New Labour approached a macro-economic policy and moving towards capitalism whereas Old Labour were more towards micro-economics and socialism. Because of globalisation, Labour shifted towards a macro-economic policy. New Labour’s main concern was inflation and increasing income tax by putting emphasis on prudency. Labours modernizers explained that although they encourage public spending, they did not ordered…
Question 1 (a) Table 1 SWOT analysis for the Mapco the manufacturer of exceptional economic foodstuff using strengths, weaknesses, opportunities and threats and human resource management, accounting and finance, marketing functions. Looking at Table 1 it is clear that the main part of the business that needs to be strengthened first and foremost is Human Resource Management. Currently the company is a “one man band” consisting only of Mr.Rashid. He mentions in the report that he is…
decades, it can be seen that his predictions have come true due to globalisation. Whilst globalisation has become a highly celebrated idea of this era due to its prolific effects of transforming the globe into a village where people are highly interconnected with each other and in a matter of seconds via media in the forms of the Internet, television, telephone and print media, it is undisputed that with all things good, globalisation may also serve as a threat to traditional cultures as…
Organisations realised that they could outsource at a lower cost if they went international. Organisations started to take of advantage of globalisation which helped them increase competitive advantage, add value and reduce cost through global sourcing. There was also a disadvantage to globalisation in that decision making became a lot more difficult because there was more parties involved in the supply chain so it was harder to get access to information. Manufacturers…
within football institutions at both a global and local level. Giulianotti and Robertson(2004) assert that football is vitally important to our understanding of globalisation because roughly one billion people have an interest in the sport and it allows these groups to interact. Soccer acts like a microcosm of the concept of globalisation, providing a useful example for theorisation and empirical study of this process. The concept of 'glocalisation' introduced by Robertson (2012) refers to both…
In an interview with PBS’s Frontline in 1997, the activist Angela Davis discusses at length the issues affecting African-Americans in the United States and the efficacy of black protest as a means of challenging oppressive circumstances. Central to her thesis is the notion that “the black community” is far from as homogenous as the term implies, and that it is therefore inappropriate to universalise the African-American experience. To illustrate this, Davis references the growing divide between…
Theories Multiculturalism Multiculturalism means that people from different cultural groups received equal status, understood and celebrate festivals together without any discrimination and isolation. Besides that, society need to build bridges between each cultural groups through listening, learning, open to change and sharing to construct a society where everyday communication is based on justice, understanding, acceptance, diversity, celebration and peace-making. Jay (2011) stated that…
Research Observer, 20 (2): 145-175 Dollar, D. & Kraay, A. (2002) Growth Is Good for the Poor Journal of Economic Growth, Springer, vol. 7(3), pages 195-225, September. Guttal, S. (2007) Globalisation Development in Practice, Vol. 17, No. 4/5, pp. 523-531 Hurrell, A. and Woods, N. (1995) Globalisation and Inequality, Millennium…
At the macro level, sociologists examine social structures and institutions. Research at the macro level examines large-scale patterns. In recent years, sociologists have become increasingly interested in the process and impacts of globalisation. A study of globalisation that examines the interrelationships between nations would be an example of a macrolevel…
a term used to describe the changes in societies and the world economy that are the result of dramatically increased cross-border trade, investment and cultural exchange.” Then there was a similar definition in Moving the Goalposts: Gender and Globalisation in the Twenty-First Century; it said “globalization denotes the process in which economic, financial, technical and…