is “flat‚” in the sense that competitive playing fields between industrial and emerging market countries have been leveled. He provides frequent examples of how countries‚ such as China and India‚ are becoming part of large global complex supply chains. Freidman assures that change is
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Definition of Tax Evasion: Tax evasion usually entails taxpayers deliberately misrepresenting or concealing the true state of their affairs to the tax authorities to reduce their tax liability and includes in particular dishonest tax reporting‚ such as declaring less income‚ profits or gains than actually earned or overstating deductions‚. It is an illegal practice where a person‚ organization or corporation intentionally avoids paying his/her/its true tax liability. Examples of practices which
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