BNET Business Dictionary
Business Definition for: Globalization
- the creation of international strategies by organizations for overseas expansion and operation on a worldwide level. The process of globalization has been precipitated by a number of factors, including rapid technology developments that make global communications possible, political developments such as the fall of communism, and transportation developments that make traveling faster and more frequent. These produce greater development opportunities for companies with the opening up of additional markets, allow greater customer harmonization as a result of the increase in shared cultural values, and provide a superior competitive position with lower operating costs in other countries and access to new raw materials, resources, and investment opportunities.
Wiktionary Definition for: Globalization
- alternative spelling of globalisation
Additional Resources
- Will Globalization be a Victim of Imploding Economies?
- Will Globalization be a Victim of Imploding Economies?RE: Will Globalization be a Victim of Imploding Economies?Focus...Focus..then Globalization is a friendGrass Roots starting at the Bottom and moving up is the way to start repairing our ECONOMY.So called Stimulus money will not help the economy. Just any new job will not...
- Discussion threads 2008-10-29
- Is Globalization Really Just Xenophobia?
- The Find: Rather than a new and dominant trend in business, two researchers are out to prove that "globalization" is really just the irrational fear that someone in China will take your job. The Source: A Columbia Business School Open Forum blog post on Bruce C. Greenwald...
- Blog posts 2008-12-30
- China, the WTO, and Globalization: What Happens Next
- After fifteen years of effort, China appears poised to join the World Trade Organization. This hard-won triumph is a milestone in the march of globalization. However, globalization brings dangers as well as opportunities. How the United States and its major allies handle the pressures associated with China's ongoing lurch toward...
- White papers 2001-07-19
- The Health Impacts of Globalization: A Conceptual Framework
- This paper describes a conceptual framework for the health implications of globalization. The framework is developed by first identifying the main determinants of population health and the main features of the globalization process. The resulting conceptual model explicitly visualizes that globalization affects the institutional, economic, social-cultural and ecological determinants of...
- White papers 2005-09-13
- The Globalization Boom and Bust Cycle
- Max Fraad Wolff submits: As we debate and react to endless series of micro trends, there has been a turning away from attention to the macro. This is dangerous, to say the least. It is potentially crippling if the macro trends are in flux. There are. Globalization is going nowhere...
- External links 2008-08-07
- The Two Faces Of Globalization
- From the executive summary: ‘Despite the gains in logistics performance over the years, it is likely that globalization will create a host of new challenges for logistics managers and their companies. The challenges posed by globalization will make it essential for logistics managers to find ways to accelerate the flow...
- White papers 2004-07-01
- What You Should Know About Globalization and the World Trade Organization
- This paper reviews the essentials of economic globalization, as well as the major institution that has recently gotten much of the credit and blame for it, the World Trade Organization WTO. It first defines globalization, which is just the increasing economic integration of the world economy. It then asks who...
- White papers 2001-12-05
- How to Ease the Pain of Globalization
- U.S. companies use IT to produce higher-quality products at home, using computer-controlled machine tools to produce specialized valves, for instance. They also use IT to offshore manufacturing and production, which reduces the price of the products one buys, such as DVD players. There is no doubt that globalization would move...
- White papers 2006-02-01
- Globalization, Employment, And Economic Development: The "Pro" Arguments
- Globalization presents mixed benefits, for different groups and different specific activities. Given its importance it is tempting to concentrate on the 'anti-globalization' research agenda, namely the many ways in which it may cause harm. However, from a policy point of view it is important to understand what is good as...
- White papers 2004-06-08
- Euro v. U.S. Execs on Globalization: It's All About Retaining Talent
- The Find: While 90 percent of CEOs worldwide view globalization as both inevitable and positive, American business leaders are significantly more worried about retaining talent in a flat world than their counterparts in Europe. The Source: The EquaTerra Globalization Study conducted by the Economist Intelligence Unit on...
