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Kayla S

Globalization - 0 views

  • Globalization (or globalisation) in its literal sense is the process of transformation of local or regional phenomena into global ones. It can be described as a process by which the people of the world are unified into a single society and function together. This process is a combination of economic, technological, sociocultural and political forces.[1] Globalization is often used to refer to economic globalization, that is, integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology.
  • describes an ongoing process by which regional economies, societies, and cultures have become integrated through a globe-spanning network of exchange
  • globalization is usually recognized as being driven by a combination of economic, technological, sociocultural, political, and biological factors
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  • lobalization
  • Globalization (or globalisation) describes a process by which regional economies, societies, and cultures have become integrated through a global network of communication, transportation, and trade.
  • Globalization refers to the increasing unification of the world's economic order through reduction of such barriers to international trade as tariffs, export fees, and import quotas. The goal is to increase material wealth, goods, and services through an international division of labor by efficiencies catalyzed by international relations, specialization and competition. It describes the process by which regional economies, societies, and cultures have become integrated through communication, transportation, and trade.
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    Definition and examples of globalization
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    Definition of Gloabalization.
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    Definition of globalization: "Globalization (or globalisation) describes a process by which regional economies, societies, and cultures have become integrated through a global network of communication, transportation, and trade. The term is sometimes used to refer specifically to economic globalization: the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology.[1] However, globalization is usually recognized as being driven by a combination of economic, technological, sociocultural, political, and biological factors."
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    Globalization refers to the increasing unification of the world's economic order through reduction of such barriers to international trade as tariffs, export fees, and import quotas. The goal is to increase material wealth, goods, and services through an international division of labor by efficiencies catalyzed by international relations, specialization and competition. It describes the process by which regional economies, societies, and cultures have become integrated through communication, transportation, and trade.
James D

Outsourcing Backlash: Globalization in the Knowledge Economy - 0 views

  • Historically, companies in the United States, Europe and Japan have led globalization, because those countries pushed products and services into developing countries.
  • Likewise, local politicians and political parties may try to protect jobs and obtain votes through legislation such as the bills currently being debated in four U.S. states aimed at blocking the outsourcing of government work to offshore enterprises.
  • Another factor making outsourcing attractive is the changing nature of technical work
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  • With this move to SODA, technologists and business people are talking, working with and understanding processes better. Communication between all parties is in terms of processes and subprocesses, more accurately mapping business needs.
  • Workers in one area of the globe will hear about practices in other parts of the world, raising awareness and intensifying their demands for equity. Labor forces in relatively disadvantaged economies will lobby to bring workforce programs into alignment with those of their global peers. Meanwhile, the values of workers and consumers in wealthier regions will promulgate globally, creating pressure across markets to adopt safe and competitive labor practices. In the long term — 10 years or more — the continuous pressure for equitable practices will normalize work/life programs and start to narrow the gap among regional labor rates.
  • For now, enterprises that are lured by low-cost labor markets will make decisions that satisfy immediate budget requirements, but many know little about domestic outsourcing, and even less about offshore outsourcing.
  • According to a 22 July 2003 article in the New York Times, IBM is now acknowledging the apparent necessity of moving service work to low-cost regions, and it is anticipating anger from displaced employees, as well as potential unionization for worker protection
  • Although there is frequent talk of "sweatshops" in many developing countries, the reality is often far different. In terms of economies of scale, domestic spending power and quality of life, many people in developing nations are compensated exceptionally well. As enterprises globalize, employers worldwide will be forced to offer more-competitive salaries and packages to their employees, especially those who are based abroad
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    " Equal-Opportunity Globalization Historically, companies in the United States, Europe and Japan have led globalization, because those countries pushed products and services into developing countries. As the business of offshore sourcing grows, globalization is beginning to become widely accepted elsewhere. With "nearshore" and offshore sourcing, the global equation has changed. Enterprises in developing countries and emerging markets are now reaching into developed economies, offering a talented workforce at a fraction of the price. Developed and developing economies are exploiting each other's markets, economies and labor forces. It is natural to expect that those disadvantaged by globalization - irrespective of market - will protest and make known their issues. Likewise, local politicians and political parties may try to protect jobs and obtain votes through legislation such as the bills currently being debated in four U.S. states aimed at blocking the outsourcing of government work to offshore enterprises. Moreover, unlike previous instances of globalization - in textiles, products and manufacturing - the latest round is occurring almost instantaneously over a vast and sophisticated communication network. This has enabled business, projects, tasks and jobs to be transferred to virtual workforces across the globe quickly and transparently - a trend that is occurring so rapidly as to disorient entire professions, societies and organizations. Changing Nature of Technical Work Another factor making outsourcing attractive is the changing nature of technical work. By 2006, service-oriented architecture (SOA) will be at least partially adopted in more than 60 percent of new, large and systematically oriented application development projects (0.7 probability). The proliferation of Web services and SOA is causing software to be developed in smaller units that are easier to map to business processes. These smaller units are also ideal for an offshore envi
Kayla S

