Q1. History of your topic (i.e. product, country(ies), article, etc)? Please explain in detail your topic selection. Globalization is defined as moving towards a world in which barriers to cross-border trade and investment are declining; distance is shrinking due to new advance in transportation and telecommunications technology, material culture is starting to look similar the world over; national economies are merging into an interdependent, integrated global economic system (Hill). The word itself. “globalize”, appeared in the 1960s meaning to “make global in scope or application”. Can be traced from the Silk Road, route between China and the Mediterranean Sea, which promoted the exchange of ideas and knowledge, along with trade goods and foods such as silk, spices, porcelain, and other treasures from the East. Also when Europeans began creating colonies abroad, globalization developed. Globalization can also be traced to the Africans that were brought into other parts of the world. For example, bringing the Christian religion to the places they visited, and spreading Christianity from Europe to Latin America. An example, of gobalizatoin is a car designed in Germany, assemblred in Mexico, from components made in US and Japan and fabricated from Korean steel and Malyasian rubber. Q2. How is your topic related to International Finance? International finance has two basic parts: integration and technical change. These basic forces have shaped the evolution of international finance for centuries. “Global integration of money and capital markets is an important part of international finance; through such channels purchasing power over real resources today is transferred from areas of the world where expected rates of r... ... middle of paper ... ...r topic be better or have a greater impact? If so, what would you change? or how would you positively impact it? 10. What did you learn? How can you apply what you learned in your current job or future career? With the fast changing world era of the internet and technology, globalization is evident. We can contribute to globalization by investing more in research, technology, education, capital and innovation. The more innovation and research is done, the more new products can be done at a lower cost and higher product quality. Globalization allows more creativty and diversity. Due to the effects of globalization, all firms try to acquire human pool of talent that is very diverse, because diversity helps globalization. To be able to compete in the international global market, there should be a diversity in the firms whether is it employees, ideas, or creations.
1.Q:What do I find interesting, revealing, or strange about my topic? In what ways are my observations significant?
My focus of inquiry is gender roles. I chose gender roles as my focus of inquiry because there are multiple differences and similarities in the expectations of women and men then and now. The comparisons between the roles of each gender was enlightening. It made me want to know more, like how, when ,and why they changed if they did, or if they stayed the same what was there significance. This topic seemed to be interesting because these roles are something men and women everywhere experience in everyday life, but in each place around the world they could be different.
Justify your research question and explain why this topic has been chosen. Why is it significant and worthy of a discussion?
Identify three key texts relating to your research area and briefly state how these are relevant to your research?
Section 1: What is your topic, and why is it important to study this topic?
Globalisation: Globalisation can be defined as the process of change, increasing interconnectedness and interdependence among countries and economies, bringing the world closer through better world-wide communication, transport and trade links. This process is changing the world dramatically and quickly, affecting economic, social, political and cultural aspects of life and bringing both opportunities
Globalization is: “The worldwide movement toward economic, financial, trade, and communications integration. Globalization implies the opening of local and nationalistic perspectives to a broader outlook of an interconnected and interdependent world with free transfer of capital, goods, and services across national frontiers”¹.
Globalization can be described as the process of global amalgamation following the exchange of different commodities including goods, services or even some traditions. In business it involves a firm extending its investments to the global market hence widening its catchment areas. A lot has been prevailing around the term globalization ever since it was embraced. Globalization hit the world positively with many supporting it since it was thought to open up businesses to new markets, encourage innovations and productivity among other aspect.
Globalisation refers to the process of the integration of economic, political, social and cultural relations among people, companies and governments of different nations and countries. It is a process aimed improving international movement of goods, services, labour and capital. This process also has a direct impact on the environment, culture, political systems, economic development and prosperity, and a human physical wellbeing of societies in the world.
The word ‘globalization’ is really, just a new term for an old definition. It has been in history since the start of the ancient empires. The spread of the Ancient Greek culture, the Silk Road, the Industrial Revolution are all examples of how people came in contact with one another. But presently, it’s the traveling, the expansion of free trade, as well as communication and interconnected-ness brought by the Internet that speeds up the globalization dramatically.
used a term [globalization], there does not appear to be any precise, widely agreed definition. Indeed the breadth of meanings attached to it seems to be increasing rather than narrowing over time, taking on cultural, political, and other connotations in addition to the economic.”
The definition of globalization is, “Globalization is the connection of different parts of the world. Globalization results in the expansion of international cultural, economic, and political activities. As people, ideas, knowledge, and goods move more easily around the globe, the experiences of people around the world become more
Globalization is the connection of different parts of the world. Globalization results in the expansion of international, cultural, economic, and political activities. As people, ideas, knowledge, and goods move easily around the globe, the experiences of people around the world become more similar. (“Definition of Globalization“, n.d., ¶ 1)
Globalisation is a very complex term with various definitions, in business terms, “globalization describes the increasingly global nature of markets, the tendency for transnational businesses to configure their business activities on a worldwide basis, and to co-ordinate and integrate their strategies and operations across national boundaries” (Stonehouse, Campbell, Hamill and Purdie, 2004, p. 5).
The definition of globalization is a comprehensive process in which everyone is not bound by state or regional boundaries, meaning that any individual can connect and exchange information anywhere and anytime through electronic and print media. Understanding the language of globalization is a process that is known worldwide. Globalization can make a smaller country because of the ease of communication between countries in various fields such as information exchange and trade.