The spread of globalization has many advantages for businesses as well as some disadvantages. Define and explain one of the advantages and one of the disadvantages to globalization from the business perspective. Round out your essay by explaining one aspect of globalization that benefits business but may be a detriment to workers.

Answers

Answer 1

Answer: See explanation

Explanation:

Globalization, refers to the process of interaction that takes place among individuals, firms and the government. It is the process through which businesses develop international influence.

An advantage of globalization to businesses is that it helps in the enhancement of productivity and increased flow of capital.

A disadvantage of globalization is the lack of local businesses. Globalization typically favors the companies that possess the resources and financial power and this in turn can affect local businesses as they feel left out.

Answer 2

Answer:

One advantage of globalisation for businesses is Technology Sharing

Whilst one disadvantage of globalization is Loss of local jobs.

Explanation:

Technology Sharing: Because companies need to collaborate accross vast geographical locations, in order to collaborate effectively, they must leverage off the same technology platforms an example of a global company that has presence in multiple nations is Dell. Another one is Microsoft.

In any country where they are located, they'd have to sync with the Head Quarters and to do so securely and effectively would mean they have to deploy same tech being used at HQ at the avarious operational locations accross the globe.

Loss of local jobs: A Job created by a company in it's nation of origin is refered to as a local job.

When these companies, due to the need to create a presence in other countries, hire to fill up roles for vacacies created in such countries, it is said that local jobs have been lost.

So for the people belonging in the State of Origin for such a company, the new jobs created and filled in a distant locality is considered lost.

Cheers


Related Questions

I need help, thank you. Have great day

Answers

deceptive is the answer because they are not being helpful by stealing

Consider the following hypothetical pooled cross-sectional data of daily COVID-19 cases per 1,000 people during the early two months of the pandemic, from March to April 2020 in Ohio and 5 other neighboring states. The variable April takes value 1 if the recorded cases are from April 2020, and takes value 0 if the recorded cases are from March 2020. The variable lockdown takes value 1 if the state put in place a Stay-at-home order beginning from March 2020, and takes value 0 otherwise. Using the difference-in-differences estimator, assess the impact of the lockdown policy on daily COVID-19 cases. Table 1. Daily COVID-19 Cases by State April Cases Lockdown State Indiana 0 2 0 Indiana 1 8 0 0 1 0 1 2 0 Kentucky Kentucky Michigan Michigan Ohio 0 3 0 1 8 0 0 2 1 Ohio 1 4 1 0 4 1 1 7 1 Pennsylvania Pennsylvania West Virginia West Virginia 0 1 1 1 2 1

Answers

The difference-in-differences estimator is a statistical method used to assess the impact of a treatment on an outcome by comparing the change in the outcome between a treatment group and a control group before and after the treatment is introduced.

How to explain the information

In this case, the treatment is the lockdown policy and the outcome is the number of daily COVID-19 cases.

This difference is 1.5 cases per 1,000 people. We then need to calculate the difference in the average number of daily COVID-19 cases between the treatment group and the control group in March 2020. This difference is 0.5 cases per 1,000 people. Finally, we need to subtract the second difference from the first difference. This gives us a difference-in-differences estimator of 1 case per 1,000 people.

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The difference-in-differences estimator is a statistical method that can be used to estimate the causal effect of a treatment on an outcome. In this case, the treatment is the lockdown policy and the outcome is the number of daily COVID-19 cases.

To calculate the difference-in-differences estimator, we first need to calculate the difference in the number of daily COVID-19 cases between April and March for each state. We then need to calculate the difference in the number of daily COVID-19 cases between states that implemented a lockdown policy and states that did not. Finally, we need to subtract the second difference from the first difference.

The following table shows the results of these calculations:

State April Cases - March Cases Lockdown Cases - Non-Lockdown Cases Difference-in-Differences Estimate
Indiana 2 0 2
Kentucky 1 0 1
Michigan 2 0 2
Ohio 1 1 0
Pennsylvania 4 1 3
West Virginia 2 1 1
The difference-in-differences estimate is positive for all states except Ohio. This suggests that the lockdown policy had a positive effect on the number of daily COVID-19 cases in all states except Ohio.

However, it is important to note that this is just one study and that more research is needed to confirm these findings. Additionally, it is important to consider other factors that may have contributed to the change in the number of daily COVID-19 cases, such as the number of tests conducted and the behavior of individuals.

I need help pleaseee

Answers

Answer: D. Undefined

Explanation: When you graph the values you're left with a horizontal line and the slope of a horizontal line is 0.

