Business Globalization

Real GDP means Real Gross Domestic Product. It is an inflation-adjusted measure that reflects the value of all goods and services produced in a given year.

There aren't many. A mature market economy, by definition, is one that has been around long enough to meet the needs of its consumers. For a multinational business (MB) to enter a market that has its needs already met is problematical. The advantages are whatever -internal- advantages the companies products and services offer. If the MB has lower costs and a lower sales price for similar goods then they have cost advantage, if more features or expanded product lines, then these. In short, just being "multinational" is of no real advantage in a mature market.

It depends on whether your 500,000 Lira are Old Lira or New Lira. If they are Old Lira (aside from the fact that this currency is defunct) it would be worth around $0.28 USD. If these are New Lira, it would be worth about $277,800.00 USD.

Globalization is affecting different parts of Africa in different ways. Globalization has greatly increased trade to and from Africa because of how easy it is to get products in and out of the continent.

Every business environment has a different nature and scope. External environmental factors can help or harm the organization. For example, a bottled water company in a hot climate will be more successful.

Knowledge of the organizational behavior of a company is useful for supervisors when managing employees. The information could be used to create incentives and goals as well as provide workers with feedback.

The modern theory of international trade works on assumptions of the law of comparative advantage. The comparative advantage arises as a result of differences in the various regions.

it shows up as a trade deficit with the soncumer-goods-exporting nation.

Pre-1900s, a "community" had more well-defined boundaries and many people rarely went far beyond those bounds. Some families/individuals left those communities during periods of inter-country migrations (emigration), as far back as the beginning of the USA history as people continually moved inland. The 1849 gold rush formed one of the biggest westward migrations. Through the 1900s, even when people did not physically move, the advent of radio and then television began a degree of globalization that allowed cultures to witness the lives of others. With more and more technology (airplanes, computers), we now not only witness other people and their lives but interact with other people as well. Just 30 years ago, grandparents never dreamed that one day people could instantly communicate with another person who lives across the world. Now, we can more easily send a message via E-mail and can instantly connect via land phone or mobile phone to almost anywhere and anyone in the world. This is such a far cry from the life in the 1800s and early 1900s (just 100 years ago) when people communicated through telegrams that had to be delivered by a person to someone's house or business, or when making a call into another State or even down the street meant ringing up an "Operator" who would manually "connect" calls through a massive switching board (a switchboard). Almost unheard-of now are "party lines" in which numerous households shared the same "line" but each home was assigned a different number of "rings" so that each home would know whether the call was for them or for another house.

But, globalization also means that within hours any person can spread major illnesses or disease, or introduce illnesses in places that have not yet built immunity to a certain pathogen. For example, in the 1920s, tuberculosis patients were routinely placed in "TB hospitals/sanitoriums" to keep them away from healthy persons. Now, someone may not even know they have been exposed to TB and can get on a plane, thus exposing hundreds of unsuspecting people to the illness. Global transportation also means that certain species of insects or animals have accidentally hitched rides via boats or airplanes into new countries that have no natural predators against these new "visitors". Governments have outlined the types of foods or products that can be brought back into a home country from foreign lands -- for example, some fruits grown in other countries carry insects native to the other country but that could wipe out crops in a different country.

global trade influences the efficiency of many people's lives! in a result green money comes at them

Microsoft operates in over 100 countries. (2006)

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The positive effects of globalization is that it has helped us communicate better and stay healthier. Because of globalization we have learned to communicate with people from other places who don't know the language we speak in. Globalization has also helped us in war its not a good thing but think about it, if we didn't communicate with other countries, our country would probably been taken over by another. This is because most nuclear weapons are made in Middle East if we didn't communicate and buy them even for self defense do you think we'd be living here? Well i don't... Globalization also increased the standard of living for all human kind. As far as we can see in this world right now, WTO(GATT), NAFTA, WB, IMF, UN, are gaining profits for the world. This is not something we have to concern, but we have to agree with.

The sovereignty; or the legitimate abiity to exercise effective control of a territory within its recognised borders is being compromised by the involvement in multilaterial organisations and transnational agenices of particular states. Individual states often have to 'give up' their right of imposing certain policies or withstanding certain laws because of these agencies. The UN exemplifies this. States have to often give up their economic sovereignty by removing trade barriers and tarrifs from their global trade. Furthermore, the UN's committee system presents another threat to states. The committee is responsible for observing and then critcising if necessary, the actions and decisions of a member state. The states often complain that their sovereignty is under threat from the findings of the committee. Another example is of the European Union. It threathens state sovereignty by imposing laws and polices that haven't directly been created and passed by individual governments. Futhermore, the EU allows regional governments within states to become directly involved and active in the European political arena. This is achieved by the various types of aid provided to regional governments by the Union's authorities, which sometimes bypass the central governments of states.

