Examples Of Globalization

GLOBALISATION

Aaron chung

08HI3A

1)Definition:

Globalisation is a word that came about in 1980s. People believe that it’s just a phenomenon but globalisation has been happening for a millennium. An example of it would bee when the roman empire used globalisation to spread governing systems and economics for a significant amount of history. Another example is the silk road and how merchants and tradesmen came to sell which is also globalisation. So, when then can safely say that globalisation is a process in which ideas and goods are spread to share governing, economics and cultures.

2) Examples of globalisation:

There are many examples of globalisation, such as food companies opening around the globe or ideas becoming reality and then

That’s globalisation…... I have already pointed out 2 of the very few globalisations that has happened around the world. The silk road were merchants and traders come to trade and share ideas and cultures to spread across the globe. McDonalds, burger king (hungry jacks), subways are all globalized as well as they have been spread all over the world including Asia, Europe and the UK. Even though simple things so called “needs” in this century for example the computer was made by Charles baggage an English man, and how do u think it’s in Australia, Europe or Asia, from globalisation. How do we receive the computer? Well this is also globalisation as they are selling the computers around the world to share the idea that has come to life by the people that made it or designed it. Christianity was spread using globalisation as well otherwise how are there about one-third of the population of china is now Christian if it didn’t originate there. What did originate there was Buddhism, but why don’t they believe in Buddhism if it originates from there, well thanks to globalisation it was shared to china and though

Industry consolidation: Major trend as companies have cash/industry is fragmented/new strategies needed to tap growth areas in emerging markets. The rise of China: China emerging both as a producer and consumer; Supply chaining: Companies in more mature industrial countries are increasingly forced to look to assets (and growth) by setting up production operations (steel factories) in key developing economies that places then close to natural resource supplies (both in terms of inputs and energy). The global steel industry is highly cyclical, very competitive and still fragmented in terms of market share. Currently the industry is at the height of the business cycle and is going through a consolidation phase, which might result in the smaller players being acquired by the larger ones. The total output from the industry exceeds 1.4 billion tons in 2005, most of it augmented by the increase in output from China. This is expected to increase further, making steel output from China among the largest in the world. The steel industry demonstrates a high degree of variability, both in terms of earnings and production. The factors attributable for driving this variability are global economic conditions with a particular sensitivity to the performance of the automotive, construction, capital goods and other industrial products