Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

International Business (Globalization) - Essay Example

Comments (0) Cite this document
International businesses are usually known as multinational corporations. An additional, important feature of globalization is the nature as well as supremacy of multinational corporations. Companies like these are at the present responsible for almost 33 per cent of whole world's output, as well as almost 66 per cent of world trade Significantly, somewhat close to a quarter of world trade takes place inside multinational corporations (op…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.4% of users find it useful
International Business (Globalization)
Read TextPreview

Extract of sample "International Business (Globalization)"

Download file to see previous pages International businesses are at present largely restricted to their where they originated from, only if we consider their overall business operations and activity; they stay heavily 'nationally rooted' and carry on to be multinational, to a certain extent than translational ,organizations . (Palmisano 2006)
While full globalization in this organizational sense may not have occurred on a large scale, these large multinational corporations still have considerable economic and cultural power. Multinationals can impact upon communities in very diverse places. First, they look to establish or contract operations (production, service and sales) in countries and regions where they can exploit cheaper labour and resources.
While this can mean additional wealth flowing into those communities, this form of 'globalization' entails significant inequalities. It can moreover, it may lead to outsized scale job loss in especially for those whose industries were in the past located. The wages paid in the recent settings can be nominal, and worker's privileges and conditions pitiable. For instance, a 1998 study of exceptional economic zones in China showed that manufacturers for organizations such as Ralph Lauren, Adidas and Nike were the ones paying low wages, to the extent of 13 cents per hour
Second, multinationals continuously look new or else under-exploited markets. They look to increase sales - often by trying to create new needs among different target groups. One example here has been the activities of tobacco companies in southern countries. Another has been the development of the markets predominantly populated by children and young people. There is increasing evidence that this is having a deep effect; that our view of childhood (especially in northern and 'developed' countries) is increasingly the product of 'consumer-media' culture. Furthermore, that culture is underpinned in the sweated work of the 'mothered' children of the so-called 'Third World'. With the aid of various media, the commodity form has increasingly become central to the life of the young of the West, constructing their identities and relationships, their emotional and social worlds. Adults and schools have been negatively positioned in this matrix to the extent that youthful power and pleasure are constructed as that which happens elsewhere - away from adults and schools and mainly with the aid of commodities.
Of course such commodification of everyday life is hardly new. Writers like Erich Fromm were commenting on the phenomenon in the early 1950s. However, there has been a significant acceleration and intensification (and globalization) with the rise of the brand (see below) and a heavier focus on seeking to condition children and young people to construct their identities around brands.
Third, and linked to the above, we have seen the erosion of pubic space by corporate activities. Significant areas of leisure, for example, have moved from more associational forms like clubs to privatized, commercialized activity. For example, charts this with ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“International Business (Globalization) Essay Example | Topics and Well Written Essays - 2000 words”, n.d.)
Retrieved from
(International Business (Globalization) Essay Example | Topics and Well Written Essays - 2000 Words)
“International Business (Globalization) Essay Example | Topics and Well Written Essays - 2000 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF International Business (Globalization)

International Business Environment: Globalization And Democracy

...? INTERNATIONAL BUSINESS ENVIRONMENT Introduction Strinidal is an industrial island whereby oil, natural gas, agriculture and industry are the major exports. It has a population of 1,252,800 people and 35% of them live in urban areas. The International monetary Fund and the World Bank have argued it to venture into globalization to increase its business operations so as to reduce its dependence on financial aids (Wallerstein 2004). For Strinidal to expand its businesses to other nations it has learned of the environment of the global markets. There are also factors that will affect international business, they are, cultural, political and economic factors. Political events in Strinidal are of great concern because they influence the cost...
11 Pages(2750 words)Essay

Current Topic on International Business or Globalization

Although countries opening their door for business houses of other countries to export goods or enter through foreign direct investment but there are instances such free trade environment is diminishing the competitiveness of domestic players of host countries (Abboushi, 2010). At times, proliferating international business between countries through trading agreement between countries is not free from controversies. For example, Abboushi (2010) has argued that, government should not compromise the national sovereignty and interest of domestic sellers in the name of creating free trade economy. Despite the controversies, there is no doubt that cross border trading has significantly increased in recent times and it has significantl...
5 Pages(1250 words)Book Report/Review

International Business Globalization and Trade, Multinational Enterprise

...? International Business Globalization and Trade, Multinational Enterprise Introduction Economic growth and development ischaracterized by unique inventions and innovation methods. This is happening in Asia which in the last 10 years has produced two main emerging markets (China and India). The economy of Asia composed of more than 4.2 billion people represents 60% of the world population. China and India are becoming economic giants and this evident by the way their products are competing perfectively with goods from developed countries like U.S, UK and Germany. The two nations have embraced ‘frugal innovation’ system which advocates for producing more for less. Frugal invention helps in cutting production cost of production and this has...
13 Pages(3250 words)Research Paper

