Friday, September 6, 2019
Morality and Competitor Essay Example for Free
Morality and Competitor Essay No doubt, Money is an essential, almost indispensable article in the present day world. It is theââ¬â¢ moneyââ¬â¢ through which we can purchase all the necessary comforts and amenities of life. If you have money, you can obtain what seems impossible to others. It is the money which gives man, confidence, creditworthiness, credentials, capacity, capabilities and courage. In present day materialistic world, money has become very powerful. In the present day corruption, cut throat competition, callous degradation of moral and ethical values, are for the sake of grabbing and accumulating more and more money. The prestige, respect, social status, commanded by a person is calculated per his monetary status. Time has gone, when we valued a person in evaluated of his moral and ethical values. People were earlier known for keeping their words, for donating every thing to a donee. Now people are know in terms of their ranking in the list of rich of the world. Money has become the centre of all activities. Money and muscle power have become essential ingredients of a successful political leader. Money is regarded as omnipotent by a few people, particularly by the poor. As whatever one does not possess, one aspires it badly, and it becomes mono aim of achievement. For the rich, that owe lots of money, still craving to earn more and more, by hook or by crook, with fair or foul means, without caring even for their own health, own family. They are the servants of money, earning money not for the sake of themselves but for the sake of money and a time comes they find themselves unable to use the money for their happiness. They are unable to eat, unable to taste the most delicious dish, unable to move, walk or enjoy because they suffer from many diseases which are the result of their undue craving for wealth at the cost of health. Can one purchase anything with the power of money? No, one cannot. You cannot purchase inner satisfaction with money, you cannot purchase the lost youthfulness with money, you cannot purchase time from the death at any cost. Those who earn money simply to a have more money, more balance in their accounts are no better than the proverbial miser king ââ¬ËMidasââ¬â¢. Excessive love for money, make a man slave of money. Money is important for our life, but it is not the most important thing for a human being. Those who use money for fulfilling their necessities, acquiring reasonable comforts and for the welfare of a common good, are the masters of money. But those who earn money just for the sake of increasing its volume and number are slaves of the money. They are the most unfortunate creatures of God who know well that whatever money they are earning, canââ¬â¢t be taken an iota of that when they die even they are minting more and more money. What a paradox Money has become their master and they are just slaves, having no peace of mind, no moral and ethical values, no inner satisfaction. So it is rightly said that money is a good servant but a bad master. Let us use the money for our comfort, not for the sake of money, minting more and more money.
Thursday, September 5, 2019
Impact Of Dlf Ipl On Two Economies Tourism Essay
Impact Of Dlf Ipl On Two Economies Tourism Essay There exists no such event whose effects can be annulled in any way. No event takes place in an isolated way, defeating the very purpose of the event. The event has direct or indirect influence on every aspect of our lives and these include social, cultural, economic, environmental or political aspects (Allen et al., 2002). The payback from an event is enormous. A lot of constructive and encouraging associations are formed during the event. This is one of the most important reasons for the attractiveness and fame of an event (Bowdin et al., 2006). It is inevitable to measure the various impacts of an event, thus ensuring the proper monitoring, control and evaluation. Recent literatures have revealed an interesting fact, that the methods used to measure the event, and also the aspects measured differ significantly (Wood, E.H., 2005). Primarily, constructive social, cultural as well as economic impacts are normally recognized to be the probable advantage to event hosts (Veres et al., 2 008). It is obvious for the hosts to have an inclination towards giving more importance to the economic impact, highly influenced by the tourism research. Economic advantages of an event are very vital to the host. Hence it is very imperative to have good frameworks for the measurement of this aspect. However, an accepted fact is that economic benefits are not the only advantage which comes with an event. Various elusive benefits have to also be measured to know how successful an event has been (Bowdin et al., 2006); Jones (2001) suggests that even if the former unconstructive effects are included having a limelight merely on straight expenses payback will still give an unfinished image. However, it is also to keep in mind that events can sometimes have negative and unplanned consequences and these penalties can lead to the event having both media and public attention for the wrong reasons (Allen et al., 2002). This has to be kept in mind during the planning and execution of the eve nt. The power of media in deciding how an event is shown is formidable. The media can have a strong social and culturalà impactà upon society. Thus the media can influence how the event is professed, and also how it is shown to remote audiences (Getz, D., 2007). Events can basically have two kinds of outcomes i.e., positive and negative impact on the host communities and stakeholders (Allen et al., 2002). Event failures can be very devastating, bringing in negative publicity, humiliation and