The paper "Globalization through the Kaleidoscope by Paliwoda & Slater" is a wonderful example of an article on business. Globalization affects individuals, businesses, and stakeholders. It entails all aspects of the business world, transactional, and cultural interactions. Therefore, it affects the way we live and how we interrelate, regardless of where we live. According to this article, “ Globalization through the kaleidoscope” by Paliwoda & Slater (2009), globalization is the concept of entering into the international spheres through trade and other important interactions either culturally, economically, and technologically among others.
The article discusses globalization and the strategies which can be implemented for globalization to take place, as well as the impacts of globalization. In addition, the article argues that globalization has been enabled by certain factors such as eliminating barriers to international trade. This article review, therefore, will discuss the main concepts which are discussed in this article as well as providing a critique of the article. Article Summary The article begins by examining a wide range of definitions, from a wide source or writers, of the concept of globalization. For example, Globalization can be defined as the situation whereby business operations are conducted across the borders.
It affects the cultural aspects of people, hence affecting people, companies, and the workforce (Bongiorni 2007). According to Giddens (1999), globalization can be defined as the political, technological, and economic aspects which affect business operations. According to Scholte (2000), globalization is the process that has brought shifts replacing the existing cultural structures (Scholte 2000). The article argues that there are many factors that have led to globalization. The article argues that the first driver of globalization is the elimination of barriers to international trade.
This is whereby various economies have dropped the barriers which hinder foreign companies from operating in their economies. In this context, many organizations are going global due to the lack of trade barriers or freedom of trade across borders. The writer also argues that the existence of free trade has led to globalization since various companies can operate from one economy to another. This implies that the local companies are going global so as to exploit the opportunities in the market which have not been exploited.
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