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Research Paper on Globalization


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What is Globalization?

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The music industry has been around for over two centuries PBS. The music industry is comprised of many different components, organizations and individuals that…. Globalization is the process by which different societies and cultures integrate through a worldwide network of political ideas through transportation, communication, and trade. Generally, globalization has affected many nations in various ways; economically, politically, and socially.

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The media have played a vital role in shaping fashion into the complex cultural phenomenon it has become. Photography, and later film and television, have medialised fashion. Fashion has become an intrinsic…. Introduction The seminar paper will argue that teaching culture should be a vital part of every English class. It will point put the various benefits that this teaching brings. By learning culture, students will gain practical communicative competences and knowledge of how to behave in a certain social situation.

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The destruction of local culture Many local practices fall out of fashion with greater exposure to western views. The increases in power among multinational executives Most of the products that we use on a daily basis are produced by a handful of companies.

The spoiling of previously inaccessible habitats Easier access to travel has meant that many locations hat were once considered remote can now be accessed by more and more travelers. Greater spread of infectious diseases With the ease of transport, an infectious person can travel to every continent within the space of a week and spread an illness before the medical community even names it. Decreased life spans In some parts of the world introductions to the Western diet have led to obesity which decreases the lifespan.

Basically, this process affects the world at the present moment as well and, what is more, the impact of globalization steadily grows stronger. At the same time, the impact of globalization is not limited by the economic sphere only. Nowadays, it is obvious that even though the process of globalization was stimulated by the growing economic cooperation between countries, at the present moment economic integration of countries contributes consistently to the political and cultural integration.

As a result, countries start to form international alliances and unions, such as the EU, which overcome national borders. Moreover, the number of international organizations, such as WTO, that facilitates economic, political and cultural relations between countries is constantly growing. On the other hand, the process of globalization produces a profound impact not only on the development of countries but it also affects the development of companies.

One of the major characteristic of the process of globalization on the corporate level is the emergence of multinational corporations that play the leading role in practically all industries and nowadays they are viewed as leading powers in the world economy. At any rate, it proves beyond a doubt that it is multinational corporations that, to a significant extent, define the economic development of many regions, the implementation of technological innovations, scientific researches and progress at large.

Such a shift on the corporate level naturally affects the role of nation states, which also changes consistently. In fact, nowadays, it is possible to estimate that in the result of economic development, technological and scientific changes, new political trends, the world is entering a new stage of globalization, which effects cannot be predicted absolutely precisely, but still it is possible to forecast what the world should expect in the future under the impact of the new stage of globalization.

On analyzing the future perspectives of the process of globalization and the world development, it is necessary to underline that the economic development will be determined by four major dimensions: Basically, even nowadays it is possible to observe the shift to the growing role of these four dimensions that produce a significant impact on business decisions, while in the future their role may become determinant. In this respect, it should be pointed out that the development of communications is, to a significant extent, defined by the development of new technologies which provide larger opportunities for the development of communications.

One of the major characteristics of the contemporary communications is the facilitation of the process of communication and elimination of geographical boundaries. What is meant here is the fact that the contemporary communications provide ample opportunities to maintain contacts between people in different parts of the world. In actuality, companies can use contemporary communications to develop links with their business partners or affiliates. In the future, the role of communication will grow even more because the process of globalization has practically eliminated boundaries between countries.

Therefore, companies got ample opportunities for the development of their business in different parts of the world but, in order to provide the effective work of its affiliates or maintain the permanent contacts with business partners.

In practice, this means that communications are strategically important and may play the key role in the international market expansion of a company, for instance, because, being deprived of effective communications, a company will more likely be doomed to failure. Obviously, communications can provide a more effective system of control over the production process that is important for the maintenance of the high quality of products and services. For instance, companies based in well-developed countries can develop their business in developing countries where the qualification of the labor force is consistently lower.

Consequently, such companies need to control the production process and communications are extremely helpful in this regard. Moreover, it is obvious that knowledge and information are major factors that determine the commercial success of any company, especially companies focusing on the implementation of innovation. At this point, it is necessary to underline that communications contribute to the more effective sharing of knowledge and information between different units of a company.

In actuality, it is possible to develop projects, involving specialists that live and work in different parts of the world and, due to the contemporary communications, they can interact effectively in spite of their geographical location. Also, logistics is one of the key elements of the stable and effective functioning of contemporary companies and communications contributes consistently to the improvement of logistics, while in the future it will play even more important role.

In this respect, it should be said that the development of e-commerce, for instance, makes the shipping and logistics practically impossible without the use of contemporary communications and in the future this trend will grow stronger. The capital is traditional an important, constituent element of the contemporary business and, according to K.

Ohmae, capital will be of a paramount importance in the process of business decision making in the future In fact, the free movement of capital that could observed nowadays indicates to the perspective of the large progress of direct foreign investments, which increases the cooperation between countries and facilitate consistently the penetration of companies into foreign markets.

Even though the effects of the free movement of capital in the form of investments may be quite controversial for local economies, the development of the future economy is hardly possible without it. On the one hand, significant investments of multinational corporations can undermine the position of local companies, but, on the other hand, they stimulate the development of the local economy through the partnership with the local suppliers, partners, etc. The major trend that could be observed in the movement of capital even nowadays is the growing cooperation between developed countries.

Investments of companies based in the US, Europe and Japan constitute the dominant part of the global investments.

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The pro-globalization critics argue that the benefits that globalization brings to developing nations surpasses or outcasts the negative impacts caused by globalization and may even go a step further to state that it is the only source of hope for developing nations to prosper and stand.

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International economics research paper topics examine the economic interdependence of nations. Research papers on international economics study the integration of world economies. In our increasingly globalized world, international economics affects productivity, imports and .

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Globalization Research Paper This sample Globalization Research Paper is published for educational and informational purposes only. Like other free research paper examples, it is . Coming Up With Globalization Research Paper Topics For College. Globalization is a phenomena that affects almost every facet of modern existence.

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This sample research paper on globalization and development will explore increasing relationships between people, and economic trade among different countries/5(7). Impact of Globalization on Trade and Employment Globalization is the process by which the world is interconnected through technology and powerful infrastructure for the purpose of communicating and managing resources.