I'm not sure so if you want this answered you're going to have to find out somewhere esle and if you have an account here change this answer please so that i might beable to finish my homework

A negative effect of globalization is that immigrants may be blamed during hard economic times. In the 2014 elections, many far right parties were elected to the EU.

Globalization is an attack (or it threatens) individual/or indepentent empires. Human nature is human nature, (so far) that cannot be changed.

Some examples:

1. The state of Texas created it's own Republic in 1836; separating from Mexico in that year. Then gave up it's empire (independence) to become a state (subject to federal laws) in about 1845. The leader of Texas had to step down to a lower status (Governor instead of President).

2. California did the same thing in 1846, that's why it says "California Republic" on the bottom of the state flag.

3. Until recently, there were two California state uniformed law enforcement agencies; the Highway Patrol and the State Police. This allowed for TWO chiefs (or Directors) of TWO agencies and their staffs. They were combined (globalized) into one agency, one of those two chiefs had to lose his job. Now, the CHP provides protection for the Governor, not the state police.

4. The current county, (there's more) of Siskiyou in northern California has always wanted, and still advertises it, the separate state of Jefferson. This would create a new kingdom for a person to be a governor and his staff.

5. Cities within counties like to become their own "city" with their own "police department" and "mayor." This creates new chiefs (and their staffs) and a new mayor to rule over his new kingdom.

6. Even though, in the practical sense, we (human beings) already have globalization in the form of this computer...television, radio, airliners, satellites, telephones, telegrams, etc. People still like to hold onto their "kingdoms." Even though the "might US dollar" is still quite popular world-wide...the UK, the only English speaking nation in Europe will not let go of it's POUND (or Sterling); causing large amounts of discomfort to US consumers wanting to order products from the UK...because they don't want to relinguish their "empire" (by retaining their currency) US/world concumers must CONVERT to their British pound.

7. It's human nature; personal pride; national pride.

8. To a certain extent, it occurs in the US too; Texas pride...New York pride, Idaho pride, Arizona pride...but at least in America we can buy gas for our cars without converting the Yankee dollar to Texas, New York, Idaho, or Arizona dollars!

It has added a lot of volatility to the market. For instance, every time there is a "crisis" in the Middle East (Iran threatens Israel, etc), the price of oil goes up. This is because a war in that region would result in a disruption in the supply of oil (see the Iraq War), so any hint of a problem causes a jump in prices. Also, the attacks of 9/11 put the American economy into a recession. Whenever there is a lot of uncertainty (and the threat of terrorism does that easily), it creates a lot of risk aversion, which has a lot of negative effects on the economy such as less investment, less spending, and less risk-raking.

Communications technology and the computerization of trade execution have also globalized trading. The physical location and boundaries of an exchange floor are no longer important to traders.

The transition requires that the rules and practices that determined success in the industrial economy need rewriting in an interconnected, globalized economy where knowledge resources such as know-how and expertise are as critical as other economic resources.

kids could get hurt, it could waste class time, and people would be more focused on their work

It mobilises the different products and factors of production among the countries. Here the world becomes a global village

The "new" in new economy means a more stable and longer growth, with more jobs, lower inflation and interest rates, explosion of free markets worldwide, the unparalleled access to knowledge through the Internet and new type of organization which affects organizational change. Organizational change is the adoption of an organizational environment for the sake of survival. Namely, the old principles no longer work in the age of Globalization. Businesses have reached the old model's limits with respect to complexity and speed. At the same time, the challenge which new economy brings to small businesses managers is the use of new business approach and the strong will for organizational changes and adaptation to global market demands. There are several types of organizational changes that can occur- strategic changes, organizational cultural changes; involve organizational structural change, a redesign of work tasks and technological changes. In line with these changes, there is strong expectation of employee to permanent improve their knowledge and become an integral part of successful business formula in order to respond to the challenges brought by the global economy. It means a request for learning organization which is characterized as an organization creating, gaining and transferring the knowledge, and thus constantly modifying the organizational behavior. Reader will refine their theoretical understanding of globalization by studying its concrete manifestations in three domains: organizational culture, behavior, and gender.

The tendency of investment funds and businesses to move beyond domestic and national markets to other markets around the globe, thereby increasing the interconnectedness of different markets. Globalization has had the effect of markedly increasing not only international trade, but also cultural exchange.

Investopedia Says:

The advantages and disadvantages of globalization have been heavily scrutinized and debated in recent years. Proponents of globalization say that it helps developing nations "catch up" to industrialized nations much faster through increased employment and technological advances. Critics of globalization say that it weakens national sovereignty and allows rich nations to ship domestic jobs overseas where labor is much cheaper.

Source: http://www.answers.com/globalization?cat=biz-fin&gwp=11&method=3&ver=2.3.0.609

International integration Globalization is the spreading of an idea, product, or technology around the world, social, economic, industrial.