L1: Globalization

Question 1

refers to the ongoing process of increasing interconnectedness, integration, and interdependence among individuals, businesses, nations, and economies worldwide.

Answer 1

Globalization

Question 2

is a multifaced phenomenon characterized by the exchange of goods, services, information, technology, capital, and ideas across national bounderies.

Answer 2

Globalization

Question 3

it is what call on the thought that globalization not exist-this is the bottom line of the proponents of this approach.

Answer 3

globaloney

Question 4

what are the three structures and systems of globalization?

Answer 4

Political governance/leadership
Socio-cultural legacy & transformation
Economic dependence & interdependence

Question 5

DIFFERENT PERSPECTIVES IN UNDERSTANDING GLOBALIZATION and what does it approaches?

Answer 5

Economic process, Social process, Political process.
it approaches HOLISTIC INTERCONNECTED INTERDEPENDENT

Question 6

it is the liberalization of countries of their impact protocols and welcome foreian investment into sectors that are the mainstays of its economy.

Answer 6

Globalization

Question 7

it is the increasingly interaction of people, states, or countries through the growth of international flow of money, ideas, and culture.

Answer 7

Globalization

Question 8

What are indicators or attributors to the spread of globalization?

Answer 8

jet engine, the internet, e-banking, e-books, e-bike, the
LRT, MRT and other inventions of science and technology

Question 9

Give examples of environmental challenges

Answer 9

global warming, cross-boundary water, air pollution, and over-fishing of the ocean

Question 10

they affect and are affected by business
and work organization, economics, socio-cultural resources,
and the natural environmen

Answer 10

Globalizing processes

Question 11

They conclude that the existing accounts of globalization are incorrect, imprecise, or exaggerated, pointing out as proof the indiscriminate way that “just about everything that can be linked to some transnational process is cited as evidence for globalization and its growing influence”.

Answer 11

The SAGE handbook

Question 12

who answered yes and no to the question “does globalization exist?”

Answer 12

Steger

Question 13

refers to the diffusion, exchange, and blending of cultural practices, values, beliefs, ideas, and expressions on a global scale. It involves the interconnectedness and interaction of cultures across borders, leading to the creation of a global cultural landscape.

Answer 13

Globalization as a cultural process

Question 14

refers to the growing interdependence and influence of political actors, institutions, and policies on a global scale. It involves. the interactions and coordination of governments, international organizations, non-state actors, and citizens across borders in addressing global challenges and shaping global.governance structure

Answer 14

Globalization as a political process

Question 15

refers to the increasing interconnectedness and interdependence of countries through the exchange of goods, services, capital, technology, and information on a global scale. It has been a defining feature of the contemporary world and has significantly influenced economic systems, policies, and practices worldwid

Answer 15

Globalization as an economic process

Question 16

The importance of studying globalization

Answer 16

• There is a greater demand in business and industry, health, engineering and technology to have people who can work
  with people of other nations and cultures.
• There is a greater demand of promoting the local business and industry to other countries.
• Creating meaningful harmonious, and workable relationship that link globally (helps if you want to be the President)
• Helps solve global and nation challenges because gathering and sharing information through globalization which would help people alot in these challenges and give them better life.
• Enables students to work as models of collaborative international teams in the future.

Question 17

according to this writer, globalization is the
expansion of local economies and businesses into a broader international marketplace.

Answer 17

Neil Kokemuller

Question 18

enabled communication across continents and countries

Answer 18

internet and mobile technology

Question 19

Globalization has become important for a number of reasons, including the overall need for businesses to _________ , according
to ________?

Answer 19

compete, Kokemuller

Question 20

revolutionized the business arena because it created a ____________________________ that expands beyond
physical and geographical boundaries.

Answer 20

the internet, whole new virtual marketplace

Question 21

How can companies in foreign
countries can now compete for customers in the United States?

Answer 21

by leveraging their own country’s resources, lower costs of labor, and affordable distribution processes

Question 22

has been responsible for remarkable changes in the 20th century. It is one of the most widely spread recent cultural, social, economic, and political phenomenon which has strongly marked the discourse of the humanities and social sciences. This new, not-yet constituted era poses multiple challenges in which there is room for novel theoretical paradigm in this new emerging world

Answer 22

Globalization

Question 23

Even if you want to avoid the globalization
movement, you often have no choice but to _____________ ?

