Essays on Globalization

The Impact of Trade Barriers on China's Economy

In the article “China’s Export Engine Likely to Cool, Further Slowing Growth” (Deng 2018), the author observes that the Chinese economic growth has weakened owing to the uncertainty surrounding trade fights with the US. As Deng (2018) notes, exports have, for a long time, been China’s economic driver. However, the...

Words: 591

Pages: 3

Walmart Company's Ethical Responsibilities

Business practices. (2015). Walmart Unethical Business Practices. [Online].  Available at: http://cnbc-tvn-biznes.com/unethical-business-practices/walmart-unethical-business-practices/ Introduction As most people would agree, the primary objective of most of the businesses is to make money in the right manner and to conduct the activities according to the laid down ethics. However, not all the businesses perform their operations...

Words: 1316

Pages: 5

Navigating the Complex Terrain of the World Economy

1 a) Explain what you understand by the concept GDP and the three ways that it can potentially be measured. Gross Domestic Product (GDP) refers to the measurement of the monetary value of all the final services and goods manufactured within a country over a specific period of time, usually a...

Words: 2284

Pages: 9

Motivations to Establish Multinational Enterprises

With rapid increase in revenue, a local business may expand its activities to international markets. Such expansions are important in embracing diversity, finding potential customers and exploring new environments of operations. Therefore, most business organisations will be motivated to venture into global markets in order to improve their revenue (Hynes...

Words: 1773

Pages: 7

The Impact of Tertiary Industry on the Economy of Developed Countries

The Role of Tertiary Sectors in the Economic Development of Developed Countries Introduction Developed countries are on the verge of transforming into service economies as the market share of the tertiary industry employment and activities continue to be on the rise. For example in the United States, the service industry has witnessed...

Words: 1990

Pages: 8

The Benefits of Globalization in Developed and Developing Countries

Technological advancement greatly impacts social lives, the conduct and performance of businesses, and the implementation of policies among other areas in different sectors. One such impact of technology is globalization which has changed and shaped the economy of many countries both under the developed and developing categories. Globalization is the...

Words: 1815

Pages: 7

The Impact of Global Issues on Business

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...

Words: 3298

Pages: 12

The Impact of Globalization on the Tattoo Culture in Samoa

In various countries, body art and tribal tattoos have a different meaning, and in the current society, tattoos are performed on a daily basis. In Samoa which is a small tribal country, tattoos are considered sacred and they symbolic. In every tattoo, there is a history behind and it takes...

Words: 374

Pages: 2

The Effect of Globalization on Global Income Distribution

Is the United Nations an Ineffective Institution? Some international institutions such as the World Health Organization (WHO) have evolved to become better and more effective over time. Unfortunately, the same cannot be said for the United Nations (UN) which has become an ineffective institution of global governance. The irony is that...

Words: 1026

Pages: 4

The Role of Culture in Global Economy

In “Disjuncture and difference in the global cultural economy”, Appadurai loos at why culture is a leading cause of tension in global interactions. He starts by stating that most of the arguments that arose were about ‘commoditization’ and ‘Americanization’ but less consideration has been given about the link between these...

Words: 850

Pages: 4

Implications of Economic Globalization and Consumerism

The Genetic Los Angeles is a rebranded Demin brand which specializes in the manufacture of the jeans as the artwork. The company produces their clothes in a single art of the factory where their skilled workforce reduces and treats every pair to the perfection. The organization provides a recycling plan...

Words: 821

Pages: 3

Globalization and its impact

Globalization basically refers to the increase of the interaction of people, countries and states all in the interest of the growth of the international flow of money, ideologies and other cultures in line. Globalization is based on the economic process of integration which has social and some cultural aspects from...

Words: 4015

Pages: 15

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