Q1. Summarize the Globalization Debate. What Are the Major...

Q1. Summarize the globalization debate. What are the major interest groups in the world economy? How are they affected by different element of globalization? INTRODUCTION Today and more than ever before, the world has become a â€Å"global village† with the expansion of the communication networks, the rapid information exchange, the gradual shrink of borders and of attachment to identities and citizenship, the lifting of the barriers of visas and passports, the consecration of a new era when national sovereignty and the authority of the nation-state is fading away in favor of regional groupings, international organizations and international legality and law. This means the beginning of the return to the universal trend which is imposed by†¦show more content†¦A vibrant debate on these issues has developed in which it is possible to distinguish three broad schools of thought, which we will refer to as the hyper globalizes, the skeptics, and the transformation lists. In essence each of these schools may be said to represent a distinctive account of globalization an attempt to understand and explain this social phenomenon. For the hyper g lobalizes, contemporary globalization defines a new era in which peoples everywhere are increasingly subject to the disciplines of the global marketplace. By contrast the skeptics, such as Hirst and Thompson, argue that globalization is essentially a myth which conceals the reality of an international economy increasingly segmented into three major regional blocs in which national governments remain very powerful. Interestingly, none of these three schools map directly onto traditional ideological positions or worldviews. Within the hyper globalist’s camp orthodox neoliberal accounts of globalization can be found alongside Marxist accounts, while among the skeptics conservative as well as radical accounts share similar conceptions of, and conclusions about, the nature of contemporary globalization. Moreover, none of the great traditions of social enquiry liberal, conservative andShow MoreRelatedMarketing Discussion15807 Words   |  64 PagesCHAPTER 1 :- DEFINING MARKETING FOR THE 21st CENTURY MARKETING DEBATE—Does Marketing Create or Satisfy Needs? Marketing has often been defined in terms of satisfying customers’ needs and wants. Critics, however, maintain that marketing does much more than that and creates needs and wants that did not exist before. According to these critics, marketers encourage consumers to spend more money than they should on goods and services they really do not need. Take a position: Marketing shapes consumerRead MoreStrategic Marketing Management337596 Words   |  1351 Pagesthe environment The nature of the marketing environment The evolution of environmental analysis The political, economic, social and technological environments Coming to terms with the industry and market breakpoints Coming to terms with the very different future: the implications for marketing planning Approaches to environmental analysis and scanning Summary 5 Approaches to customer analysis 5.1 5.2 5.3 5.4 5.5 5.6 5.7 5.8 5.9 Learning objectives Introduction Coming to terms with buyer behaviourRead MoreDamodaran Book on Investment Valuation, 2nd Edition398423 Words   |  1594 Pagessuccessfully investing in and managing these assets lies in understanding not only what the value is but also the sources of the value. Any asset can be valued, but some assets are easier to value than others and the details of valuation will vary from case to case. Thus, the valuation of a share of a real estate property will require different information and follow a different format than the valuation of a publicly traded stock. What is surprising, however, is not the differences in valuation techniques acrossRead MoreMerger and Acquisition: Current Issues115629 Words   |  463 Pagesthis work in accordance with the Copyright, Designs and Patents Act 1988. First published 2007 by PALGRAVE MACMILLAN Houndmills, Basingstoke, Hampshire RG21 6XS and 175 Fi fth Avenue, New York, N.Y. 10010 Companies and representatives throughout the world PALGRAVE MACMILLAN is the global academic imprint of the Palgrave Macmillan division of St. Martin’s Press, LLC and of Palgrave Macmillan Ltd. Macmillan ® is a registered trademark in the United States, United Kingdom and other countries. Palgrave is