Environment of business (globalisation) Essay Example | Topics and Well Written Essays - 2500 words

Environment of business (globalisation) - Essay Example The admission of the overseas traders in to the less developed economies is an advantage, though it presents a number of troubles. The two main drivers towards this recent increase in globalization have been opinionated as well as industrial aspects. They have led to the flourishing of trade between countries globally. â€Å"Beginning from 1950s, globalization of industries increased at a high rate† (Griffiths and Wall, 2007 p. 37). This essay gives a critical analysis of two of the main drivers of this wave, which are political forces and technological aspects. The driving force towards adopting the various forms of globalization and the consequences of these options as well as the benefits and disadvantages of globalization have been discussed. Several examples of globalization have been highlighted. In the early 1950s, leaders especially from the developed economies needed to build up scheme of making certain that a war of such intensity could never recur. This had to be realized through removal of the barriers that formed impediments to trade in order to boost success and increase interdependence amongst nations globally. Mainly the powerful were involved in developing frameworks for international trade and investment through agreements. They established key global institutions. According to (Barry 2008 p. 91), â€Å"These political powers promoted international treaties that were aimed at upholding international trade through tariff reductions and encouragement of free trade amongst its members. Barry (2008 p. 91) further states that, â€Å"By 1994, its membership included more than 100 member states†. Through it, there was a major reduction in the restrictions that hampered trade before it was established. Such restrictions included a minimum quantity of what was to be traded. Held and Mcgrew, (2000 p.18) observe that â€Å"GATT membership kept on rising, and in 1995, it was transformed in to World Trade Organization†. This was transformation was a step taken

The Rusty Time Essay Example | Topics and Well Written Essays - 1250 words

The Rusty Time - Essay Example His father was getting more and more concerned, because Michael wasn’t the sociable little boy he used to be. As if he closed himself from the whole world, even him, his own father. No matter what he did, what he offered, Michael would bleakly, yet determinedly thank him, then refuse. He went downstairs and clicked on the big screen on the wall of the kitchen. A computerized voice greeted him facelessly, and asked what he would like to have for breakfast. He chose eggs and toast. The buzzing of machines wasn’t as loud as it was before they installed the newest Cook-O-Master. He thought to himself that his wife would have loved not having to cook anymore, but just indulge in her painting and taking care of Michael and him. He sighed and took the freshly prepared breakfast tray that the table produced before him. Michael stopped crying, but the sadness was all too visible in his demeanor. He went downstairs and joined his father at the table. He wanted no breakfast. †Å"Please, dad†¦ can we try it? Just once, I believe it is possible,† Michael started. â€Å"Mike, we’ve already had this discussion. You are putting me in an awful situation having to say no over and over again. I told you, even if we did try the procedure, it is questionable whether it would work. You know that the machine transports only live matter,† his father spoke calmly, feeling tired and heartbroken having to discuss a painful thing again. â€Å"I read somewhere that new additions are made to the machine and that they managed to transport some parts of clothing†¦ Dad, we can try, we have money now, I know†¦Ã¢â‚¬  â€Å"Michael,† his father’s voice was getting louder and more resolute, â€Å"You know it is impossible to transport money through time†¦ and you know†¦ I feel it’s my fault that we couldn’t afford to pay for your mother’s operation†¦ We could have saved her life†¦ If onlyà ¢â‚¬ ¦Ã¢â‚¬  He buried his face into his hands and went silent. Michael felt bad and hugged his father soothingly. â€Å"Dad†¦ dad†¦ it’s not your fault†¦ you couldn’t have known we would win the lottery†¦ we had no money†¦ it was†¦ it wasn’t your fault, dad, it wasn’t†¦Ã¢â‚¬  â€Å"It was, Mike, it was†¦ I am the provider, at least†¦ I was supposed to be, and I couldn’t provide your mother with the treatment†¦ it is my fault... my fault†¦Ã¢â‚¬  â€Å"No, dad†¦ listen, we can try, I read†¦ I read somewhere†¦ let’s try, we have money, we can afford it now. You can go, and pay†¦ pay everything they ask†¦ just bring mom back, please, dad, please†¦Ã¢â‚¬  Michael was crying in his father’s arms. His father was crushed by the weight of his guilt. He didn’t want to raise their hopes up, only for them to be shattered like glass. It would be like losing her again. And he wasn’t strong enough to go through that pain again. Not again. But, looking at his son, he felt stronger. Maybe, he thought to himself, maybe it is possible. If I make a few phone calls, maybe someone does know something. Having made several phone calls, he turned to Michael, who was looking at him with puppy dog eyes. â€Å"Alright, son, they said that they did manage to transport several pieces of cloth to the past. And, they said they are willing to give it a try, provided we pay them enough†¦Ã¢â‚¬  Michael jumped into his father’s arms. â€Å"But, Mike, Mike†¦ Promise me that you won’