In the contemporary era, the international situation is developing in a direction unpredictably. Hegemonic stability theory can explain the world tendency. After the Cold War, the United States has become the global major power and had been growing faster than Europe and Japan which has caught up in a decade. At the initial time of modern age, the world’s most dominant state can manage the international affairs without concerning about counterbalancing with competitors. The world has entered the age of American unipolarity.
“Public relations is the strategic communication that different types of organisations use for establishing and maintaining symbiotic relationships with relevant publics many of whom are increasingly becoming culturally diverse” (Sriramesh & Verčič, 2009). The essential terms utilized as a part of the definition have been clarified the fact that the important publics are multicultural and situated in multiple regions of the world largely due to globalisation. It is applicable to perceive that globalization is not a 21st century wonder. At different focuses over social history, globalisation has occurred and have traded their qualities and the distant past. For example, concentrating on the late history, one could say that globalization happened when quite a bit of Europe had to be reconstructed after World War II.
Globalization has contributed in important ways to the worldwide growth of economy, politics, technology, social and culture of various countries. Globalization is a relative new term used to describe a very old process. Therefore, globalization is the simply the integration and development of the globe. This short literature consist of three parts; the benefits of globalization, the effects of globalization on government and the people of the pacific and finally the ways in which the adverse effects can be mitigated or solved. I.
Globalization in the twentieth century is widely accepted to have undergone ups and downs; international financial crises and the two World Wars led economic growth, migration, and the rate of cultural exchange to falter and even regress between 1914 and 1944. In the last fifty years in particular, this essay will show that the process of globalization has become more dominated by large corporations, more global in its reach, and more relevant to the individual. The world has become increasingly smaller and better connected. The exponential growth of the internet between the mid-1990s and the present day has played a huge role in shaping and accelerating global interactions in the twenty-first century. In 1995 fewer than 1% of people worldwide had internet access in their homes; today that figure is closer to 40%.
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.
INTRODUCTION: Globalization is a process of economical, political and cultural combination and unification.Globalization involves many countries and majority of huge organization. Globalization, which gathered force during the last quarter of the twentieth century, has created unique opportunities and posed new challenges for development. Information Technology With Globalization: IT is a driving factor in the process of globalization.Applications are changing the way humans use and share statistics for personal, political, and business functions. These trends have facilitated performance profits in all sectors of the economy. IT drives the progressive use of source to promote new products and ideas across countries and cultures, regardless of geographic area.Creating
Globalization is a continuously growing process by which the flow and unification of ideas, goods, materials, technologies, and people between countries are interconnected, a process maintained and powered by investments and information technology. The historical existence and continuous persistence of Globalization has made it so difficult to actually define its future, therefore also not simply easy to say it is bad or good. But one thing is obvious it is inevitable “Is Bad” or “Is Good”. The overwhelming advantages of Globalization which however, twined with lots of critics specifically analyzed by various economist, results to some of the following to mention a few: • Continuous growth of international trade and markets resulting to economic wealth of the participating countries and to be specific participating parties. Thanks to the advance improvement of technology which made transportation easy as cheap to use, commutations and its media is faster than ever and continuous to do so.
GLOBALIZATION AND COMPANIES’ ANSWER Internationalisation is a process started centuries ago, which has faced a strong development during the last decades thanks to the reinforcement of the interdependent relations between the international markets. Valdani (2003) e Majocchi (2007) divide the internationalisation in fourth different temporal phase. In the next pages, only the last phase, globalisation, will be taken into consideration. Globalisation, in the economic term, is the event that shows itself as an international movement toward economic, financial, trade and communication alliances. This process is also perceived as the activity that incentives companies, countries, people and knowledge to detach themselves from a local and nationalistic perspectives and to get close to a broader outlook, in which world is interconnected and interdependent (Business Dictionary).
Goods and services can also be transported within a day. Information is being shared within a matter of seconds. Globalization broadly refers to the expansion of global linkages, the organization of social life on a global scale, and the growth of a global consciousness, hence to the consolidation of world society. 1.1.Scope of globalization. Stegar (2013),Globalization has both good and bad aspects, but it is not inevitable.
In today’s fast moving world, there is an increased amount of interdependence among nation states. How countries deal with each other, and the roles of countries in the international arena is greatly influenced by globalization, because of this realities of international politics are always prone to change. One vital factor in international relations is the balance of power between states. Starting from the early 20th century the world experienced a multipolar and a bipolar international system. Meaning, that there was more than a single great power and no given nation-state was any more powerful than any other nation.