BUSMAN109 GLOBALIZATION

40問 • 1年前

問題一覧

Refers to the increasing interconnectedness and interdependence of people, businesses, and countries worldwide. It's a process that involves the exchange of goods, services, technology, and information across national borders.

Globalization

Involves trade, investment, and financial flows between countries.

Economic globalization

The spread of ideas, customs, and technologies across different cultures.

Cultural globalization

The rapid development and diffusion of technology worldwide.

Technological globalization

The growing influence of international organizations and agreements.

Political globalization

The exchange of goods and services across national borders. This includes both imports and exports.

Trade

Investments made by a company in one country into businesses or assets in another country.

Foreign Direct Investment (FDI)

The movement of money for investment purposes between countries.

Capital Flows

The rapid development and diffusion of technology, including the internet and telecommunications

Technology

The movement of people from one country to another, often in search of better economic opportunities or to reunite with family.

Migration

The exchange of information, ideas, and culture through media, internet, and other communication channels.

Information Flows

Increased trade and investment can lead to economic growth and job creation.

Economic growth

Globalization can lead to lower prices for goods and services due to increased competition.

Lower prices

Consumers have access to a greater variety of goods and services.

Access to a wider range of products

Developing countries can benefit from technology transfer and knowledge sharing.

Technology transfer

Increased interaction between cultures can promote understanding and tolerance.

Cultural exchange

Globalization can exacerbate income inequality both within and between countries.

Income inequality

Some jobs may be lost in developed countries due to outsourcing to cheaper labor markets.

Job loss

Increased production and consumption can lead to environmental problems.

Environmental degradation

The spread of global culture can erode local traditions and identities.

Cultural homogenization

Globalization can contribute to political instability if not managed properly.

Political instability

is a trading partnership that aims to create a more equitable and sustainable world for producers and workers. It focuses on products typically exported from developing countries to developed countries, such as coffee, cocoa, and handicrafts.

Fair trade

Promoting fair trade practices ensures that producers in developing countries receive equitable compensation for their goods.

Fair trade

Is the process of developing and enhancing the knowledge, skills, abilities, and health of individuals and populations to increase their productivity and earning potential. It's essentially investing in people to improve their economic value.

Human capital investment

From early childhood development to higher education and vocational training.

Education

Improving physical and mental health to enhance productivity and longevity.

Healthcare

Upgrading skills to meet the demands of the job market.

Training and development

Ensuring adequate nutrition for optimal cognitive and physical development.

Nutrition

Providing support systems that enhance overall well-being.

Social programs

A skilled and healthy workforce contributes to increased productivity and innovation.

Economic growth

Investing in human capital can help bridge the gap between rich and poor.

Reduced inequality

Healthier and more educated citizens enjoy better lives.

Improved quality of life

Human capital is a cornerstone of long-term economic and social progress.

Sustainable development

Small businesses are often vulnerable to globalization. Government support and policies can help them thrive.

Support for Small Businesses

Are actions or strategies implemented to address the impacts of human activities on both people and the planet. They are crucial for sustainable development and ensuring a healthy and equitable society.

Social and Environmental Measures

These focus on protecting the environment and mitigating human impact on natural resources.

Environmental Measures

These focus on improving the well-being of people and communities.

Social Measures

refer to the use of technology to solve problems, improve processes, or achieve specific goals. They involve applying technical knowledge and tools to address challenges in various fields.

Technological Measures

refers to the equitable allocation of resources, wealth, or opportunities within a society. It's about ensuring that benefits and burdens are shared justly among individuals or groups.

Fairer distribution

Means taking advantage of something positive or useful and using it to your advantage. It's about identifying opportunities and capitalizing on them.

Harnessing benefits

Industrial Revolution

Danny Wee · 16問 · 2年前

Industrial Revolution