What processes define Globalisation How do they impinge on sport Essay

What processes define Globalisation How do they impinge on sport Illustrate your answer with examples - Essay Example f of the contemporary era, many renowned economists emphatically state that, strictly going by the basic definition of the term (globalization), it is not a phenomenon that got underway only in the recent past. They state in no uncertain terms that globalization is a process that got initiated as early as many centuries ago, when commercial interactions amongst members of diverse societies of the globe commenced. Having said that, the above-mentioned economists do concede, it is an irrefutable fact that globalization has been spreading across the planet more swiftly over the past two decades, attributable primarily to the phenomenal surge in information technology. â€Å"In its most innocuous sense, globalization simply refers to the complex of forces that trend toward a single world society. Among these forces are mass communications, commerce, increased ease of travel, the internet, popular culture, and the increasingly widespread use of English as an international language† (1) (Progressiveliving.org, ND). â€Å"The more important sense of the term refers to a process, well underway, which trends toward the undermining of national sovereignty, and therefore citizens rights, in favor of the economic interests of gigantic transnational corporations (TNCs). The latter already comprise more than half of the largest "economies" of the world, and are vastly more powerful than most governments.† (1) (Progressiveliving.org, ND). The above definitions are highly relevant to contemporary times, as the hitherto challenging criteria of time and space have now ceased to be hindrances in interactions between people dwelling in different parts of the globe. That is attributable predominantly to the technological revolution that the globe has been witnessing over the past three decades. Also, the first of the aforesaid definitions has included even the element of culture while speaking about integration of mankind. In fact, the rapidly progressing process of globalization has

Concerns Regarding Both the Understanding and the Use of Culture Essay

Concerns Regarding Both the Understanding and the Use of Culture - Essay Example This research will begin with the statement that the world economy has grown in recent years. International trade has been the motivating force behind it. But with the more recent technological developments as well as reduced trade blockades, growth in trade is definitely on the rise. Developing countries have also stepped on this bandwagon, extracting the best out of their own respective economies through trade internationally as well as locally - within the country. The integration of trade into the world economy has really proved helpful for the developing countries as they can promote economic growth, development as well as poverty reduction within themselves. Further, the companies which are ready to use upgrade their human resources regimes are thus the ones who have found success in all relevant quarters of their business. With this necessary incorporation, they have been able to look at the ethical side of things as well since the moral grounds have been set in a proper manne r and there are as such no apprehensions to state the least in the present times. A business can move from a position of stability to one of a complete unstable stance as it acquires different means of gathering the market and its driving factors that come along with it. The firm has to change its position with the changing times otherwise it will literally vanish away from its competitors and more so the customers, for which it actually exists.