Internationl Business Practice Essay Example | Topics and Well Written Essays - 2750 words

Internationl Business Practice - Essay Example The main person responsible for coining the term globalization is considered to be Theodore Levitt. With the passage of time, the phenomenon has grown at a steady rate whereby the setting under which it is held is one that focuses on the global patterns related with the sociological findings. The aspect of whether or not globalization is a newer form of western imperialism is manifested in the definition of the same word. Globalization, for that matter, is remarked as Internationalization since the nature of the two terms is on a worldwide scale more than anything else. West tries to exploit the basis of globalization which the third world countries could bring to the benefit of the developed nations. However, on the part of the two terms, the one thing common however is the fact that these have identified themselves well with the changing (and growing) trends, where most of these are credited on the shoulders of the World War II, after which there has been a resurgent rat race nonetheless. Globalization is a phenomenon and it is one that is here to stay for long. The world has become a global village due to globalization and it is a good omen if seen in the proper perspectives. In an economic zone, globalization plays a significant role at increasing trade on an interna tional front which as compared to the global economy, is much faster and ahead of its time. Globalization improves the technological infrastructures and supports in the development of the telecommunications not only on a regional scale but throughout the world, thus providing help and facilitation to the west more than anything else. With the help of globalization, the legal stance is one that focuses more on the increase in the number of different standards worldwide, which in all essence must be made use of. These include copyright laws, privacy obligations, patenting and others which somehow or the other mesh along well with the legal framework of different multinationals and institutions

Climate Changes Essay Example | Topics and Well Written Essays - 2000 words

Climate Changes - Essay Example Deforestation in turn leads to melting of polar ice, more floods, increase in global temperature, scarce rains etc. Green forests help in soaking the suspended particles in air and thus clean the air for all of us to breath. Disappearing green cover also means presence of more pollutants in air. National Geographic reports that, "According to the World Resources Institute, more than 80 percent of the Earth's natural forests already have been destroyed. Up to 90 percent of West Africa's coastal rain forests have disappeared since 1900. Brazil and Indonesia, which contain the world's two largest surviving regions of rain forest, are being stripped at an alarming rate by logging, fires, and land-clearing for agriculture and cattle-grazing." According to the studies conducted by many Science Academies, the surface temperature of Earth has risen by about 1 degree Fahrenheit in the past century, with accelerated warming during the past two decades. New and stronger evidence is found which suggests that most of the warming over the last 50 years is attributable to human activities. Human activities have altered the chemical composition of the atmosphere through the buildup of greenhouse gases - primarily carbon dioxide, methane, and nitrous oxide. Energy from the sun drives the earth's weather and climate, and heats the earth's surface; in turn, the earth radiates energy back into space. Atmospheric greenhouse gases (water vapor, carbon dioxide, and other gases) trap some of the outgoing energy, retaining heat somewhat like the glass panels of a greenhouse. According to recent studies, since the beginning of the industrial revolution, atmospheric concentrations of carbon dioxide have increased nearly 30%, methane concentra tions have more than doubled, and nitrous oxide concentrations have risen by about 15%. In fact the greenhouse effect is also leading to some geomorphologic changes as well, which is resulting in changes of landscape. There are views which state that the climatic change is neither unusual nor necessarily harmful or bad (Jones, 1993). The benefits are being counted in the fields of economy basically. But the moot point is, to what extent can we ignore the nature for reaping economic benefits. Even during carrying out a profitable business opportunity, a sensitive management will allow the public to know what the company is doing. Such inputs not only help the company in knowing about the thought process going on in the public domain, but it also helps in strengthening the ties between company and its customers. At times the business also works hard to build public opinion in favour or against some strategic