Globalization

Globalization is the interconnected web of communications between countries and different cultures including technology, business and culture. Migration is the movement of people into or out of a different country. Migration increases globalization by creating a greater diversity of cultures, different ideas, and increasing the way the economy grows. The internet is one of the […]

This Essay will analyze three streams of thought concerning the engagement of firms in Foreign Direct Investment, namely Hymer’s Approach, the Internalization Theory and Dunning’s Eclectic Paradigm. There is, naturally, a great deal more to be said about Internationalization of Production, but this essay will focus to these three paradigms mainly because of their modernity […]

Globalization is a shift toward a more interdependent and integrated world economy (Hill, 2009). The globalization of markets and the globalization of production are several factors of globalization. Advances in transportation and telecommunications make it possible for businesses to reach other countries. National economies are merging and material culture looks the same no matter where […]

There are many definitions for globalization. With the rapid development of technical inventions and increasing economic bonding, most tend to regard ’’globalization’’ as a non-border platform, where the exchange of goods, resources, and information in all aspects take places vigorously in the present world. Apart from those materials, the movement of people also becomes frequent […]

Just after the Second World War, the world faced yet another economic set back in the name of cold war. The lengthy cold war however came to an end with the decline of the Soviet Union and the collapse o the Berlin wall. The world market opened up with the opening of free market in […]

When in the 1950s and 60s, most colonized countries and territories across the world threw off the yolk of colonialism, there was tremendous hope and anticipation that a new era of hope, independence, freedom and self – determination was about to unfold. In most cases, it was with great reluctance that the colonial masters granted […]

Thirty years ago, Starbucks was a single store in Seattle’s Pike Place Market selling premium-roasted coffee. Today it is a global roaster and retailer of coffee with some 17,000 stores, 40% of which are in 50 countries outside the United States. Starbucks set out on its current course in the 1980s when the company’s director […]