… (Vaughan & Vaughan, 2013). This goes to show the extent to which foreign companies have grown in the insurance industry thanks to the globalization of insurance but also to the spread of wealth throughout the world. Insurance companies and finance go together as the former depends upon … companies and finance go together as the former depends upon the latter for return on investment (ROI). Part of the problem with the globalization of insurance is that everything has been globalized—right down to investable markets. Since 2008, central banks around the world have lowered rates to … in turn impacts the investments of insurance companies all over the world.
Another issue that is being seen now is the fact that globalization is also not a one way street. As globalization increases so too does the rate at which countries revert back to nationalism. Nationalist self-interests have been on the rise……
Egan, M. (2018). Tax cut triggers $437 billion explosion of stock buybacks. Retrieved from https://money.cnn.com/2018/07/10/investing/stock-buybacks-record-tax-cuts/index.html
Flegm, E. H. (2008). The Need for Reliability in Accounting. Why historical cost is more reliable than fair value. Journal of Accountancy, 205(5), 34.
Healy, P. M., Palepu, K., & Serafeim, G. (2009). Subprime Crisis and Fair-Value Accounting. HBS Case, (109-031).
Laux, C., & Leuz, C. (2010). Did fair-value accounting contribute to the financial crisis?. Journal of economic perspectives, 24(1), 93-118.
Light, L. (2019). More than Half of All Stock Buybacks are Now Financed by Debt. Here’s Why That’s a Problem. Retrieved from https://fortune.com/2019/08/20/stock-buybacks-debt-financed/
Reda, J. (2018). How Stock Buybacks Can Affect Executive Compensation. Retrieved from http://clsbluesky.law.columbia.edu/2018/08/03/how-stock-buybacks-can-affect-executive-compensation/
Young, M. R., (2008). Both sides make good points. Journal of Accountancy, 205(5), 34.
Vaughan, E. J., & Vaughan T. M., (2013). Fundamentals of Risk and Insurance, 11th Edition.
Globalization and Its Ethical Implications
The dynamic force of globalization, a phenomenon of interconnectedness and integration of economies around the world, has resulted not only to increasing opportunities for trade diversification but presents … resources are emerging global issues of interest to both national and international governments and critical for maintaining global stability (Bhargava, 2007).
Forces of globalization have contributed to multilateral trade liberalization, which has an economic value such as increasing Foreign Direct Investment (FDI), greater economies of scale and … change that's evident by the prevalent extreme weather, rising sea levels, and heatwaves that have resulted in declining economic productivity. The forces of globalization triggered the need for addressing global income inequalities and poverty which remains pervasive
Globalization- children's rights nexus is one of the emerging global societal topics with two fundamental ethical issues that pervades in developing countries: child labor … life of poverty. It also denies……
Ahmad, A. (2013) \\\\\\'A Global Ethics for a Globalized World,\\\\\\' Policy Perspectives, 10(1), pp. 63–77. Available at: http://www.jstor.org/stable/42909298.
Bereiter, C. and Scardamalia, M. (2020) \\\\\\'What will it mean to be\\\\\\" educated\\\\\\" in 2020\\\\\\', The Gordon Commission on the Future of Assessment in Education.
Buller, P. F., Kohls, J. J. and Anderson, K. S. (1991) \\\\\\'The challenge of global ethics,\\\\\\' Journal of Business Ethics, 10(10), pp. 767–775. DOI: 10.1007/BF00705711.
Gampel, E. H. (2010) \\\\\\'A framework for reasoning about ethical issues\\\\\\', pp. 1–18. Available at: http://www.academia.edu/4323854/A_Framework_for_Reasoning_about_Ethical_Issues .
Gong, Q. and Zhang, L. (2010) \\\\\\'Virtue ethics and modern society—A response to the thesis of the modern predicament of virtue ethics _ SpringerLink,\\\\\\' Frontiers of Philosophy in China, 5(2), pp. 255–265.
Newton, L. (2008) \\\\\\'Hale Chair in Applied Ethics Resources - Manuals.\\\\\\' Available at: http://www.rit.edu/cla/ethics/resources/manuals/dgae1p1.html .
