Globalization directly and indirectly influences the politics, environment, geopolitics, and economics of virtually every country in the world. True False
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Globalization directly and indirectly influences the politics, environment, geopolitics, and economics of virtually every country in the world.
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- Make a list of at least four broad cultural factors and four relevant business factors that influence global trade. Which two factors (one of each) do you believe are the most troublesome right now?In recent years, globalization has been a hotly debated topic, with proponents arguing that it has led to increased economic growth and opportunities, while opponents claim that it has widened inequality and caused environmental degradation. With this in mind, consider the following questions: 1.How has globalization affected the economy of a particular country or region, and what have been the social and environmental implications of this process?2.What are the main drivers of globalization, and how have they evolved over time?The influence on domestic issues of organizations such as the United Nations, World Trade Organization, and World Bank are manifestation of what form of globalization?
- 1. What and who benefits from market integration? How could emerging economies and developing countries like the Philippines benefit from market integration, including increasing our participation in this global phenomenon? 2. What social and environmental safeguards should be developed and implemented in order to ensure that benefits of global market integration are distributed with greater equity and respect for local culture and environment?How does globalization affect the business environment, and what challenges and opportunities does it present for businesses operating in different regions of the world?What are the Technological Drivers of Globalization in terms of Market, Cost and Competition? What is the Impact of the Technological Drivers of Globalization to the Business Industry?
- How does globalization impact the business environment? Discuss both its advantages and challenges for businessesThe presence of global food corporations like McDonald’s and KFC manifests that goods and services can transcend borders as an offshoot of the workings of the World Trade Organization. Together with that, there are multinational corporations that established factories in the Philippines. These factories offer jobs to thousands of Filipinos. Yet, some of these companies offer low salaries to their workers, and sometimes, make their workers work under hazardous conditions. These factories have also destroyed the well-being of the natural environment in some instances. As a Filipino, was it right for the Philippines to include itself as a member of the World Trade Organization? Please explain your answer.List the major economical factor in the external environment faced by the global marketers?
- Explain how GdP, the categories of economic development, and the business cycle influence marketers’ decisions in entering global markets. What are the BrICS countries? What is the Group of Seven (G7)?Critically discuss at least four negative effects of globalization and how these effects have affected a country?Explain how Globalization 3.0 (Thomas Friedman) affects the business and trade.
