Get help from the best in academic writing.

Assessing the strengths and weaknesses of globalization

Globalization can be defined in a variety of ways since it is a very important term as it influences the global economies. It can be defined as the movement toward communications, financial, economic, and trade integration. Globalization entails opening out beyond nationalistic and local perspectives to a wider outlook of an interdependent and interconnected world through free transfer of goods, services, and capital over national frontiers. Globalization is a term that is frequently employed to place a trend in the direction of increased flow of ideas, money, goods, and services across national borders and the resultant consolidation of the global economy (Waters 2001, pg.36). Globalization is closely related to international trade which can be defined as the exchange of goods, services, and capital across territories or national border. The increase in the international trade enhances the continuance of globalization. If there were no international trade, then apparently nations would not get access to the variety of goods and services produced in different nations of the world (World Bank 2008, pg.56). It has been found that globalization does not involve unhindered labor movement, and as intimated by some economists, globalization may hurt fragile or smaller economies if practiced indiscriminately. Globalization is generally recognized as being goaded by a combination of technological, political, economic, biological and socio-cultural factors. From some other perspective, globalization can refer to the multinational circulation of languages, popular culture, or ideas by acculturation (Tomlinson 1999, pg. 123). This paper will provide an outstanding analysis of the weaknesses and strengths the term globalization. Strengths of globalization Supporters of globalization contend that globalization can possibly better the world economically by solving many problems which are deep-seated for example poverty and unemployment. According to the economic theory, increased globalization will lower the wage of unskilled labor in developed nations and raise the wage of unskilled labor within the developing nations as the two groups start to trade with each other. Globalization generates resources and encourages the transfer of ideas that can be utilized for both individual and community improvement. Among many other things, globalization makes rural economic diversification and agricultural productivity gains more achievable. Globalization also makes environmental stewardship, improved conditions of living, and food security more attainable. Due to globalization, the marginal can now get the opportunity to exhibit themselves in the world market (Bauman 1998, pg.121). Globalization encourages the industrialized nations to provide significant market places for exports of poor individuals within poor countries. The global agricultural and food companies can assist the third world countries incorporate required safety, and quality practices by getting access to markets in developed nations. Since globalization means delocalization of various enterprises within the word, many people can get access to many industries and in due course globalization promotes economic growth in the global world, brings about competition among companies, enables producers and retailers to reduce the prices of various commodities so that consumers can afford them and therefore increases the demand on the commodities. Because of the increased efficiency, the welfare is raised by offering more affordable goods and services such that the purchasing power is increased. Globalization reallocates capital and labor to more efficient and effective lines of production. Globalization helps poor countries by infusions of technology and foreign capital which enhances economic development. The economic development due to globalization brings modern ways of connecting people, from roads to electricity to telecommunications. The global companies offer training to employees and provide time, money and talent that helps them to address needs of the community, lifting communal and individual aspirations and providing ways for accomplishing them. Since globalization brings about spreading of prosperity, it enables various countries to possess conditions in which respect for human right and democracy can flourish (Appadurai 1996, pg.65). Globalization encourages the existence of foreign direct investment. The foreign direct investment is a fundamental part of an effective and open international economic system and it acts as a chief means to development. Countries in transition, developing countries and emerging economies have realized that foreign direct investment is the source of modernization and economic development, employment and income growth. Many nations have freed up their foreign direct investment regimes and acted on other policies in order to attract investment. Foreign direct investment enhances a chief source of capital that is accompanied with up-to-date technology. It has been found that to generate this capital by domestic means is a difficult task, and even if there is a possibility to generate it locally, importing the essential technology from abroad would still be a difficult task. This is because, the transfer of technology to companies without prior experience of how to use it, is expensive, difficult, and risk. Foreign direct investment forms many externalities over along period of time in the form of benefits existing to the entire economy. These comprise of upgrading the telecommunication services, establishment of trading and finance related networks, creation of modern accounting and management methods, industrial upgrading, work experience necessary for labor force, and specific technologies and general knowledge in production and distribution. The foreign direct investment in services has a great influence on the competitiveness of the host country as it raises the productivity of capital hence enabling the host nation to attract new capital on encouraging terms. Foreign direct investment brings about the existence of services that can be utilized as strategic inputs within the traditional export sector so that to expand the volume of trade as well as to upgrade production through process and product innovation. Foreign direct investment finds its application in the economically developing countries. For the 90s decade, foreign direct investment was among the chief external sources of funding for many countries that were experiencing growth in the economic perspective. Foreign direct investment has aided many countries during the time of economic hardships. For instance, in some nations of East Asia, it was seen that during the fiscal problems of 1997 to 1998 the amount of foreign direct investment that was made in these countries was reasonably steady. Foreign direct investment promotes the creation of new employment opportunities in a given country, and it enhances the increase of salaries for the workers. Due to this, many people have led better lifestyles and have obtained many crucial facilities in life (Featherstone et al. 1995, pg.76). The biggest significance of globalization in the global world is the rise in competition, which has in turn benefited many nations worldwide in terms of economic advancement. Competition has a positive influence both on the well being of consumers and on the economy of a country as a whole. It has been seen that competition bolsters international competitiveness and productivity of the business sector and as well it enhances economic growth and dynamic markets. Due to globalization, the whole world has become just like a country simply because people are allowed to cross the national frontiers into foreign countries. The advance in technology has also encouraged a lot of interaction between different nations of the world. As most of the countries in the global world remain in touch with economic advancement in other nations, they look for alternatives to catch up with the advanced countries hence bringing about worldwide competition. Consumers have benefited a lot from completion as they obtain goods and service from their retailers and producers at competitive prices. When the prices for goods and services in a given country are higher than those in the foreign countries because of lack of competition between the markets, the firms well become less competitive and therefore suffer within the marketplace. Competition also is very important in promoting efficiency and productivity. It has been seen that, those companies faced with strong competition are persistently driven to become more productive and more efficient in the production. This is because they are aware that their competitors are persistently looking for ways to reduce the costs of production so as to gain a competitive advantage. Owing to the persistent pressure, the firms in competition ensure that efficiency and improvements in productivity are made so that they can not in their market position or even evaporate altogether. It is the process of severe competition between rivals that drives companies to put more effort in offering better services, quality goods, and lower prices. Competition has positive influence on innovation. Innovation is very crucial to success in today’s world which is technology driven. Competition brings about pressure to different companies, encouraging them to introduce new production techniques for new products. Without the pressure, a country’s economy will lag behind other countries’ economies as a center of innovation hence losing international competitiveness (Michael