International Business Globalization

.../18iht-toys.4.6193391.html?pagewanted=all&_r=0> Merlot, E.S., Fenwick, M., & Cieri, H.D. (2005). Applying a strategic international human resource management network to international non-governmental organization. Monash University Business and Economics, 55/05. Retrieved from Saylor. (No Date). Strategic Planning. Saylororg (2), 2-3. Retrieved from Shanghai Daily. (2012). MNCs struggle to find local Chinese talent. Retrieved from The Hofstede Centre. (No Date). Arab Emirates. Retrieved from Yanrong, J. (2012). Global firms have lots to play for in China's toy market. ChinaDaily Europe. Retrieved from business/2012-12/08/content_15997160.html> Zaman, U.N. (2011). UAE and Globalization - Attracting Foreign Investments. Munich: Grin Verlag....
10 Pages(2500 words)Essay

International Business in the Globalization Environment

... 18 December 2007 International Business Globalization opens new opportunities for domestic companies to go global and expend their business activities. Asian countries represent the most attractive and fast grow market for European countries and Great Britain. High rates of economic development and political stability in Asia attracts British companies and opens opportunities for market penetration. In order to compete on this market, British companies pay a special attention to consumer ethnocentrism and cross cultural differences which have a crucial impact on marketing and profitability of companies. It is important to note that the structure of the business network in the international commercial area, has led to the necessity...
12 Pages(3000 words)Dissertation

International business and globalization

... GLOBALIZATION International business has never been a simple matter. In point of fact, with the diversified number of countries which engage in global business, the challenge is anything but easily surpassed. A businessperson's largest asset would have to be the support gained by his or her employees or employers depending upon the infrastructure in the company. There are many lessons to be learned in gaining an international view of economics. Education about the world's economic structure, cultural differences and the interrelation between the two is as important as understanding the methods your business uses from start to finish. The primary factor to conceptualize would be the fact that every country pursues business differently...
14 Pages(3500 words)Essay

International Business (Globalization)

...Running Head: INTERNATIONAL BUSINESS International Business s International Business International businesses areusually known as multinational corporations. An additional, important feature of globalization is the nature as well as supremacy of multinational corporations. Companies like these are at the present responsible for almost 33 per cent of whole world’s output, as well as almost 66 per cent of world trade Significantly, somewhat close to a quarter of world trade takes place inside multinational corporations (op. cit). This final point is well explained by means of operations of manufacturers who make cars they normally get their components from plants located in diverse countries. Nevertheless, it is significant not to run...
7 Pages(1750 words)Essay

How globalization implicate the international business

...How globalization implicates the international business Under the influence of globalization the terms of business operations in the global market have been highly changed. Globalization can be characterized as a trend related to all aspects of life, including culture, politics and social ethics; major seems to be the intervention of globalization in economic policies worldwide. For this reason, the expansion of globalization has been proved to be a key cause for the differentiation of business strategies in all industries. The interaction between globalization and international business is analyzed in this paper. In the context of this paper, the definition of globalization that would be more relevant is the following: globalization...
4 Pages(1000 words)Essay

International Business: Globalization of Samsung

...International Business: Globalization of Samsung Definition of Globalization: Globalization can be defined as integration and interaction among people, organization and different nation’s government for international trade, investment and sharing of technology is known as globalization. This process has a lot of effects on culture, the environment, political and economic development and betterment of human beings in different societies of the world (Levin Institute, 2014). Globalization helps the organizations and the nations to increase their economic and financial assimilation of economics around the globe (Charles University, n.d.). Now days, every nation and organization are trying to globalize to strengthen their economic...
7 Pages(1750 words)Assignment

International Business Globalization and Income Gap

The author describes an effort to integrate or transverse some of the national boundaries that reduce the national barriers and the businesses can compete for productive inputs and customers across the globe. In other words, it can be explained as an effort to reduce national barriers and establish a broader market that permits all buyers and sellers to persuade business activities at a global level. The process of globalization can not only be identified as a buzz word but it will provide opportunities to accelerate the pace of major business.
Despite the fact, globalization will provide greater opportunities for the business to expand its markets, improve the pace of its performance and productivity. Globalization still rema...
10 Pages(2500 words)Essay

Globalization and Protectionism in Our Century

...Globalization and Protectionism in the 21st Century Globalization is an international phenomenon with far-reaching consequences in the social, political and economic realms. Economic globalization, namely the spread of neoliberalism and capitalist-inspired consumerism as the dominant engine of economic growth, has both supporters and detractors. The world is becoming more and more interdependent and whether you think globalization is a good or bad thing, it is here to stay. Many people in developed countries argue in favor of protectionism because foreign wages are much lower and domestic producers cannot compete. The result is that jobs are lost as employment trends shift overseas. Seeking to explore the present international...
6 Pages(1500 words)Case Study

Business Ethics in the Case of Timberland-City Year

The purpose of this study is to focus on the ethical considerations and dilemmas faced by the organization Timberland in terms of its coalition to City-Year and the steps that are taken and should be taken for the solution of those ethical issues.

