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Main » 2012 » September » 26
 
Globalisation and Global Financial Crises
 
Speech by Ken Waller Director, Australian APEC Study Centre and the
Melbourne APEC Study Centre at RMIT University
 
 
Globalisation has been a characteristic of human affairs for at least two and half thousand years, and probably much longer. Alexander the Great (356-323 BC) was an early and successful exponent of expanding influence, culture and economic power beyond Macedonia to Syria, Egypt, Mesopotamia, Persia. His troops limited his desire to the reach "the ends of
the world and the Great Outer Sea” when they objected to his further exploits into India.
Views: 943 | Added by: Tefeta | Date: 2012-09-26 | Comments (1)

Impact of Globalization on Small Businesses

The following is a classic story, often used by socialists to highlight the "evils of a capitalist society” – the small town grocer gets mercilessly taken out by the new Wal-Mart in town. The small town grocer may have an established customer base and friendly relations with the community, but it simply can’t match the low prices offered by Wal-Mart. Being a large national company, Wal-Mart has the sprawling global resources and is willing to sacrifice margins to take out local competitors. In the end, customer loyalty means nothing and the grocer goes bankrupt, decades of hard work de ... Read more »

Views: 1194 | Added by: Tefeta | Date: 2012-09-26 | Comments (0)

Tibebu Tefeta (MBA)
Tibebu Tefeta - Business Consultant
 
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