StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Nobody downloaded yet

Globalization or Internationalization - Case Study Example

Comments (0) Cite this document
Summary
The paper "Globalization or Internationalization" presents that with the advent of the internet and massive computing systems that are nevertheless small in physical scale, the world is becoming an ever-shrinking globe. National boundaries are becoming blurred as people in India begin working…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.9% of users find it useful
Globalization or Internationalization
Read TextPreview

Extract of sample "Globalization or Internationalization"

Download file to see previous pages The International Monetary Fund defines globalization as “a historical process” involving “the increasing integration of economies around the world, particularly through trade and financial flows” (International Monetary Staff 2002).
It is typically viewed as a necessary and unavoidable key to future world economic development. Others have denounced the process as it seems to increase the current inequalities that exist within and between nations, threatens the employment and living standards of individuals in all countries as talent is pulled from each and low-paying jobs are farmed out to others and prevent the natural social progress with which each of these countries has been involved. Although this process is unlikely to change and reversal seems impossible, considering the effects this process has on the individual as well as the nations and organizations involved, it is difficult not to agree in large part with the statement, “Whether we call it globalization or inter-nationalization, very few people, organizations or states stand to benefit as a result” (International Monetary Staff 2002).
Changes in the way in which organizations conduct business have been rapid and wide-spread as the globalization concept has been introduced. It is the inherent nature of the marketplace to increase efficiency within the workplace by constantly striving to produce the most products with the least expenditure of resources. It is this concept that has driven many corporations to join in the globalization process, frequently outsourcing many of their activities and production processes to less developed countries in which this process is less expensive and requires fewer restrictions, licensing, and/or controls. (Mattoo, 2000) “Global markets offer greater opportunity for people to tap into more and larger markets around the world. It means that they can have access to more capital flows, technology, cheaper imports, and larger export markets” (International Monetary Fund Staff 2002).  ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Globalization or Internationalization Case Study - 6, n.d.)
Globalization or Internationalization Case Study - 6. https://studentshare.org/environmental-studies/1721352-macroeconomics
(Globalization or Internationalization Case Study - 6)
Globalization or Internationalization Case Study - 6. https://studentshare.org/environmental-studies/1721352-macroeconomics.
“Globalization or Internationalization Case Study - 6”. https://studentshare.org/environmental-studies/1721352-macroeconomics.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Globalization or Internationalization

Internationalization in general and the internationalization of Universities in particular

...Globalization or Internationalization... Globalization or Internationalization... Assessment of Current Thinking Regarding Internationalisation for SMEs and Universities The Current of Internationalisation Hill states that the move towards globalisation began in the 1980s and the pace is increasing. Businesses can find many opportunities through operations‘ expansions, new revenue streams and cost reductions (ibid, p.4). It has fractured the jobs market and now jobs that once were unassailable are under threat from overseas competition. Hill defines globalisation as “the shift toward a more integrated and interdependent world economy” (ibid). Globalisation of markets and production are two of its many facets. Both will continue, with firms...
10 Pages(2500 words)Essay

Internationalization Strategies

...Globalization or Internationalization... Globalization or Internationalization... Internationalization Strategies Internationalization Strategies International business refers to international dealingsof a business or country pertaining exchange of goods, services and information. Companies may exchange physical corporate assets or acquire an entire company. An organization can also have facilities and economic interests in several countries. According to Hitt, Ireland, Hoskisson (2011), the main reason firms go international is to extend the lifecycle of their products. Firms require expanding to secure required resources. Supply of raw materials has caused many Chinese companies to expand internationally. Industries such as electronics and...
9 Pages(2250 words)Essay

The Internationalization of Entrepreneurship

...Globalization or Internationalization... Globalization or Internationalization... Entrepreneurship How to Conceive and Achieve Your Entrepreneurial Venture Teacher Introduction It takes a special type of person to become an entrepreneur. I know there will be a lot of hard work to make the venture successful and it won’t happen overnight. It almost never does. People get into business for a number of reasons. Among the most prominent reasons is that a potential entrepreneur is sick and tired of working for someone else and wants to now go out on his own and make his own way (Kuratko & Hodgetts 1998). Another reason is that someone gets fired or laid off from work and tries hard to get another job. After a year and a half of unemployment benefits...
7 Pages(1750 words)Case Study