- Blog posts 2008-05-13
- Globalization's effect on interest rates subject of Dallas Fed's economic letter.(INTERNATIONAL)(Brief article)
- Globalization is a major factor in the recent decline in long-term interest rates amid short-term rate increases, according to the September issue of the Federal Reserve Bank of Dallas' Economic Letter. In "Globalization's Effect on Interest R Globalization is a major factor in the...
- Research articles 2006-11-01
- Globalization is good for America.(VIEWPOINT)
- Globalization is a hot topic right now. We constantly hear of factories closing and Americans losing their jobs. Lou Dobbs on MoneyLine rails against the trend towards globalization. There are talks in Congress and state legislatures of introducing l Globalization is a hot topic right now....
- Research articles 2005-07-04
- New TRADOS Globalization Partner Program Accelerates World Business by Enabling Global Information Solutions
- TRADOS Inc., the world leader in global information solutions, today announced the new TRADOS Globalization Partner Program. The new program brings together leading globalization software and services companies to remove complex, persistent barriers that prevent enterprises from effectively reaching global markets. With the globalization capabilities of TRADOS as...
- Research articles 2005-02-14
- Will Globalization be a Victim of Imploding Economies?
- BNET readers usually have a lot to say about globalization, especially when it comes to outsourcing jobs to other countries. So those of you who see globalization as more threat to national strength than a positive might take some solace from Harvard professor Dani Rodrik. Although supportive...
- Blog posts 2008-10-28
- GLOBALIZATION AND THE DEVELOPMENT OF UNDERDEVELOPMENT OF THE THIRD WORLD
- INTRODUCTIONThere are two contending opinions on the issue of globalization. There are some observers who believe that globalization has brought rapid prosperity to the underdeveloped countries while others argue that globalization serves the needs of the metropolitan countries at the expense of the peripheral countries. This paper posits that globalization...
- Research articles 2005-04-01
- Globalization and taxation in the OECD: evidence from a new indicator of integration
- Abstract The paper presents an index of globalization covering its three main dimensions: economic integration, social integration, and political integration. Using panel regression for the period 1970-2000 the paper analyzes whether globalization has influenced OECD countries' implicit tax rates on labor, consumption and capital. The results show that globalization...
- Research articles 2005-06-22
- Global speculators: a billionaire and a Nobel laureate want to fix international trade agencies. Why bother? - George Soros on Globalization - Globalization and Its Discontents - Book Review
- George Soros on Globalization, by George Soros, New York: PublicAffairs, 191 pages, $20 Globalization and Its Discontents, by Joseph E. Stiglitz, New York; W.W.Norton & Co., 282 pages, $24.95 WHEN THE INTERNATIONAL Monetary Fund IMF and World Bank held joint meetings in Washington, D.C., in September, nothing remarkable...
- Research articles 2003-03-01
- Technology and Globalization as Mutual Reinforcers in Business: Reorienting Strategic Thinking for the New Millennium
- Introduction At this dawn of the new millennium, we are at the threshold of a new age of progress, an information age that is transforming the nature of business and society. Technology and globalization have become mutually reinforcing. Technology enables business globalization while globalization makes technology more profitable. In...
- Research articles 1999-07-15
- Idiom Technologies, Inc. Enhances E-Business Globalization With Third Generation of WorldServer; Patent-pending Business Rule Linkage Synchronizes the Globalization Process
- Business/Technology Editors WALTHAM, Mass.--BUSINESS WIRE--Oct. 11, 2000 Idiom Technologies, Inc., the premier provider of e-business globalization solutions, announces the latest version of WorldServerTM, an integrated Web globalization software solution. The new version further enables organizations to coordinate the globalization process, decrease translation costs and reach global markets more...
- Research articles 2000-10-11
- Idiom Defines `Globalization Gap' as Primary Obstacle to Effective Web Site Globalization
- Business/Technology Editors WALTHAM, Mass.--BUSINESS WIRE--Nov. 29, 2000 Maintaining Multilingual and Multicultural Web Sites Proves Significant Challenge for Most e-Businesses Idiom Technologies, Inc., the premier provider of Web globalization solutions, through its on-going research and customer implementations has defined a leading obstacle to successful Web site globalization...
- Research articles 2000-11-29
