Questions on Globalisation
Added on 2020-10-22
6 Pages1436 Words62 Views
Globalisation
Table of ContentsQuestions..........................................................................................................................................11. Discuss the impacts of migration and remittances to host/country of origin..........................12. Discuss the ways technology facilitates international business..............................................13. How do shifts in political power affects global trade.............................................................24. Discuss the extent to which you feel you are a member of a 'Global' society........................25. Discuss the ways social media have influenced the spread of a global culture......................3References........................................................................................................................................4
Questions1. Discuss the impacts of migration and remittances to host/country of originMigration as well as remittance both impacts over the economic development of thehome country. Here, migration refers to the person who shifts from one place to another in orderto increase their level of income. Whereas remittance word is used for the transfer of moneywhich send by those people who works in other country. This sharing of money directly boost upthe economic stability of the host country (Hanson, 2012). It can be said that migration of citizenhas both positive as well as negative impression over the growth of the home country. Asbecause of migration main talent of the country moves to another one for fulfilling theirmonetary needs. This activity is helpful in satisfying expectation and needs of migrant peopleBut at the time, home of country of those citizens looses their valuable assets(talented people).This reduce enhance for economic growth with in the home country. On the other hand, whenthese migrant people sent money to their native people in host country it brings huge amount ofmoney in country itself. This also contributes in the economic development of host country. As aresult, host country grows faster and also provides new opportunities to those individuals whoremain in the same country and avoids to move to another country. 2. Discuss the ways technology facilitates international businessUsage of technology is helpful in international business as it has minimised the level oftrade barriers in international transactions. It can be said that there many ways which impactsover performance. And some of them are described as below:Telecommunication: Telecommunication services are helpful for internationalbusinesses as people are now using cell phones, beepers etc. for communication purpose. It canbe said that after initiation of advance technology in telecommunication people are now able toexecute their business promises by using regular interaction with their international clients andother business associated person (Constantinescu, Mattoo and Ruta, 2015). For example: Withthe help of advance telecommunication services business organisation can expand their businessbeyond the boundaries as they are now able to communicate with their clients in less period oftime. This helps in satisfying clients demand easily.Transportation: With the changing world, technology has not only developedtelecommunication sector but it has also done many innovation in transportation sector. It has1
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