Todd Patterson, a 33-year-old husband and father, is a proud gun owner who has multiple handguns, shotguns, and two

Todd Patterson, a 33-year-old husband and father, is a proud gun owner who has multiple handguns, shotguns, and two automatic weapons. In this case an automatic weapon is defined as a firearm that continuously fires so long as the user presses the trigger and there is ammunition in the gun. Todd has no criminal record. When he was 17 years old, after losing both his parents in a plane crash, he had a mental breakdown resulting in a six-month institutionalization. Todd lives in the fictitious state of Varneyland where he works as a social studies teacher and soccer coach at a local high school. On a sunny morning in a neighboring state, a man with a history of mental illness enters an elementary school and kills 3 teachers and 10 students with an automatic assault rifle. In response to this shooting, many states across the country, including Varneyland, pass legislation requiring the registration of all automatic weapons. As part of the registration process, those seeking to register their automatic weapons are required to submit to a mental health background check. In filling out the application to register his automatic weapon, Todd reveals his prior institutionalization, but also states that he has not had any mental health issues since he was a teenager. When the state of Varneyland conducts Todd’s mental health background check, it uncovers that Todd had a diagnosis of major depression with suicidal tendencies. Todd’s mental health records also reveal a history of self-harm. Based on the review of Todd’s mental health records, Varneyland denies Todd’s application to register his automatic weapons and sends Todd a letter demanding that he forfeit his automatic weapons or risk criminal and civil penalties. Because Todd refuses to hand over his automatic weapons, the state police arrest him and charge him with possession of an unregistered automatic weapon (a felony crime under Varneyland law). At his criminal trial, Todd argues that the registration requirements and his subsequent arrest are violations of his Second Amendment rights. Based on recent case law, do you think that Todd’s arguments possess any merit? Please be sure to specifically discuss recent case law and how it affects Todd’s case. Please note that the recent 2nd Amendment case law is described in the Week 4 Content section of the classroom. Please note that your answers have nothing to do with your personal feelings, thoughts or experiences with these issues. Your answers are to be based purely on the law, specifically precedent set by case law. Reviewing the Week 4 content will be very helpful to you in finding relevant case law. *Use 2 Scholarly Sources

Troy University Business and the Community Reflective Essay

java assignment help Troy University Business and the Community Reflective Essay.

Y ou are to watch the below Ted Talk video, then write a Reflection Paper (in a Word document) on what you have learned. You need to provide an overview of the video, then identify specific issues shared in the video, as well as how the video impacted you (identifying your key takeaways). The grading requirements for the Reflection Paper include:Information must clearly state the purpose of the video, be organized, factual and correct, and demonstrate a thorough self-reflective analysis of its impact on you. The paper is to include supporting details and examples. The Reflection Paper requires well constructed paragraphs, using proper grammar, sentence structure, punctuation, etc. (please use Grammarly on this assignment). Must be no less than two full double-spaced pages, but no more than three pages long. Either 11-point or 12-point font size throughout is acceptable.Please click on the below link or cut and paste it into your browser. The video is 7 minutes and 50 seconds long. (Links to an external site.)
Troy University Business and the Community Reflective Essay

Week 2 Comment 2 DQ 1

Week 2 Comment 2 DQ 1. Need help with my Health & Medical question – I’m studying for my class.

***Comment this***
Researchers are opting for database software but it has its limitations too.Coding a crucial stage of qualitative data analysis,is tedious and time consuming when carried out manually,and it may take several weeks to get it done.On the other hand it may take several weeks to get acquainted with a software package to code qualitative data electronically.This something that the research community and sponsors need to take into account,allow time for training to use packages for analyzing the data.
Week 2 Comment 2 DQ 1

Analysis of an organization.

Analysis of an organization.. I’m trying to study for my Management course and I need some help to understand this question.

In order to make effective change within an organization, an analysis of the current organizational state is essential. In this assignment, you will be analyzing the current innovative status within your own organization or an organization of your choice. This organization will also be used in several subsequent assignments. In your 500-750 word organizational analysis paper, address the following questions:

What are your organization’s competitors’ current trends of innovation?
How does your organization’s innovativeness compare to its competitors’?
Within your organization, which stakeholders are responsible for supporting innovation? In what capacity?
Examining your organization’s structure, systems, and people, how adaptable is the organization for implementing innovative principles and practices?

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
Analysis of an organization.

Essay Writing at Online Custom Essay

5.0 rating based on 10,001 ratings

Rated 4.9/5
10001 review

Review This Service