Globalization - 1448 Words

Q1: Define Globalization 1.0, 2.0, 3.0 and provide a sample of the type of business data managers collected during each era. Globalization 1.0 started in 1492 when Columbus set sail and lasted until about 1800. As it’s in our book, in this era countries dominated by white men controlled businesses, mainly about governments and countries. The various colonizing peoples were concerned about the extent of their individual power and the best way to extend their influence. The power of individual nations began to be felt in many places on the globe. Sample data during this era would be what politicians are mainly interested in. as a business owner, data mainly about demand of product in particular region (as its the time before global†¦show more content†¦Q6: Argue for or against the following statement: â€Å"The world is not flat (in Friedman’s sense of the term) because many undeveloped countries are not connected electronically. I personally dont agree to it, a fter studying the 10 flatteners I think Friedman is right, the world is flat. Everyone is connected; internet is in every part of the world. Im from Pakistan where even farmers, construction workers, no matter what society level one belongs to, everyone has a cell phone. Access to computer and internet is easy and accessible due to internet cafes. People are in touch with the world and business around the world, they can get data of whatever information they need right on their cell phones, from TV, radio, internet (at home of internet cafe). Business information is available to anyone and everyone. because of internet, we all have become part of the global economy and the information is just a click away. Now we are at a point that we don’t even know what next revolution/Flattener could be. Sometimes i think there has been so much revolution is there any room left for more? What will be next? Q1: Define the three types of decision making systems, and explain how Obama’s campaign team used them to win votes. The three main decision making essentials are, operational, managerial and strategic. â€Å"At operational level, employees develop, control, and maintain core business activitiesShow MoreRelatedGlobalization : Globalization And Globalization Essay1009 Words   |  5 Pageshistory of globalization. Available at: http://yaleglobal.yale.edu/about/history.jsp (Accessed: 30 October 2016). Eriksson, J. (2013) The current state of Globalisation - bearing consulting. Available at: http://blog.bearing-consulting.com/2013/10/15/the-current-status-of-globalisation/ (Accessed: 31 October 2016). Globalization I - the upside (2013) Available at: https://www.khanacademy.org/partner-content/crash-course1/crash-course-world-history/nationalism-imperialism-globalization/v/crash-course-world-history-41Read MoreGlobalization And Globalization1050 Words   |  5 PagesCourse: 221.614.01 CLASS PAPER Topic Choice 18: â€Å"On balance, globalization expands rather than contracts opportunities for economic prosperity around the world.† Why do you agree or disagree with this statement? Please support your answer with appropriate examples. Globalization has impacted almost every part of the modern world; it can be characterized by economic, political, and cultural integration. 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Globalization of business is the change in a business from a company associated with a single country to one that operates in multiple countries. Impact of Globalization: Market globalization is the decline in barriers to selling in countries other than the home country. This change will make it easier for your company to begin sellingRead MoreGlobalization And Its Effect On Globalization882 Words   |  4 PagesIn this report I am going to characterize the importance of Globalisation and evaluate the effect of globalization in transit the business work. Globalisation alludes to the procedure of connection and joining among the general population, organizations and additionally administrations of nations around the globe, especially as far as exchange, venture and innovation. The procedure of globalisation, impacts affects the earth, society, political frameworks, financial advancements, thriving and humanRead MoreGlobalization : The Globalization Story1361 Words   |  6 PagesThe Globalization Story Most portrayals of globalization emphasize a natural and progressive view of increased international integration as a result of developments in transport and communication. As this occurs, it is important to remember that such integration is part of the larger historical process of industrialization and, like industrialization, globalization is the product of choices made by powerful actors. As a result of these choices, life has changed all over the world, but these changesRead MoreGlobalization And Its Impact On Globalization1791 Words   |  8 PagesSince the term globalization became a prominent feature of global interactions during the 1980s, different changes have taken place within the global political, economic, and social spheres which has in turn resulted in a judiciously interdependent world compared to previous eras (Christopherson, Garretsen, Martin, 2008). Globalization is mainly influenced by two overriding factors- liberation of global markets/economies coupled with the increasing development of new technologies. The latter nonetheless