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Georgia state University, grade 1, pages 13 isbn (ebook) File size 469 kb language English" paper. Markus bauernfeind (Author), 2005, Drivers of Globalization: Integration of Theories and Models, munich, grin verlag, m/document/57026. Globalization, according to the basic dictionary definition, is the expansion of activities or ideas to a worldwide scope. Globalization is a process that has penetrated all spheres of our life. Largely, it has been influenced by technological advancements, including increased mobility of information, money, and people. Basically, it has penetrated our lives so deep that one can easily take for granted the fact that he or she is driving an American car, watching Japanese lcds, using American iPhone produced in China, eating some Swiss cheese, wearing Italian clothes and using French. Its now a fact that globalization is a process that is observed worldwide and will unlikely be reversed in the nearest future. Globalization has made the world smaller and most distant places easier to reach.
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Other cost drivers to globalization are the opportunity to build global scale economies and the high product development costs nowadays. (Ferrier, 2004) 5) Competitive drivers. With the global market, global inter-firm competition increases and organizations are forced to play international. Strong interdependences among countries and high two-way trades and fdi actions also support this driver. 3 Theories and Models of Gobalization and International Trade.
Theories of International Trade extend to the 15th century and the age of mercantilism. This next paragraph will provide essay a brief summary of the most important theories and also cover two less popular theories, the monopolistic advantage theory (Kindleberger / Hymer) and the integrated eclectic theory (Dunning). 1 evolved from the military arpa (Advanced Research Projects Agency) network 1969, which was extended to an university network 1986 and finally became public as the world wide web in 1990, due to tim Berners-lee at the cern institution (wikipedia, 2005). Excerpt out of 13 pages - scroll top ebook for only.99, download immediately. Vat, format: pdf, epub and mobi for pc, kindle, tablet, mobile. Details, title Drivers supplier of Globalization: Integration of Theories and Models College.
With this foundations it will then try to integrate theories and drivers and compare them to the actual situation and discuss if they are appropriately describing what we are seeing today. 2 Drivers of Globalization, the media and almost every book on globalization and international business speak about different drivers of globalization and they can basically be separated into five different groups: 1) Technological drivers, technology shaped and set the foundation for modern globalization. Innovations in the transportation technology revolutionized the industry. The most important developments among these are the commercial jet aircraft and the concept of containerisation in the late 1970s and 1980s. Inventions in the area of microprocessors and telecommunications enabled highly effective computing and communication at a low-cost level.
Finally the rapid growth of the Internet1 is the latest technological driver that created global e-business and e-commerce. Liberalized trading rules and deregulated markets lead to lowered tariffs and allowed foreign direct investments in almost all over the world. The institution of gatt (General Agreement on Tariffs and Trade) 1947 and the wto (World Trade Organization) 1995 as well as the ongoing opening and privatization in Eastern Europe are only some examples of latest developments. 3) Market drivers, as domestic markets become more and more saturated, the opportunities for growth are limited and global expanding is a way most organizations choose to overcome this situation. Common customer needs and the opportunity to use global marketing channels and transfer marketing to some extent are also incentives to choose internationalization. (Ferrier, 2004) 4) Cost drivers, sourcing efficiency and costs vary from country to country and global firms can take advantage of this fact.
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In the current era of globalization, we must all be aware of the different factor that go into the production of media artifacts and their implications on the different cultures and sections of the society. The media culture of today does tend to support many capitalist values, by undermining the minority interests, and shows a strong effort the that exists between different races, classes, gender, and social groups. We must fully understand and comprehend the nature and effects of the production techniques of the media artifacts and its effects on the certain group of people. We must look deeper into the lines and understand the media culture as to its working, and how it works to change our attitudes, preferences, and views, leading to a social control at the hand of the media. Table of contents 1 Introduction 2 Drivers of Globalization 3 Theories and Models of Gobalization and International Trade.1 From mercantilism to Smith and Ricardo.2 Ricardo to the next step: Factor Proportions Theory and the leontief Paradox.3 Vernon Life-cycle Theory.4 Porters diamond. Discussion of Theories and Drivers.1 Ricardo-mill and outsourcing.2 Dunning, cantwell and the influence of technology 5 Bibliography 1 Introduction "Globalization is not something we can hold off or turn off. It is the economic equivalent of a force of nature - like wind or water.". Bill Clinton (American 42nd us president (1993-2001). The first part of this research paper will define the major drivers of globalization and then introduce some of the basic and advanced theories of international trade and business.
