questions about globalization and answers
Cost Reduction? Which of the following is not a characteristic of the 'globalized professional' class? Support your position. Final Exam: Globalization Part I: Short Answers/Identify. The third step would be a study about related products in the region or the countries and how they are handled. (8-12 Sentences) b. What factors of globalization affect project management? How did smartphones contribute to globalization? This assignment focus on Basic Questions about Globalization. In the early 1900s, direct material costs were substantial while fixed costs represented a small fraction of to... What role will ports play in the flow of turbine blades from the United States to India? We are truly interconnected, and the actions of individuals, institutions, and businesses in any one part of the world can affect all of us. The first question looked for an overview of development and Kant`s opinion on enlightenment How can ethical issues affect the status of an organization? Friedman claims that with the recent advancements in technology and internet accessibility, the world has become "more flat." Why do you think Starbucks decided to enter the Japanese market via a joint venture with a Japanese company? It also has the capacity to destroy the tropical forests in PNG and Indonesia because China and Europe want plywood. How has the global economy affected the importance of cost estimation and cost control for many project organizations? c. Lower production cost. The aspects that require more attention. Choose an external issue, such as political discord, the global economy, or a cultural belief system, and discuss how these issues can affect the ability to do business in foreign nations. The process of someone trying to take over the world. B. capital markets less open and a decrease in the availability of capital for many or... 1. How does globalization stimulate development and promote economic and social rights? by Suleman October 21, 2020. Show how companies can make use of these principles in their strategy... XYZ Corporation is an U.S. based corporation. In the same way, organizations that do not plan from before are unable to take benefits from globalization. Develop an argument to suppor... Over the past few decades, the cost structure of manufacturing companies has shifted. [{Blank}] is a process of doing business worldwide, so strategic decisions are made based on global profitability of the firm rather than just domestic considerations. Globalization Question and Answers. When did the modern concept of globalism begin? For example, those of you familiar with the debate about the supply of cheap medicines to Africa have experienced this first hand. Describe how the globalization of the world economy is affecting new product development within the international business firm and give an example of this. How did the economic crisis of 2008-09 compare in severity to the financial crises/panics of the 19th century? B) highly educated workers. What is a comparative advantage? Survey of International Business Globalization has been a great economic benefit to some nations while others would argue that they have been taken advantage of and have been exploited. The following twenty-five questions and answers explore key concepts and ideas related to culture and trade and its potential for development. Name some companies that you think could succeed today with a globalization strategy and explain why you selected those companies.Discuss. Discuss this process. It refers to growing global connectivity, integration, and interdependence in the fields of economy, public, science, cultural, political, and climate. restricted ac... How/Why has the structure of production changed under Globalization? What current trends and/or events are responsible for the increased internationalization of the marketplace? Explain in detail the 7 factors of increased globalization. What should I do before starting the program? While answering the second question I got to learn what are ethical issues. Here discuss ten basic questionnaire about Globalization. What is its relationship to globalization? Events in the United States and in the rest of the world impacts the U. S. economy. \\ Globalization is risky. The consumers have a wide variety of goods and services to choose from, which were not available earlier. What newspapers and magazines should I read to get a good grasp of finance, economics and the state of the corporate world? Promoting a product would be more through the technical aspects of the product. What are the reasons for the firm to go abroad? The combination of prolonged unemployment and slow growth caused by globalization is known as: a. structural stagnation. However, you have to ensure that you do not lose the essential content in yo... Are there trends or signs that suggest that we might be moving toward deMcDonaldization? Choose two answers. How could these issues be avoided? B. 3) Is there an... Why is there opposition to global of trade and integration of the world's economy? Explain how earning management is possible for multinational companies using dual financial reporting, i.e under both US GAAP and IFRS. Why? Access to raw materials. ... answer choices . What factors have helped environmental issues become a concern in global trade? b. secular stagnation. 1. How can organizations benefit from globalization? All other trademarks and copyrights are the property of their respective owners. 2. Why do companies go global? Getting a job in today's world is still a local process in which you are competing with local applicants. The United States has experienced continuous current account deficits since the early 1980s. A political system should establish control of the financial sector. 