chapter 2 PERSPECTIVES ON GLOBALIZATION chapter outline ™ Introduction ™ What is globalization? Globalization of markets Globalization of production ™ Methods of internationalizing operations Outsourcing Foreign direct investment (FDI) ™ Th eories of international business expansion Early theories of FDI Th eory of incremental internationalization Dunning’s eclectic paradigm ™ Changing patterns of FDI Destinations of FDI Outward investors ™ Impact of globalization on societies Economic
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Land of Opportunities I’ve been here for almost two months. Observing and listening to other people’s advice.. Back in the Philippines‚ I worked in the Government for about 8 ½ years.. being the chief of political affairs of our Mayor in the City‚ I have the opportunity in dealing with different kinds of people‚ from rich to the poorest‚ from (few only) kind politicians to (too much) corrupt Politicians. And most of the problems that I encounter are in Legal aspects. From land issue‚ to accidents
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The Career Opportunities for BSHRM Graduates The research aims to determine the performance of the Hotel and Restaurant Management graduated students particularly in University of Caloocan City – Camarin Campus. The researchers would like to know whether they excel on their chosen career. They decided to take on this study to know and understand different opinions from the BSHRM graduating and non- graduating students. As we all know‚ as we all know‚ the Bachelor of
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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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debated topic among businesspeople‚ economists and politicians in the recent years. Globalisation is defined as “the shift towards a more integrated interdependent world economy” (Hill‚ Cronk‚ & Wickramasekera‚ 2008). The trend towards greater globalization has been driven by two macro factors. The first factor is the declining trade and investment barriers that have occurred since the end of World War 2 (Hill‚ Cronk‚ & Wickramasekera‚ 2008). The next factor is the dramatic technology developments
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Everyday‚ we live life as if we are safe from danger. However‚ disaster is always waiting around the corner and can strike us when we least expect it. Although such disasters can be catastrophic and hard to recover from‚ they are also beacons of opportunity because such disasters can keep us alert and aware of other possible similar events‚ and such disasters can also help us prevent or mitigate damage caused by future disasters. Once very tragic crisis shocked the whole world‚ yet it also brought
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A. What is globalization‚ and what are some of the traditional international trade theories that support the concept of globalization? Globalization refers to the shift toward a more integrated and interdependent world economy. General Agreement on Tariffs and Trade (GATT) and its successor‚ the World Trade Organization (WTO); the International Monetary Fund (IMF) and its sister institution‚ the World Bank; and the United Nations (UN). (Hill‚ 2009) McDonalds would be a great example of international
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Wal-Mart Globalization Strategy Story line: • Background and general globalization strategy o Things like continuum spectrum – where is Wal-Mart local /global etc. o International growth strategy like – JV and Acquisition o Discussion industry level ‚ firm level‚ globalization o Discuss summary of general globalization • Latin America ( Andy)‚ Europe( Kim)‚ Asia Markets( Phani) – o What are things that Wal-Mart done successfully to adopt? Bringing in organizational processes that were
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Opportunities 1. Kfc Malaysia KFC began with Colonel Harland Sanders. Today‚ KFC Malaysia continues to serve finger lickin’ good‚ succulent pieces of chicken. The flavourful blends of 11 herbs and spices give KFC’s delicious aroma. KFC prides itself as a fast-food restaurant that give customers great tasting chicken with a selection of home-styled side dishes and desserts to make a wholesome‚ complete and satisfying meal. In 2006‚ the successful first steps were taken to rebrand our Rasa Ayamas
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Group 1 Chapter 9: ethics and globalization Class: Thursday afternoon In this chapter‚ we will learn about ethics and globalization. The content will have some main points. Firstly‚ we will discuss about the ethical issues arising in global business. Secondly‚ we will mention the issue of ethical relativism in global environment and the challenges in developing a global code of ethics. Thirdly‚ we will focus on the ramifications of the UN Global Compact and finally‚ we will talk about the OECD
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