In order to achieve operational efficiency, use can be made of modern automated technology which globalization has readily made available via international trade. Schumacher has further presented his view that the current production managers have become more focused towards the efficiency factor of the production processes. These managers set their targets based on producing goods in such a way, that the cost of the process decreases to a minimum while

These companies are getting bigger and bigger. Some companies have such huge assets all over the world that they are worth more than many small countries. If you compare the GDP of many countries, you can see that the GDP is even less than the earnings of those big companies (Disadvantages of globalization, 2012). The governments do not have the power to stop the multinational companies from closing a factory

By "lifting all boats" and extending the concept of being "our brother's keeper" we begin, as a society, to address basic human rights worldwide. Question #2: What role should governments play in regulating commerce to ensure that the rights of people and the environment are sustained? Economist Daniel Litvin has written an article in the journal Foreign Policy ("Raising Human Rights Standards in the Private Sector") worthy of close attention.

Another well-known economic analyst Milton Friedman, believed that everything wrong in the world could be righted with free market trade. He promoted such ideas of private utilities and removing government involvement from society and business in every conceivable area (the Great Experiment: The Facts About Globalization (http://www.americanassembler.com/issues/globalization/index.html). Recent studies indicate that such ideas, while looking good in theory are not conducive to successful society. California is a classic example of what

globalization is generally understood to be the expansion of businesses and corporations to foreign markets either to expand their consumer base or to utilize a cheap workforce. However, the history of globalization really dates back to colonial and even ancient time periods; when strategic and monetary aims were first being seen from an intercontinental perspective and were usually achieved to increase the power and wealth of the state. Originally,

Hong Kong Food Culture Unlike many other cities, Hong Kong offers a unique case study in the effects of globalization on local economies and cultures due to its premier status as a nexus between China and the West. Over the years, and even through British rule, Hong Kong maintained its own distinctly Chinese culture even in the face of relentless influence from other countries and explicit attempts to manipulate Hong Kong