Answer 23

compete

Question 24

Reasons for Globalization
Why do we have to globalize especially in this contemporary world?

Answer 24

• Rapid shrinking of time and distance across the globe. One can easily cross the bridge going to the other side of
the marketplace due to advanced tools of technology than
before.
• Domestic markets are no longer rich as a consequence of many interlocking factors.
• Companies and institutions go global to find political and economic stability which is relatively good in other countries than the country of origin
• To get technological and managerial know-how of other countries due to their advancement in science, technology, education, health, and other fields of discipline.
• To reduce high transportation costs if one goes globally using the advance tools of communication and information.
• To be close to raw materials and to markets for their finished products which are not available in the country
of origin
• The creation of the World Trade Organization (WTO) had made it possible in stimulating increased cross border trade

Question 25

What are the advantages of globalization?

Answer 25

1. Economic Growth: Increased Trade and Investment 2. Access to Resources and Markets 3. Improved Technology and Knowledge Transfer: Innovation Spread 4. Cultural Exchange: Diverse Perspectives

Question 26

(what advantage) Countries can access a wider variety of goods, services, and resources that they might not have domestically, improving standards of living.

Answer 26

Access to Resources and Markets

Question 27

(what advantage) opens up markets, allowing for increased trade and investment flows. This can lead to higher economic growth and job creation in participating countries.

Answer 27

Economic Growth: Increased Trade and Investment

Question 28

(what advantage) fosters cultural exchange and understanding by exposing people to different ways of life, ideas, and values. This can enhance cultural diversity and promote peace and understanding.

Answer 28

Cultural Exchange: Diverse Perspectives

Question 29

(what advantage) fosters cultural exchange and understanding by exposing people to different ways of life, ideas, and values. This can enhance cultural diversity and promote peace and understanding.

Answer 29

Cultural Exchange: Diverse Perspectives

Question 30

(what advantage) Advances in technology and knowledge can spread more rapidly across borders, leading to improvements in productivity and innovation globally.

Answer 30

Improved Technology and Knowledge Transfer: Innovation Spread

Question 31

What are the disadvantages of globalization?

Answer 31

1. Economic Disparities: Inequality & Job Displacement 2. Cultural Homogenization: Loss of Local Cultures 3. Environmental Impact: Resource Exploitation & Pollution

Question 32

(what disadvantage) Global transportation and industrial activities contribute significantly to pollution and climate change, posing long-term environmental challenges (McKinsey & Company)

Answer 32

Pollution

Question 33

what disadvantage to globalization does pollution and resource exploitation classify to?

Answer 33

Environmental Impact

Question 34

(what disadvantage) The spread of global brands and Western culture can undermine and erode local cultures and traditions. This can lead to cultural homogenization, where unique cultural identities are diminished

Answer 34

Cultural Homogenization: Loss of Local Cultures

Question 35

(what disadvantage) The spread of global brands and Western culture can undermine and erode local cultures and traditions. This can lead to cultural homogenization, where unique cultural identities are diminished

Answer 35

Cultural Homogenization: Loss of Local Cultures

Question 36

(what disadvantage) Globalization can exacerbate income inequality within and between countries. Wealthier nations and individuals often benefit more than poorer ones, leading to a widening gap between the rich and the poor

Answer 36

Inequality

Question 37

What disadvantage of globalization does inequality and job displacement classify to?

Answer 37

Economic Disparities

Question 38

What disadvantage of globalization does inequality and job displacement classify to?

Answer 38

Economic Disparities

Question 39

(what disadvantage) While globalization can create jobs, it can also lead to job losses in industries that cannot compete with international competition. This can result in significant economic and social disruption in affected regions

Answer 39

Job Displacement

Question 40

- state remains an important component of world society, but primarily attention goes to the global cultural and organization. All- encompassing world-polity and its associated with world culture, which supplies a set of cultural rules or scripts that specify how institution around the world should deal with common problem. - Key elements is a general, globally legitimated model of how to form a state. Carriers of global principles, these organizations then help to build and elaborate world culture and world society further

Answer 40

World Polity Theory

Question 41

- is indeed new and important, but less homogeneous than world polity. Globalization is a process of relativization. World society thus consists of a complex set of relationships among multiple units in the global field. Globalization compresses the world into a single entity, and people necessarily become more and more aware of their relationship to this global presence. Central importance to this process is the problem of globality how to make living together in one global system meaningful or even possible.

Answer 41

World Culture Theory

Question 42

World System Theory, World Polity Theory & World Culture Theory identify as?

Answer 42

Theoretical Paradigms of Globalization

Question 43

- a perspective that globalization is essentially the expansion of the capitalist system around the globe. Capitalist world-system originated in the 16th century, when European’s traders established enduring connections with Asia, Africa and the America. The core of the system, the dominant classes were supported by strong states as they exploited labor, resources, and trade opportunities, most notably in peripheral areas. Central purpose is capital accumulation by competing firms, which go through cycles of growth and decline.

Answer 43

World-System Theory

Question 44

He is the principal proponent of the World System Theory tends to view globalization not as a recent phenomenon but as virtually synonymous with the birth and spread of world capitali

Answer 44

Immanuel Wallerstein

Question 45

He is the principal proponent of the World System Theory tends to view globalization not as a recent phenomenon but as virtually synonymous with the birth and spread of world capitali

Answer 45

Immanuel Wallerstein

Question 46

a prominent scholar on globalization, addresses several common misconceptions about globalization in his work. he stated some of misconceptions aboutglobalization

Answer 46

Jan Aart Scholte

Question 47

What are the misconceptions about globalization according to Jan Aart Scholte?

Answer 47

1. Globalization Equals Westernization/Americanization 2. Globalization is a New Phenomenon 3. Globalization Leads to Homogenization 4. Globalization is Only About Economics 5. Globalization is Inevitable and Irreversible 6. Globalization Benefits Everyone Equally

Question 48

(what misconception) A critical misconception is that globalization leads to widespread and evenly distributed benefits. Scholte points out that globalization often creates winners and losers, exacerbating inequalities within and between countries. The benefits of globalization are not automatically or equally shared, leading to significant socio-economic disparities.

Answer 48

Globalization Benefits Everyone Equally

Question 49

(what misconception) Scholte notes that a common misunderstanding is to view globalization solely through an economic lens, focusing on trade, investment, and market integration. He emphasizes that globalization also encompasses significant social, political, cultural, and environmental dimensions. It affects aspects like global governance, identity, and social movements

Answer 49

Globalization is Only About Economics

Question 50

(what misconception) There is a belief that globalization is an unstoppable force driven solely by technological advancements. Scholte argues that globalization is shaped by humanchoices and policies. It can be directed and managed invarious ways, and it is subject to resistance and reform.

Answer 50

Globalization is Inevitable and Irreversible

Question 51

(what misconception) One widespread misconception is that globalization is synonymous with the spread of Western, particularly American, culture and values. Scholte argues that while Western influences are significant, globalization is a more complex and multifaceted process that involves interactions and integrations among diverse cultures worldwide. It’s not a one-way imposition of Western norms but a dynamic exchange that can also lead to the prominence of non-Western cultural elements.

Answer 51

Globalization Equals Westernization/Americanization

Question 52

(what misconception) Another misconception is that globalization is a recent development, emerging only in the late 20th century. Scholte points out that while the current phase of globalization is unique in its intensity and scope, the process of global interconnectedness has been ongoing for centuries, with historical instances such as the Silk Road and colonial empires

Answer 52

Globalization is a New Phenomenon

Question 53

(what misconception) Many believe that globalization results in a uniform global culture. Scholte counters this by highlighting that globalization can also enhance cultural diversity. Local cultures adapt and reinterpret global influences in unique ways, leading to a fusion of global and local elements (often referred to as "glocalizatio

Answer 53

Globalization Leads to Homogenization

Question 54

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Answer 54

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Question 55

Babyy don’t forget to read carefully starting sa adv & disadv till the misconceptions

Answer 55

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