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    My take on the differences that exist between developed and developing nations fundamentally remains the same as it had before the viewing of this series. Ultimately, these beliefs remain consistent and this series delivers a perspective that, though new to me, still serves to reinforce my basic take on this. That is, that disparities in development and stability of nations, is not contingent on any differences in intelligence among the respective populace of nations, but rather it came down to…

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    Economic Inequality

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    In todays ever connected and forever growing society, it has become more socially acceptable for groups of people to be divided by the state of their bank account. Not only is this an issue in the developed world, but also it has a large influence on the developing world. I noticed this on my trip to Ecuador with my school in which I spend a month in both urban society and rural society. The wide range of economic disparity demonstrated through the difference in living conditions was a clear…

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    Recent empirical studies have also found price momentum in equities in various countries around the world, including Australia (Li, Stork, Chai, Ee, & Ang, 2014; Schneider & Gaunt, 2012), Belgium (Annaert & Mensah, 2014), and China (Cheema & Nartea, 2014; Ni, Liao, & Huang, 2015). Momentum effect was noticed in Finland (Leivo, 2012), France (Nakhli & Belkacem, 2013), and India (Ansari & Khan, 2012). Other countries where momentum profits were found include Pakistan (Habib-Ur-Rahman & Mohsin,…

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    ABSTRACT India with the Population of around 1.31 billion is the second largest market in the world in terms of customer after China. With many well-established domestic and international market players giving an intense competition to each other in the FMCG space for supremacy, Patanjali Ayurveda has not only survived but has also rose among the ranks of competition with the help of various qualities such as innovation, alternate marketing techniques and with a goal of providing good quality…

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    continuing de facto control over the use of these and, or complementary indigenous resources.” 1.2. Internationalisation Strategy Globalization is defined as '' one in which standardised products are offered across country markets and the competitive strategy is dictated by the firm's country of origin.'' (Ghoshal, S., 1987) Nickson, D (1998) mention that not only…

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    On January 7, 2018, television personality Oprah Winfrey won the Cecil B. DeMille honorary Golden Globe for her contributions to the entertainment industry. Oprah became the first African American woman to win in the award’s sixty-six-year history. Past winners include Judy Garland, the first woman to be awarded, and Sidney Poitier, an inspiration to Oprah (Hollywood 1-10). While Oprah’s win made history that night, her acceptance speech will also go down in history. The entire night was filled…

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    1. What are two major advantages of globalization? (2 points) The two major advantages of globalization are maximizing technological advantages and accessing the global market. First, companies that depend on technology can use it to enhance their products. An example is Netflix which is able to improve its product portfolio due to technology. Second, companies are no longer limited to domestic markets as they can access the global market. For instance, Netflix is one of the fastest-moving and…

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    Transport is a crucial driver of economic growth, poverty reduction and achievement of the millennium goals (MDG) in developing countries. The transport sector plays a significant role in economic growth at the sub-national, national, regional and global levels. Transport is indispensable for the well-functioning of and development of economic activities, for the production and distribution of goods and services as well as for trade [1]. Road transport plays a very important role in the economy…

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    international trade. Globalization process has been in existence for many years now and it can date back to several years ago when Kenya was taking part in trade with other countries like in the case of the coastal trade. The process has got many effects on the Kenyan culture, environment, economy and political systems. Kenya like other countries around the globe that can never exist on their own needs mutual assistance and co-operation between other various nations. Here are the…

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    demoralised them from taking global steps (Macpherson & Holt, 2007). These days international expansion reaps more benefit for companies compared to earlier days. Eastern European and Asian countries are newly emerging markets for such businesses as the market development is in its infancy stage in these countries. These new markets involve risks and demands thorough planning before venturing. Compared to saturated Western markets, these emerging markets promise better opportunities and huge…

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