Critically analyse the assertion that the benefits of globalization Essay

Critically analyse the assertion that the benefits of globalization have been unequal and have led to widening global inequality - Essay Example These are just a few of the advantages that human societies and business activities enjoy from globalisation and its related activities. Globalisation is a term used to describe various macro-economic regulations and policies that influence various cross-border transactions and other systems that lead to increased interdependence in the citizens of many countries globally (McGregor 2008, 13). It is believed that globalisation activities in the world started in the 1990s. However, it is important to understand that trends in globalisation had began a few years before the 1990s (Ghauri & Powell, 2008, 54). Globalisation is said to have led to increased quality, efficiency and effectiveness in the quality of goods and services that were being produced by countries. Many companies began to improve in the supply management and distribution of goods and services, something that led to their growth and development, with expansions to other regions and countries. Globalization played a big role in economic integration, something that led to the economic growth and development in these countries. Currently, many countries are involved in various integration something that some people say has led to increased economic inequalities in different economies. This paper examines the effects of globalization and perceived inequalities that have results from it in various countries. The process of economic integration describes the rising economic integration as well as the interdependence witnesses in the national, regional and the local economies in many parts of the world. This process is often experienced in the intensification of the cross-border movements and transfers of products and services, capital and other important technologies used in economic activities. In as much as globalisation is described as a set of various processes that happen in the economic networks, cultural interchange as well as the in political circles, the rapidly

Iphone 5 Holographic laser Key Board & Wide Screen Projector Term Paper

Iphone 5 Holographic laser Key Board & Wide Screen Projector - Term Paper Example In the computer market, where this company has traditionally been very strong, Apple has continued to strengthen its products by increasing their quality especially in desktops and laptops (Rouse, 1999). The latter has led to a great increase in the sales of the company, the sales in the Mac units alone brought in more than 10 billion dollars in revenue to the company, and this was a forty percent increase in sales from the previous year. Its continued innovative style and its ingenious marketing strategy, especially when unveiling new products, have continued to make Apple one of the leading companies in the IT sector. II. SITUATION ANALYSIS a) INDUSTRY There seems to be always a shift in the priorities of the IT sector every few years and this is most likely because this sector is currently thick with new product developments from the different companies involved in it. These products have become a part of everyday life and very few people all over the world can do without them. It is therefore certain that the demand for IT products, especially those developed by Apple, is going to continue rising significantly unless another company comes up with better and more advanced products than the ones it currently has on the market. There have been dramatic improvements in the functionality of Apple products and this can be exemplified by the recently introduced iPhone 5. This has been facilitated through the development of faster chips as well as the simplification of wireless technology as well as network servers to ensure that there is faster access to information through the internet (Yao, 2012). The IT industry is heavily influenced by the popular culture more than anything else is and it is because of this that many of the companies involved in it have remained successful through the years. b) COMPETITION In recent years, it can be said that most of the companies that manufactured computers such as Dell and Alien ware have been major competitors of Apple in t he market. Furthermore, Apple has come to face fierce competition from other companies in the online media sector and the greatest of these rivals has been Samsung, which has tended to produce products similar to those of Apple only selling them at cheaper prices (Burt, 2005). c) COMPANY The greatest strength of Apple as an IT company has been its ability to gauge and make the products which the public like and would like to acquire. Moreover, because of the high quality of its products, this company has come to be well known all over the world. Innovation is one of the things, which keep Apple going, and in fact, it is the main reason for its success globally. However, this company also has some core weaknesses and one of these is the competition, which it has with other companies that try very hard to outdo it by attempting to make better products. Furthermore, Apple products tend to be quite expensive and this discourages people from buying them even though they would have liked to (May Wong, 2005). Apple is one of the leading IT companies in the world and its progress in the market has risen over the years. This means that that the rate of its growth in the market has increased hence opened new doors for more ideas hence increased growth opportunities more and more. Many other IT