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The impact of globalization on organizations
The impact of globalization on organizations
Impact of globalization in management
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Abstract
Organizations around the world are beginning to appreciate the necessity to develop and master knowledge, skills and abilities to successful compete in international markets. Globalization has created an open world economy in which interdependence among nations is more of a norm. As a result emerging markets such as the Philippines are now becoming hubs for business process outsourcing and manufacturing. This paper aims to explore the possibility of entering Philippines business process outsourcing sector. International marketing principles will be used to analyze the sectors and determine the profitability of a business process outsourcing organization.
Introduction
Owing to its continued economic growth, the Philippines is considered
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The Philippines has a land area of approximately 300,000 square kilometers (115,000 square miles), which makes it about the same size as Italy or the state of Arizona in the United States. The geography is mountainous with narrow coastal lowlands with various topologies that include vast arable lands, mountainous regions, a coastline extending to more than 18,000 kilometers and around 60 natural harbors (Castillo, 2014). The country’s climate is tropical, with average temperature varying from 75oF to 87oF. The largest urban area in the country is Metro Manila, located in Luzon. Metro Manila is a contiguous area consisting of 16 cities and one municipality and has a population of around 12 million people. The cities composing Metro Manila include Manila, the capital city and the country’s major commercial port, Makati, Pasig, Quezon City, and Taguig, the country’s foremost business and commercial centers and the office locations for most of the big national and multinational banks and corporations operating in the
The United States should not annex the Philippine islands, the Philippines, already a country of their own should not be forced to adapt to American culture and civilization. Prior to the annexation of the Philippines, America had major conflict with Spain in order to free Cuba from their brutal tactics for dominance. Tension continued to rise, until President Mckinley decided to take action and go to war against Spanish forces to enable a more stable government as well as provide protection for the citizens of Cuba. After months of fighting, the Spanish admitted defeat and began discussing peace terms of the Treaty of Paris. In this treaty Cuba was guaranteed independence, also the Spanish were forced to give up Guam and Puerto Rico. They Spanish also complied to selling the Philippines to the U.S for 20 million. However, the Filipinos wanted independence, not just a change in who governed them, this desire led many Philippine citizens to break out, beginning the Philippine- American war, which lasted three years, and caused the death of over two hundred thousand American and Filipino citizens.
Regarding “The Age of Globalization” by Alan Brinkley I thought that the reading selection provides good details on timeline of significant events that significantly affected the global economy. The reading selection from the American History textbook starts off with a summary of event of September 11, 2001, and the role they played in the changes within global economy. On the next page we are presented with a timeline of events that will be described later in the reading selection. The purpose of this section is to illustrate how each of those events contributed to the world we live in today, particularly their influence on the global economy.
Globalization is made up of social, economical, technological, heritage, and political alterations that display interdependence and development. Globalization rises the benchmark of living in nations, broadens technological information, and heightens political liberation. The major origin of globalization is the leverage from other nations. Globalization is a method that outcomes from human change and technological development. The communal effects of globalization are apparently illustrated in Peru. Once a third-world homeland topped up with scarcity and oppression, Peru is now transitioning into a evolved nation. In Peru, globalization has increased the human development index, empowered women, and conceived a more powerful country.
In the book Globalization: A Very Short Introduction by Manfred Steger and the reprint Globalization and the Impact of American Popular Culture Abroad by Carl Guarneri, the point is made how recognized globalization has become and how much it has affected citizens around the world. Some of the debates over the effects of cultural globalization are: the West and its multinational corporations after World War II, what it promotes to the world’s people, the views of consumer capitalism’s effects and the repercussions of the globalization of culture.
The tag on my shirt reads “Made in Taiwan,” my pants were made in Venezuela, and my cell phone was manufactured in China. Someone may ask, “How am I driving a car in the United States that was put together in Germany?” The answer is globalization. Products are made and sold across the globe due to globalization. Through modern technology advances, globalization allows countries thousands of miles away from each other to be right next-door, hypothetically. Organizations, people, and companies from all around the world can collaborate ideas and work together with. This is not a new concept. People have been traveling across mass distances to trade products for centuries. However, with the developments that globalization offer, people can exchange goods and insights faster and more efficiently than ever before possible, with minimum effort or financial commitment. Modern communication, such as cell phones, and new technology, like the Internet, are a few of the factors that are advancing globalization at a rapid pace. Globalization is growing quickly and benefitting our world in many ways, both big and small.
The Millennium report advocated that the greatest challenge we face today is to ensure that globalization becomes a positive force for the entire world's people, instead of leaving billions of them behind in foulness. Inclusive globalization must be built on the great enabling force of the market, but market forces alone will not achieve it. It requires a broader effort to create a shared future, based upon our common humanity in all its diversity. Today the most significant changes in the world economy over the past decades are the upsurge in globalization of markets and industries. There are numerous forces that have greatly contributed to the rise of globalization, factors such as reductions in multilateral and regional trade barriers, mergers and acquisition that enhance assess to new markets and competition. Globalization can be claimed to have major and crucial positive implication on the businesses today.