expensive lawsuits (Bowdin et al., 2006). Hence a lot of importance is placed on the financial impacts of an event. Factors leading to this are that both the employers and government need to meet budget goals, deadlines, and also be ready with explanations for the expenditures and an important factor is that financial impacts can be easily measured (Allen et al., 2002). Getz, D. (2002) suggests fours main costs and benefits that have to be evaluated: tangible benefits, tangible costs, intang ible benefits and intangible costs. Also the methods of measurement or assessment used vary with the impacts to be measured or assessed. To calculate the overall impact of the event, social and cultural benefits cannot be left out. However, rather than following a statistical approach calculating them may require a narrative approach (Bowdin et al., 2006). The impact of an event is sometimes calculated well before the event actually takes place. This is because in many scenarios, after the event policy focus shifts elsewhere (Jones, 2001). Long-term effects of an event are very crucial. No matter the event being attended or not by the local community, the effects will be felt by them (Ritchie and Smith, 1991). The host society can be provided with a policy for putting forward their knowledge, hosting probable shareholders and endorsing new business opening by the event (Bowdin et al., 2006). These events can create possible employment opportunities during the construction phase (All en et al., 2002). One of the most important impacts of a mega-event is on the tourism industry which would bring in lot of visitors to a particular place which has never been a tour destination before (Getz, D., 2006). This paper focuses on the various impacts of DLF IPL on the South African community and how it has contributed towards the Indian economy. It also discusses the various advantages and disadvantages that are involved with DLF IPL. OVERVIEW OF DLF IPL The DLF IPL is organised by the well established event management organisation IMG WORLD, LONDON. The Indian Premier League (IPL) has been produced by the joint venture between IMG and the Board of Control for Cricket in India (BCCI). For the IPL IMG explored the most favourable fair as well as mercantile model and a huge amount of $724m were raised by carrying out the notable authorization sale procedure (IMG World, 2009). In India, IPL is one of the most economically victorious sports idea ever initiated. The IPL is played according to the most up-to-date cricket layout which is Twenty20; this decreases match playing time to three hours, and thus makes it ideal for major time television as well as live in-stadia spectators. The television production and distribution rights, franchise rights, event and venue management and sponsorship sales for the IPL is handled by the IMG. The shifting of the venue to South Africa in the year 2009 was taken care by IMG. IMPACT ON INDIAN ECONOMY DUE TO IPL SWITCH TO SOUTH AFRICA All the businesses in India right from the road trader to the publicity organizations holding millions of dollars of shares are faced financial crisis because of the shift of IPL from India to South Africa due to security reasons as the IPL dates conflicted with the general election dates in India. The market analysts sensed that this sudden move from India to South Africa has grinded down from the Indian marker an ample amount, adding up to the already existing despair of global financial slump. Last year the IPL had contributed up to 1 billion rupees to the Indian economy, but due to the shift to South Africa which involved a lot of additional expenditure the BCCI did not incur a lot of income. The media houses in India did undergo a major income loss, which was estimated to be from 500 million to 700 million rupees. The estimated loss when it came to the gate receipts was 500 million rupees. The hospitality industry as well as tourism industry had a major impact. But there was an advantage tagged to this shift as well which was that IPL is now seen by people as a tournament with international value. OVERALL IMPACT OF DLF IPL ON THE SOUTH AFRICAN COMMUNITY According to Getz (2007) all events have a direct social and cultural impact on their participants, and sometime on their wider host communities. But, some events leave a legacy of greater awareness and participation in sporting and cultural activities (Bowdin et al., 2006). The Indian Premier League (IPL) has contributed a lot towards the education in South Africa (The Hindustan Times, 2009). According to Getz (2007) the financial profits are gained when the particular event can pull in extra income for the community benefits which is either in the form of endowments or funding. As stated by Fakir Hassen (2009) Lalit Modi, who is the man behind IPL proclaimed a scholarship of over eight million and this was one of the best programme towards community development in South Africa by a sports oriented organisation. This money given towards education benefits (Torkildsen, G., 2005) has also helped in the initiation of Help Educate and Teach (HEAT) programme that was commenced at the Ale xander Sinton High School in the suburb of Athlone. The schools and individual learners will be benefited by this programme. Lalit Modi stated that any attempt towards development and strengthening of individuals as well as nation always remains as a soul of superior education. He also stated that India has emerged as a successful nation because of its strong education basis: This emphasis on education is now paying off many times over as India has grown into an economic powerhouse far better equipped to lift people out of poverty(The Hindustan Times, 2009). The investment of DLF IPL in the in the education of South African community targets towards a prospect