Assignment Title: Individual Assignment – Book Review Book title: The World Is Flat- the Globalization World in the Twenty First Century Author: Thomas L. Friedman Introduction ‘The World Is Flat- the Globalization World in the Twenty First Century’ is a well written book by Thomas L. Friedman based on his personal experience‚ case studies‚ and etc. He explores the political and technological changes that have made the world a smaller place. From the explosion of the internet to the dot com bubble
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In his article‚ “The World is Flat‚ After All”‚ Friedman discusses the progression of the world via Globalization. Starting from the initial age of Globalization between 1942 and 1800 when countries were globalizing for resources and imperial conquest‚ to the secondary age with the corporate revolution (1800-2000)‚ and finally‚ to today’s era of globalization that is not limited to where you live‚ what race you are‚ or how much money you have. Each stage of globalization brought about change by new
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GLOBAL BUSINESS STRATEGIES READING REPORT Savannah Benton The World Is Flat by Thomas L. Friedman. Pp. 533-579 April 21‚2015 I. Four noteworthy quotes or key insights from the assigned reading. 1. “I believe that capabilities create intentions. If we create an Internet where people can open an online store and have global suppliers‚ global customers‚ and global competitors‚ they will open that online store or bank or bookshop…The history of economic development teaches this over and over: If you
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The world does not have flat feet… Ah‚ a discussion I know something about on a personal level... 1. The advantage of ’knowing the business’ – was that Adida was successful in Europe before coming to the United States and then bought out popular shoe brands in the US to even the ‘playing field’ with Nike. 2. The group most harmed by the buyout was Adida itself in that they underestimated Nike - and their hopes of being Numero Uno did not materialize – even with their other athletic clothing
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day and age that we live in‚ technology is becoming an essential part of our daily lives. The twenty-first century‚ largely dubbed as the “Age of Technology” and also the “Era of Globalization‚” has brought on the feasibility of an interconnected world. Globalization is considered to be the unavoidable wave of the future. A few texts from Kwame Anthony Appiah‚ Marshall Poe‚ and Thomas L. Friedman further elaborate on a few important aspects of globalization. Technology‚ a major part of globalization
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beginning to throw in their boots and let robots do the dirty work” (Briggs). Technology in this world has grown over the past decades and we have become more and more reliant on our technology. Agribots and drones is the newest and latest thing in this world that could really boots our crop productivity. Thomas L. Friedman‚ author of The World is Flat‚ argues that‚ “As an individual‚ in a flat world is figuring out how to make yourself as an ‘untouchable’” (280). He then describes ‘untouchables’
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The World is Flat: The Great Sorting Out Summary In this chapter‚ Thomas Friedman looks at how cultures and societies will have to deal with and adapt to the changes that globalization brings to the way of doing business. It affects whole companies and individuals. He gives the perception of the world is flattening by comparing the Industrial Revolution to the IT Revolution that is happening right now. The flattening process was identified by Karl Marx and Frederich Engels in the Communist Manifesto
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The video discussion‚ Tom Freedman‚ The World is Flat‚ is about Tom Freedman’s experience of how he learned the world is flat. By this‚ he means that anyone can send their own content to anyone in the world‚ basically for free. Tom believes the global economic playing field is being leveled. He believes this happened by three great eras of globalization. The first‚ globalization 1.0 started in 1492 and lasted until early 1800’s where the world shrunk from large to medium. The Spanish explored the
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The purpose of the report in context is to present a Marketing Plan proposal to Nike’s senior management on how to market the modified sneakers for the elderly. In order to make an effective marketing plan‚ findings indicate that marketing research and information is imperative for both environmental and competitor analysis. So to speak‚ the report has delved deeper to present how the 4Ps of marketing mix would be utilized for better marketing of the product. Equally important‚ the report has presented
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Marketing in a Flat World 1) What are the three most critical challenges facing this company in this country. 2) What has the company done to face these challenges and do you think that they are successful Amazon is a fortune 500 online retail company named after the largest river in the world. They specialize in the selling of just about anything over the internet. Amazon was founded by Jeff Bezos in 1994 and they began doing business in 1995. Based in Seattle Washington‚ Amazon is the
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