The Blogxer (2012) \\\\\\'Responsibilities of an educated person,\\\\\\' The Third Eye. Available at: http://enlighten-me-not.blogspot.co.ke/2012/03/responsibilities-of-educated-person.html .
Food & The Environment
Globalization has an impact on all aspects of our lives from the environment to food. Foods that are produced in one country are a … a majority of farmers have planted the grain for export to Western countries making it scarce and pricey for the locals to buy. Globalization has led to food from different cultures and countries to be enjoyed in other countries. Nowadays, we find whole cuisines being available in … new country. Travelers have been known to seek out new flavors, which they will then bring back with them when they return home.
Globalization has had an impact on the environment through climate change. Economic losses in one country have a ripple effect on other countries across … losses in one country have a ripple effect on other countries across the globe. This has affected the environment as well. Due to globalization,……
MaClean, J. (JUNE 11, 2016). Globalization is worsening the effects of climate change, study says. from https://www.cantechletter.com/2016/06/globalization-worsening-effects-climate-change-study-says/
Schwab, K. (14 Jan 2019). Globalization 4.0 will help us tackle climate change. Here’s how. from https://www.weforum.org/agenda/2019/01/globalization-4-0-will-help-us-tackle-climate-change-here-s-how/
Yu, L. (01/22/2019). Superfoods’ Dark Side: Increasing Vulnerability of Quinoa Farmers in Bolivia. from http://web.colby.edu/st297-global18/2019/01/22/superfoods-dark-side-increasing-vulnerability-of-quinoa-farmers-in-bolivia/
The Influence of the PRC
The People’s Republic of China (PRC) is the state that most influences contemporary international security. The globalization of the Communist superpower projects brings employment and economic growth. Since joining the World Trade Organization, China has become an increasingly influential participant ……
Chatzky, A. & McBride, J. (2019) China’s massive Belt and Road Initiative. Council on Foreign Relations. In possession of the author.
“China as a Trading State” (n.d.) In possession of the author. s
“Foreign Direct Investment” (n.d.) In possession of the author.
Global Times (2018) Best strategic opportunity since the Cold War. Global Times. In possession of the author.
Hoffman, S. (2002) Clash of globalizations. Foreign Affairs. July/August 2002. 105-115.
Morrison, W. (2017) China’s economic rise: History, trends, challenges, and implications for the United States. Congressional Research Service. September 15, 2017. In possession of the author.
NIC (2017) Paradox of progress. National Intelligence Council. In possession of the author.
Pollack, J. (no date). Competing visions: China, America and the Asia-Pacific Security Order. In possession of the author.
Globalization has opened up international markets for almost all good including sex trade. It has also made it easy for traffickers to move women ……
Brewer, D. (2009). Globalization and human trafficking. Topical Research Digest: Human rights and human trafficking, 2009, 46-56.
Griffith, A. (May 02, 2017). Stop “Saving” Women: A Transnational Feminist Approach. Retrieved from https://www.huffpost.com/entry/stop-saving-women-a-transnational-feminist-approach_b_5908ca52e4b084f59b49fd4b
Valoy, P. (January 28, 2015). Transnational Feminism: Why Feminist Activism Needs to Think Globally. Retrieved from https://everydayfeminism.com/2015/01/why-we-need-transnational-feminism/
Watson, C. (June 18, 2009). The globalization of sex. Retrieved from https://www.cbc.ca/news/world/the-globalization-of-sex-1.777957
… of that European game and energizing it in the U.S. in a specifically American way. The local traditions that thus push back against globalization are the tradition of honoring sports stars as celebrities rather than as neighborhood heroes, the tradition of blaring loud radio music instead of ……
Campos, E. (2017). The glocalization of soccer in America. Retrieved from https://thesocietypages.org/trot/2017/07/20/the-glocalization-of-soccer-in-america/
Jijon, I. (2017). The moral glocalization of sport: Local meanings of football in Chota Valley, Ecuador. International Review for the Sociology of Sport, 52(1), 82-96.