return (Getz, D., 2007) and cautious analyses of this is vital. According to one of the strategies set out by Bowdin et al. (2006) i.e., Local area strategy; the DLF IPL created a carnival atmosphere by celebrating cultures of the South African community which in turn led to the enhancement of community unity. According to the report by the Hindustan Times 32 schools have benefited from the HEAT programme. For the learners who attended the DLF IPL matches, with the cooperation of the producers of the television five learners were recognized at individual matches and their faces were displayed on the monitors in the stadium. Each one of these received 15,000 rands as part of their school fee. Cricket South Africa (CSA) chief Gerald Majola stated that the IPL model could be used to make this game a global sport event and this in turn would help other set-ups take a great leap as well. The benefits gained economically were considerable. During this period of economic crisis the IPL has built a strong base for the South Africas tourist industry (Bowdin et al., 2006) and also proved to set out to the world that it is capable of hosting the FIFA 2010. According to Allen et al.(2002) other than the expenses of the event the people who came for the event put in their money on tour, lodgings, and other services in South Africa and there was a increase in hotel room bookings by 40,000 which otherwise is normally very low during winter season in South Africa. The South Africa government is majorly focusing on tourism sector as an upcoming industry that is competent of increasing the economic benefits and employment opportunities (Bowdin et al., 2006). In addition to the tourism pro duced throughout this event, IPL has also involved a lot of media reporting (Allen et al., 2002) and due to this the South African community profile has gained importance (Getz, D., 2006). The IPL has not only boosted the confidence of the youthful South African cricket players but has also provided with an opportunity to take part in a sporting event that is recognized worldwide (The Business Standard, 2009). It is still sometimes argued by event boosters that mega events generate benefit from the legacy of infrastructure and venues, but this assertion can easily be wrong (Getz, D., 2007), because the basic purpose of IPL is very fruitful considering the fact that it brings the cricket stars worldwide who are against each other on nationalized defences into single squad (The Business Standard, 2009). This event has created a long lasting bond between the two countries (India and South Africa). Hosting the IPL in South Africa has not only made IPL a global brand, but has also brough t billions of income to the South African economy. SWOT ANALYSIS OF DLF IPL Based on the details in Indian Premier League (2009) the following have been identified to be the: STRENGTHS OF IPL: The Indian Premier League (IPL) follows the Twenty20 format of cricket. This is the shortest version of the game, thereby finishing within two and half hours of game play. Unlike the One day format, which takes a full day to complete, or the Test format spanning five days of play, the Twenty20 is fast-paced and electrifying. Thus pulling in a large crowd to watch the game even on weekdays. Also the IPL has employed people who can really market goods well. These highly trained economists maximize the revenue with their very clean and methodological approaches. This makes IPL an integrated sport. Further each team has players from different countries. This causes a wide range of support of different communities to a single team, thus making cricket globally accepted. The supremacy of the BCCI in the control of ICC has a lot of benefits to DLF IPL. The financial backing from BCCI and also the power to manipulate the dates of international cricket matches favours the IPL. WEAKNESS OF IPL The pace at which people lead their lives now, they hardly have time to lavishly spend on watching a sport. Since IPL has satisfied this need of theirs, people are happier to watch the twenty20 format. Lots of talk has been going on about the status of other formats of the game and how to revive it. But the truth is, IPL has damaged the image of One day cricket and Test cricket. Further, a lot of money is involved in the IPL. Failure of a team can hurt the managements financial position a lot. Teams also spend a lot on advertisement, cost of players, brand promotion. Hence sponsorship is hard to find for their overpriced rates. A team doing well will fare well. If not tough times lie ahead. OPPORTUNITIES OF IPL IPL has a budding fan following. Since it is striking and very attractive, a lot of potential sponsors and advertisers are willing to invest a lot in this event. The IPL has eight leagues. Each being responsible for itself in every sense. Every franchise has to market its team well and get a large fan following behind their team. This in the long term will generate a lot of revenue for them. There is a nice opening for teams to sell their brand name in forms of shirts, accessories and other memorabilia. Another important and vital opportunity for IPL is to target the teenagers. The older people will naturally have a stronger inclination to the traditional form of cricket. But the youth today will like this thrilling and breathtaking format. Each franchise will continue to pay the same fees till 2017-2018. Hence the teams need not worry about inflation, which has been a drawback in India for the past few years. THREATS OF IPL If the top players in world cricket cant be brought into IPL teams, it will lose its popularity. Further, the domestic season in Australia runs concurrent with IPL. If the Australian players are not allowed to choose IPL instead of their local teams, a lot of fan following will be lost.
