Compare and Contrast Qualitative and Quantative Research Method

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Business Globalisation
Unit 7
Word Count:

Table Of Content

Particulars Page No. Introduction.......................................................page 3

Globalisation ..................................................... Page 4

Reasons for The Growth.................................... Page 4-5

Process of Globalisation and Effects................. Page 5-6

Conclusion.........................................................Page 7

References ....................................................... Page 8

Introduction:

According to modelski et al, (2007)

Globalisation in business is a historical process, the term “Globalisation” begun to use more commonly in 1980s, which happened due to of innovations and the research which has been done from a long time on improving the communication and technology. Just because of the fastest communication today more or less every business is dealing their customers using technology and having the communication with them using modern devices.
Here in my assignment i will discuss about the globalization and what are the reason for the growth of globalization?.I will also discuss about the process of globalization and its effect in the market.In my case study i will take the Siemens AG company.

Siemens AG is a global electrical and electronics business with a turnover of £53 billion. The business employs over 450,000 people. Siemens is multi-national. It operates across 190 separate nation states. Executives in Germany and across the world must make decisions in the best interests of Siemens' shareholders. Most multinationals have many capabilities. They must make decisions about where their separate activities should be. For Siemens it is not efficient to design and manufacture all products in all countries. It is more efficient to concentrate manufacturing to keep economies of scale through specialization. Products can be shipped anywhere within the group.

Globalisation:

According to modelski et al,(2007)
“globalization” as (the process of) “emergence of institution of planetary scope” As readied by Isard (2005) in globalization and international financial system. Imagine the world twenty years ago when there were no personal computers, no laptops, no mobile phones the communication was very slow and because of not having the internet facility there was a limited communication not for the people within the country but internationally as well, as we do emails today which takes only few seconds to reach the recipient there was no concept like that and the messages sending and receiving was dependent on days and weeks, this all is changed now just because of globalisation. According to J.Ali (2000)

“Firms across the world have recognized that globalization is a reality that creates unlimited opportunities while intensifying competitors and threats” Globalisation is the integration between the markets, nations, states and technologies it is the way which enables the individuals, corporations, organisations, nations and states to reach the world easier, cheaper, faster and safer than ever before, it affects everyone like the internet has enabled everyone to connect to each other at any time and to learn the aspects of any culture in the world, now the trade is much easier and is diversified, the ideas are being shared among all people of earth the cultures are being refined the globalisation is conquering markets and capturing hearts. There are a lots of organisations which are selling their products throughout the whole world the picture of international trade has been totally changed. Reasons for the growth of globalisation:

As the communication barriers have been removed the need of international trade exposed, the company’s thought to expand their businesses...
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