M3D2 Assignment: Personal Experience of Globalization
Personal Experience of Globalization
This activity will enable you to •Provide a variety of perspectives on the different dimensions and complexity of globalization.
Before beginning the discussion, please
•Read the report on Main features and experiences of globalization
http://globalizace(dot)ecn(dot)cz/texty/osn_2.html
•View the following video:
Globalization or Americanization [Video file][52 min 49 sec]
https://www(dot)youtube(dot)com/watch?v=ae9o8-lL68Y&feature=relmfu
Then, answer the following questions:
•What does the story of Nike teach us about global commodity chains, and who benefits the most from such chains?
•Provide another example besides Nike about the exploitation of cheap labor and resources in Third World countries by multinational corporations.
Personal Experience of Globalization
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Instructor:
Date:
Personal Experience of Globalization
The global commodity chain brings in several players from the manufacturers to the consumers. There are many players in between encompassing the distributors and labor provision that will bring in the development to its full measure. Nike manufacturers sporting clothes and related products. It has gathered efficiency through the management and efficient production system and mistreatment of the less privileged in the economy. The primary beneficiary is the manufacturer having a vast experience because of their base in a developed country (Wisley, M., & Scott, n.d). Their system is elaborate and enables them to move with swiftly to capture talent, expertise and development records. They have taken advantage of the cheap economies of trade like labor and used them for their development.
Around the globe, several companies are mentioned to be using their resources t...
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