2 In a short essay explain the concept of sovereignty How does globalization

2 in a short essay explain the concept of sovereignty

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2) In a short essay, explain the concept of sovereignty. How does globalization affect sovereignty? For the long time the concept “sovereignty” have been actively discussed and it continues to
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be one of the debatable themes. And during that time its meaning and content have changed, especially during the Enlightenment. The modern conception of “Sovereignty” consists of four aspects. They are territory, population, power and recognition. Interrelationship between goods and services, also finance, and market, which were defined by transnational corporations are important part of economic globalization. There is no doubt that over the past decades the levels of globalization of trade and investment, in terms of economic globalization has accelerated. For example, by shifts in worldwide economy, Japan or U.S. achieved the new set of limitations about freedom of action of nation states by internationalization of business markets (technology, manufacturing, services). Also, World Bank and International Monetary fund face new constraints and imperatives. 3) In a short essay, explain how a "pay-for-performance system" and "lifetime employment" complicate company activities. Explain how these two cross-cultural differences reflect Hofstede's long-term versus short-term orientation. The 'pay for performance' and 'lifetime employment’ are two intercultural contrasts that can confound an organization's movement. For instance, China and Japan where age is the most significant deciding component. Employees in some Asian nations keep up paternalistic relations with their bosses. They can entangle relations with their managers. Likewise, Western directors are attempting to rouse representatives what they anticipate. These multifaceted issues mirror the social parts of Hofstede's long and momentary direction. Besides, long haul or transient direction alludes to degree to which individuals and associations defer rewards for making long haul progress. Likewise, individuals have a long haul relationship will in general take the long view arranging and living yet they are focused on years. Hofstede’s disclose a fifth measurement to his system: long-term versus short-term. This measurement give how much individuals and associations concede delight to make long-term progress. That is, firms in societies with a long-term direction focus on years. The long-term measurement is best shown by the qualities including devotion, diligent work, grateful for training, focus on collaboration with team. 4) Explain the five different approaches to examining ethical problems. What are the difficulties that are likely to arise while using these approaches? A human rights approach The other important approach to ethics is rooted in the philosophy of the 18th-century thinker Immanuel Kant and other people like him, who have focused on the individual's right to choose for themselves or for themselves. As these philosophers put it, people differ from the
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