Globalization arguably began even before Marco Polo’s expeditions, possibly being traceable to Alexander the Great’s establishment of overland routes between Eastern Europe and India. The assumption that globalization equals Americanization is profoundly arrogant, and is also ignorant of the history, meaning, and implications of globalization. Globalization implies integration and interdependence of the world. Predating the United States of America, globalization nevertheless reached a peak in the 20th century, when a

3. Technological Changes It is generally agreed that the technological revolution of the past few decades has had major contribution to the globalization of markets and productions. In New Technology and Catching Up, Freeman has gone as far as to state that the new technological changes represent a revolution as important as the textile innovations in the late eighteenth century, the invention of railways in mid nineteenth century and the flourishing

Globalization Does world trade make the world smaller by bringing people closer together? Or does it divide the globe by creating winners and losers through greater inequality? Globalization is a complex phenomenon that is often misunderstood. Part of this trend deals with a movement toward more integrated economic and political systems. Yet, today's societies face both an internal and external political environment and socio-economic factors that are marked by unprecedented levels of

Globalization of Crime: Multi-Faceted Aspects One aspect of organized crime, aside from the fact that it is methodical, fortified and strategic that makes it so ripe for globalization, is that it's is distinctive from professional or street crime, in the sense that it wishes to control something -- be it a distinct territory or the city's ports or other arenas. In the last twenty years or so, the nature of crime

Globalization and HRM strategies A recurrent buzzword in the modern day business community is represented by globalization, which is understood as a phenomenon by which the boundaries of countries become less strict and they allow people, resources, capitals and the economic, political, cultural, technological and other elements to easily move from one location to the other. In this complex setting, the economic agents have transcended boundaries in order to benefit from

There are several reasons why this model is particularly relevant for outsourcing relationship maturity. First, at the lowest level of the model the focus is on purely reacting, which is exactly what many companies do when they are stressed with cost over-runs and needing to make a greater level of profitable performance happen in a very short period of time. Pan iced, companies will often resource to outsourcing and actually