Globalization and Economics

Note Card 1. Source: Friedman (2002): “I define globalization as the inexorable integration of markets, transportation systems, and communication systems.” (Friedman, 2002, p.471) Note Card 2. Source: Friedman (2002): -Quotation: “In the globalization system we reach for the internet, which is a symbol that we are all connected and nobody is quite in charge.” (Friedman, 2002, p.471) Note Card 3. Source: Friedman (2002): “Everyone in the world is directly or indirectly affected by this new system, but not everyone benefits from it.” (Friedman, 2002, p.471) Note Card 4. Source: Applbaum (2000): Note Card 5. Source: Applbaum (2000): -Paraphrase: The Transnational Corporation is working according to the principles of Marx that state that the firms are competing with each other by crossing borders with the help of globalization. (Applbaum,2000,p.259) Note Card 6. Source: Applbaum (2000): -Quotation: “Global products are created and marketing globalization achieved by firms seeking conformity in the way a product is sold and assuming that the whole world is one market. The effort to globalization leads with the product, or object.” (Applbaum,2000,p.264) Note Card 7. Source: Brown and Zhou (2003): Note Card 9. Source: Brown and Zhou (2003): Note Card 10. Source: Encyclopedia Britannica (2008): Note Card 11. Source: Encyclopedia Britannica (2008): Note Card 12. Source: Encyclopedia Britannica (2008): References Brown and Zhou, J. and D. (2003). Broadening the Foreign Market Entry Mode Decision: Separating Ownership and Control. Palgrave Macmillan Journals, pp.473-488. Retrieved on 21 July, 2008 from http://www.jstor.org/stable/3557163 Friedman, T. (2002). Globalization: The Super-Story. English2 Book, pp.470-473. Marketing. (2008). In encyclopedia Britannica. Retrieved July 17, 2008, from Encyclopedia Britannica Online: http://www.search.eb.com/eb/article-27245