evaluate the ‘World is Flat’ thesis put forward by Thomas Friedman. Thomas Friedman in his recent book ‘The world is flat’ discusses a short history of globalisation in the twenty-first century. His discovering journey took him around the world to investigate the new concept in transnational business. He views himself as Columbus-like‚ but in a new modern word‚ in which he is searching for the sources of today’s wealth. Only to come to a rhetorical conclusion that the world is “flat” not round!
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BOOK REPORT: The World is Flat by Thomas Friedman Thomas Friedman’s The World Is Flat: A Brief History of the Twenty-First Century is a bestselling book in which he examines an in depth analysis of globalization in today’s world. It is called the world if flat because it is actually a metaphor for looking at the world as a level playing field in terms of business where all of the competitors have equal opportunities. In this book‚ Friedman talks about ten different factors that play an important
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the flat world according to Thomas Friedman is how‚ due to recent technology developed in the 21st century‚ geographic boundaries disappear and cause the world to be metaphorically “flat”. Communication across the globe is easier and more efficient‚ and also allows people around the world access to information with just a few clicks. Mr. Friedman talks about ten concepts that create his flat world theory. The important event of the Collapse of the Berlin Wall Another factor of the flat world is
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In chapter 5 in "The World is Flat" Friedman discusses America and Free Trade. Friedman lays out the basic arguments for and against free trade. Friedman first introduces this topic by stating that it is an issue "that needs sorting out immediately‚" followed by his personal experience of a problem with this issue while filming the Discovery Times documentary in Bangalore. The self-identified "free-trader" mentions David Ricardo’s theory of comparative advantage as the theoretical underpinning
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1.0 (1492-1800’s) “You went global through your country”. Countries began to flatten the world‚ going global for various reasons. - Globalization 2.0 (1800’s-2000) Companies go global. “You went global through your company”. Companies tried to find cheaper labor‚ better markets‚ etc. - Globalization 3.0 (Present) Individuals. “Individuals of every color of the rainbow‚ who will be able to plug and play”. Lesson Two: The Flatteners - 1. All ten flatteners converged. (2000) All of the flattening
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The Flat World Knowledge case study discusses how the traditional textbook publishing model is changing because of disruptive advances in technology that have essentially created the digital publishing market. Although I believe that Flat World Knowledge will be recognized as a successful contributor to the disruption in the textbook publishing market in five years’ time‚ I view online learning – accented by the evolution of digital textbooks – as the disruptive force that has changed the model for
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The World Is Flat Book Review Daryle S. Rogers Columbia College Managerial Finance BUSI 570 Dr. Elisa Fredericks June 29‚ 2010 The World Is Flat Book Review The World Is Flat is a book about how the business world has become more interconnected within the last few decades. Friedman describes in the beginning of the book a trip to Bangalore‚ India where he visits “India’s Silicon Valley”(Friedman‚ 2007‚ p. 2) and is amazed at the level of technology that has come to the once third
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The World is Flat: Critical Book Review The World is Flat by Thomas Friedman gives examples from the past and present to help determine how our world is becoming closer through different technological advances. With his awards in writing‚ not only received for this book but for his other writings in the New York Times‚ it can be assumed that Friedman is somewhat qualified in writing this book. The World is Flat‚ a book about the advancements made in the twenty-first century that will effect
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1. In The World is Flat‚ what does Thomas Friedman mean when he says the world is becoming flat? "The global competitive playing field was being leveled. The world was being flattened." From this‚ we can see that a "flat" world is one in which the "playing field" on which companies compete has become level. It is one in which companies from various countries can compete with one another on an equal basis. Friedman says that what has really driven this is what he calls "Globalization 3.0." This
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m Thomas Friedman’s book The World Is Flat analyzes the progress of globalization and how it has changed core economic concepts. After traveling to numerous countries‚ he came up with the conclusion that the world is “flat‚” in the sense that competitive playing fields between industrial and emerging market countries have been leveled. He provides frequent examples of how countries‚ such as China and India‚ are becoming part of large global complex supply chains. Freidman assures that change is
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