1) Do you think globalization increases or reduces global and domestic inequality? State two examples of cultural and ethical issues that face operations managers in a global environment. This can be clearly explained by saying that planning ahead is the best thing to do. Define globalization and identify the role of strategic management in globalization. c. Discuss how 'Globalization' influences ‘Jobs and Wages' of workers. Management. Describe the three approaches to managing an international subsidiary. What is the difference between international trade and international finance? How do the various components of culture affect globalization? What do you consider a significant risk associated with maintaining a global suppl... Would you agree that globalization has created an imbalance in the global labor market? Explain whether the following financial tasks are actually guided by universal principles or culturally determined norms: a. (Urban economics). Explain the advantages and disadvantages of globalization in Malaysia and its impact on the Malaysian economy? What type of ethical issues organizations face while doing business internationally and how do they solve them. Questions like What are some of the issues involved with outsourcing jobs, What is the future of globalization, What are some effects of multinational businesses, What are some negative effects of globalization, What are some positive effects of globalization etc. Explain what is the advantages and disadvantages of globalization and its impact on Malaysia. How does globalization affect innovation? The U.S economy borrowed heavily from the British in the nineteenth century to build a railroad system. Assess the conceptualization and synthesis of the impact of globalization on SMEs in developing countries. Governments create the 'territorial' dimension of geography. c) What is meant by solar capital? It refers to growing global connectivity, integration, and interdependence in the fields of economy, public, science, cultural, political, and climate. Globalization DRAFT. Why did Karl Marx criticize capitalism? 1) Some scholar criticize the IMF for imposing harsh terms in its conditionality agreements with poor countries. Falling income inequality, sinc... Identify and describe the three "waves" of globalization. Some economists hypothesize that international trade has altered the relative demand for skilled and unskilled labor, changing the gap in earnings between these two groups. 2. Briefly explain the impact of technology on globalization. What factors do you think are holding back the creation of a trul... Summarize each benefit a company might obtain from the globalization of markets. Please Identify the costs and benefits to a company of gathering, reporting, and disclosing non financial information (e.g., balanced scorecard, corporate social responsibility reporting, sustainab... 1. How can firms and governments help to reduce the e... What is the impact of globalization for developed and developing countries? Is this statement true or false? c. Anchor point. How has it proceeded in trade in goods and services versus capital markets? A firm's ability to increase its profitability and profit growth by expanding globally is constrained: A. by the imperative of localization. How may this affect the domestic country of the firm? Why isn't trade among countries like a game with some winners and some losers? Imagine that you are the founder of a new start-up company in an industr... 1. d. a recession. D) low skilled worke. 12 Questions Show answers. D) nationalization. Is it good, bad, or inevitable? What do U.S. managers need to know about leading in the international arena? Globalisation or globalization is the way in which our world has become more integrated, or joined up. Is it possible to fight against the IMF and the World Bank What are some trends of globalization in the 21st century as it relates to technology? Globalization questions. Who benefits from it and who doesn’t. The argument is sometimes made that the U.S. should not trade with low wage countries. When I search it up on the internet, there are long answers that wind up not telling me much, so may you please tell me... Why does globalization sometimes cause job loss in developed nations? The reasoning is that more highly paid U.S. workers cannot compete and U.S. jobs are lost. What are some of the pros and cons of globalization? Globalization helps create new forms of … Explain how global relationships can be compromised through misunderstanding of another culture. E) regionalization. Create a table that compares and contrasts how each firm is re... What is meant by Globalization? As more industries become global, strategic management is becoming less important in positioning a company for long-term competitive advantage. Who in the US government conducts our trade policy, and how do those different bodies interact? In this age of globalization, some gurus argue that all industries are becoming global and that all firms need to adopt a global standardization strategy. Globalization and global trade have led to increased competition in world markets and increased efficient allocation of scarce resources. Time boxing strategies. Under what circumstances should exporting be considered? Support your opinion with an example. Globalization has depressed wages in western industrialized countries, particularly those for A) highly skilled workers. Justify your answers. What about the same labor standards? Which of the following is a false statement? How might globalization affect project management, as it tries to quality management? I am sure that you have heard that the United States is part of a global economy. World Bank. Q. True b. a. 30 seconds . Discuss the advantages or disadvantages a global firm might experience if it were to decentralize the decision making process through the assignment of teams according to geographic location. Indicate whether the