The World is Flat: The Great Sorting Out Summary In this chapter, Thomas Friedman looks at how cultures and societies will have to deal with and adapt to the changes that globalization brings to the way of doing business. As he describes, machines could communicate with other machines without a human being involvement. How in the universe can it perchance be good for my girls and 1000000s of other immature Americans that these American indians can make the same occupations as they can for a fraction of the rewards? This is the bargaining power of the consumer and the bargaininng power of suppliers. This term expresses the state of contemporary economy in the United States of America. Words: 604 - Pages: 3.
This contemporary era is definitely very different from the last century. What we need is a Renaissance of atomic power. His father was used to the idea of bringing him to the golf course almost every day after work. No critic should deny that fact. Adhesion is a process in which dissimilar molecules attach themselves to each other due to various inter-molecular forces. Many researchers come to the common opinion that the nation and its culture are not just replaced by transnational cultures: due to the diversities of different orders, such as lifechances, gender, or geographic origin, the access to globalized life-worlds is still limited Duiker 278-80. Thus, the playing field is being leveled, and no one nation has an advantage.
Greece is one of the smallest economies in Europe, however between the technological ease of information of the Greek economies woes being broadcasted incessantly and the interdependency of the European and other world markets, what was once a regional concern about the amount of debt amassed by a small economy has rapidly turned into a worldwide economic contagion. This intellectual businessman had been the first to expose Friedman to this new era of globalization. Friedman identifies ten flatteners in Globalization. The ideas he presents in this book are both plausible and convincing. The company could take some staff to an abroad company known well for coffee production. The third flattener, the Workflow software, allowed work to flow fluently. Outsourcing rаtionаle аnd outcomes 2.
If Brazil continues to billow. In India, it started with European airline companies outsourcing their back office operations to India. Alternatively of indicating citizens toward a mission of bring forthing to convey people out of poorness. The aspect went from medium to small on a company level. Crossing of the new threshold of dynamic complication by the most part of modern society, which caused globo-local variety filled with bifurcations, is predetermined by the nonlinearity of socio-cultural dynamics, characterized by the breaks of society and rhizome development and accompanied by the processes of globalization and fragmentation unfolding simultaneously.
Some good examples are China, Malaysia, Mexico and Brazil. While hierarchies are being eroded and playing Fieldss leveled as other states and people rise in importance and aspiration. Businesses; therefore, need to invest in research and development so as to improve there products to make them more competitive in the market. Friedman analyses technological advances that are making a more economic level playing field with disadvantaged countries rising in knowledge and wealth before. Everyone deserves the chance to pursue their goal that they have in life.
The ideas he presents in this book are both plausible and convincing. He seemed to make very valid points about being culturally and internationally aware, and the stressing the importance of keeping up with the level of expectation today. The rollercoaster effect of falling and rising expenses and needs for jobs are continuously changing as our times become more and more digital. However, presently and in the future, America is being challenged. Through being introduced to these important issues, I feel as if I can be more aware and competitive as I live in a flatter world. He presents his ideas through specific stories, interviews, and conversations had with executives in different countries who have similar ideas about globalization. This is the equivalent to a smaller globe which allows one to reach far away opportunities.
Words: 421 - Pages: 2. Friedman points out that closed economies, like Russia and China, opened up at almost the exact moment that the flatteners emerged, which allows billions of people to compete. The workers from Pakistan, for example, may appear more skillful than American workers in some jobs, and of course much cheaper. She had served in the U. If consumers have a higher bargaining power they are able to obtain the product at lower prices. His simple linguistic communication and unstable manner grant him the ability to interrupt down even the most proficient or complicated thoughts or events into footings any reader can understand. The book has been taken as a critical update about the effects of globalization, the opportunities it has presented to the empowerment of the individual, its achievement in alleviating poverty, as well as, its impacts on the social, environmental and political scene.
More than of all time. Friedman he explains how our world is advancing when it comes to jobs and technology. After all, internal globalization means that large numbers of people around the globe are exposed to other cultures on a daily basis without crossing borders on a regular basis, simply through the variety of communication media. Zakaria emphasizes on these changes. This opened up exciting possibilities for global commerce. Not only that, call centers are located around the world, I recently called Bank of America to report a problem and someone with perfect English helped me in a very efficient way, when I asked where was he located at, he mentioned that he was in San Jose de Costa Rica, Costa Rica.
In this era many multinational companies became global for markets and labor thank to the Industrial Revolution. Now people could access information from all over the world. Sandel tells whether globalization is more like exploitation of international workers. In 1970, he became the captain of his St. It is anticipated that 4 billion people will be online by 2010. The book, The World is Flat, by Thomas Friedman draws attention to some very good points concerning globalization and the world economy today. Dear Free Essays: Thanks for helping me with my term paper! Social Media is king and not only does connect us with one another but is largely now how business connect with us.
The industry drive was about things such as manpower and horsepower, and how well we could utilize these in the world market. The first era, which he refers to as Globalization 1. Further, open sources of communication such as Google provide us a great opportunity to search the various resources on the organization in order to keep us informed as well as up to date about the recent trends in the world. Most however, lack the concept of why everything seems to be slipping away. Friedman gives the reader a possible explanation for the world that people are facing. Once the area began to be inhabited and settled, there was much more worldwide interaction. Bill Gates explains the significance of this transmutation best.