The first inhabitants of the Philippines arrived from the land bridge from Asia over 150,000 years ago. Throughout the years, migrants from Indonesia, Malaysia, and other parts of Asia made their way to the islands of this country. In the fourteenth century, the Arabs arrived and soon began a long tradition of Islam. Many Muslims are still living in the Philippines today.
Urbanization in the 20th century revolves around globalization. This is the link to developments of the 20th century with historical urbanization. The development of urban space and city dwellers depends on the different ways that Americans regulate their cities. Globalization refers to the process of integrating of countries across the world. The process of globalization is accelerated by the dynamic nature of technology, change in price, and liberalization of trade makes it easier for countries to merge their trade rules, minimizing competition. The countries of transition show integration of the global economy as characterized in specific regions. The concept of globalization is complex and controversial happening over time. The growth of globalization over the year’s takes time as numerous features requires the global economic integration. Globalization ensures internalization of the products produced by different countries. The use of globalization in business aids in securing changes in production structure. In the end, the business entities make links with the deepening of capital in international flows. The process of globalization is a process that is likely to be reversed (Datel 125).
Globalization describes the increased movement of people’s knowledge, ideas, and money across national borders that have led to increased interconnectedness between the world 's populations, economically, politically, socially and culturally. Sometimes globalization is thought of as the global marketplace, and this process has social and political implications as well. Globalization is thought of throughout the world as making societies educated and wealthier through trade to people around the world. Some people see globalization as a factor in the exploitation of the poor and as a threat to traditional cultures by the wealthy, as modernization changes societies. Location, rather than resources, has pushed places to the center
“You 're right, we do have a lot in common. The same Earth, the same air, the same sky... Maybe if we started lookin ' at what 's the same, instead o ' always lookin ' at what 's different, well, who knows?” Meowth says this in Pokémon: The First Movie as he realizes that he and his clone do not have to fight each other. While the quote signifies peace and harmony in the movie, it can be applied to globalization in the real world. This phenomenon is making the world more interconnected, and it brings everyone in it closer to one another. At the same time, it creates many changes that in turn affect my way of living in the coming years. Due to an increasingly globalized culture, my future lifestyle will improve because of more technological
Globalization can be defined as the global economy coming together in many ways to create unique products, and services and other things. But what exactly does this mean? The initial thought would be that globalization is good. However, I believe globalization is the leading cause of the increased gap between the rich and the poor, and diminished the middle class. Globalization simply allows the cycle of the rich developed countries exploiting poor countries for labor and resources. Globalization has both positive and negative effects on everyone however, unfortunately the bad has outweighed the good.
Globalization, the acceleration and strengthening of worldwide interactions among people, companies and governments, has taken a huge toll on the world, both culturally and economically. It’s generating a fast-paced, increasingly tied world and also praising individualism. It has been a massive subject of matter amongst scientists, politicians, government bureaucrats and the normal, average human population. Globalization promoted the independence of nations and people, relying on organizations such as the World Bank and also regional organizations such as the BRICs that encourage “a world free of poverty” (World Bank). Despite the fact that critics can argue that globalization is an overall positive trend, globalization has had a rather negative cultural and economic effect such as the gigantic wealth gaps and the widespread of American culture, “Americanization”; globalization had good intentions but bad results.
The Philippines has long been a country with a struggling economy. Ever since World War II, they have struggled to have a steady government and labor system. Independence did not bring any social changes to the country. The hacienda system still persists in the country, where large estates are farmed by sharecroppers. More the half the population are peasants and 20 percent of the population owns 60 percent of the land. Although the sharecropper is supposed to receive half of the harvest, most of the peasant's actual income goes to paying off debts to the landowner. Poverty and conflict strained the industrial growth of the country with many Presidents trying to fix the problems, but failing to do so. Factors that have faced the country are there is almost 9 percent unemployment, and the country suffers from the consequences of a balance of trade deficit. With the resources that the Philippines have, they are capable of pulling themselves out of the economical hole they are in and being up to par with their successful neighboring countries.
Globalization affects this world and the people of this world in many ways. It is the idea of making the entire world like a single country.
Globalization is the increasing interconnectedness of people, places, and cultures throughout the world today. The effects of this homogenizing process that we call globalization can be seen in all aspects of life. From McDonalds being in almost every country, to the majority of North American clothes being made in periphery countries, to the technological ability that allows us to instantly communicate with people anywhere in the world, the effects are everywhere. Economically today, globalization has had both positive and negative effects around the world, with many similarities to colonization. Globalization has also led to increased poverty amongst the global periphery, and a specific group of winners and losers within this process of globalization.