BUSINESS IN WORLD ECONOMY ASSESSMENT

$22.00

BUSINESS IN WORLD ECONOMY ASSESSMENT

Part A:

Question 1

The world has shifted from an independent economic system due to improved technology and market liberalization. The term globalization is very popular in the current world and it affects the operations of various spheres such as economy, technology, socialization, and politics. Currently, people are increasingly moving from one country to another and in the process they socialize with people from different nationalities. It can be simply indicated that the world has become a global village.

Globalization can be defined as the shift towards a more interdependent and integrated world economy that includes two facets; globalization of production and globalization of markets. Surugiu and Surugiu (2015) defined globalization of markets as the merging of traditionally unique and separate national markets into one huge global marketplace. In this case, with the globalization it does not make sense to talk about American market, Australian market, or United Kingdom market instead there is a global market. The international market has been contributed by falling trade barriers making it easier to sell globally, and provision of the same basic products in the global market.

Category:

Description

BUSINESS IN WORLD ECONOMY ASSESSMENT

Answer any 5 questions

Question 1:
“The world is toward an interdependent integrated global economic system.” Explain the term
globalization in detail.

Question 2:
“ Government policy is often shaped by a consideration of the costs and benefits of FDI.”
Describe the benefits and costs of foreign direct investment.

Question 3:
“Intellectual property is the product of intellectual activity.” How can intellectual property be
protected?

Question 4:
“Democracy and Totalitarianism are types of federal government that offer different ways of
making decisions on behalf of the people they govern.” State the differences between a
democracy and totalitarianism.

Question 5:
Submit a report on comparing the business situation of UAE with your respective country.

Question 6:
What does the changing economy mean for managers? Explain the scenario based on your
experience from your organisation in UAE, considering pre-recession, post-recession and
present scenario.

 

=============================================================

BUSINESS IN WORLD ECONOMY ASSESSMENT

Part A:

Question 1

The world has shifted from an independent economic system due to improved technology and market liberalization. The term globalization is very popular in the current world and it affects the operations of various spheres such as economy, technology, socialization, and politics. Currently, people are increasingly moving from one country to another and in the process they socialize with people from different nationalities. It can be simply indicated that the world has become a global village.

Globalization can be defined as the shift towards a more interdependent and integrated world economy that includes two facets; globalization of production and globalization of markets. Surugiu and Surugiu (2015) defined globalization of markets as the merging of traditionally unique and separate national markets into one huge global marketplace. In this case, with the globalization it does not make sense to talk about American market, Australian market, or United Kingdom market instead there is a global market. The international market has been contributed by falling trade barriers making it easier to sell globally, and provision of the same basic products in the global market……………………….

or ORDER A CUSTOM PAPER