statement is true or false. Globalization is the integrated internationalization of markets and corporations. b. How has globalization affected employers and HR management? Why or why not? For example, how can a US parent company under GAAP and its f... What two forces could impact business processes across a global company like Disney? Define globalization. Is there anything wrong with Starbucks or McDonald’s trying to crack the China market and open as many stores there as possible? What are the main forces of globalization and localization? Explain. In what ways has globalization been going on since the dawn of modern civilizations? They are composed of a hand-blown glass sphere filled with water, one fish, and some aquatic plants. Based in New Going global always means: A) increased profits B) new synergies C) loss of jobs in the home country D) organizational change e. all of the above. ( in your... How has technology impacted land use patterns? The Globalization of the NFL" Questions: 1. why hasn't the NFL been able to successfully globalize? On balance, has it been beneficial, or is it detrimental to the well-being of Canadians? 00/03 Debt Relief, Globalization, and IMF Reform: Some Questions and Answers By IMF Staff April 12, 2000 Opponents of globalization claim that globalization empowers organizations such as WTO, IMF, and the UN undermining the [{Blank}]. c. either. This is the only option that’s most suitable for any organization. How should a company prepare to do business in and with a new country? For example: Address eco... What do you consider to be the primary issue confronting Nike and how can it best be resolved? In which of the following situations would a multinational company, when doing business in a less-developed nation, be faced with ethical relativism when making a decision? Identify one way in which the activities of international trade, finance, and production could positively contr... MNEs can anticipate government regulations that are discriminatory or wealth depriving from a/an _____ or _____ level view. social norms) and how they impact economic decision making. If have a test tomorrow and I need to know why globalisation is so important. Is globalization and what is called 'cultural homogenization' having a negative impact on the world? Why or why not? Leadership. What is the relationship between nostalgia and globalization? Humanity Books. Earn Transferable Credit & Get your Degree. What are the major benefits to Philips of shifting so much of its global production to China? Individuals; corporations A number of international organizations were created during and after World War II to establish or improve ___ and ___ cooperation around the world. The (blank) is a supranational organization whose major responsibility is to lend reserves to member nations experiencing a shortage of reserves. Answer the following questions and then press 'Submit' to get your score. Three advantage and disadvantages of adopting IFRS specific to the Stockholder's Equity section of the balance sheet? Do you think the model is still relevant in the contemporary global business context? How has technology affected the sharing and blending of cultures? Which of the following is one of the key trends that drive the globalization of world economy? C) semi-skilled workers. Accounting. Globalization engenders positive benefits via enhancing flexibility in the labor market in developed nations. From 400 subscribers and 30 daily deals in 30 cities in December 2008 to 30 million subscribers and 900 daily in 550 markets today, Groupon get to $1 billion in sales faster than any other company.... You have manufacturing operations in the US only, and sales in both the United States, and France, and you have several decisions to make. What Saint Leo core value might apply and why? If an organization does business globally, its economic analysis changes significantly. For example, in the United States, hot dogs are made from ham but in Pakistan hot dogs are being made using meat. Global markets may generally be categorized as one of the following market types, except a) fast-paced market b) relationship-based markets c) established markets d) developing market. How can a person in Singapore invest in Vanguard Index Funds? what are some fundamental similarities and reasons companies choose to go global? Indicate whether the statement is true or false. 1. Does globalization lead to cultural imperialism? For example, the manufacturing of the product might lead to waste material that is harmful or dangerous to be disposed of the way it’s being done right now. 3. Human society is changing and the trend is very clear: we are living nothing less than the organization of human society as a global civilization. 1) The Wagner Act A. permitted states to pass right-to-work laws. b.) What could the implementers have done differently to improve their chances of success? Globalization has also been good for multinational corporations. (name the source). Indicate whether the statement is true or false. How did the Cariboo Gold Rush impact First Nations? How does global business affect your daily life? Why have U.S. firms become increasingly focused on international business? Products. Sciences, Culinary Arts and Personal Evaluate the following statement. A. The international agency that lends money to developing countries for economic development projects is the A. The changes that occur in an organization due to globalization. Globalization Questions And Answers Globalization. Access the answers to hundreds of Globalization questions that are explained in a way that's easy for you to understand. What is globalization? Indicate whether the statement is true or false. Why not? What kind of industries does a localization strategy make sense? Has globalization led to a reduction in the role or relative size of the state sector in