Hope this helped! :)

In the second sentence of the third paragraph, the author uses the clause "which is expected” to advance which of the following claims about jesting?

Answers

Answer:

B. In the absence of surprise, a witty remark loses much of its humorous effect.

Explanation:

Hope this helps

Answer: b. in the absence of surprise, a witty remark loses much of its humorous effect.

Explanation: goodluck loves!

Which of the following is not a result of air pollution? A) acid rain B) smog C)destructive tornados D) ocean acidification

Answers

Answer: C) Destructive tornadoes

Answer:

C

Explanation:

Destructive tornadoes is the only one that makes sense. Air pollution can cause acid rain, smog, and oceans to become more acidic.

Which of the following best describes one way the Clean Air Act helped reduce air pollution?
А
Implemented a program to manage hazardous and nonhazardous wastes
B
Proposed incentives for countries to reduce carbon emissions
С
Created a fund to aid developing countries in reducing ozone-depleting emissions
D
Introduced regulatory measures to control the amount of lead in fuels

Answers

Answer:B

Explanation:

Answer: D

Explanation: The Clean Air Act (CAA) (42 U.S.C. 7401 et seq.) is a comprehensive federal law that regulates all sources of air emissions.

So the answer is D!

In 1603, King James I started a new acting company called ________________________ and he made Shakespeare a __________________.

Answers

Answer:

In 1603, King James Started a new acting company called The Lord Chamberlain's men, And he made Shakespeare part company owner and lead writer

Explanation:

hope this helps!! Goodluck :)

An increase in government spending will affect the demand for money and
nominal interest rates in which of the following ways? Demand for Money!
Nominal Interest Rates
Increase / Increase
Increase / Decrease
Increase / Indeterminate
Decrease / Increase
Decrease/Decrease

Answers

Answer:

Increase / Increase

Explanation:

An increase in government spending will affect the demand for money and nominal interest rates by increasing the demand for Money and increasing the nominal Interest rates.

This is because, with an increased budget, there will be an increase in interest rates by financial institutions.

The Density of a large amount of Lead is 11.2 g/ml. When I cut it in half, what happens to the density of the lead?

Answers

Answer:

The density remain the same (11.2 g/ml)

Explanation:

Density can be defined as the ratio of mass to volume of a body.

From the question,

If the density of large lead is 11.2 g/ml, if it is cut by half, then the mass and volume will become half the original size.

I.e The mass and volume of lead will be divided by half.

Thereby making the density to remain the same or unchanged (11.2 g/ml) as both mass and volume were equally divided.

PHOTOGRAPHY - If I wanted to print an 8x10 photo at 300 ppi, how many Megapixels would my camera have to be in order to print that?

Answers

Answer:

3000×2400 image/ 7.2MP.

Explanation:

You'd need a 3000×2400 image, which is 7.2MP. The calculation is quite simple. DPI means dots per INCH. You want a print 10 INCHes wide, so for 300 dots per inch, you need 300×10 dots, or 3000.

So you can "up-size" (interpolate) to get your 300dpi, or you can leave the images alone and print with what you have. A 3mpxl image will normally make a very decent 8X10. If you need to print larger, a 5 MPXL image will work well, up to, double that size (16X20).

“I think we should continue to emphasize the history and culture of the West, while encompassing the rest, because the West has in fact made the world we know. Anyone who wants to participate in the world community in the coming century had better know how and why the West has defined, and will continue to define, world civilization. Why do I say that? Because everybody wants what we have: science and technology, prosperity, and democracy—that is, our philosophy, our economics, our politics. It is the simple truth that science and technology emerge out of Western philosophy, not out of the philosophy of India, China, or the African nations. Since it is a fact that people everywhere aspire to the material advantages that flow, uniquely I think, from the modes of social organization that the West has devised—its economics, its science and technology, and also its politics and philosophy—I think it is time to stop apologizing and start analyzing what has made [the West] the world-defining power that it is.”

Jacob Neusner, historian, “It is Time to Stop Apologizing for Western Civilization and to Start Analyzing Why It Defines World Culture,” The Chronicle of Higher Education, 1989

The title of the article best suggests that the author is responding to the arguments of which of the following?
A. Postcolonial and anti-imperialist thinkers
B. Advocates for radical feminism
C. Neoliberal economists and advocates of free-trade policies
D. Supporters of conservative nationalism

Answers

Answer:

B

Explanation:

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The title of this article best suggests that the author is responding to the arguments of B. Advocates for radical feminism.

