Globalization and multiculturalism - nov 29

Globalization and multiculturalism - nov 29 - competition...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Globalization and multiculturalism Globalization- What is it? -The merging of previously domestic spaces and issues into one multifaceted and interconnected global village -term to describe the growing interdependence of people with regard to societal influence, economics, and cultural exchanges -refers to the increasing economic integration and interdependence of countries -A global movement to increase flow of goods, services, people, real capital, and money across national borders. Key Drivers -market new markets strategic alliances demand for products -cost source of inexpensive labour cheaper raw materials new sources of capital -competition Competition producing similar goods of equal or better quality at lower cost
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: competition can come from anywhere-government Trade liberalization policies industry deregulation privatization participation in globalization institutions-technology Advances in information and communication technologies facilitates coordination of business activities from anywhere cross border banking Homogenization of many enabling technologies Globalization can create new issues for business-damage to environment-support for oppressive regimes-criticism of marketing practices ex. Tobacco, pharmaceutical- arms trade-treatment of employees (ex sweatshops- corruption and bribery Globalization: good or Bad?-There is considerable debate over whether globalization is good or bad...
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern