Main reasons that have caused globalisation 1. Improved transport‚ making global travel easier. For example‚ there has been a rapid growth in air-travel‚ enabling greater movement of people and goods across the globe. 2. Containerisation. From 1970‚ there was a rapid adoption of the steel transport container. This reduced the costs of inter-modal transport making trade cheaper and more efficient. 3. Improved technology which makes it easier to communicate and share information around the world.
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can buy a part of a company in Indonesia on one day and sell parts of another business in China the next‚ thanks to globalization. Fast food companies open shops around the world almost every day. Advantages * Globalization lets countries do what they can do best. If‚ for example‚ you buy cheap steel from another country you don’t have to make your own steel. You can focus on computers or other things. * Globalization gives you a larger market. You can sell more goods and make more money
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Working In an International Context How CSR is your company Mike Plummer BURBERRY What is Corporate Social Responsibility? Corporate Social Responsibility (CSR) is a self-regulated system that companies use to ensure that their operations are in line with ethical standards‚ the law and the norms of society. CSR aids companies in taking responsibility for their actions and “encourage a positive impact through its activities on the environment‚ consumers‚ employees‚ communities‚ stakeholders and
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political and socioeconomic development of nations across the globe. It looks at the continued increase in the collapse of trade barriers and increased world trade and integration; globalization can be seen as an extension that regularly restructures the way nations interact amongst themselves by breaking down their individual barriers in areas of culture‚ commerce‚ finance‚ communication‚ and several other fields of struggle. This on-going change can be seen from its thrust of legitimate governance‚ liberal
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Corporate social Responsibility (CSR) practices are fast gaining importance as a means for companies to gain market access and customer loyalty‚ thus resulting in long-term business sustainability. What are the drivers pushing business towards CSR and how important is it. CSR Summary Corporate Social Responsibility (CSR) is the continuous commitment by business counterpart to behave ethically whilst contributing to the economic economy of the country without neglecting the living standard of its
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The Either/Or Outlook Either/or Outlook – a claim that presents an artificially limited range of choices. An either/or fallacy occurs when a speaker makes a claim (usually a premise in an otherwise valid deductive argument) that presents an artificial range of choices. For instance‚ he may suggest that there are only two choices possible‚ when three or more really exist. Those who use an either/or fallacy try to force their audience to accept a conclusion by presenting only two possible options
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Explain what is meant by the term globalisation. Identify and analyse the key drivers of the process of globalisation over the last twenty years. During the mid 1990’s the International Monetary Fund has defined globalisation as: ‘The growing interdependence of countries world-wide through the increasing volume and variety of cross-border transactions in goods and services and of international capital flows‚ and also through the more rapid and widespread diffusion of technology’ (Turner
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Development and Globalisation Development A process of social and economic advancement in terms of the quality of human life. Development can involve can involve economic‚ demographic‚ social political and cultural changes. Development is a term that can be used in many different contexts whether it is social‚ economical‚ political etc. However generally development refers to an improvement in certain areas: • Economic o An increase in the country’s economy with
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Nike CSR Corporate social responsibility can be defined as the "economic‚ legal‚ ethical‚ and discretionary expectations that society has of organisations at a given point in time" (Carroll and Buchholtz 2003‚ p. 36). The concept of corporate social responsibility means that organizations have moral‚ ethical‚ and philanthropic responsibilities in addition to their responsibilities to earn a fair return for investors and comply with the law. A traditional view of the corporation suggests that its
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Economies have the most impact on a country and it’s people. The economy can be impacted by many different aspects including illegal or socially unaccepted things. Afghanistan has the biggest drug trafficking scene in the world today. Their economic lives off of the money people make and then put back in the economy. Drug Trafficking is the making and moving of narcotics. Afghanistan is the number one person producer of drugs in the the world. There major drug that they produce and move is opium
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