What is an argumentative essay?

An argumentative essay can be defined as a type of literary work that is written to express and indicate a writer's position (stance) on a subject matter (topic).

This ultimately implies that, when a writer engages in an argument, he or she uses a claim to strongly state and express his or her opinions about the subject matter (topic).

In conclusion, we can deduce that the title of this article best suggests that the writer (author) is most likely responding to the arguments of advocates for radical feminism.

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Which best describes the Hospitality and Tourism career cluster?

A group of careers that focus on going from one place to another for business, pleasure, or other reasons.
A group of careers that focus on the act of traveling, sightseeing, and enjoying activities that are specific to a location.
A group of careers that focus on being welcoming to guests, such as guests who stay for a meal or who stay overnight.
A group of careers that focus on providing people with food, a place to stay, assistance to travelers, and fun activities.

Answers

Answer:

D) A group of careers that focus on providing people with food, a place to stay, assistance to travelers, and fun activities.

Explanation:

The Hospitality and Tourism career cluster encompasses a wide range of careers that involve providing services to people who are away from their homes. These careers include hotel and restaurant management, travel and tourism, recreation and entertainment, and event planning. The common thread among these careers is that they all involve providing people with food, lodging, transportation, and/or entertainment while they are away from home. The focus of these careers is on creating enjoyable experiences for guests and ensuring that their needs are met while they are traveling or taking part in leisure activities.

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a) Identify ONE way in which the adoption of free-market economic policies in the late twentieth century changed global trade.

b) Explain ONE difference in the way in which the adoption of free-market economic policies in the late twentieth century affected economies in two different regions.

c) Explain ONE reason why many states adopted free-market economic policies in the late twentieth century.

Answers

Technology boost is the way by which the adoption of free-market economic policies in the late twentieth century changed global trade.

What is a free market economy?

Free-market economic system is the system where, there is no or very little regulation of government in the demand and supply of products.

a) Identify ONE way in which the adoption of free-market economic policies in the late twentieth century changed global trade.

Technology boost is the way by which the adoption of free-market economic policies in the late twentieth century changed global trade.

Here, the one world, one economy type incentives promote the entrepreneur to produce more products.

b) Explain ONE difference in the way in which the adoption of free-market economic policies in the late twentieth century affected economies in two different regions.

The one region which is southern and Eastern Europe and the other one was US. The economy in this period in US was calm and stable. This  is due to the adoption of free market economic policies.

c) Explain ONE reason why many states adopted free-market economic policies in the late twentieth century.

In the 20th century, several of the state were controlling their economies. The society detour end nearly about the 1980s. This result decommunization of Eastern Europe, collapse of Soviet Union and adoption of market reform by china, leads the adoption of free market economics in late 20th century.

Hence, the technology boost is the way by which the adoption of free-market economic policies in the late twentieth century changed global trade.

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The March 11, 2011, earthquake in Japan caused a tsunami that crashed into the Fuushima nuclear power plant on Japan's Pacific coast. Some people compare this nuclear disaster to the 1986 disaster at Chernobyl. Describe the results and the possible future effects of these nuclear accidents.

Answers

Answer:

Following major earthquake, a 15- metre tsunami disable the power supply and cooling of three Daiichi reactors, causing a nuclear accident being on March 11, 2011. All three cords largely melted in the first three days.

Explanation:

When Stan says, “I remember the feeling,” (line 10) it suggests that he

Answers

Answer:

It's B

Explanation:

The answer is b

Careers in the Hospitality and Tourism career cluster are

highly desirable and pay high wages.
bountiful and expected to continue to grow.
seldom desirable and pay low wages.
limited and expected to continue to decline.

Answers

Answer: bountiful and expected to continue to grow.

Explanation:

Careers in the Hospitality and Tourism career cluster are bountiful and expected to continue to grow. Option B.

Careers in the Hospitality and Tourism career cluster are bountiful and expected to continue to grow.

The Hospitality and Tourism industry encompasses a wide range of professions, including hotel management, event planning, travel services, restaurant management, and more. These careers are highly sought after for several reasons.

Firstly, the industry offers numerous job opportunities. As people's interest in travel and leisure activities continues to grow, the demand for hospitality and tourism services increases. This leads to a bountiful array of career options within the cluster, ranging from entry-level positions to management roles.

The industry is known for providing diverse employment opportunities to individuals with different skill sets and backgrounds.

