Essays on Globalization

Globalization and Networked Economy: A New Age of Efficiency Globalization is continually presenting new opportunities to business and countries around the globe through capital flows, economic liberalizations, technological exchange, and foreign investments. More importantly, digital form of globalization is changing ways of conducting business across borders, the participants, rapid movement of...

Big and small business have in recent decades grown all over the world. More so, the organizations are increasingly becoming a force in global trade as they venture into the world market. Going global has no longer ceased to be a massive corporate and brand venture, but also small business...

Introduction There are significant issues faced by any domestic corporation that wishes to create a transnational business strategy, and the problems should be addressed. There is the challenge of strategic confidence and stretch (Briscoe, Tarique & Schuler, 2012). Many companies find it challenging to be flexible in their local market and...

IEC Electronics is an American company in New York established in 1966 and deals with electronic components. IEC Electronics manufactures electronic components such as circuit boards, electrical cables, and wires for different industries including the military, healthcare, transport industry among others. Additional activities done by the company are such as...

The global environment and the economy often play critical roles of forcing business partners to make adjustments within the company and results to the positive outcome.  The mandatory changes afford the chances which may have been overlooked in the past. As such, they can lead to higher employee morale and...

As the world advance as witnessed in globalization and technological innovations, the consumer and industrial goods and services production increase significantly regarding quantity, quality and variety. Businesses always strive to ensure that commodities they offer to consumers meet the preferences of the given target market segments based on culture and...

The Impact of Globalization on the Relationship Between Multinational Enterprises and Small-scale Suppliers The globalization process keeps on producing new surprises. Globalization 1.0 lasted until world war 1 and shrunk the world from large to medium size. Globalization 2.0 lasted until 2000, but still, most of the companies are at this...

Economic globalization is the increase in inter-country dependence of the world economies which can be attributed to the growth of the trade between countries in terms of service provision and commodity exchange with the help of advancement in technologies (Edward Elgar 2012 Pg. 2). It reflects on the growth of...

The Importance of Stock Markets in Economic Growth The tremendous economic growth witnessed in developing countries over the last decade can, partly, be attributed to entrenchment and strengthening of the free market policies. Such policies include those designed to encourage local and international firms to list in the respective countries’ stock...

The effects of the 2008 recession The effects of the 2008 recession will be felt internationally in the next couple of decades. Their severity is still affecting the economic performance of some developed and developing nations. The weakening of critical economy boosters hinders the realization of both internal and external economies...

Economic globalization Economic globalization is a term used to describe the real world of the unrestricted movement of info, services, technology, goods, and capital. It is the aggregating economic interdependence and combination of local, national and regional economies all over the earth via the strengthening of cross-border flow of capital, services,...

Globalization is the description of the expansion of an organization, country or business, hence starting gaining international influence and that particular entity operating on an international scale. The process of globalization is usually aided by international investment and trade as well as information technology (Wetherly and Otter, 2014). There are...