In the merger of the two organizations, Timberland and City Year, there are many ethical considerations. To develop legal business relationships between Timberland and City Year and to consider the stipulations of the required business laws, the following ethical considerations should be deemed:
  • None of City Year’s earnings should be incurred to any private shareholder or an individual.
  • City Year cannot participate in any political campaign or...
6 Pages(1500 words)Case Study

International Security Studies: Examination

Globalization affects international security in the sense that problems involving terrorism, the environment, religious extremism, weapons of mass destruction, and the economic crises have become more universal and widespread in character (Ivanov “Article”). As a result, these issues pose a greater threat to national and international stability and safety. More lives are now affected by threats to international security; these threats did not seem too ominous before the entry of globalization. Consequently, some extremists justify the use of mass weapons of destruction in order to guarantee their security. And as globalization continues to expand and to grow bigger as a phenomenon, threats to international security are...
7 Pages(1750 words)Assignment

Business Information Systems

...Club IT - Part Three of Phoenix BIS 219 Introduction to Business Information Systems Club IT – Part Three _________ _________ DATE ________ Table of Contents Table of Contents 2 Abstract 3 Overview 3 Business background 4 Current Technology Structure of Club IT 5 Problem Assessment 5 Club IT Business Goal and Strategy 6 Assessment of Needs 7 IT Solutions for Club IT 8 Decision Support Systems/ DSS 8 Customer Information System 8 Data Mining for Business Performance 9 Enterprise Resource Planning 10 Supply Chain Management 11 Customer Relationship Management 11 Conclusion 11 Bibliography 12 Abstract Club IT is a nightclub that is currently operating with the traditional technology structure. Club IT nightclub is most popular club in its...
8 Pages(2000 words)Case Study

Business Administration

2. Describe your career aspirations, the contribution you will make to the programme and, if you will be sponsored, the value you will add to your sponsoring organisation – 500 words

I researched all of the universities in the United Kingdom (UK) and the Warwick MBA called my attention since it is one of the best-reputed universities in Europe. This will give me an opportunity to introduce myself to business and understand Financial Markets and Management. This will expand my horizons both in the theoretical (course content) setting and the praxis (networking). This will also enable me to obtain my degree without having to resign to my current job, especially, during this current financial turmoil.

We s...
6 Pages(1500 words)Essay

Business Plan Real Estate Agency

re representing our company as their business consultants and our responsibilities are limited to the knowledge of the client’s business and information provided by the client.
The company Of-Fit has been operating as office supplies and equipment supplier since 1998. Their corporate office is in Aberdeen and it has excellent industry relations. The company is a sole proprietorship and its owner is Mr. Andrew Schwatz who has been working in the industry for more than 20 years. The company current staff is 8 and its revenues are £115,690 and £156,178 in 2008. The company aims to expand its operations in other business areas and regions of the UK.
The detailed business plan developed for this report incor...
12 Pages(3000 words)Business Plan

The Main Threat to Small Business

When it comes to reliability factor big businesses are able to sustain because of their track record. Big businesses are able to pacify their customers using their past successful track records.
Nowadays most of the business opportunities and orders are posted online. This means that business providers need to be well integrated with supplier systems through online facilities. The infrastructure of the business model needs to be updated. But this is not an easy task for small businesses. E-based procurement is possible only with a well-maintained network on the internet. This requires a lot of financial and technical necessities which could not be supported by small businesses. On the other hand, Big businesses are well equip...
8 Pages(2000 words)Assignment

Globalization and World Economic Forum at Davos 2010

..., should also allay fears of the local population of being dominated by an alien culture through strengthening local cultural institutions. The firms should make attempts to be global and local at the same time. References Awuah, Gabriel. (2009). The impact of globalization and trade liberalization on competitiveness of firms in less developed countries: a longitudinal study. International Journal of Business Research,;col1FirefoxHTML\Shell\Open\Command accessed on February 15, 2010 Colony, George F.(2010). The Counterintuitive CEO. Forrester. accessed February 15, 2010 Dornier, Philippe-Pierre. Ernst...
7 Pages(1750 words)Coursework

Globalization and Business Enterprise: Climate Change

Since globalization encompasses political, economical and environmental issues, there has been much debate amongst companies on how resources are to be allocated in order to minimize climate change. Climate change is being dealt with on a global scale. The “Green investing is on the rise”, where investors are buying stocks that are environmentally friendly. New Zealand, like other countries, is supporting the cause for environmental protection by legislative measures in trade, bills regarding carbon emissions and by being part of agreements with the UN and the Kyoto Treaty.

Climate change and globalization are intricately linked. With the passage of time, many environmental issues, like global warming, have...
6 Pages(1500 words)Coursework

Project Management of Beijing Capital International Airport T3 Terminal

Some stakeholders can be both driving (positive) and restraining (negative) forces, it depends on how the project will meet their interests. These forces are marked by a dotted line. If changes happen, and the project won’t meet the interests of some of these stakeholders, a vector of the corresponding force will be changed onto the opposite and the force will move onto the opposite part of the diagram.

Each half of the diagram (left and right) is divided into three parts – Low, Medium and High. It defines the size of a force vector and indicates the importance (power) of a given force. Short forces have a low level of power.

Civil Aviation Administration of China (CAAC) – undoubtedly advanc...
7 Pages(1750 words)Assignment
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 Essay on topic International Business (Globalization) for FREE!

Contact Us