what is globalisation?help,school essay.?

Question

please send a little detailed answers.

Answer 1

"Globalisation" is primarily about businesses choosing to locate activities wherever it is most cost-effective, regardless of the location of their headquarters, shareholders, present workers, or, if it's good for the business, customers.

It is made possible by instant electronic communication, relatively low transport costs (by historical standards) of goods and people, the teaching and learning of English in all the world's large cities, and deregulation. As recently as 30 years ago, to give you a sample of pro-globalisation changes, there were restrictions on how much foreign exchange a UK resident could buy with sterling; China was virtually closed to foreign direct investment; telephone calls from London to Peru had to be placed through the operator and lines were unreliable; and, of course, there was no internet.

Globalisation is the overall trend expressed in zillions of business decisions. Here's a cute example. My wife's retina specialist, a highly skilled eye doctor, after each treatment of a patient, needs to write clinical report data (eye measurements, summaries of patient consultations, drug logbook, etc) to the hospital records, the patients' GPs, and the patients themselves. He works in London and Oxford, time zone GMT. His method of compilation? He dicates his reports, these are sent electronically at the end of each working day to a secretary in Australia, time zone GMT+10, and the typed letters arrive back in England all ready to print out and post by 9a.m. GMT the next morning.

Globalisation is about outsourcing activities like call centres from Western countries to India and locating manufacturing in China, but it is also about stock markets being open to takeovers from anywhere. Thousands of British companies own significant American businesses and some UK-quoted cos do most of their business over there. And of course vice-versa. Many from both countries have bought businesses in Australia, Malaysia, whatever. But it is omnidirectional, timely (for you) illustrated by the recent takeover announcement of Corus by Tata of India. See for example:

news.bbc.co.uk/1/hi/world/sout...

and google 'Corus Tata takeover' for more on this story if you want it.

This may be too advanced for you, if you're still at school, but since I don't know that I'll offer it and you can follow it through if you want to try. Don't worry if this gets you lost, but do use it if it interests you. Here's some annual reports of some companies expanding outside their home country, some huge, some quite moderate-sized.

www.xansa.com/documents/html/a...

www.axonglobal.com/pages/about...

http://www.walmartstores.com/globalwmsto...

www.tescocorporate.com/images/...

Inside each one of them you'll find near the beginning the "Chairman's Report" and the "Chief Executive's Report". They talk about what the business is doing, where it has expanded or is planning to expand. That's where you'll find the down-to-earth "nuts-and-bolts" process of globalisation happening.

Answer 2

Globalisation or globalization is an umbrella term for a complex series of economic, social, technological, cultural and political changes seen as increasing interdependence, integration and interaction between people and companies in disparate locations. As a term 'globalization' has been used as early as 1944 but economists began applying it around 1981. Theodore Levitt is usually credited with its coining through the article he wrote in 1983 for the Harvard Business Review entitled "Globalization of Markets". The more encompassing phenomenon has been perceived in the context of sociological study on a worldwide scale.

The term "globalization" is used to refer to these collective changes as a process, or else as the cause of turbulent change. The distinct uses include:

Economically and socially positive: As an engine of commerce; one which brings an increased standard of living — prosperity to developing countries and further wealth to First World and Third World countries.
Economically, socially, and ecologically negative: As an engine of "corporate imperialism"; one which tramples over the human rights of developing societies, claims to bring prosperity, yet often simply amounts to plundering and profiteering. Negative effects include cultural assimilation via cultural imperialism, the export of artificial wants, and the destruction or inhibition of authentic local and global community, ecology and cultures.
A typical - but restrictive - definition can be taken from the International Monetary Fund, which stresses the growing economic interdependence of countries worldwide through increasing volume and variety of cross-border transactions in goods and services, free international capital flows, and more rapid and widespread diffusion of technology. While that definition is more narrowly related to economic globalization; others utilize a broader conceptual framework, often emphasizing the interaction between diverse economic, ecological, political, cultural, and technological factors

Answer 3

Different ppl of different parts of the world are interlinked.Their interdependence is not only limited to production and distribution of goods .They are influenced by each other in different spheres like education,art and literature as well.This kind of interacion of nations and peoples throgh trade, invesment,travel,popular culture,and other forms is a trendtoward globalisation.The rest you can find it from search engines :-)

Answer 4

Globalization is defined as a process of growing interdependence between all people of this planet.

Advantages and Disadvantages of Globalization

Some Advantages Some Disadvantages
Increased free trade between nations
Increased liquidity of capital allowing investors in developed nations to invest in developing nations
Corporations have greater flexibility to operate across borders
Global mass media ties the world together
Increased flow of communications allows vital information to be shared between individuals and corporations around the world
Greater ease and speed of transportation for goods and people
Reduction of cultural barriers increases the global village effect
Spread of democratic ideals to developed nations
Greater interdependence of nation-states
Reduction of likelihood of war between developed nations
Increases in environmental protection in developed nations

Increased flow of skilled and non-skilled jobs from developed to developing nations as corporations seek out the cheapest labor
Increased likelihood of economic disruptions in one nation effecting all nations
Corporate influence of nation-states far exceeds that of civil society organizations and average individuals
Threat that control of world media by a handful of corporations will limit cultural expression
Greater chance of reactions for globalization being violent in an attempt to preserve cultural heritage
Greater risk of diseases being transported unintentionally between nations
Spread of a materialistic lifestyle and attitude that sees consumption as the path to prosperity
International bodies like the World Trade Organization infringe on national and individual sovereignty
Increase in the chances of civil war within developing countries and open war between developing countries as they vie for resources
Decreases in environmental integrity as polluting corporations take advantage of weak regulatory rules in developing countries

Answer 5

try listening in class.