World is Flat Globalisation Samples for Students †MyAssignmenthelp.co

Question: Discuss about the World is Flat Globalisation. Answer: Introduction The world is round which was the conventional theory But the Thomas Friedman changed it by his views on macro-economic views and reasons he showed in his book known as the world is flat. His definition of globalisation has changed the concept of Multi-national companies (Mncs) (Bethlehem 2014). He defined that the first globalisation was when countries started to expand their reach by export. Then it was the world of Mncs and then it became the individuals global-world (Glenberg 2015). According to him, the beginning of 21st century is marked as initiation of third globalisation. However, the concept is criticised by professor Ghemawat based on certain data (Ghemawat 2016). His argument was based on the data collected from international sources. There was shockingly difference between the peoples perspectives and reality of the data. Overview He believes that what can be done, will be done mantra in this modern age (Goodman, Cryde and Cheema 2013). The once closed economy as if Russia and China are also in the process of emerging flattening economy of world. The concept of supply chain and virtual reach of mobile technology is in the middle of making the change (Herrington2013). Friedman also pointed out that the power of the community that arose in the 21st century, which is also seen in groups of people in small community creating open-source software in their spare time(Sangsuvan 2015). Large companies are trying to sell the same service. Outsourcing and off shoring are flatteners of the modern age. From teleconferencing to podcast and other manufacturers of this time is focused on making world flatter. As people become more collaborative, competitive, and share the information the world gets flatter and the cultures, religion, educations are mixed for a better future (Bethlehem 2014). With the emergence of flat world the workflow pattern of service and manufacturing services are also changing. Therefore, the strategy is to use the convergence as competence (Glenberg 2015). Noted organisations in the process Wal-Mart in supply chaining and UPS in in-sourcing is in the process of making the geographical distance much smaller and making the world more flattening at an increasing pace (Fisk 2013). Google yahoo MSN web search are the processor of this concept too (Goodman, Cryde and Cheema 2013) .Thomas Friedmans vision started from the company Infosys, the initiator of outsourcing era. Others like Coca-cola in manufacturing and supply chaining (Sangsuvan 2015). The steroids noted as the driver of flattening the world is computing advances, file sharing, internet and phone services, wireless technologies and other recent advances in computer graphics (Neto 2013). Conclusion Simultaneously, this theory is criticised by professor Ghemawat based on his presented factual data. This professor argues the reality of Friedmans theory. He presents the percentage of data used in international phone calls, export business revenue, foreign trade practises and foreign direct investments percentage, which is shockingly small. Nevertheless, most shocking data is the difference in the perspectives of people in the organisation and the real data gathered. References Bethlehem, D., 2014. The end of geography: the changing nature of the international system and the challenge to international law.European Journal of International Law,25(1), pp.9-24. Fisk, C., 2013. Supervisors in a World of Flat Hierarchies. Ghemawat, P., 2016.The Laws of Globalization and Business Applications. Cambridge University Press. Glenberg, A.M., 2015. Few believe the world is flat: How embodiment is changing the scientific understanding of cognition.Canadian Journal of Experimental Psychology/Revue canadienne de psychologie exprimentale,69(2), p.165. Goodman, J.K., Cryder, C.E. and Cheema, A., 2013. Data collection in a flat world: The strengths and weaknesses of Mechanical Turk samples.Journal of Behavioral Decision Making,26(3), pp.213-224. Herrington, L.M., 2013. Globalization and religion in historical perspective: A paradoxical relationship.Religions,4(1), pp.145-165. Neto, C., 2013. The World Is Flat?. Sangsuvan, K., 2015. Small Businesses in the WTO: Small Fish in a Big Pond or Globalization 3.0.