Bus606 Global Impact Paper
Impacts
Daniel Hemingway
BUS606: Global Comparative Management
Dr. Hector IwekaSeptember 7, 2014
Global Impact
From just reading the title alone it is easy to assume what the remainder of this paper will be speaking about; however, the topic itself has more entwined turns and shifts than a mere title can divulge. Globalization is a group of process, methodologies, theories, and principles that stretch across the world and appears dressed in one uniformed concordance. Globalization’ impacts are highly visible as it has forged civilizations out of unbeaten and hidden paths of the deepest jungles; and even within jungle communities so primitive to the point where modern currency is still in the form of animals and artifacts. Business …show more content…
Globalization has focused energies, regulations, and strategies toward developing poor undeveloped nations and third world countries thrusting them into various development stages. It has enabled some developing countries to became larger and richer quicker, while giving other poor countries the opportunity to improve their economic structure. Structures that have changed in response to the forces of comparative advantage: in other words, they have moved up the value-added chain (Spence, …show more content…
However, globalization impacts are very lopsided producing negative counter effects to areas that may have once been previously protected; mainly, cultural difference (Lee, & Vivarelli, 2006, p. 167). Globalization is best blamed for integrating Western products and time saving methods with ancestral and historical time consuming methods and procedures to complete various processes.
It has also introduced younger generations to ‘skip around’ tactics that often suck out or irreversibly alter cultural traditions, losing century old principles, techniques, and strategies. This process has introduced business products to areas / locations that had no need for music or clothing. It has brought televisions and telephones into jungles where outside communication was once unheard of, and it has brought weapons and thieves to locations where natural resources were harvested according need and not value. Some consider globalization a miracle but it is clear to see how others consider it a cultural
Daniel Hemingway
BUS606: Global Comparative Management
Dr. Hector IwekaSeptember 7, 2014
Global Impact
From just reading the title alone it is easy to assume what the remainder of this paper will be speaking about; however, the topic itself has more entwined turns and shifts than a mere title can divulge. Globalization is a group of process, methodologies, theories, and principles that stretch across the world and appears dressed in one uniformed concordance. Globalization’ impacts are highly visible as it has forged civilizations out of unbeaten and hidden paths of the deepest jungles; and even within jungle communities so primitive to the point where modern currency is still in the form of animals and artifacts. Business …show more content…
Globalization has focused energies, regulations, and strategies toward developing poor undeveloped nations and third world countries thrusting them into various development stages. It has enabled some developing countries to became larger and richer quicker, while giving other poor countries the opportunity to improve their economic structure. Structures that have changed in response to the forces of comparative advantage: in other words, they have moved up the value-added chain (Spence, …show more content…
However, globalization impacts are very lopsided producing negative counter effects to areas that may have once been previously protected; mainly, cultural difference (Lee, & Vivarelli, 2006, p. 167). Globalization is best blamed for integrating Western products and time saving methods with ancestral and historical time consuming methods and procedures to complete various processes.
It has also introduced younger generations to ‘skip around’ tactics that often suck out or irreversibly alter cultural traditions, losing century old principles, techniques, and strategies. This process has introduced business products to areas / locations that had no need for music or clothing. It has brought televisions and telephones into jungles where outside communication was once unheard of, and it has brought weapons and thieves to locations where natural resources were harvested according need and not value. Some consider globalization a miracle but it is clear to see how others consider it a cultural