I have some material that needs review Factors Affecting Globalization: a. Capital Flows b. Labor Flows c. Technology d. Transportation e.

I have some material that needs review

Factors Affecting Globalization:
a. Capital Flows
b. Labor Flows
c. Technology
d. Transportation
e. Communication
f. Specialization
g. Economic Growth
h. Income Inequality
i. Trade Agreement

Introduction: Of late, there has been a growing debate on
globalization. Those advocating in favor, argue that globalization
reduces cost of production that helps both developed and
developing countries to be more competitive, and in turn, achieve
higher economic growth and prosperity. This is done by minimizing
inefficiencies in the production systems, liberalizing international
trade, free flow of capital and labor as well as transfer of
technology. On the other hand, those who stand against, argue that globalization has brought more destruction than construction. As for
example, it has led to job losses particularly to national countries as
more multinational companies relocate to regions and/or countries
where they can benefit from lower labor-wages. They go on to say
that globalization has also paralyzed small local businesses as they
cannot stand competition from large multinational companies. For
developing countries, globalization has also posed a threat to the
agriculture sector as their markets often get flooded with produce
items from developed countries. The above figure is accompanied
by a number of factors affecting globalization.

Purpose: This assignment is designed to test the students’
understanding of the definition of globalization, fundamental
attributes of globalization and factors driving the process of
globalization and its current trends and possible responses to these
trends. In addition, the assignment is aimed at assessing the
degree to which students can effectively formulate and
communicate their arguments and influence decision-making.
Approach: Using the following questions below, write a no more
than 3-page essay in 12 point font size.
1. What does the term ‘globalization’ mean to you?
2. Select any two factors from the list above affecting globalization
and explain how they contribute to the process of globalization.
3. Describe some features of current trends of globalization and
possible responses to these trends.
Submission of the Assignment: Your essay must be well thought
out using complete and clearly meaningful sentences. At the end of
your answers, include a list of references.

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

KRYSTEL BERGHER PROFILE Accomplished Customer Service Expert committed to the delivery of quality service. Professional and Ethical.

KRYSTEL BERGHER PROFILE Accomplished Customer Service Expert committed to the delivery of quality service. Professional and Ethical. Seeking to assist or help a new customer service department in creating and achieving the much-needed customer service goals. CONTACT ADDRESS: 15851 Southwest 139th Place, Miami FL 33177. PHONE: 305-992-6010 EMAIL: [email protected] om

Business Law BUS 3301 VII Question 12 The principal agent relationship, the employer-employee relationship, and the employer-independent contractor

Business Law BUS 3301 VII Question 12 The principal agent relationship, the employer-employee relationship, and the employer-independent contractor relationship are three types of agency relationships commonly found in business settings. Why is it important for business professionals to know what type of agency relationship they are forming?   Your response must

pfa TASK 1: By Tuesday Evening Reflection and Discussion Forum Week 3

pfa TASK 1: By Tuesday Evening Reflection and Discussion Forum Week 3 Assigned Readings: Chapter 8. Understanding Markets and Industry Changes. Chapter 9. Market Structure and Long-Run Equilibrium. Chapter 10. Strategy: The Quest to Keep Profit from Eroding. Initial Postings: Read and reflect on the assigned readings for the week.