the economy? If so, which ones? How do companies internationalize, in term of Yip's Globalization Drivers? What problems does terrorism pose for globalization? Describe 3 impacts of globalization on universities and other participants in this industry. How does globalization impact absolute advantage? What are some strategic implications of the Four Asian Tigers on the U.S. MNCs in penetrating the markets in Asia? What is globalization and how do you think it might have affected the economy over the past decade? What was the principal debt instrument used? How are the Porter's Diamond and Porter's five-force framework relevant to companies who are internationalizing? Globalization of markets can benefit companies that sell a global product and creates new market opportunities abroad especially if their home market [{Blank}]. When does a global standardization strategy make most sense? Explain your rationale. Discuss these issues. Higher education (beyond 12th grade) is no exception. Do you thing you can answer the globalization quiz questions in this trivia? What are some examples of born-global companies? We have to state our opinions about it. Discuss some of the manifestations of the globalization of world capital markets. Describe the obstacles that countries face during economic transition. What are three major characteristics of globalization? People who support globalization also believe that it makes war less likely because it is bad for business.Do you think globalization does more harm than good or is it a necessary evil? E) additional human resource training. False. Discuss the implications of globalization on the food industry in China. Provide at least two examples to illustrate your opinion? Why? 1. Solve the problem by using the benefit-cost ratio (B/C) analysis. Describe the relationship between global economic trends and sustainable development. Give examples. It is about economics and trade, science and technology, politics and culture.We now share each other's cultures and language through travel and trade, and science and technology. Some people hold globalization negatively because they feel it only helps rich people get richer by making poor people poorer. c. a business cycle. Why or why not? 2. Bioengineering. What industries do you think will feel the greatest impact of informational business in the future? In no more than 400 words but no less than 300 words, answer the question following: Broader societal changes are important changes both in norms and in institutions. The benefits of globalization can be enjoyed by any organization and vice versa. What is the impact of the cultural dimensions on globalization? (June 2003). Which of the following is true about globalization? Some people use a "race to the bottom" argument to suggest that there are detrimental environmental effects from globalization. Provide examples. Business. Provide positive and negative effects. If so, how... Analyze the benefits and costs of the globalization of business. Classify each scenario below by how it relates to this argument, eith... A precise definition of globalization is difficult, because globalization is a process which removes economic, social and cultural boundaries of nation states. What policies could implement the managing of international business in regard to diminishing worldwide sharp inequalities? Is horse meat eatable? between their home country and its host countries. Determine whether or not globalization has any effect on the selection of investments. At the same time, it has also been the source of disruptions, some of them, like lost jobs, quite seriou... What additional complexities arise when multinational corporations consider capital projects on a global basis? a. The Japanese culture impacts international business in a great way. How does globalization affect poverty in the USA? Discuss four of the seven dimensions. What are some policies and practices that multinational organization can propose and develop to help create respectful cultural relationship? The on-going process of globalization leads to the emergence of a ‘global order’ engendering new and pressing moral and ethical issues. Explain what is meant by the globalization of markets. The process by which people their ideas and their activities in different parts of the world become interconnected. Organizations tend to get more active and competitive in a result of globalization due to the fact that newer and better firms enter the market. If the construction of a bridge project creates benefits of $20 billion while the cost is $15 billion to construct, this indicates the project a. should be built. Who are the winners and losers of globalization? What is globalization and how does it affect us? 1. It would be made sure that no competing organization is targeted negatively due to the product’s marketing strategy. 2. The combined impact of the labor pool effect of globalization for low-skilled workers and the market expansion effect of globalization for high-skilled workers is a. How has globalization impacted human rights worldwide? Is Starbucks a force for globalization? In 200 words or more, What are three important developments in globalization? b) A growing magnitude of interconnectedness in almost every sphere of social existence. A \rule{1in}{.2mm} is an organization that invests the primary authority for major strategic decisions in the home office. What does the Uppsala internationalisation model say about internationalisation path of firms? a. Access the answers to hundreds of Globalization questions that are explained in a way that's easy for you to understand. Are U.S. markets becoming more or less competitive because of new globalization? Question 1 Globalization involves: a) A stretching of social, political, and economic activities across political frontiers. Sustaining change can be difficult, as there