Wednesday, September 4, 2019
Sons and Lovers Essay -- essays research papers
In the novel, Sons and Lovers, by D.H. Lawrence, the protagonist, Paul Morel, represented the epitome of the phrase ââ¬Å"mamaââ¬â¢s boy.â⬠Mrs. Morel was very demanding, and smothered Paul to the point where he felt it was wrong to love anyone else but her. Paulââ¬â¢s disturbing infatuation with his mother became an obstacle in what could have blossomed into successful relationships with two very important women in his life, Miriam and Clara. In Chapter 7, Paul shows a yearning for some connection beyond what he shares with his mother. In his free time, Paul is a painter, and he still needs his mother to do his best work, as he tells her. But Miriam allows him to take his work to another level. She makes him feel an intensity he has never before experienced. Miriam seems to have a sense of this connection. She was probably Paulââ¬â¢s most suited candidate as his wife. He knew her and her family for years, talked and visited her frequently, and eventually fell for her. He could not love Miriam completely because his mother did not approve of her. The connection between Paul and Miriam may be one reason that Mrs. Morel dislikes Miriam. "She could feel Paul being drawn away by the girl"(168). She seems to view Miriam as direct competition for her son's love and attention. Mrs. Morel felt that Miriam was the type of woman who would suck the soul out of a man. Sheââ¬â¢s not like an ordinary woman, who can leave me my share of him. She wants to absorb him. She wants to draw him out and absor...
Tuesday, September 3, 2019
sport marketing :: essays research papers
Sport Marketing The notion of "marketing myopia" has haunted marketers since Theodore Levitt published his famous article "Marketing Myopia" in Harvard Business Review in 1960. Levitt argues that companies which narrowly focus on the product to the detriment of customer requirements (i.e., dispensing with the marketing concept) suffer from marketing myopia. Myopia or shortsightedness is often apparent within organizations. Several types of marketing myopia can be identified including classic myopia, competitive myopia and efficiency myopia. Companies displaying one of these three elements are clearly distinguishable from innovative firms which embrace the marketing concept in practice and which have a much broader scope than is required for a single business sector. In order to overcome myopia and become innovative, the following is recommended:  Companies should hold a generic view of themselves and of the industry in which they operate  Companies should also take the crucial step to monitor other industries  Benchmarking should be conducted  Marketing staff should be recruited but not necessarily from the same sector  Companies should be flexible and seek unique solutions. The biggest reason for market myopia is the lack of research or the inefficiency of that research. Almost all of the myopia could be avoided if research and the researchers were trained and the thought process was developed in a good fashion. All of marketing whether it is in sports or out of sports all revolves around the same basic principles the four Pââ¬â¢s. In all of marketing the Pââ¬â¢s are: Product, Price, Place and Promotion, however in sport there is an added principle and that is Public relations. Even the best marketers can come up short according to these principles because it does not matter how much you know but rather in a service business such as sport it most important to be able to interact with the consumers. A great example of a lack of interaction is here at Merrimack College. Our sport programs do not get enough marketing coverage both on and off campus. Our Sports Information Director does not place flyers in the student union and also he does not advertise on the college television channel. Here at Merrimack, they lack the Promotion aspect of their sports, which includes our division one hockey program. A great example of this lack of communication was the fact that when the hockey team was playing against then #1 Maine, the campus was not informed of this huge game.
Monday, September 2, 2019
Genitourinary Disorder Alteration in Fluid Elimination UTI Essay
Genitourinary Disorder Alteration in Fluid Elimination UTI Introduction Urinary Tract Infection (UTI) is a bacterial infection that affects the various parts of the urinary system such as the urethra, bladder, ureters, and kidneys. In young children, this disease is common and potentially serious. Statistics show that approximately 1% of boys and 3-5% of girls are affected by UTI. While most cases of UTI in boys usually occur within the first year, the age at which the first case of UTI is diagnosed in girls varies greatly. There are many factors that predispose young children to UTI including vesicoureteral reflux (VUR), incomplete emptying of the bladder, sexual abuse, pinworms, and fecal incompetence (Berreman, 2002). Correct diagnosis of UTI is paramount in order to avoid prescribing the wrong medication. In addition, correct diagnosis is critical in developing effective management and care plans for the patient which would go a long way in improving patient outcomes. During diagnosis, various diagnostic methods are used and the patientââ¬â¢s medical history as well as signs and symptoms ought to be a central focus by the clinician. This is important because as opposed to the more clear symptoms in older children and adults, UTI symptoms tend to be less specific and thus hard to detect in young children and infants. In fact, fever may turn out to be the only sign pointing to the possible presence of UTI in infants. In this case study, a case of UTI in a four month old female is examined with a special focus on the medical history, signs and symptoms, diagnosis, etiology, treatment, and management and care of the patient. Medical history and physical assessment of the patient A female infant aged 4 months presents with chi... ...t should be taken. If they appear nontoxic, oral antibiotics and fluids can be used for treatment. However, for patients who appear toxic, parenteral antibiotics and intravenous fluids should be aggressively administered. Most patients with uncomplicated UTI respond well antibiotic treatments in outpatient care without further problems. However, patients with severe or chronic infections require close follow-up, imaging, and appropriate treatment to prevent further sequelae in the long term. If a patientââ¬â¢s condition responds well to therapy, repeated urinalysis and urine cultures are not necessary. Before choosing a particular empiric therapy, clinicians should be aware of antibiotic resistance due to previous exposure of some uropathogens to antibiotics such as in cases of otitis media (Fisher, Pediatric Urinary Tract Infection Treatment & Management, 2011).
Sunday, September 1, 2019
Nivea (1911)
Nivea (1911) is a worldwide body-skin care well known brand. A German company named Beiersdorf, which is founded on 1882, owns it. Nivea is a Latin word (niveus/nivea/niveum), which means ââ¬Å"Snow Whiteâ⬠[1]. The most important aims of Beiersdorf is to have its products as close as possible to its consumers and understand them in its many different markets and satisfy them with skin-body beauty care advanced products [1]. In return, Beiersdorf is gaining the trust and appeal from its customers. Case synopsis: Beiersdorf is one of the companies that seeks continuous and regular market development. Market can be developed by finding the gap (need) in the market and trying to fill the gap by developing a new product (satisfying the need through market-oriented approach), or through product-oriented approach by creating good quality product and introduce it to the market. Beiersdorf market research have identified a market gap which led to NIVEA VISAGE young (product) introduction in 2005 to the market in order to fill the this gap (market-oriented approach). After developing a balanced and effective marketing mix the company re-introduced the NIVEA VISAGE young range in 2007 where the product had new formula, new design, new packaging, and new name. Statement of the problem: Beiersdorf market research have identified a market gap which led to NIVEA VISAGE young (product) introduction to the market in order to fill this gap (market-oriented approach) [2]. The company needed to develop a balanced and effective marketing mix (product, price, place, promotion) in order to well suit the product, target market, and to meet its own objectives. Causes of the problem: Beiersdorf wanted to develop a balanced marketing mix (product, price, place, promotion) specifically for further optimizing of the company position in the market. Each marketing mix variable have been addressed carefully to achieve the company goals and targets. Case analysis: Beiersdorf did a market research in order to understand the market and to build effective marketing mix by identifying the target market segments. The research plan was to gather information using different research approaches and instruments such as listening directly to the consumers through focus groups, and experimental product testing. Findings were impressive and led to significant changes into the product, product price, place, and promotions. Findings of the research regarding the product showed the company the way to satisfy a significant segment. The research showed that younger costumers (age group of 13 ââ¬â 19 years old) desires more dedicated face care product that offers a ââ¬Ëbeautifyingââ¬â¢ benefit, instead of a solution to skin problems [1]. Competitors available product at that time mostly concentrates on skin problems solution rather than normal face care products. Using experimental research approach, the final product improved and changes included: * The product made far more effective and consumer friendly * The formula used for some products has been changed and natural substances have been employed * New products introduced to the market * Attractive product pack design targeting young women group used * Larger pack size introduced with new product description. Each of these product improvements has its own purpose weather to attract the young women segment, Show the company commitment toward the environment, or strengthen the product range, to better meet the needs of the market. Pricing of the any new product has to provide value for money in the market and to be attractive for the targeted segment customers to buy. Several pricing strategies firms can use such as cost based pricing (the price cover the cost or include some profit), Penetration price (initial low price ), and price skimming ( premium price ââ¬Ëfirst to buyââ¬â¢ customers). NIVEA VISAGE young re-introduced with a higher price than the previous edition of the product. However, this illustrated value for money were new natural formulation has been used, packaging and extended product range [2]. Nivea also took into consideration when pricing the product the targeted segment were young girls are targeted the product is bought by their mums. Which explains the reasonable and balanced pricing between the features the product offers, benefits of the product, and how much do is it cost. Nivea was the price leader effectively of this market segment were it sets the price level that competitors will follow or undercut by ensuring competitive price. Beiersdorf didnââ¬â¢t forget study regarding the place element of the marketing mix. Place often refers to distribution strategy, place where the product will be sold. One of the important aims of Beiersdorf is reaching to their targeted customers regardless of their locations. As a result, the company used different channels to reach their customers such as retail outlets where 65% of the product selling from the targeted customers occurs, and large grocery chains where the other 35% sales comes from [1]. Smaller retailers can be reached through a wholesalers and online selling of the product through a retailer where the costs of producing small orders will be high for the company. The promotion key of the marketing mix was so important to communicate with the targeted segment customer about the product availability and persuading them to buy the product [2]. Two main types of promotions are there, above-the-line (TV and newspaper advertisements) and below-the-line (events, Direct mails, PR, branding, and sales promotions). Nivea was a consumer-led in the NIVEA VISAGE young promotion where the strategy reflected the lifestyle of the targeted segment audiences and the range of the available media. Nivea used below-the-line strategy in their promotion campaign. The main part of the promotion was letting the customers to experience and test the products through distribution of the product samples. In addition, Interactive online magazine was launched and named FUN, YOUNG, & INDEPENDENT (FYI) to give the targeted customers of the young girls the confidence to become young women act independently. Also, social networks havenââ¬â¢t been forgotten, where NIVEA VISAGE young pages were available on MySpace and Facebook to reach as much as possible targeted audiences. Alternative recommendations: Based on the research of the market carried out by the Beiersdorf, set of recommendations might be useful suggested: * Differentiate the product specifications and names according to the age group. 3 years old girls would love to have a product named on her favorite cartoon character, which will attract her to ask about the product or buy it. * Providing a completing set of tools with product or at least one tool such as a mirror as a promotion * Sending people to houses to introduce the product * Using above-the-line promotions such as TV and yellow pages ads. * Provide a seasonal produc t where in summer provide a product edition with a lime or mint fleshing smell.
Globalization â⬠Has Globalization Made The World More Or Less Secure Essay
The world is evolving and in the last few decades, some of the major changes have taken place in the world. Out of the many changes, one of the major transformations that have taken place is what is referred to as globalization. Globalization has taken over the world by storm and reduced large distances; it has resulted in many changes in the last decade and has been supported and promoted by the advent of technology. The world has turned into a global village which is so small that distances no longer carry much importance. Globalization is not a single concept but one which has various aspects like technological, economical, cultural and social and each one of its dimension has a broad scope. Since, the world is now interconnected because of globalization, this has facilitated and created opportunities in different aspects, but has also resulted in increased competition and many insecurities. In this essay, we first discuss globalization and explain what it is, discuss briefly some of its drivers, then discuss some of the non state actors and the impact of globalization on the world in terms of security. Globalization Globalization can be defined in various ways. It is the process where extension of connections takes place on a global basis, creating a social connection of life at a global level and resulting in the fusion of global societies. The term is comprised of different large processes; the definitions thus also vary according to what is emphasized in the description. With respect to the true meaning of the word, there is difference in opinion as to what it actually refers to as it may indicate actual processes as they take place in life, thoughts which validate the course of action or simply the manner in which people form perception of these processes. Globalization is thus understood through the different definitions that exist and each of these definitions articulate diverse considerations of global change brought about by the phenomenon of globalization (Lechner, 1, 2001). Globalization generally is considered to be a procedure that increases the interconnectedness and inter reliance amongst the business and markets of the world (INVESTOR 2008). Thus, globalization results in bringing the markets and businesses of the world closely linked to each other, but the term is not limited to just an economical dimension, therefore, it would be more appropriate to inculcate in it the aspects of politics, social, culture and ethics. Globalization may also be considered as a practice of a social nature where the diminution of the limitations of geography on provisions of cultural and social nature occurs and people are more conscious over time of the fact that limitations are diminishing (Waters, 9, 1995). Drivers of globalization Globalization has been driven by a number of factors which have broadened its scope even more. The increased pressure on costs causes companies to move their resources to such places where they are more cheaply available. Many products have reached a certain level of market saturation in their respective markets, therefore, giving rise to the need to search for new markets. Customers have become more savvy and quality conscious which has resulted in globally increased demands that have to be met. Governments at different places have introduced policies to promote globalization such as levied taxed and allowing open markets. There is development in technology every other day and many of these technological changes facilitate globalization (Briscoe & Schuler, 14-15, 2004). There are a number of trading blocs existing in different regions that place different rules for trading among countries and pave way for open trade amongst them. The advent of internet has resulted in world wide communication and flow of information which makes information available at fingertips to be accessed at any time. The different cultures are more closely integrated and boundaries have become blurred because of global communication and availability of different products and services like music, food, clothing etc. the workforce is now more educated across the world and thus is able to meet the demands of globalization. Trade barriers have decreased and markets have become more open resulting in increased competition and thus searching for opportunities in overseas market to keep up with the competition. Finally, E-commerce makes a business global, the very moment it hosts its website online, making it available to customers across the globe (Briscoe & Schuler, 14-15, 2004). The major contribution to globalization has been made by technological advances which have paced up the process considerably in the last two decades, thus, facilitating traveling, communicating and conducting business on an international level. Amongst the many drivers of globalization, two major ones are advancement in telecommunication infrastructure and internet, which are a result of technological development (INVESTOR, 1, 2008). Non state actors Governments have a vital role to play in the process of globalization, they should be able to plan and implement vital policies and negotiate important international bodies for expressing the views of their nations and obtain benefits by stressing their national interests. Though the states are important but there are different non state actors, among them are organizations which support globalization. Among these, World Economic Forum and World Trade Organization are the two most prominent ones. The World Economic Forum lacks the authority to make decisions yet it has great influence and high importance. This foundation has played its part in providing a forum for the networking needs of governments, business and non-profit leaders on a global level. On the other hand, The World Trade Organization is an entity which was created with the objective of defining rules that will oversee global trade and capital flows by taking consent of its members and make sure that the established rules are adhered to by supervising the concerned acts of the member countries (INVESTOR, 1, 2008). The formation of WTO was meant to revolutionalize the scope of issues related to global trade and to assure the conformity of to its principles of international trade and settle conflicting disputes of the concerned domain by its dispute-settlement mechanisms (UN, 1, 2000). Another important non state actor is the UN which has a vital role to perform in globalization on the basis of its multilateral system, which is necessary for working globally as there is a need for cop operation with each other across the globe. The multilateral system is important for the making of international policies that reflect shared values within the boundaries of law (WC, 1, 2004). But the UN has delegated its power of dealing with social and economic subjects to WTO, WB and IMF. The WTO has such approach that often leaves out developing countries in the decision-making. The decision making policy of the UN need to have more participation from the developing matters at least in the issues pertaining to them so that they may efficiently serve the needs of such nations. The economic and social powers that were shifted to other bodies are over burdening these bodies and resulting in inefficient mechanisms, therefore, these powers should be brought back with the UN but with proper policies and rules that may benefit all nations (Khor, 1, 2000). Implications of globalization Globalization is now a common feature of the world economy but it is not accepted by everyone with open arms. Though globalization results in opportunities and competition for everyone across the globe and provision of opportunities is good and if viewed positively, even competition is good as it results in more efficient production. But on the other hand, globalization cause deprivation for specific groups of people who do not have sufficient resources to cope with it. Consequently, in the increasing pressure of competition brought about by the inter-connection of their economies with the rest of the globe, these people are incapable of functioning efficiently and thus stand at a disadvantage (INVESTOR, 1, 2008). Globalization requires economic, social and political adjustments for people of different societies, areas or regions to accept and characterize their culture with an aim to integrate it with that of the rest of the world. It endorses global integration significantly and asks for elimination of existing barriers between different cultures. Those who support the process justify this kind of integration by resembling it with that of the significant technological information devices like satellites and computers. The critics argue that the proposed integration of cultural is in fact aimed at cultural invasion and will result in the degeneration of cultural identity and its spirit whereas those who support it deem the declining of cultural boundaries as an ample indicator of improved communication processes, combination of societies and a signal of capacity aimed at amalgamation of civilizations. There is evidence of how the global socioeconomic forces belonging to the industrialized West have invaded these poorer countries and may eventually cause them to lose the characteristics of their religion and society. It is observable that the means which assisted in bringing