Globalization assignment
Globalization
By: Ehab El Nezamy
2nd MKTG DIP B
Assignment highlights
Different definitions for Globalization
Pro & Con statements regarding Globalization
Globalization Definitions
Best definition
“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” Areas affected
Investment
–
Investment can alter entire methods of production through transfers of knowledge, technology, and management techniques, and thereby can initiate much more change than the simple trading of goods. Over the past years, foreign investment has grown at a significantly more rapid pace than either international trade or world economic production generally
Health
This increased movement of both goods and people increases opportunities for the spread of disease around the world. And it’s not just goods and services that can travel across oceans and state borders—so can diseases like AIDS, malaria, or tuberculosis, swine flu,
Mad cow disease,…..
Culture
For many people, their own cultural values are too important to put a price tag on, and no destruction can be considered "creative."
On the other hand, globalization can also be a profoundly enriching process, opening minds to new ideas and experiences, and strengthening the finest universal values of humanity. Environment
“Shrimp/Turtle case”
A 1998 WTO decision overturning a U.S. law intended to protect sea turtles had become a flash point for concerns voiced by these protestors about the effect that open trade and globalization have on the environment.
The decision, known as the "shrimp-turtle
By: Ehab El Nezamy
2nd MKTG DIP B
Assignment highlights
Different definitions for Globalization
Pro & Con statements regarding Globalization
Globalization Definitions
Best definition
“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” Areas affected
Investment
–
Investment can alter entire methods of production through transfers of knowledge, technology, and management techniques, and thereby can initiate much more change than the simple trading of goods. Over the past years, foreign investment has grown at a significantly more rapid pace than either international trade or world economic production generally
Health
This increased movement of both goods and people increases opportunities for the spread of disease around the world. And it’s not just goods and services that can travel across oceans and state borders—so can diseases like AIDS, malaria, or tuberculosis, swine flu,
Mad cow disease,…..
Culture
For many people, their own cultural values are too important to put a price tag on, and no destruction can be considered "creative."
On the other hand, globalization can also be a profoundly enriching process, opening minds to new ideas and experiences, and strengthening the finest universal values of humanity. Environment
“Shrimp/Turtle case”
A 1998 WTO decision overturning a U.S. law intended to protect sea turtles had become a flash point for concerns voiced by these protestors about the effect that open trade and globalization have on the environment.
The decision, known as the "shrimp-turtle