JBAS Vol.1 No.2 Sept. 2009 1 An assessment of the impact of tourism globalization in Africa Thomas P. Z. Mpofu 1 Abstract The tourism sector is one of one of the exemplars of the phenomenon of globalization. This is due to the geographical scale of the industry‚ increased spatial linkages between places and people from different locations. The purpose of this paper was to evaluate the extent to which tourism globalization had impacted on African countries. The paper submits that some
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1. Causes of globalization affecting Jamaica: * For Jamaica‚ the main reason for globalization was darker. The energy Crisis of the early 1970s forced the Jamaican Government to take out loans from the International Monetary Fund and the World Bank to cover the rising expenses of fuel based imports. However they weren’t interested in cooperating with Jamaica in developing native infrastructure and resources‚ so they enforced a short-term repayment of the debt‚ budget cuts in areas supporting
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In the globalized market today‚ companies need to make a shift in focus to target consumers not only in their own local markets but across the globe as well. Due to the different cultures and product choices that consumers have throughout the world‚ companies need to provide a variety of product choices that appeal to consumers globally and locally. The report will first give a brief summary of the IKEA case study‚ followed by the strategies used in targeting the global customer segment‚ followed
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To what extent have the processes of globalization resulted in a more even distribution of economic activity across the globe? Globalization is currently a very hot topic and many people have an awful lot to say about the matter‚ creating different theories and points of view. A definition of globalization could be‚ ‘The straightforward exchange between core and peripheral areas based upon a broad division of labour‚ is being transformed into a highly complex‚ kaleidoscopic structure involving
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Starbucks was founded by Jerry Baldwin‚ Zev Ziegler and Gordon Bowker in 1971 in Seattle‚ U.S.A. They named their company after Starbuck from the Moby Dick novel who was a coffee lover. Starbucks sold primarily whole bean Arabica coffee. They got their supply from Alfred Peet of Peet’s Coffee and were under the agreement that once Starbucks ’got too big‚ they would have to roast their own’. Their main focus was to sell a high quality cup of coffee. In 1984 Harold Schultz joined the company as a director
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Is globalisation a good development? Nowadays‚ there are a lot of influences from other countries noticeable in our lives. We can walk into stores founded in the United States or any other possible country. We couldn’t imagine living without having access to famous worldwide brands‚ stores‚ food‚ music and beliefs‚ which have enriched us through globalisation. Globalisation‚ defined by people like us‚ is a very nice thing… unfortunately this doesn’t affect two thirds of the population of this
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“Globalisation has been a blessing for Singapore’s development.” The world we live in today is characterised by globalised markets and a merciless pace of change. Powered by relentless technological advances‚ the forces of globalization have undoubtedly driven the ever-accelerating expansion in economic activity and capital flows‚ even opening previously closed sectors and countries. The economies of countries are becoming increasingly integrated with one another. Indeed‚ living in today’s
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NB: when discussing globalisation some sources discuss remote events such as setting up of East India Company. As term ‘developing countries’ is used students should focus on modern post-colonial era – probably shouldn’t go further back than 1960s |Advantages |Disadvantages | |Multinational companies (MNCs) have more opportunities for Foreign |MNCs tend to use cheap labour – many jobs
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GLOBALISATION VS REGIONALISATION Discuss with the Introduction to part III (pp. 289-293) and Chapter 20 in Stubbs & Underhill as a starting point the relationship between globalisation and regionalisation. Characterise in continuation of this the differences between regional integration in Europe and The Far East. For instance‚ you may reflect upon whether the recent financial crisis has set a new agenda for regional integration (Stubbs & Underhill‚ Chapters 21 and 24) In the past decades
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The Impact of Globalisation on the Australian Economy Globalisation refers to the process of increased integration between different countries‚ (too many ‘and’) economies and the increased impact of international influences on all aspects of life and economic activity. ( u need a better definition of globalization.) Globalisation The process of globalization involves growing economic integration and interdependence among nations. This can be reflected in increasing actual movement across nations
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