cultures nearer to each other may also have caused the exhaustion of many of these global cultures (Moussalli, 1, 2003). An overlook of the governance of globalization shows that it is dictated by strong players and countries, proper rules and institutions to regulate the different aspects like trade or finance are lacking and poor people and countries stand at a clear disadvantage as they are unable to reap the benefits of the phenomenon (WC, 1, 2004). Globalization has not helped in equitable development as there is an increase in disparities and poverty. Politically, even though the national boundaries are growing blurred but upon closer observation, we get to know that it is not a result of the free choice of people but a model imposed by stronger powers (Sabourin et al. , 56, 2000). The focus of globalization has stayed on the aspect of economy and business for a long time but it is about time to realize its effects on the personal and professional life of people. Although problems like poverty, human rights violation, unemployment were present even before globalization took over but these have been fuelled by globalization along with added disadvantage of social exclusion for many poor nations of the world. Deduction from many of the studies related to globalization shows that it is someway responsible for the growing inequality as the poor usually do not get to derive their share of the benefits offered by the phenomenon; among such nations, the developing countries are most affected. But there are also studies that suggest the benefits availed by the poor from globalization when facilities are provided to the poor like credit access, technical know-how, social safety nets as income support and well targeted food aid (Nesvisky, 1, n. d. ). With respect to employment, we see that there has been a decline in labor intensive jobs which has consequently led to lower demand of unskilled labor and resulted in lower earnings for this group as compared to the skilled group of workers. Another phenomenon is that low-skilled jobs are moved over to countries which offer labor at lower wages; this results in low demand for low-skilled workers. Liberalization of economy is of great concern to the developing countries, which have a motive to derive benefits from increasing trade and investment flows, yet they yield increased unemployment and inequality (Lee, 1, 1996). The phenomenon of child labor is deeply interwoven within the context of the societies or households where it exists, it was present even before globalization in the developing countries and it is in these countries that the practice has increased even more because of globalization. In the developing countries, mainly those of the poor and consequently the pressure and need for working for women and children has increased and in certain cases become vital for survival. Due to inflation and decreasing social sector budgets, children have to work either to substitute for the working mothers domestically or to add to the family income by working outside (Raman, 1, 1997). Global insecurities The economic, technical and social changes brought about by globalization have greatly affected the lives of people. Global insecurities have been brought about by the fast spreading of information and growth of the media industry globally which has affected existing identities and resulted in decline of social cohesion and cultural diversity. Globalization is guided only by a few powers and works in their favor, the strategies established by them doesnââ¬â¢t seem to work and benefit the great majority of the people around the world. This has resulted in insecurity and ambiguity for the poor and the middle-classes (Raghavan, 1, 2000). There has been unsustainable development, excessive use of resources, negative impacts on existence of original communities, and a growing gap between the rich and the poor. Consequently, there are insecurities and social tensions coming from international and intra-national inequalities (Dass, 1, 2002). The insecurities are also attributable to the international bodies, which are explicitly in absence of state influence as these are non state actors. Their rules are designed and implemented on a basis which considers regulation of the global activities in various aspects of life by and under the control of such influences which are not considerate towards the smaller powers and play by their own rules without having a respect for the weaker associates who are exploited (UN, 1, 2000). The insecurities have also been created due to a lack of widely available social services for every country and social class. Global insecurities are also related to hindrances towards the development of low income groups and therefore it is vital to erase distortions like inequalities and take measures to encourage the productive potential of low-income groups. Globalization definitely has its benefits but they are accompanies with new vulnerabilities, for this reason, there is confusion in the voice of public opinion about globalization. Taking steps to reduce global insecurity and equally distributing the benefits may help in creating a sustainable support for the phenomenon (Brookings, 1, 2001). Conclusion: Though globalization may be considered to be a positive phenomenon which has resulted in various opportunities for people in the form of increased trade, choices of goods, improved lifestyle, enhanced communication and other benefits. But, globalization has also created many adverse impacts upon the life of people like increased poverty in poor nations, unemployment and low wages for low skilled workers, turning education into a commercial activity and cultures losing their individual identities. There are non state actors like international organizations which integrate the different nations together and formulate rules to guide their path in the light of globalization, making the process a little smoother but on the same lines, the same bodies result in insecurities for people magnified by globalization. Thus, globalization is a phenomenon which apparently may look beneficial to all but actually benefits only the dominant powers and that too at the expense of weaker ones and unless something is done to stop the exploitation and mutually benefit everyone, insecurities will continue to grow.
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