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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Thomas Friedman Vs. Richard Florida Thomas Friedman’s lecture on his book "The World is Flat"‚ is not only humorous but insightfully clever. Friedman’s lecture breaks down the first three chapters of his book. I found this lecture interesting because studying the field of business you’re instantly introduced to what globalization is but never where it actually began and the advancements it has made over time. Robert Florida’s article "The World is Spiky" expanded and contrasted Friedman’s
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They create a “level playing field” where companies and individuals now successfully compete in the global market regardless of location. - Globalization 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
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good‚ in the article wrote by Thomas L. Friedman “Stuff Happens to the Environment‚ like Climate Change” (The New York Times) where it is explained how climate change is taken differently by all the large industrial economies‚ including United states. Friedman’s claim is that some candidates running for presidents do not pay attention to the severity of these problems and why voters should not vote for them‚ which is a good start to address climate problems. Friedman uses valid points to persuade
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We live in a world that is Not That Flat OB - II Project Report Submitted by: Manish Saluja Mayank Kapoor Mayank Tyagi Manik Jhamb Manish Srivastava Contents Introduction 3 Objective 4 Historical Evolution of Globalization on Organizational Structure 5 Case Studies – Showcasing successful organizational structures 6 Nike Model 6 Microsoft Model 7 Globaloney – Unraveling the myths of Globalization 11 Problems with Traditional Globalization Theories 11 Reasons for
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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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2 “Other side of outsourcing” by: Thomas Friedman The impact outsourcing had to United States was for some Americans bad. They claim the jobs they loose and the disadvantages that Americans were facing due to this radical change. While in the United States some people were disgusted‚ in the other side of the world‚ the young people were very thankful. This change made a revolution on their culture; the new Indian generations were entering to a whole new world‚ making a big change between Indian
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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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