IKEA Internationalization Strategy

...Globalization or Internationalization... Globalization or Internationalization... Internationalization Strategy Today IKEA stands as one of the highly successful mass-market retailers. The Sweden company holds exactly 230 extravagant home furnishing stores in about 33 countries.The internationalization of IKEA is basically the root cause for the expansion of the business to the extent at which it stands presently. However the Sweden based furnishing house was not consistently the best retailer in the history of furnishing, it was after the incorporation of some effective internationalization strategies that the founder Ingvar Kamprad was able to bring IKEA among the top notch furnitures selling brand. Ikea was not always an internationally recogn...
3 Pages(750 words)Essay

Globalization as the Internationalization Strategy

...Globalization or Internationalization... Globalization or Internationalization... of Globalization Section Introduction Globalization is defined as a process, which is based on the formulation of internationalization strategies, which helps in the expansion of business on a global scale. Globalization is largely facilitated by inter and intra cultural global communication due to technological advancement. The business organization usually expands on a larger scale by technological advancement, political, socio economic and environmental developments. The major objective of globalization is to offer competitive positions to the organization with low operating costs and gain greater number of products. Globalization requires varied expansion...
7 Pages(1750 words)Research Paper

Different modes of Internationalization

...Globalization or Internationalization... Globalization or Internationalization... Different modes of Internationalization Contents Contents 2 Internationalisation 4 Trade 4 Advantages of Trade 4 Disadvantages of Trade 5 FDI 5 Advantages of FDI 6 Disadvantages of FDI 6 ‘Home’ and ‘Host’ countries 7 Different Types of FDI 7 Different Types of Trade 8 Value chain 9 Greenfield 9 Brownfield 10 FDI alone or with partners? 10 Disadvantages of Strategic Alliances 11 Post Merger Restructuring 11 Push vs. pull paradigms 12 Traditional ‘transformation’ model 12 Netting 13 Hymer’s M-Form and U-Form 13 Vernon’s product life cycle (PLC) theories 14 Uppsala ‘stages of internationalization’ 14 Conclusion 16 Internationalisation Internationalisation is the...
12 Pages(3000 words)Essay

Koyo Jean Internationalization Strategy

...Globalization or Internationalization... Globalization or Internationalization... Jean Internationalization Strategy Koyo Jean Internationalization Strategy The starting and running of any business enterprise is influenced by various factors. They can be broadly categorized either as internal or external factors (Nilsson & Rapp, 2005). In this document, the focus lies on the latter; that can still be further categorized as political, economic, social, technological, environmental and legal. The acronym PESTEL bears its origin from the combination of the first letters of these factors. Discussed under, are the various roles played by each one of these factors in the marketing of premium jeans in both South Korea and Brazil. To begin with the...
3 Pages(750 words)Essay

Internationalization of Trade

...Globalization or Internationalization... Globalization or Internationalization... of Trade China and India together were the drivers of the world economy throughout the 18th and early19th centuries and it is estimated that they contributed 80% of the then GDP of the world economy, based on purchase power parity (Woodall Pam 2006). The West took over in the 19th century reducing their share of world GDP to mere 9%. (Dicken P. 2007) Later in the 1980’s there rose what is called the Asian Tigers comprising of Taiwan, Korea, Singapore and Hong Kong. China joined in a big way in the 1990’s and India has arrived at the scene now with more emphasis on services sectors. Innovation has been said to be a reason why firms invest abroad. The eclectic parad...
9 Pages(2250 words)Essay

The theme of internationalization/globalization strategy

...Globalization or Internationalization... Globalization or Internationalization... Internationalization/Globalization Strategy Affiliation: The success of any given business enterprise is highly influenced by the strategies adopted for the purpose of pursuing the set goals and objectives. The undertaken business operations have to take into account the position and influence of competitors in the market. This is the same thing that Starbucks has had to deal with since it started it operations. Starbucks is one of the most successful and competitive coffee houses in the United States. The company has also expanded its operations internationally, thus exploiting the ever emerging market opportunities in the global arena. Starbucks’ domestic and...
4 Pages(1000 words)Essay

Internationalization Theories

...Globalization or Internationalization... Globalization or Internationalization... THEORIES By of School and Introduction The process of firm internationalization in modern business practices is fairly complicated with diverse models and theories that must be effectively inculcated for the success of the firm. The internationalization process dates back to the ancient days when firms adopted administrative heritage together with the strategic planning aspects at large. In this practice, a wide range of decision making draws on such theories in the numerous functions of business. Essentially, the internationalization theories are important in providing conditional statements for the business practice, and they generally deal with the business...
12 Pages(3000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Case Study on topic Globalization or Internationalization for FREE!

Contact Us