Global Issues Essays

Global Cities Show a Particularly High Degree of Social Polarization

Social polarization is a relatively new urban phenomenon that identifies the existence of a widening gap between the rich and poor within a social group or entity. This gap has developed in country’s societies as a result of ‘income equalities, real estate fluctuations and economic displacement’ (Moulaert 2003). The effects can be damaging to society and can include ‘a loss of resources, investment and young people to the core’ (Bradford and Kent 1995). I aim to discuss and explain social…

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Multinational Expansion of Companies

Ghe increasing multinational expansion of companies requires individuals who can perform effectively across national borders by handling cross national job assignments (Stahl & Bjorkman 2006). Expatriates/international assignees are employees who work outside their national borders. A lot depends on human resource (HR) management in selecting appropriate workforce and rewarding them accordingly in company’s best interests. HR managers need to show expertise in choosing suitable personnel for international assignments based on employee’s personal characteristics, interests, overseas experience and the type international…

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Globalization and International Business

Introduction 1. The meaning of globalization * Broadly: the widening set of interdependent relationships among people from different parts of a world that happens to be divided into nations. * Narrowly: the integration of world economies through the elimination of barriers to movements of goods, services, capital, technology, and people. A. How Does International Business Fit In? * International business consists of all commercial transactions between two or more countries. The goal of private business is to make profits; Governments…

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