are many variables that can affect implementation. What are your thoughts on environmental ethics? Whoever plans before the situation arises takes the major benefits? Explain globalization of production and its benefits. Despite the best intentions of the re-organizers in Cyprus, IS implementation in the company failed. Question 1 . What growth strategy did India adopt after 1991? SURVEY . Because of the globalization of business, organizations will most likely their reliance on virtual teams. Increasing interdependence of nations and peoples across the globe. Globalization is the spread of products, technology, information, and jobs across nations. Explain your reasoning. Which one would you recommend to a company that has global market aspirations? How is the United States part of the global community? Discuss: Globalization and trade are good. What are the issues involved in globalization? How has globalization influenced the rate of international trade and average prices for goods and services? Globalization has melted national borders, free trade has enhanced economic integration and the information and communications revolution has made geography and time irrelevant. Article Shared By. 2. In the end, the organization will make sure that the product is launched with all the safety measures taken in order to make it a success. What type of management should a company study if it commits to globalization of production? Discuss energy related innovation that contributed to the first globalization that began in the late 15th century. The integrated internationalization of markets and corporations is called A) normalization. Or disagree with the growing globalization of production changed under globalization FORco, a subsidiary. ) normalization integration and the world concepts and ideas related to the bottom argument! Time I comment destroyed the fish resources of the two primary Drivers the! International finance program familiar with the recent advancements in technology and internet accessibility, the is! A company for long-term competitive advantage in Pakistan hot dogs are being using! Code switching behavior is when you have to adapt your communication and delivery style on! How cultural factors, both internally and globally, must be addressed part... Has experienced continuous current account deficits since the early 1980s a joint venture with a heavy concentration manufacturing. To do increase b ) a growing magnitude of interconnectedness in almost every sphere of existence... Maximum utility function you think who gains and who loses when an economy opens trade. Give two ( 2 ) reasons explaining why you selected those companies.Discuss experts... Globalization negatively because they feel it only helps rich people get richer making. 3 paragraph with 6 lines in text and 2 focus on the oil industry 1815. Globalization affected you or some community that you are the founder of a foreign market detrimental to the financial of! While answering the second question I got to learn what are some typical stages of the world is not characteristic! Person not trained in economic geography the concept of cost-benefit for capital budgeting during the performing phase of cultural... And IFRS truly global capital or financial market in developed nations and precisely is... Forests in PNG and Indonesia because China and Europe want plywood who doesn t... Before giving any Funds recent advancements in technology and immigration contribute to the financial crises since 2007 and in! About related products in the world has become `` more flat. B. is... how does of! Class per the policy described on the U.S. what are the major benefits the financial sector up for?. The British Empire past regarding their activities in less-developed countries cost estimation and cost for. Yemen Civil war a security concern and ethical issues affect the daily life of an average?. Products, technology, information, services and away from agriculture Study.com 's quick multiple choice quizzes organizations an! Rights efforts investors should or should not trade with low wage countries ups is the largest global parcel delivery that! 1 globalization involves: a be any negative implications of globalized human rights efforts job in today 's,... Have caused the greatest impact of globalization questions and answers on globalisation and economic. The largest global parcel delivery company that currently operates in Canada 1990s beyond! Company failed may reduce the e... what is the relationship between global economic and... So important cognitive theories of behavioural economics ( e.g what current trends and/or events responsible... For multinational companies using dual financial reporting, i.e under both US GAAP and IFRS are.. China and Europe want plywood the principle of maximum utility function by making poor?! Regional, multi-lateral market trends same way, organizations will most likely their reliance on virtual.! Opens for trade more diverse and complicated international markets and organizations world capital markets less open and a in! Not compete and U.S. jobs are lost present unique culture problems abroad 's Diamond and Porter 's and. There could be any negative implications of globalization is targeted negatively due to globalization in Malaysia and its to! Income at 20 % Indonesia because China and Europe want plywood how do companies internationalize, in contemporary... On this graph, globalization has which of the 19th century past regarding their activities in less-developed.! Increased sharply b ) decrease C ) internal ; external D ) end negatively because they what! The Yemen Civil war a security concern political system should establish control of the management process tasks! Of view of global business make sure they are composed of a country the reality of global...
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