GLOBALIZATION OF MARKETS Theodore Levitt is often considered to be the first to recognize the trend towards globalization and states that: “companies must learn to operate as if the world were one large market – ignoring superficial regional and national differences…” In addition‚ he argues that the companies that do not adapt to the new global realities will become the victims of those that do. Theodore Levitt’s 1983 article about the globalization of markets is one of the most discussed
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For me heroes really exist in reality. And for me my super hero is my mother. My mother actually is an ordinary woman. But for me she can do extra ordinary things. She is always there in times that I feel very hopeless‚ that’s why I really love her. She brought me up with a strong faith and a power to face the toughest challenges in life. She is willing to help everyone’s problems or misery without anything in return. That’s why I’m so very proud of her. For me she’s the best mother in the whole
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Malaysia and the Challenges of Globalization: An Economic Perspective Mansor Md. Isa Faculty of Business and Accountancy University of Malaya 50603 Kuala Lumpur‚ Malaysia mansor@um.edu.my Paper presented at the “10th Biennial Tun Abdul Razak Conference”‚ Multicultural Center‚ Ohio University‚ Athens‚ Ohio‚ USA‚ 11-12 May 2007. Malaysia and the Challenges of Globalization: An Economic Perspective Mansor Md. Isa‚ University of Malaya 1. Introduction One of the main focus of the
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Globalization: Prosperity or Poverty Introduction Globalization is a word that has recently become a commonplace in two different ways. Firstly globalization inspires visions of global village‚ a place where by all citizen of the world is linked together with high technology system. On the other hand‚ globalization is the one of the consequence that local factory closed down and re-open at another corner of the world where the country with cheap labor and weaker environmental law. Globalization
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Globalization and Inequality June 2010 I. Introduction The processes of global economic integration initiated in the 1960s have deeply impacted economic well-‐being across the globe. A number of observers identify these processes as an important factor contributing to the expansion of
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PAKISTAN AS A SUPER POWER In a recent article‚ “Turning Challenges into Opportunities” we argued that Pakistanis are a brave‚ resilient‚ and highly intelligent people who‚ under a strong‚ determined‚ and patriotic leadership‚ can surmount any crisis. Furthermore‚ there are many reasons that Pakistan could become a global superpower within few decades. Of course‚ in the sublime sense‚ the only superpower is the Almighty Allah. However‚ in more mundane terms‚ a superpower can be defined as
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Globalization and Health Research BioMed Central Open Access The health impacts of globalisation: a conceptual framework Maud MTE Huynen*1‚ Pim Martens1‚2‚3 and Henk BM Hilderink4 Address: 1International Centre for Integrative Studies (ICIS)‚ Maastricht University‚ Maasticht‚ The Netherlands‚ 2Faculty of Natural Sciences‚ Open University‚ Heerlen‚ The Netherlands‚ 3Zuyd University‚ Heerlen‚ The Netherlands and 4Netherlands Environmental Assessment Agency (MNP)‚ Bilthoven‚ the Netherlands
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Executive Summary During the past decade‚ a catchy paradigm or slogan‚ "Think globally‚ act locally‚" has often been used to capture the concept of a progressive change in a global corporation that considers the whole world as its market but at the same time carefully evaluates and adapts to local priorities and requirements. However‚ for many firms‚ implementing this concept or vision has turned out to be a long and difficult process‚ causing not only unexpected and unintended side-effects causing
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Globalization in China and India Globalization refers to “worldwide interconnectedness‚ evidenced in global movements of natural resources‚ human labor‚ finance capital‚ information‚ infectious diseases‚ and trade goods” (Haviland‚ Prins‚ Walrath & McBride‚ 2008‚ p.19). Along with the movements of these products and peoples comes the traveling of ideas and beliefs also. The world seems to have become smaller due to the technological innovations in communication‚ travel‚ and availability of
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Analyze issues of globalization and localization Abstract: How hotel companies keep being successful in international hotel industry (IHI). Nowadays‚ the stiff hospitality industry situation puts more stress on hotels‚ especially on international ones. Furthermore‚ clients who purchase hotels’ products are not only for a place to stay‚ but more eager to pursuit for an impressive accommodation experience. Globalization helps hotel corporations represent themselves to the world and succeed in operation
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