Outsourcing affects the economy - 0 views

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    This site explains how outsourcing on the US economy will be a positive effect. It also tells you about hiring foreign workers will have an immediate effect on the economy and this will lead to many Americans losing their jobs.
mitch g

Kevin Kelly - 0 views

  • Kevin Kelly is Senior Maverick at Wired magazine. He co-founded Wired in 1993, and served as its Executive Editor from its inception until 1999. He is currently completing a book for Viking/Penguin publishers called "What Technology Wants," due out in the Fall 2010. He is also editor and publisher of the Cool Tools website, which gets half a million unique visitors per month. From 1984-1990 Kelly was publisher and editor of the Whole Earth Review, a journal of unorthodox technical news. He co-founded the ongoing Hackers' Conference, and was involved with the launch of the WELL, a pioneering online service started in 1985. He authored the best-selling New Rules for the New Economy and the classic book on decentralized eme
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    Kevin Kelly is Senior Maverick at Wired magazine. He co-founded Wired in 1993, and served as its Executive Editor from its inception until 1999. He is currently completing a book for Viking/Penguin publishers called "What Technology Wants," due out in the Fall 2010. He is also editor and publisher of the Cool Tools website, which gets half a million unique visitors per month. From 1984-1990 Kelly was publisher and editor of the Whole Earth Review, a journal of unorthodox technical news. He co-founded the ongoing Hackers' Conference, and was involved with the launch of the WELL, a pioneering online service started in 1985. He authored the best-selling New Rules for the New Economy and the classic book on decentralized emergent systems, Out of Control.
Alexa Fike

The Economy, Outsourcing Jobs and Higher Education - 0 views

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    talks about how outsourcing is not new for the US. also talks about how my topic is actually applying to the world today.
Kenneth Honer

Outsourcing: Coming in from the cold as the economy thaws? - TechRepublic - 0 views

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    Outsourcing has been slowing declining since last year. However, outsourcing has gone up in the past 3 months.
Kyle Bambu

Marc Andreessen on Why Software Is Eating the World - WSJ.com - 0 views

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    This article talks about how software is heavily invested in and how it may be a software "bubble." This also talks about how software may overtake the economy in one, drastic sweep.
Thomas H

Mobile phone - Wikipedia, the free encyclopedia - 1 views

  • A mobile phone (also called mobile, cellular phone, cell phone or handphone)[1] is an electronic device used for full duplex two-way radio telecommunications over a cellular network of base stations known as cell sites. Mobile phones differ from cordless telephones, which only offer telephone service within limited range through a single base station attached to a fixed land line, for example within a home or an office.
  • In addition to being a telephone, modern mobile phones also support many additional services, and accessories, such as SMS (or text) messages, e-mail, Internet access, gaming, Bluetooth and infrared short range wireless communication, camera, MMS messaging, MP3 player, radio and GPS. Low-end mobile phones are often referred to as feature phones, whereas high-end mobile phones that offer more advanced computing ability are referred to as smartphones.
  • A mobile phone (also called mobile, cellular telephone, or cell phone) is an electronic device used to make mobile telephone calls across a wide geographic area. Mobile phones are different from cordless telephones, which only offer telephone service within a limited range of a fixed land line, for example within a home or an office
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    "A mobile phone (also known as a cellular phone, cell phone and a hand phone) is a device which can make and receive telephone calls over a radio link whilst moving around a wide geographic area. It does so by connecting to a cellular network provided by a mobile network operator. The calls are to and from the public telephone network which includes other mobiles and fixed-line phones across the world. By contrast, a cordless telephone is used only within the short range of a single, private base station. In addition to telephony, modern mobile phones also support a wide variety of other services such as text messaging, MMS, email, Internet access, short-range wireless communications (infrared, Bluetooth), business applications, gaming and photography. Mobile phones that offer these more general computing capabilities are referred to as smartphones. The first hand-held mobile phone was demonstrated by Dr Martin Cooper of Motorola in 1973, using a handset weighing 2 1/2 lbs (about 1 kg).[1] In 1983, the DynaTAC 8000x was the first to be commercially available. In the twenty years from 1990 to 2010, worldwide mobile phone subscriptions grew from 12.4 million to over 4.6 billion, penetrating the developing economies and reaching the bottom of the economic pyramid"
Steve Madsen

Official Google Blog: Knol debates: See both sides, get involved - 0 views

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    Seems like an interesting idea to allow a debate, and then others can interact one way or the other. Will the debates use stories as mentioned in 'A Whole New Mind?'
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    Our first debate focuses on the economy. Economists from the Cato Institute and the Economic Policy Institute (EPI) have offered opening arguments on what should come next now that the Emergency Economic Stabilization Act is law. Take a look to see what they think -- but don't stop there. As with most articles in Knol, these are open to collaboration, so you can rate what you read, submit comments, write full responses (i.e. reviews), or even suggest edits to the author by making changes right in the knol itself.
J.T. E

