may affect Aluminum Systems Ltd.
"Essentially, globalization is a phenomenon that connects the world and its people and markets together, and is facilitated by ICTs and the interdependence of the global economy." (Millar, 2008)
"Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world." (The Levin Institute, 2007)
The actual trend of globalization has been driven by policies that have opened economies domestically and internationally in the years since the Second World War, and especially during the past two decades when many governments have adopted free-market economic systems. To take advantage of new opportunities in foreign markets, organizations have built foreign factories and modified their structure adopting an international industrial and financial business structure.
The other principal driving factor of the globalization has been technology. The progress made by information and communication technology gave to the consumers, investors and businesses a powerful tool for identifying new opportunities in foreign markets, an easy way to transfer assets or an easy and very efficient way to communicate with remote partners. (The Levin Institute, 2007)
ASL may be affected both negatively and positively by globalization.
It may be affected negatively as follows:
• Because of globalization and free-market concept overseas companies may want to come to NZ, selling different windows and doors systems and competing ASL products both in the residential and commercial sector. At the moment, the ASL Australia (the Australian branch) faces... [continues]
Cite This Essay
(2009, 08). Globalisation and Environmental Changes. StudyMode.com. Retrieved 08, 2009, from http://www.studymode.com/essays/Globalisation-And-Environmental-Changes-227056.html
"Globalisation and Environmental Changes" StudyMode.com. 08 2009. 08 2009 <http://www.studymode.com/essays/Globalisation-And-Environmental-Changes-227056.html>.
"Globalisation and Environmental Changes." StudyMode.com. 08, 2009. Accessed 08, 2009. http://www.studymode.com/essays/Globalisation-And-Environmental-Changes-227056.html.