Economic globalization has become the most important feature and a general trend of present world economic development. Globalization is a phenomenon and also a process of development of mankind and human society (Hamilton, 2008). It is the essential feature of the modern age. Globalization is the cross-border flows of capital and goods, including capital, labour, technology and natural resources (Bozyk, Misala & Pulawski, 2002). Economic […]

Many in industrialized nations argue that lax standards in developing nations permit unethical treatment of workers and create unfair trade advantages (J. Lawrence French and Richard E. Washout, 2005). Abuse of child labor leads to many reactions of people who are neither social activists social activists to protest such corporate practices nor social community rather they can lead to complexity and can be called either […]

Globalization has been the main theme of most news articles, magazines and even to most policies that exist in many countries around the globe today. Globalization transforms various things and ideas in order to come up with a new set of products and services that will meet the present demand of the market. With the increasing knowledge of many scholars regarding the effects of globalization […]

In the past ten years, the world’s economy has experienced accelerated levels. Saturation and restrictive planning let the developed markets have prompted operators to look abroad for growth opportunities. In order to gain the maximum profit form foreign markets, it is essential for global retailers to understand their consumer behaviour as well as the economic and political environments in their regional markets. 4.1 Global consuming […]

American economy has seen a vast change in the 21st century with the globalization which has opened the global markets making goods easily accessible. US companies have turned to the global market in search of cheaper goods as the cost of production and labor is much less. This expansion into the global market is aided by eliminating trade restrictions and has revolutionized the American markets. […]

Globalization is a term that includes a wide range of social and economic variations. It can encompass topics like the cultural changes, economics, finance trends, and global market expansion. There ought to be positive and negative effects of globalization – it all comes as a package. Globalization helps in creating new markets and wealth, at the same time it is responsible for extensive suffering, disorder, […]

Walden university Alexandra Salsas August 3, 2014 Globalization is an objective with which all companies include nowadays; the global expansion allows firms to increase their profitability and thus consequently the profit growth. As the article mentions the pursuit of a Just society involves carefully balancing two contradictory necessities with regard to the corporate sector. Since reparations are responsible for much of the wealth and many […]

Introduction Social inequality is an issue that is much debated today within the social sciences, as well as other disciplines. Although very few would deny that social inequality exists and has always existed in human societies, it is not always clear through what mechanisms it manifests itself, along what lines it progresses, and how we can make life better for those affected by global inequalities. […]

In the sphere of communication and culture, globalisation can appear as a form of access to foreign data or the capacity of individuals living in previously isolated nations to convey to the outside societies efficiently; so the world turns out to be smaller and brings people closer than before (Tomlinson, 1997). Time and space matter less as individuals communicate through trade, Internet discussions and different […]

Are cultures diminished or enhanced through the process of Globalization? An essay by Jaclyn Macdonald- 389686 Globalization offers opportunities but presents problems. Connectivity between cultures is developing at an exponential rate. This has ramifications for individual cultures. Increased interaction, principally through new media and greater global mobility creates opportunities to enhance cultures but it carries with it the risk of cultural erosion as external influences […]