The paper "Globolization: Trends and Perspectives by Tiffany Bishop, John Reinke and Tommy Adams" is an outstanding example of a business article. The main agenda of this article is to explore and ascertain facts about globalization, its trends and the different perspectives it takes. Majorly, the authors of the article focus on the trends of globalization in the past thirty years. They define globalization through its development in the past three decades and its economical effects on the financial marketplace, the industry and politics. In general, this article voices globalization by elaborating its history, valuating the recent trends it has and analyzing the different approaches it takes.
In addition, the article looks into the positive and negative effects of globalization. The writers investigate and state the pros and cons of globalization on the basis of different trends and perspectives. Even though the article has different perspectives, it still elaborates on the role of different entities in facilitating globalization; such entities include the government and the private sector. Ultimately, the writers offer their recommendations for the future by suggesting what regulations should be put in place and elaborate on the importance of policies to effectively sustain, regulate and monitor globalization. Summary To begin with, globalization is defined to be the growing interdependence and interrogation among nations resulting from the modern flow of people, trade, finance and ideas.
Even though globalization is in each and every aspect, its most recognizable form is through technological innovations. In emphasis to the communications sector, technological enhancement and innovations provide a rapport that cultures the growth and expansion of businesses since it has facilitated quicker and easier financial transactions, recordkeeping, data collection and implementation of policies.
In addition to the fact that globalization has an influence on human rights, the environment and national security, it also bridges the gap between diverse sectors such as the media, politics, society and art. In a broader perspective, globalization breeds new ideologies and initiatives that affect the systems of politics and governance.
Bishop, T, Reinke, J & Adams, T 2011, Globalization: Trends and Perspectives, Journal of international Business research, Vol 10. No. 1 Pg 118-130.
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