This is why, whenever we see people playing, say, basketball, we automatically assume that the black athlete would be better than the white one. Similarly, media has portrayed the mexicans to be a lazy race in many different television shows, movies, cartoons, and comics. This has affected our organist perception of the mexicans and we tend to think that all Mexicans are in fact lazy. Thus, it becomes very important how a certain group of people is portrayed by the media. This becomes their identity in the eyes of the society. We know that various media and its artifacts can have various effects on us, our lives, and our society. We must understand that much of what we see on television, hear on the radio, or see in the print (e.g. Advertisements) are there in order for us to change our minds about certain views or opinions. What is this but social control?
not be true. Similarly, media can work to create many stereotypes (e.g. African Americans being good at sports, or women being bad drivers) and these become ingrained in our minds because we are seeing them everywhere. Thus, the media causes people to form certain ideas, notions, attitudes, and stereotypes towards the people and events around them by presenting what its controllers want us to see and what might not necessarily be the truth. One of the things that the media causes us to do is to formulate stereotypes for people around us who are from various different social and cultural backgrounds. Media artifacts such as radio, television, film, the Internet and other products of media culture provide materials out of which we form our very identities. These have created our sense of what our selves mean to ourselves; how we feel about being a male or a female; which class, ethnicity and race, of nationality we belong to, and of our sexuality; and of "us" and "them." Perhaps the most important. It is by observing the media that we learn how to behave, and how to think, what to feel, believe and fear of people from other cultures. We learn how to react to members of different social groups by learning from the media and its artifacts. For example, the media has popularized on many occasions that African Americans are always good at sports.
In the end, the authors write, today's globalization is essays part of a long-running transformation and has not ushered in a "global age" radically different from anything that came before. This book will appeal to historians, economists, and anyone in the social sciences who is interested in the historical emergence of globalization. Jürgen Osterhammel is Professor of Modern and Contemporary history at the University of Konstanz. He has published on modern Chinese history, imperialism, and the theory of history. Petersson is Senior Lecturer in History at Sheffield Hallam University and has published on imperialism and economic history. Media stereotypes, different media have projected various issues about our lives in various ways. It is no doubt that the opinion and the views of the public can easily be swayed (or controlled) by manipulating the content on the various media artifacts. People's opinions can be shaped by what their views are on a certain issue. Since there are many different kinds of media in the world and since different people prefer different media as their source of information, the choice of media and the way the issue of information security is presented in each media is very important in making.
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"Globalization" has become a popular buzzword for explaining today's world. The expression achieved terminological stardom in the 1990s and was soon embraced by the general public and integrated into numerous languages. But is this much-discussed phenomenon really an invention of modern times? In this work, jürgen Osterhammel and niels Petersson make the case that globalization is not so new, after all. Arguing that the world did not turn "global" overnight, the book traces the emergence of globalization over the past seven or eight centuries. In fact, the authors write, the phenomenon can be traced back add to early modern large-scale trading, for example, the silk trade between China and the mediterranean region, the shipping routes between the Arabian Peninsula and India, and the more frequently traveled caravan routes of the. Osterhammel and Petersson argue that the period from 1750 to 1880-an era characterized by the development of free trade and the long-distance impact of the industrial revolution-represented an important phase in the globalization phenomenon. Moreover, they demonstrate how globalization in the mid-twentieth century opened up the prospect of global destruction though nuclear war and ecological catastrophe.