...Globalization Why Nike Needs to Cut Colin Kaepernick
Nike’s decision to tap into “woke culture” and turn the out of work former NFL quarter Colin Kaepernick into a brand ambassador has been a controversial one since the sportswear company launched its Colin ad campaign in 2018. Nike needs to change the way it approaches its consumer base in America while simultaneously addressing the supply chain issues that have arisen as a result of COVID-19, which has caused major production problems for Nike in Asia. While Nike has been active in promoting the ultimate Trump antagonist in Colin Kaepernick, it is now time to bury the hatch and put America first but cutting ties with Kaepernick and opening up production in the US so as to 1) bring manufacturing back to America and solve the supply chain problems caused by the virus, and 2) to help put Americans back to……
Bibliography and References
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Boehm, B. (2002). Get ready for agile methods, with care. Computer, (1), 64-69.
Boehm, B. (2007). A survey of agile development methodologies. Laurie Williams, 45, 119.
Fernandez, D. J., & Fernandez, J. D. (2008). Agile project management—agilism versus traditional approaches. Journal of Computer Information Systems, 49(2), 10-17.
Freberg, K., Graham, K., McGaughey, K., & Freberg, L. A. (2011). Who are the social media influencers? A study of public perceptions of personality. Public Relations Review, 37(1), 90-92.
Cameron, E. and Green, M. (2015), Making Sense of Change Management: A complete Guide to the Models, Tools and Techniques of Organizational Change. Kogan Page: London
Kotter, J. P. (2012). Leading Change. Harvard Business Review Press.
TMZ. (2018). Kaep Deal Adds Up... WE GOT NIKE'S CUSTOMER BREAKDOWN. Retrieved from https://www.tmz.com/2018/09/06/colin-kaepernick-nike-contract-urban-consumers-market-research/
...Globalization Specific HR Strategy
Human resource management (HRM) is an integral part of organizational operations with greater impacts on financial performance. Modern HR strategies and practices have evolved to incorporate strategic HRM. HR strategies are divided into two categories: general HR strategies and specific HR strategies. General strategies in HR practices focus on high commitment, high involvement, and high-performance management. On the contrary, specific HR strategies focus on what the organization sets to do in relation to its HRM policies and practices. Business organizations are increasingly establishing specific HR strategies to enhance their competitive advantage and performance. Specific HR strategies differ from general strategies as they are based on the unique aspects of an organization’s operations.
An example of a specific HR strategy is IRM’s HR strategy, which reflects the general aspirations and intentions of the company. The HR strategy reflects four key areas of its overall business strategy: business……
Boon, C., Eckardt, R., Lepak, D.P. & Boselie, P. (2017, October 5). Integrating Strategic Human Capital and Strategic Human Resource Management. The International Journal of Human Resource Management, 29(1), 34-67.
Boon, C., Hartog, D.N.D. & Lepak, D.P. (2019, January 14). A Systematic Review of Human Resource Management Systems and Their Measurement. Journal of Management, 45(6), 2498-2537.
Richard, O.C. & Johnson, N.B. (2001, March). Strategic Human Resource Management Effectiveness and Firm Performance. The International Journal of Human Resource Management, 12(2), 299-310.
Seyyedjavadin, S.R. & Zadeh, M.H. (2009, June). HR Strategy and Its Aligning with Organizational Strategy and Human Capabilities. Iranian Journal of Management Studies, 2(2), 5-29.
Wright, P.M. (2008). Human Resource Strategy – Adapting to the Age of Globalization. Retrieved July 25, 2020, from https://www.shrm.org/hr-today/trends-and-forecasting/special-reports-and-expert-views/Documents/HR-Strategy-Globalization.pdf
...Globalization Disney Studios and the Online Streaming Wars
Disney was at its best when it was not just Eisner but rather the triumvirate of Eisner, Wells and Katzenberg. The three complemented one another well, but individually and on their own they could not recreate the same magic. Thus, strategy formulation and implementation has to start with the question of who is calling the shots and making the decisions at Disney? Who is bringing the vision? What is the vision? This has to be clearly defined and it has to be directional. Once the direction is defined, the parenting strategy has to be defined: this is the “manner in which management coordinates activities, transfers resources, and cultivates capabilities among product lines and business units” (Wheelan, Hunger, Hoffman & Bamford, 2010, p. 5). The strategy has to focus on what the company is doing with its human capital. Intangible assets are human……
Wheelen, T. L., Hunger, J. D., Hoffman, A. N., & Bamford, C. E. (2010). Strategic management and business policy. Upper Saddle River, NJ: Prentice Hall.
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