We now know that that assumption is far from the truth. What we were witnessing was fragmented globality. It was an increased but selective form of capital, which also intensified the differences between labor markets across national borders and the uneven integration of global consumer markets. Frederick Cooper argued globalization was more of a discourse than a applicable reality; it may cause change over time but it lacks a perspective of history needed to differentiate between its mechanisms and limits of spatial
● The quality of products offered is decreasing due to having more third-party sellers joining the marketplace (e.g. selling junk) ● Fake product reviews which is degrading the honesty of the system and damaging customers faith in Amazon’s products ● Amazon delivery drivers entering multiple homes unauthorized poses critical threats and concern to Amazon’s customers, not to mention their brand. ● There have been several warnings posted to users of Amazon’s cloud data storage service including private customers as well as the world’s biggest businesses, government, and other public bodies. ● Maintaining Prime service is becoming too expensive ● Brutal workplace stigma, including collapsing of warehouse workers and employees crying at their desks 2. Fact Finding ● (Refer to the excel document for financial ratios) 3.
Immigrants and the global economy is a complex issue, there are many different opinions and the perspective of some people is just based on their anxiety. Several people such as Steven Woolfie are completely convinced that migration has a negative impact on the economy of the world. Some of these people are afraid of what migration could change in their life. On the other hand we have people like Gavin Laurence Barewell; British politician of the
Several organizations implement HR policies and practices that are harsh in nature and don’t see employee benefit. They might be fine keeping in mind the company’s interests but also contribute to the attrition rate, employee turnover because they can be very demotivating to the employees. Such policies may be in line with the business model but are not in sync with the employee. Employees feel that these organizations are selfish and only care about the business and not the employee’s welfare. However, no company wants to let go of its employees because higher attrition rates lead to a negative name in the market for the company.
Economic. Corruption depletes national wealth. Corrupt politicians invest scarce public resources in projects that will line their pockets rather than benefit communities, and prioritize high-profile projects such as dams, power plants, pipelines and refineries over less spectacular but more urgent infrastructure project, such as schools, hospitals and roads; (3). Social. Corruption undermines people’s trust in the political system, in its institutions and its leadership.
Globalization has affected social, economic, technological, and political factors immensely, leading to a proliferation in non-state actors. Essentially, non-state actors have the power to challenge international political systems, in terms of the use of force sovereign states use. Violent non-state actors can lead to the weakening of states, resulting in fragile states that are impotent to maintain loyalty and needs of its population. This results in the population reverting to other states, which leads to international conflict. Due to the political and legal systems being incapable of
Effects on a country’s peace and stability When the country does not have social cohesion, different groups of people will start to attack one another and riots can occur. When there are riots, people get injured and many things will be destroyed. There would be increased hostility amongst the different racial groups and people would use these issues to create conflict. Hence, there would be a lack of unity among the people. This would greatly affect the country’s economic growth as investors would not feel safe to set up their company
It led to unemployment. The establishment of foreign companies implies new technologies were going to be used and Kosovo being a poor country did not have these technologies to train the workers. This led to the employment of foreigners into these companies and increased the unemployment rate of the country. It also caused income inequality. Income was distributed to workers based on their skilled levels which widened the gap between the rich and the
Steve Jobs once stated, “you can’t just ask customers what they want and them try to give that to them. By the time you get it built, they’ll want something new”. The major cons of capitalism involve many problems such as people not being given equal opportunities however the believers of capitalism see differently because they know the harder you work the greater rewards will show. Unfortunately, this is a major problem as people are being left behind in the shadows of the successful in a society full of capitalists. Another unfortunate con is that some major capitalist’s use their power irresponsibly and poorly towards the society, this gives them bad reputations as at the end of the day they are the successful and therefore looked up
Militant and extremists have threatened the territorial integrity of the State. Present government is facing conflicting pressure from the United States and the militant extremists. The economy is in fiasco and over inflation coupled with lack of investment and the flight of capital is destroying the different sectors of government and society as well. Uncontrolled corruption, nepotism and breakdown of civic facilities have detained the nation. Poor law and order created by mercenaries, criminals and extremists have taken a heavy toll on the daily life of general public.