What are the economic political and cultural effects of globalization? How are businesses ultimately affected by the rental housing crisis? What is the impact of diversity in organizations from a global perspective? In what ways does franchising contribute to an overall economy?
Progress in technology, transportation, and communication give most businesses the chance to operate internationally. Given how fast decisions must be made when working across time zones and continents, globalization presents unique problems in how it affects the environment. After all, when we work ...
Globalization is a process by which businesses develop international influence. It involves various countries in the trade of a variety of goods or services with one another. Globalization happens due to innovations and inventions in communication technology, cultural practices, and the internet, facilita...
An online AI-based translation service might see the increasing globalization of businesses as an opportunity. However, the rise of similar A.I. tools could pose a threat. A physical bookstore might find strength in its curated selection and personal customer service. Still, their limited inventor...
(see element 2, “Resilience AND efficiency”); and perhaps renewed resistance to globalization, are all possible second-order consequences of the actions being taken now to cope with the coronavirus. Technology continues to shrink physical distance, but in other ways, it co...
Bibliometric analysisThe acceleration of globalization has put forward new requirements on corporate strategy. Understanding the statistical relationship between economic globalizatkare, MarinkoWu, HangyaoXu, Z. S.Social Science Electronic Publishing
Globalization has shown relatively steady and rapid progress due to technological advancements with increases in speed and scale, enabling engagement among all five continents.Globalizationallows businesses or other organizations to create influence and develop operations in many regions, especially for develop...
Spillover effects are a type ofnetwork effectthat have increased in prevalence due to globalization in trade and stock markets, which deepened financial connections between economies. The Canada-U.S. trade relationship provides an example of spillover effects. This is because the U.S. is Canada’...
Two additional types of foreign investments should be considered: commercial loans and official flows.Commercial loansare typically bank loans issued by a domestic bank to businesses in foreign countries or the governments of those countries. Official flows are a general term that refers to different ...
as manufactured imports may be significantly cheaper than domestically produced counterparts. For businesses, trade liberalization can translate to opportunities to do business abroad and earn more revenue. However, these benefits are not always guaranteed, and how exactly trade liberalization affects the ...