The influence of the international business on daily life of people We wake up wearing pyjamas designed in Spain and made in Vietnam, on a bed bought in a Swedish Ikea in the Czech Republic, clean our teeth with a Swiss toothbrush and cut South American fruits for breakfast with a sharp Japanese knife. We drive to work in a car designed in America, manufactured in China and assembled in Europe. In the age when almost every country in the world acknowledged the theory of the free trade, and the days of the protectionism are deep in the past, the humanity has become a consumer society and the international business has enormous influence on lives of most people in the world. Transnational corporations work day and night, spending millions of dollars on research, inventing new brands and persuading …show more content…
It can be quite often that in certain circumstances people become victims of unpleasant situations that could happen because of the international connections between some countries or transnational corporations. It is clear that the governments are one of the main participants in the international business, taking many actions every day to strengthen their political influence abroad. Some of those interactions lead to international disputes or even conflicts. We do not have to go deep in the past to remember a perfect example of such situations. It is well known that many of the European countries import tremendous amounts of natural gas from Russia, and the biggest company in the region representing that branch and conducting the business is Gazprom. It is no news that the Russian government tends to have certain disagreements with its European partners and, most of all, Ukraine. Due to those political reasons it happened several times that delivery of the natural gas was on the verge of stopping. If such a situation ever happens, it will be the ordinary people who are going to suffer from
Conflict resolution in the United States may be achieved by the cooperation of states, opening up proper channels for information to flow, and through the prevention of Russia taking any further action which may cause harm. While the institutions and rules put into place do not explicitly assist states in achieving their respective self-interests, through cooperation these states, such as the United States, increase their security and chance of
Another benefit from switching to clean-burning natural gas is a decrease in pollutants in the air, which will decrease airborne illnesses and premature deaths. He discusses the impact of energy independence for countries that rely on insecure regions for their energy needs. For example, the U.S. will rely less on the Middle East, Europe will rely less on Russia and India will rely less on Iran. By presenting fracking as the answer to the world’s problems, Pierce counters the arguments of critics who cite the environmental problems of fracking. His paper is one-sided because he leaves out the other side of the debate by ignoring any negative aspects of fracking.
He soon turned his attention toward Ukraine, the most troublesome of the non-Russian Soviet republics. The Ukrainians were fiercely independent, given to ignoring orders from Moscow and keeping their agrarian way of life. “At a time when Stalin wanted to build a strong industrial base, they clung to their rural peasant traditions. At a time when he wanted to abolish private ownership of land, they refused to surrender their farms. In short, the Ukrainians had become a threat to the revolution….”(Document
This shows that Russia does not even believe, or admit that what they are doing is wrong. James Mattis is Trumps Pentagon pick and at his senate confirmation hearing he portrayed Russia as a “strategic adversary[Rival] and placed it at Number one on his list of security threats”( Source E). The last time Russia was the number one threat to America was in the Cold War. With all of the other threats to our country, including ISIS, Russia was put at the top of the list which shows just how serious the huge contemporary issue between America and Russia has truly become.
Fracking is a method used to extract natural gas and should be continued because it is a viable source of energy, economically beneficial, and poses no threat towards groundwater. In the first place natural gas produced by fracking is a viable source of energy. Fracking is so effective that in “4 months of a good shale well will produce enough energy to power around 11,000 homes for those 4 months,” - (Sweet). An example of the energy from fracking is: “Domestic crude production increased from 5 million barrels a day to 7.3 million barrels a day.” - (Kashi)
During the 1760s and the 1770s, there was a major problem growing between the two countries: Great Britain and America. The founding fathers of America were in a confusing situation about the tension between the two countries and had to come up with something to do to solve the problem. The major problem at that time was how the colonists were getting treated by Great Britain, and regardless of whether the colonists should declare their independence from Britain. With the creation of Common Sense written by Thomas Paine and the Declaration of Independence written by Thomas Jefferson, both documents explain why America pushed to declare their independence from Britain. Many people say that Thomas Jefferson used no books, documents,
According to Climatecentral.org, “fracking for natural gas used to produce electricity may make Texas more drought resistant as the state shifts from coal power generation to natural gas power generation” (Magill). This could be a major breakthrough for Texas because not only would we produce electricity and save our environment, but we would also save millions of gallons of water. The amount of water we could save by shifting from coal to natural gas plants “is up to 50 times the amount of water lost in fracking to extract the natural gas from underground shale formations. According to the article, “The study’s authors estimate that for every gallon of water used to frack for natural gas, Texas saved 33 gallons of water by using that gas for electricity generation rather than producing the same amount of power with coal” (Magill).
