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What does globalization mean to me
What does globalization mean to me
Explain the meaning of Globalisation
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I will be discussing the definition of globalisation from different points of view. I will compare and contrast these definitions. I will look at how, over time, globalisation has changed by definition. Globalisation affects a lot of businesses. Superdry is one business affected, moving to many countries around the world. I will be looking into the ways that it has affected Superdry. Looking at the history, country of origin, style of clothing and how it has affected the countries it has expanded to. Paul Wetherly and Dorron Otter define globalisation as the “special level that adds the supranational level to focus on to the focus on business activity but emphasizes the inter-linkages across the spatial levels from local to global” (Otter, The Business Environment Themes and issues 2nd Edition, 2008, p. 207). John Baylis, Steve Smith and Patricia Owens define globalisation as “mostly simply [or simplistically!] defined as a process of increasing interconnectedness between societies such that events in one part of the world increasingly have effects on peoples and societies far away. A globalized world is one in which political, economic, cultural, and social events become more and more inter connected, and also one in which they have more impact” (John Baylis S. S., 2014, p. 9). These are two definitions of globalisation yet both differ from each other. This shows that people will have their own interpretation of globalisation and so there is no one definition. They both speak about there being connections on a global scale. However, Wetherly and Otter talk about these connections being in business and Baylis, Smith and Owens refer to these connections being with societies and people. They both contain information that mention lo... ... middle of paper ... ...(2012). Concept To Customer. AVA Publishing SA. http://uk.ask.com/question/superdry-clothing. (n.d.). Retrieved January 21, 2014 http://www.bankfashion.co.uk/home/?cm_re=HomeMain-_-Header-_-logo. (n.d.). http://www.bbc.co.uk/news/10604117. (2013, December 18). http://www.bbc.co.uk/schools/gcsebitesize/geography/globalisation/globalisation_rev1.shtml. (n.d.). Retrieved January 21, 2014 http://www.superdry.com/delivery-and-returns#european-delivery. (n.d.). Retrieved January 21, 2014 http://www.superdry.com/delivery-and-returns#uk-delivery. (n.d.). http://www.theguardian.com/lifeandstyle/2011/jul/14/superdry-fashion. (2011, July 14). Retrieved January 21, 2012 John Baylis, S. S. (2011). The Globalisation of World Politics; An Introduction to international relations (Fifth ed.). Oxford. John Baylis, S. S. (2014). The Globalization World of Politics (sixth ed.). Oxford.
Edkins, Jenny, and Maja Zehfuss. Global Politics: A New Introduction. 2nd ed. London: Routledge, 2009. Print.
Globalisation, in the simplest sense, is economic integration between countries and is represented by the fact that national resources are now becoming mobile in the international market. Globalisation sees: an increase in trade of goods & services through the reduction of trade barriers; an increase in financial flows through the deregulation of financial institutions and markets and floating of currency; an increase in labour
Mingst, Karen A., and Jack L. Snyder. Essential Readings in World Politics. N.p.: W.W. Norton, 2013. Print.
To globalize means to “to extend to other or all parts of the globe; make worldwide” (Dictionary.com, 2010). While globalization is a fairly ‘new’ term, it is actually as old as our ancestors. The process was longer back then but, as they were discovering new foreign lands, they were bringing commerce and culture with them. Silks, spices and crops were traded along trade routes and opened new worlds of luxury and taste. Today, globalization has influenced our modern world far beyond those predecessors’ wildest dreams. The Western culture has infiltrated almost every corner of the globe. Its capital, infrastructures, knowledge, and talent can be found all over. It has a dramatic impact on India and China. These countries in turn, have also passed on their influence to other countries. It is a never-ending domino effect that circumvents the globe. Some of the Western influence has been intentional and negative but the overall effects are positive on countries economies and cultures.
It would appear that globalisation is seen to be the borders between countries, governments, the economy and communities, collective liberalization and openness of markets, particularly through the elimination of barriers to trade in goods and services and the expansion of integrated global financial market. PRUS (2001) simplified the term of globalisation as a process of increasing connectivity, where
Define and explain globalisation, then critically evaluate and illustrate the impact globalisation has had on a particular business, the industry it operates in, its country of origin and the country or countries the business has expanded into.
In this essay I will give a detailed explanation of what sociologists mean by the term ‘globalisation’ and how they have tried to explain it.
“Globalisation” has become the buzzword of the last two decades. Basically, globalisation is the worldwide integration and development. Globalizing processes have effects on the environment, political, economic, cultural and human physical well-being in societies of a country. Swedish journalist Thomas Larsson stated in his book: The Real Story of Globalisation (2001) that “Globalisation is the process of world shrinkage, of distances getting shorter, things moving closer. It pertains to the increasing ease with which somebody on one side of the word can interact, to mutual benefit, with somebody on the other side of the world”.
Dimitter, Lowell. World Politics. 1st ed. Vol. 55. New York: Johns Hopkins UP, 2002. 38-65.
Globalisation is a broad term that is often defined in economic factors alone. The Dictionary at merriam-webster.com describes globalisation as “the process of enabling financial markets to operate internationally, largely as a result of deregulation and improved communication.” Also due to deregulation on the financial market, multi-national companies are free to trade and move their businesses to areas where a higher return or profit can be achieved. New technology also enables companies to relocate to areas where labour costs are lower, for instance movement of call centre jobs from the UK to India.
Globalization is defined as “the historical process involving a fundamental shift or transformation in the spatial scale of human social organization that links distant communities and expands the reach of power relations across regions and continents (Baylis, 2014).”
Globalization remains a pivotal topic in many schools of thought, and continues being a topic of controversy even in local economies today. Perhaps the reason for this is integration and competitiveness the world over. Conceivably, even more than integration, is the competitiveness of organizations, has possibly facilitating the fascination and misconception about of globalization. Nevertheless, globalization has brought about a number of effects influencing the design and geographical location of the organization. However, globalization has effectively placed the world in a bubble, or maybe one could equate the changes to being placed in an envelope.
Many authors have attempted with relative success to define globalization in a variety of ways. According to Keohane, the combined impact of these processes of globalization is globalism, a state of world involving networks of interdependence at multicontinental distance, linked through flows of capital and goods, information and ideas, people and force as well as environmentally and
Globalization is the connection of different parts of the world. Globalization results in the expansion of international, cultural, economic, and political activities. As people, ideas, knowledge, and goods move easily around the globe, the experiences of people around the world become more similar. (“Definition of Globalization“, n.d., ¶ 1)
Globalisation is a very complex term with various definitions, in business terms, “globalization describes the increasingly global nature of markets, the tendency for transnational businesses to configure their business activities on a worldwide basis, and to co-ordinate and integrate their strategies and operations across national boundaries” (Stonehouse, Campbell, Hamill and Purdie, 2004, p. 5).