ANNALS‚ AAPSS‚ 570‚ July 2000 GLOB AL IZA TION’S CUL TURAL CON SE QUENCES THE ANNALS OF THE AMER ICAN AC A DEMY Globalization’s Cultural Consequences By ROBERT HOLTON ABSTRACT: Globalization has been associated with a range of cultural consequences. These can be analyzed in terms of three major theses‚ namely‚ homogenization‚ polarization‚ and hybridization. The homogenization thesis proclaims that global culture is becoming standardized around a Western or American pattern. While some evidence
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Multinational Corporations and Foreign Direct Investment: An Analytical Look at their Determinants‚ Characteristics‚ Costs and Benefits for Host and Investing Countries. As Foreign Direct Investment (FDI) flows have increased dramatically in recent decades‚ the issues of FDI have attracted strongly scholarly interest. First of all‚ FDI is defined as an investment in one economy by a multinational or transnational corporation based in other country. It involves a long-term relationship and either
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Marriott Corporation: The Cost of Capital April 2012 Executive Summary Determining the appropriate cost of capital for new investment projects for a diversified company like the Marriott Corporation is not an easy endeavor. However‚ it is an important exercise because the more effective the process‚ the better it can help to support the company’s growth objective with its financial strategy. The four components of the financial strategy are: manage rather than own hotel
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CHAPTER 5 The Balance of Payments and International Economic Linkages EASY (definitional) 5.1 A balance of trade deficit results in a current account a) deficit b) surplus c) IMF intervention d) World Bank loan Ans: c Section: Current account Level: Easy 5.2 The change in private domestic borrowing or lending required to keep payments in balance without adjusting official reserves is called a) the net liquidity balance b) the balance of payments c) the balance on current account
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BRICS Economy: H&M Expanding to another country is a risk per se‚ so the company known as one of the largest retail clothing companies of Sweden‚ needs to make a clever decision basing themselves on what they have already seen of these groups of countries. BRICS announced two years ago according to the New York Times that they would establish a system that would allow them to bypass the dollar and other global currencies when trading among themselves. If H&M expands to the BRICS economies it will
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America has dealt with many up and downs‚ when comes to its economy. Therefore programs like the welfare have been created and designed in order to help society get back on their feet. Yet many different questions arise throughout the country‚ when it comes to welfare aid programs. Such questions like‚ welfare benefits pays more that an entry level job? Or the welfare is being too generous to lower class people. As a result in my macro economy class each student was assigned with a very interesting article
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“An analysis of the effects of collectivisation on the USSR” Contents page Abstract.......................................................................Page 2-3 Introduction..................................................................Page 4-7 Investigation................................................................Page 8-15 Conclusion...................................................................Page 16-17 Bibliography:....................................................
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unacceptable in order to complete and pass any given assignment by the professors‚ or schools standards. The different methods of cheating have changed and evolved over the past years‚ and like any other unethical decision has continued to result in consequences that could possibly affect students for the rest of their lives. I remember my classmates in elementary school cheating on tests and getting caught most of the time. Many of my classmates in high school got after school detention for cheating
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Identify a global organization with a multinational presence. Identify and research a cultural issue that affects this organization’s interactions outside the United States. Define the issue and provide an overview of how it became an issue in the organization. Prepare an analysis of the ethical and social responsibility issues your organization must deal with as a result of being global. Write a 1‚050- to 1‚400-word paper summarizing the results of the analysis. Include the following: Identify
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Whistleblowing and Its Consequences Whistleblowing is an act that has become more prevalent in the corporate and private sectors. A whistleblower is described by Liuzzo (2013) as “…a person who reveals to a governmental authority‚ or to news media‚ confidential information concerning some wrongdoing or conduct that he or she regards as unethical” (p. 28). Some of the most notable cases in United States history have involved corporations‚ utility companies and the President. Some cases have been
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