I am really neutral on the issue. I know there are benefits to fracking for natural gas. It is better for the climate than fossil fuels, and it is cheaper. What I do not know is the extent of the damages it can potentially cause. It is a relatively new practice, and enough time has not passed to cause justification or condemnation.
Since the United States will be getting their own natural gases from fracking then that means the “United States will not have to buy and import natural gases from other countries, saving money in the process” (Rogowsky) therefore the “United States will become more independent and not rely on other countries” (Rogowsky). This is important because the people of the United States will also be able to save money because “the gas prices for cars will go down significantly as the gas supply goes up” (Rogowsky). Not only this, but the prices for medicine are sure to decline as well, “natural gases are an important chemical feedstock in some packaging medicine” (Rogowsky). With fracking, the medicine prices will take a dive also resulting in the American people saving money. With the increase of fracking there will be a higher supply of gas and medicine, which makes the prices decrease and people will save
What do you do when you run out of gas in your car? Will you stop using your car? or Will you go to the gas station and refill your tank? Natural gas that has been pumped up from fracking nearly fuels 40% of the U.S. energy consumption. Without fracking, the price of gas would have a drastic raise from $3.25 to $11 per gallon, so consumers would have to pay about $130 or more to refill their gas tank.
In International Relations, various theoretical perspectives are employed to provide a clear framework for the analysis of complex international relationships. One key concept that scholars have strived to fully analyze is “anarchy” and its significance within the International System. Anarchy, as defined by many IR scholars, is the lack of an overarching authority that helps govern the international system. (Class Notes, January 29). Its importance and power to dictate actions between states is often debated and various theories have been used to describe its significance.
This applies to all stakeholders’ groups - investors, business managers, labour, suppliers, consumers, administrative bureaucrats and politicians , government servants, young and old men and women as also all types of organizations - firms, trade associations, civic authorities, civil societies, social and cultural organizations, religious centers, scientific bodies, educational centers, political parties, the military organizations. Those who cannot adapt to the global forces sooner will lose their stability and struggle to survive. Those who adjust and convert global opportunities into strategies that make them stronger and continuously relevant so they deal with the threats from the environment more effectively. Globalization is the main factor of the international business. This is a new era of globalization that brings with it opportunities and also new challenges with the dynamics of a free market.
2. Main causes and drivers of globalization The treaty of Westphalia in 1648, has been known to be the beginning of the system of sovereign states. Unlike the previous treaties, the treaty of Westphalia drew up a list of core principles, which re-defined the conception of the state; territories were defined, and the lands uninfringeable. Supremacy of the nation-state became accepted as the norm and hence allowed growth of international relations (Pant, 2011).
Evaluate the positive and negative of globalization on Vietnam Today, there are increasing international brands set their factories in Vietnam such as Columbia Sportswear, L.L.Bean and Nike(DangThu,2011). It is not a secret that globalization is increasing substantially and creating new opportunities for Vietnam. As Wild and Han said, ‘Globalization trend toward greater economic, culture, political, and technological interdependence among national institutions and economic. ’(Wild&Han, 2006:6) However, globalization not only took benefits to Vietnam.
The aim of this assessment is to reflect on what I have learned this semester regarding the module of Business in Global Context; from the lectures with the professor, the case studies done in class and the three previous patchworks that we worked on. We have learned that there are different internal and external components that affect the business environment, from corporate social responsibility to cultural and institutional framework; organizations must take into consideration all the factors related to the different parts of its environment. For the topic discussion, I will be discussing globalization and how it has affected the global business environment along with the key aspects and the different point of views regarding it.