ASSIGNMENT 2 Forces that flattened the world according to Thomas Friedman Supply chaining A supply chain is a system of organizations‚ people‚ technology‚ activities‚ information and resources involved in moving a product or service from supplier to customer. Supply chain activities transform natural resources‚ raw materials and components into a finished product that is delivered to the end customer. In sophisticated supply chain systems‚ used products may re-enter the supply chain at any
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An analytic paper on the two books: The World is Flat of Thomas Friedman and Making Globalization Work of Joseph Stiglitz Globalization is process of integration. It is spread all through several fields‚ such as politics‚ culture‚ economy‚ technology and the environment. Internationally‚ these fields are going through a period of conversion and evolution causing this world to turn out to be homogenous and flat. Even nations in the Third World are having the prospects only the developed countries
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2 _Aim {text:bookmark-end} It will be argued that the world is getting flatter and this is not necessarily a good thing for many reasons. Information technology (ICT) has resulted in economic and social integration but precaution must be taken to prevent future problems that has already arose from it not being used correctly. The history of the ‘’flattening’’ of the world‚ the impact that it has made in the years‚ the challenges the world will face and main disadvantages of it will prove that it
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January 30‚ 2008 THE WORLD IS FLAT The world we live in today is going through enormous changes in economics‚ technology‚ culture‚ politics‚ etc. The effects of the changes are not so clear‚ since it is hard to predict how each sector would affect the other and how society will be affected. However‚ analyzing past and present occurrences provides some information for experts to interpret society’s reaction in the future to different transformations. Globalization can be seen as a process in which
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Dissecting “The World Is Flat”‚ Thomas L. Friedman “I was in Bangalore‚ India‚ the Silicon Valley of India‚ when I realized that the world was flat.” – Thomas L. Friedman‚ “The World Is Flat” After reading “The World Is Flat” by Thomas L. Friedman‚ I understood the significance of globalization during the twenty-first century. I learned the progression of globalization and the significant changes it has had on the economy and world as a whole. Friedman establishes his text based on the many
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1. “But Friedman’s image of a flat earth is profoundly misleading – a view of the world from a seat in business class. Flatness is another way of describing the transnational search by companies for cheap labor‚ an image that misses the pervasiveness of global inequality and the fact that much of the developing world remains mired in poverty and misery. It also misses the importance of the global geopolitical hierarchy‚ which guarantees the provision of stability‚ property rights‚ and other international
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Is the world really flat? In view of Thomas Friedman’s work “It’s a flat world‚ after all”‚ the entire planet is turning into a global village due to a rapid growth of information technology. There are 10 major contributors‚ which were also named “flateners” by Friedman‚ that made the playing field level. Undoubtedly‚ current sophistication in technology has provided us great access to internet‚ a virtual platform where people are capable of communicating‚ sharing knowledge‚ or performing online
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its peak? Is the world flat or spiky? There are several very vocal proponents of an argument that the world has become flat in recent years. However‚ there are some writers have the opposite opinion. This paper introduces both sides of the debate and presents the arguments for and against the idea that the world has become flat in recent years. The term “globalization” today refers to the shift in the world economy. It is moving towards a more integrated and interdependent world economy (H.C.W‚
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Convergence” I. Summary/Synopsis Thomas L.Friedman‚ The World is Flat: a brief history of the twenty-first century. Published by Farrar‚ Straus and Giroux‚ 2007. Friedman discusses the "triple convergence." The convergence of the ten flatteners had created a whole new platform. It is a global‚ Web-enabled platform for multiple forms of collaboration. This platform enables individuals‚ groups‚ companies‚ and universities anywhere in the world to collaborate - for the purposes of innovation‚ production
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What is globalization? Globalization is defined as the changes in the world; interchanging of resources‚ ideas‚ products‚ markets‚ cultural exchange‚ aspects of cultures‚ investments‚ and business competition. As the world is continuing to grow‚ it’s going to continue to improve its’ technology as everyone continue to interchange with each other. What is globalization 1.0‚ 2.0‚ and 3.0? Globalization 1.0 was established in 1492‚ when Christopher Columbus sailed across the Atlantic Ocean to discover
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