Common Worries Among Corporations and Governments - 1 views

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    "Corporations and governments are starting to worry about a common set of related issues. During the last two months I was fortunate to participate in several conversations with top corporate executives and foreign government officials all of whom are visiting Silicon Valley with increasing frequency. The conversations covered topics ranging from innovation and the rapid technological changes we are experiencing and must adapt to, the mismatch of skills and jobs and the changes we must institute to meet our evolving labor needs, and the state of the world economy and the continued impact of globalization. I want to summarize the topics being discussed by these diverse constituencies and provide a place for relevant comments and opinions."
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    JTE - can you put this into your own words?
Shay B

Web 2.0 Gets Big -- and Corporate - 0 views

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    As the economy totters, it's easy to make fun of the concept of "Web 2.0" - the rallying cry of a generation of chipper start-ups spawned over the last few years with an unusual aversion to vowels.
Allen M

In Outsourcing Attacks, Tired Posturing and Little Leadership - Economic Scene - 0 views

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    U.S. government's recent past with outsourcing and trade
Joey Jansma

Impact on Government, politics, and employees - 0 views

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    The interactive nature of the growing economy and demand within the wikis, web-logs, podcasts, or other forms of internet bonding compel employers to favorite workers that have somewhat dealt with the internet technology and its various contemporaries and tools because they are knowledgeable of the infinite opportunities and benefits.
Kenneth Honer

India must attract more FDI - 0 views

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    India's economy benefits from foreign direct investment. However, investment in India has declined recently.
Karley Friend

Where would globalization be without outsourcing? - 0 views

  • "Will Soaring Transport Costs Reverse Globalization?" The report argues that high energy costs could potentially reverse the outsourcing that has occurred in some areas of manufacturing. Foreign trade cannot expect the same opportunities to develop markets in India as there were 30 years ago because of today's high energy costs. This situation could give countries closer to the U.S. like Mexico a little more appeal in the future than current economic giants such as China.
  • But do not expect outsourcing — the major transformer of world economies in the last 30 years — to go silently into the night.
  • high energy prices do not affect all aspects of global trade, including the areas of telecommunications and computers. For example, the software industry in India will continue to thrive because it thrives on cheap Internet and not natural resources.
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    "Will soaring transport costs reverse globalization? and HIgh energy prices do not affects all aspects of global trade."
tommy s

Outsourcing - Wikipedia, the free encyclopedia - 0 views

  • Outsourcing or sub-servicing often refers to the process of contracting to a third-party.
  • Cost savings — The lowering of the overall cost of the service to the business. This will involve reducing the scope, defining quality levels, re-pricing, re-negotiation, and cost re-structuring. Access to lower cost economies through offshoring called "labor arbitrage" generated by the wage gap between industrialized and developing nations.[10] Focus on Core Business — Resources (for example investment, people, infrastructure) are focused on developing the core business. For example often organizations outsource their IT support to specialised IT services companies. Cost restructuring — Operating leverage is a measure that compares fixed costs to variable costs. Outsourcing changes the balance of this ratio by offering a move from fixed to variable cost and also by making variable costs more predictable. Improve quality — Achieve a steep change in quality through contracting out the service with a new service level agreement. Knowledge — Access to intellectual property and wider experience and knowledge.[11] Contract — Services will be provided to a legally binding contract with financial penalties and legal redress. This is not the case with internal services.[12] Operational expertise — Access to operational best practice that would be too difficult or time consuming to develop in-house. Access to talent — Access to a larger talent pool and a sustainable source of skills, in particular in science and engineering.[13][14] Capacity management — An improved method of capacity management of services and technology where the risk in providing the excess capacity is borne by the supplier. Catalyst for change — An organization can use an outsourcing agreement as a catalyst for major step change that can not be achieved alone. The outsourcer becomes a Change agent in the process. Enhance capacity for innovation — Companies increasingly use external knowledge service providers to supplement limited in-house capacity for product innovation.[14][15] Reduce time to market — The acceleration of the development or production of a product through the additional capability brought by the supplier.[16] Commodification — The trend of standardizing business processes, IT Services, and application services which enable to buy at the right price, allows businesses access to services which were only available to large corporations. Risk management — An approach to risk management for some types of risks is to partner with an outsourcer who is better able to provide the mitigation.[17] Venture Capital — Some countries match government funds venture capital with private venture capital for start-ups that start businesses in their country.[18] Tax Benefit — Countries offer tax incentives to move manufacturing operations to counter high corporate taxes within another country. Scalability — The outsourced company will usually be prepared to manage a temporary or permanent increase or decrease in production. Creating leisure time — Individuals may wish to outsource their work in order to optimise their work-leisure balance.[19] Liability — Organizations choose to transfer liabilities inherent to specific business processes or services that are outside of their core competencies. [edit] Implications
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    Definition of outsourcing: "Outsourcing or sub-servicing often refers to the process of contracting to a third-party."
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    wikipedia on outsourcing
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    overview of outsourcing
MATTHEW H

MUB3 effects of technology in government - 2 views

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    Gives a little bit about our changing economy(tech & gov).
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