Secondly, the Hospitality and Tourism industry has a significant economic impact and contributes to local and global economies. It plays a vital role in supporting businesses and generating revenue through tourism, hospitality services, and related industries.

The industry's growth is fueled by the continuous influx of tourists, both domestic and international, seeking accommodation, dining, entertainment, and travel experiences.

Moreover, the industry offers competitive wages and opportunities for career advancement. While entry-level positions may have lower wages, with experience and skill development, individuals can progress to higher-paying roles.

Advancements in management, specialization, or entrepreneurship within the industry can lead to lucrative careers. Additionally, tips and gratuities in certain sectors further contribute to the income potential.

In summary, careers in the Hospitality and Tourism career cluster are bountiful and expected to continue to grow due to the increasing demand for services and the industry's significant economic impact.

These careers offer a wide range of opportunities, competitive wages, and prospects for professional growth and advancement. So Option B is correct.

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The tourism industry’s main job is to cater to customers who

travel for pleasure or business.
seek the fanciest place to stay overnight.
want an exquisite dining experience.
desire to take part in a recreational activity.

Answers

Answer:

travel for pleasure or business.

Explanation:

The tourism industry's main job is to cater to customers who travel for pleasure or business. Option A.

The tourism industry's primary job is to cater to customers who travel for pleasure or business. The industry encompasses a wide range of services and experiences to meet the diverse needs and preferences of travelers.

Traveling for pleasure is a significant aspect of tourism. People embark on trips to explore new destinations, relax, and engage in recreational activities.

Tourism service providers, such as hotels, resorts, tour operators, and travel agencies, play a crucial role in ensuring that these travelers have a fulfilling and enjoyable experience. They offer accommodations, transportation, sightseeing tours, and various recreational activities to meet the demands of leisure travelers.

On the other hand, business travel is also an integral part of the tourism industry. Many individuals travel for work-related purposes, such as attending conferences, meetings, or corporate events.

In this context, the tourism industry caters to their specific needs, including providing convenient accommodations, conference facilities, transportation, and related services. Business travelers often have different requirements, such as efficient connectivity, accessibility to business centers, and proximity to key locations.

While some travelers may seek exquisite dining experiences or fancy accommodations, these are specific preferences within the broader scope of the tourism industry.

The main focus of the industry is to cater to customers who travel for pleasure or business, providing them with a range of services and experiences tailored to their individual preferences and requirements.

In summary, the tourism industry's main job is to cater to customers who travel for pleasure or business, providing them with a variety of services, accommodations, transportation, and recreational activities to ensure an enjoyable and fulfilling travel experience. So Option A is correct.

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In three to five sentences, describe how scientists use deductive and inductive reasoning to support the idea that water on Earth may have come from comets.

Answers

Answer:

Earth is rich in water, and has been for a few hundreds of years, but scientists are agreeing where all that life-sustaining liquid came from. At least some of it was thought to have been brought here by comets or asteroids, but that idea still falls short in explaining how so much water ended up on Pluto’s surface – and deep below, as well.

Explanation:

In order to be diagnosed with anorexia nervosa, an individual must be more than _________ underweight.

5 percent
15 percent
5 pounds
15 pounds

Answers

Answer:

its 15% :)

Explanation:

on my mama i promise

Answer:

B

Explanation:

15%

why entrepreneurs should not be a wild risk taker?how to minimize these risks​

Answers

Answer:

They would risk losing their business and make a great loss if things don't go as planned. They should be able to get back up if their business fails and try again. They shouldn't just invest in one business and hope for the best

Which one of the following is not a reason why people spend money?
To build up their self-esteem
because spending is an addiction
out of boredom
to experience delayed gratification

Answers

Answer:

to experience delayed gratification

Explanation:

There are many reasons why individuals spend money, but one that is not a reason is to experience delayed gratification. It is actually the opposite, buying something provides instant gratification. An individual buys something that they want at that very moment and it is usually a feeling of "want" that pushes an individual to make the purchase. They then buy it and the product allows for instant gratification which tends to fade once they use the product a couple of times and usually get bored of it.

Which production
system requiring
low management
allows the herd to
graze on a vast
expanse of land and
demands that they
forage for most or
all food?
A. Farm Flock System
B. Feed Lot System
C. Pure Bred System
D. Range Band System

Answers

Answer: D. Range Band System

Explanation:

The production system that requires low management and also allows the herd to graze on a vast expanse of land and demands that they forage for most or all food is referred to as the range band system.

The range band production system simply has to do with the raising of goats, or sheep, in large amount. It is common where there are rangelands which are available for the animals.

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