Also, because of globalization international business grown, improved and removed a lot of obstacles when interacting with international markets. Then again, globalization can likewise be a significantly enhancing process, opening personalities to new thoughts and encounters, and fortifying the finest all-inclusive estimations of mankind. For the culture factor is like a code we as a human being live with. It also includes the arrangement of convictions, good values, conventions, dialect, and laws (or standards of conduct) held in like manner by a
In my opinion, technology is the big roles or function that brings the globalization. Same as Kenichi Ohmea words, globalization as a borderless world seeks to change the world into a single unit only. This process is easier with the advances in communication technology. There are numerous ways in which globalization has impacted the world. The globalization has impacted on education, economic, culture, language, food and others.
Many have organized themselves into trade blocs like European Union, the WTO, the G8. This has reduced the sovereignty of nation states in taking important decisions with respect to their country where we see massive intervention of these organizations in all fields. It should be noted that the executive body of all these organizations are from USA and European countries which was reflected in their decisions as all of them were pro West legislations.Another major impact of globalization is the increased influence of Non Governmental Organizations in public policy like humanitarian aid, developmental efforts etc. Many organizations have come forward with the mission of uplifting the most unprivileged societies of the world where there is massive funding of millions of dollars. Globalization has also lead to the growth of terrorism.
Moreover, in some countries that have a low scale of labor salaries, the local businesses cannot compete with multinational industries job offers. 4. How business operates: The complex interconnection all over the world affects the way that business operates. Every company and organization should be aware of globalization and its impact in order to survive in the economic world. As Parker mention in his book (Parker, 2005) “Although many organizations are not global, virtually all are affected by globalization”.
This process makes the competition for the domestic manufactures, industries and encourage high rate of efficiency. The China’s government supplied some more ways in which to develop its domestic and foreign investment. Conclusion: In point of fact, globalization provides the world opportunities for developing countries to keeping up with the altering world out of their origin homeland. As well as that globalization helps developing countries to cope with rest of the world enlarge their economic development, find a solution for poverty problems in their country. However, it has made the connection between developing countries and developed countries stronger, it made each country rely on another country.
As it is said in the article “Globalization and Local Culture” by Levine Institute (No date, P.179), people worry about losing their local cultural industries through the film and entertainment industry. For this reason, countries like France try to protect their own by restricting the number of foreign films that can be shown. Effects of Technology One positive impact globalization of technology has had on the world is communication. The mobile phone has been at the most noticeable of the technological charge. We have gone from using pigeons with messages strapped to them to a hand held phone that can send a message in the blink of an eye.
And what’s is the effects of Globalization on our local community? Well, Our International connection with the other nation is a never ending relationship of give and take because as a global citizens, we have the right to learn about different world wide ideas, global issues, and consume products from other regions, such as food and clothing. However it is also the duty of us global citizens to share our goods with the rest of the world and exports products that benefit our world community. There are several things that effects our community
Globalization has affected countries in numerous ways; Socially, economically, and politically. The ways that globalization has done so is typically looked at it a harmful way. People have the idea in their head that globalization negatively impacts their surroundings and has the potential of creating conflict, but when looking
globalization is a procedure of worldwide monetary, political and social incorporation. It has made the world turn into a small village; the outskirts have been separated between countries it is playing an undeniably imperative part in the creating nations. It can be seen that, globalization has a huge positive and negative impact mainly on culture. Not only that Globalization brought the world together but it also brought some interesting life challenges . one positive impact Globalization had in culture is the spread of traditions, products and items.