Purchase Solution

Briefly analyze the drivers and consequences of globalizatio

Not what you're looking for?

Ask Custom Question

Briefly analyze the drivers and consequences of globalization.

Purchase this Solution

Solution Summary

The solution provides discussions and explanations for the problem.

Solution Preview

Drivers

The key drivers behind globalization are declining communication and transport costs, worldwide move to the market liberalization and the incorporation of billions of people into the world market.
The hallmark of the first era of globalization in the late 19th and early 20th century was the reduction of transport costs (i.e. lower sea freight and air transport). In the 21st century, the big transformation will be the reduction in the marginal cost of collating and disseminating information. We already see evidence of this by increasing internet penetration. The "information revolution" is just the beginning, and its full implications are still unknown.

Since the mid-1970s the world has seen a global ...

Purchase this Solution


Free BrainMass Quizzes
MS Word 2010-Tricky Features

These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.

Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

Production and cost theory

Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.

Six Sigma for Process Improvement

A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.