Globalization has pros and cons but pros

Reference no: EM13275000

Globalization has pros and cons but pros are more if the principles of globalization are going to be implemented properly. No system is perfect and thus pros and cons will be there, but if pros are more than cons, then that system will produce more benefit for the economy and culture.

The advantages of globalization include higher economic output, the dismantling of trade barriers and monopolies, the opening up of inefficient sectors of the economy and improvement to economies of scale that result in lower prices to consumers.

Respond to the following:

• Discuss your viewpoint on whether or not you think globalization will continue until we all live in our “global village”.

• Give specific examples on how information technologies that are being developed at a fast rate have influenced globalization.

Please state at least one reference

Reference no: EM13275000

Questions Cloud

How many total transitions are there for hydrogen : Are there transitions of higher or lower energy that are not seen? How many total transitions are there for hydrogen

State the null and alternative hypotheses : The average salary of senior managers in the construction industry is $180,000 per year. Suppose we would like to take a sample of senior managers at a newly established company XYZ to see whether the mean annual salary is different from that..

Discuss the main functions of human resourse management : Discuss the main functions of Human Resourse Management and what is the most important issue facing HR Managers, employees, and Organizations today.

Find the distance of compression : A 2.50-kg block slides on a horizontal surface with coefficient of kinetic friction 0.310. It is moving at 5.45 m/s, Find the distance of compression

Globalization has pros and cons but pros : Globalization has pros and cons but pros are more if the principles of globalization are going to be implemented properly. No system is perfect and thus pros and cons will be there, but if pros are more than cons, then that system will produce more b..

Explain the reasoning behind your conclusion : Information systems are typically thought of as being the responsibility, and even property, of the department that manages an organization's information technology, often called IT.

Calculate the index of refraction of the plastic : The two surfaces of a plastic converging lens have equal radii of curvature of 25.0cm, Calculate the index of refraction of the plastic

What is the purpose of provider contract : What is the purpose of a provider contract? What intentions are enclosed in a provider contract and why is it important to detail party relationships, services, obligations, and objectives? Explain why the “definitions” section of a contract is impor..

What is the final angular speed of the astronauts : Two astronauts, each having a mass M are connected by a length of rope of length d have a negligible mass. They are isolated in space, What is the final angular speed of the astronauts

User Account

All Pages