Category: Globalization

Global changes in the world, changes in political, economic and commercial activities, such as the development of technology, transportation and communications, impose the need for companies to struggle to survive, change strategy and leave their country . Limited markets, high competitive pressures, the need for cheaper resources, and the dynamics of the postmodern era have…

In conditions of globalization, not only business freedom but also home country facilitate their entrepreneurs and helps to go globally. To encourage globalization you have to reform some policies and procedures which is possible with govt help. They need to have important factors of resources such as technology, finance, etc.. to globalize. To gain market…

The term ‘globalization’ refers to the free and flexible movement of products and services across borders. The process follows an integrated and well-managed manner. It opens a gateway to be a part of the global economy and trade. The globalization directly impacts on the economy of the country as it attracts foreign direct investment by…

Openness of the foreign trade and investment explains the rapid growth of India. Since the Indian government adopted economic liberalization policy in 1990s, improved the employment situation in India. According to the International Labor Organization, the number of Indians in workforce increased by 80 million over the last decade (Economist 2010). The foreign firms attracted…

Introduction Globalization refers to the United States’ broad interconnections with the resources of quite a variety individuals of households companies, geographical and technological, travel, lifestyle, and media. Globalization is a phrase used to describe the global economy, lifestyle, and populace growth, added about through translocated borders, for investment, technological information, and items and services. The…

The concept of globalization as used in this essay refers to the multidimensional, accelerated, and interconnected organization of space and time across national borders. Specifically with respect to political globalization, it concerns an approach to the social world that stresses postnational and transnational processes as well as a consciousness of the compressed nature of space…

ABSTRACT Money laundering is a crime of many approaches, and a host of different laws, as countries do not always have consistent approaches. Combating money laundering, therefore, requires consideration of issues of national and international jurisdiction. The countries world-wide face the greatest challenge of protecting their economy from the menace of money laundering as it…

Globalization, in general, has received a lot of harsh criticism which are usually pointed to the negatives. In most cases, these criticisms emanate from the group that stands against the free market economy. Most of the criticisms contend that globalization does not reduce poverty, but rather maintains it. Particularly the distribution of new technology and…

Introduction: The company that has been chosen to be analyzed is LEGO. LEGO is a company that manufactures a line of plastic construction toys and is owned by The Lego Group. It was founded in 1932 by Ole Kirk Kristiansen in Denmark initially. After passing over almost 85 years – LEGO has accomplished its transformation…

Globalization is the integration of the world due to the explosion of international trade and technologies that make communication easier. Therefore, the world has become a global village in terms of values and even cultural preferences. Globalization has implication on HR practice because companies can hire global talent and use the newest technologies to manage…