In summary, globalization is essential for global economies to continually grow. Protectionism is allegorical to a person going on strike and not working; it is imperative for nations to not pursue this strategy and instead realize that each of them competes on a global playing field every day. While the critics of globalization voice their fears, they need to realize that the many aspects of competing globally have been in existence within economic systems for centuries, and that the gauntlet of efficiency and ability to respond quickly and accurately to customer's needs, no matter where they are, is the gauntlet any company must pick up if they hope to survive in the 21st century.
References
Friedman, (1999) - the Lexus and the Olive Tree. Anchor Press. May 2, 1999. New York, NY
Friedman, T. (2005) - the World Is Flat. Farrar, Straus, and Giroux. New York, NY. Published 2005
Geert Hofstede (1983). The cultural relativity of organizational practices and theories....
There are several reasons why this model is particularly relevant for outsourcing relationship maturity. First, at the lowest level of the model the focus is on purely reacting, which is exactly what many companies do when they are stressed with cost over-runs and needing to make a greater level of profitable performance happen in a very short period of time. Pan iced, companies will often resource to outsourcing and actually
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The general attitude and concern is that globalization will create the disintegration of society, and that regardless of the economic wealth that it will bring, globalization will have a negative effect on the everyone. Rodrik's intent was to provide a balanced look at these issues, but in the end, the book was decidedly anti-globalization, which leads to an anti-globalization slant in the Globalization Reader. Throughout the book, the authors provide
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Electricity being out for three weeks nearly forces an elevator sale to nearly be cancelled, no suitable drainage from massive rains floods his family's apartment, and the Indian value of bartering and customizing is diametrically opposed to the strict discipline of a low-end product strategy where no variation in standard products is allowed. Mr. Napoli's experiences culminate in one year elapsing before a single elevator is sold, and that one
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