Globalisation in China Assignment Example | Topics and Well Written Essays - 4000 words

Globalisation in China - Assignment Example From this study it is clear that the developing countries are said to be beneficial from the international trade as they undertake technological innovation in the process of competing with the developed countries. The trade driven globalization process has created new opportunities for many countries due to poverty reduction and increase in economic growth. However, despite all the advantages of globalization there are certain disadvantages of globalization such as the domestic firms lose their power in the local market with the emergence of foreign competition. There has been integration among the nations that is both qualitative as well as quantitative integration in the international trading system. However, globalisation has offered a lot of opportunities in China. As the paper outlines the globalisation in China has led to an increase in FDI and foreign trade that has further raised the opportunity of FDI inflow and outflow in China. The country’s dependence on foreign tr ade has increased rapidly and China started participating in international trade due to the exchange of goods and services. As a result of globalisation, China has received a lot of fund for carrying out the production activities and there has been technological development as well as establishing new industries. The study suggests that China has become the third largest trading nation after the United States and Germany.  

Week 5 questions Essay Example | Topics and Well Written Essays - 500 words

Week 5 questions - Essay Example ly defined roles and responsibilities, availability of required resources, and delegation of adequate authorities to facilitate faster and appropriate decision making, would lead to smoother communications amongst themselves, ultimately translating into realization of the organization’s corporate goals. External stakeholders include consumers, suppliers, competitors, creditors as well as the community at large. These groups form an inevitable part of organizational growth and hence satisfying their requirements is of utmost significance for any organization. The organizations, thus, should strive to establish long term strategic relationship / partnerships with the external stakeholders to gain maximum leverage from the same and to realize the ultimate organizational goals of growth and profitability. This could be achieved by providing high quality products / services to the customers, establishing solid long term relationships with the suppliers, offering a cost effective and niche product line, as well as good payment terms for the creditors. This would ensure a satisfied team of individuals which would help in sustaining and developing the overall organizational goals. Long term goals define the vision of the company, which may include the goals of becoming the largest manufacturer in the world, attaining a specified percentage of market shares, or becoming a global leader by creating a niche for its products / services. Long term goals help the organizations in creating a fixed route which they have to follow in order to realize their specified objectives. For instance, for a company, if the long term goal is to be a world leader of a particular product, in terms of customer service, technology as well as quality, the management thus has to devise ways to reach the ultimate objective such as improving cycle times by speeding up the process of product availability, as well as reducing or minimizing the production costs by use of best technological aids