Globalization Is A Multi Faceted Phenomenon - 1816 Words

Globalization is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. This phenomenon affects almost every part of life in everyday activities. Everyone feels its benefits and drawbacks, because today’s world is a world of transformations and common changes. Globalization is a major component of describing social, political, and economic trends in the current world (Bradley, 2000, p.13). The relationship between globalisation and work and employment is surprisingly difficult to define and measure (Ghose, 2000, p.282) and cannot be generalised. Globalisation is a multi-faceted phenomenon, and each facet may have different effects on employment, varying by country, time, industry, polices and the like. Firstly, this assignment examines increasingly universalization of world and its links with international work place. Next, it closely examines discrimination at work, especially gender unfairness. F inally, it focuses on inequality between rich and poor regions and changed routine at work. Global Village One aspect, which illustrates globalization can be identified as creating ‘Global Village’ and Multinational Corporations. There is an upward trend in ‘universalization’, which leads to homogenous culture, where Eastern cultures try to follow lifestyle of West. In the economic terms it means spreading capitalism around the world and transformation from local market economies into one, globalShow MoreRelatedAnalyze Globalizations Impact on Singapores Development.1746 Words   |  7 Pagesneeds of the people, with the recent Human Development Index (HDI) which measures overall well-being of the people. So, with the recent phenomenon of globalization becoming ever more widespread in our society today, there is no doubt that it has impacts, both positive and negative, on the development of Singapore as a country these past few years. 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GLOBALIZATION Based on Wikipedia , the word globalization was first employed in a publication entitled Towards New Education in 1930, to denote a holistic view of human experience in education. An early description of globalization was penned by the founder of the Bible Student movement Charles Taze Russell who coined the term corporate giants in 1897, although it was not until the 1960s that the term began to be widely used by economists and other social scientists. The term has sinceRead MoreImpact of Globalization on Indian Education3068 Words   |  13 Pages| | |Impact of Globalization on Indian Education | | | |S.Deepalakshmi, Read MoreAn Ethnographic Study of a Subway Resturant2668 Words   |  11 Pagesworldwide, thereby giving the theory that cultures are becoming more similar in a globalised world some support. Finally, I will conclude by drawing together a summary of my chosen model of globalisation and because globalisation is such a large phenomenon, majority of the focus will be split between the financial and the cultural theories of globalisation. The Ethnographic Study Subway Restaurant Bradford: The Place The SUBWAY ® Restaurant system is the world’s largest submarine sandwich franchise