2015 When The World is Flat With the acceleration of communication and transportation within the past century‚ the world has undergone transformative changes of globalization – “the inexorable integration of markets‚ transportation systems‚ and communication systems to a degree never witnessed before” (Friedman). A new global culture where products‚ ideas‚ and technologies have an unprecedented ease of exchange has enabled nations‚ businesses and individuals from all over the world to communicate
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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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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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maintain the economy without causing the government and people to suffer. Recently‚ employees of Bosch Corporation experienced the effects of globalization when the company outsourced labor and resources to India. Thomas Friedman mentions in his essay‚ "The Super Story"‚ "The world has become an increasingly interwoven place‚ and today‚ whether you are a company or a country‚ your threats and opportunities increasingly derive from who you are connected to." Without globalization importing and
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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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In chapter 15‚ as the world became flat‚ some parts of the world remained unflat because they could not participate in the flattening process. The unflat world consisted of developing nations while the flat world consisted of developed nations. Since the unflat world could not participate‚ it has kept them unadvanced‚ stagnant‚ and deprived. Rural Africa‚ China‚ India‚ and Latin America were left behind because their nations were plagued with diseases due to their broken government system being unable
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the industrial world and traveled only slow ly‚ifat all‚ beyond it.Entire electorateswill learn things that once only a few bureaucrats knew. Small companieswill offerservicesthatpreviously onlygiantscould provide.In all theseways‚ thecom munications revolution is profoundlydemocratic and liberating‚levelingtheimbalancebetween large and small‚ richand poor." The global vision that FrancesCairncross predicted inherDeath ofDis tanceappears to be upon us.We seem to live in a world that is no longer
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Milton Friedman Milton Friedman‚ like so many great life stories‚ was the subject of a very tough childhood. He was son to a couple of poor immigrants‚ born on 31 July 1912‚ in New York‚ America. At the age of fifteen‚ Friedman’s father died. Despite this‚ he won a scholarship to both Rutgers University and the University of Chicago‚ where he achieved a Bachelor of the Arts degree in economics. The very next year he received an MA at Chicago University. He then worked for the National Bureau
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Globalization is an occurrence that has changed the world‚ along with its economies. For without it where would we be in today’s society? As I was reading both articles I had difficulty getting the “world has been flattened”metaphor out of my thought process. Afraid I might be bias on the idea that Globalization is the better option no matter what I set out to truly surmise what both writers believed. The idea of Globalization has been debated many times over‚ and as a result we seek to understand
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Capturing The Friedmans Andrew Jarecki’s 2003 documentary‚ "Capturing the Friedmans"‚ is the tragic story of an affluent family from Long Island‚ NY.‚ that is falling apart after Arnold and Jesse Friedman are both charged with unspeakable crimes against children. In the opening interview‚ David‚ the eldest of three sons‚ begins to tell the viewer of his fond childhood memories‚ and the film appears to be about the life of a clown. But the theme quickly changes direction only moments later
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