In the era of globalization, most companies start expansion to foreign markets either as investors or as regular business players. Globalized market offers multiple opportunities for investment and expansion, but also presents a number of challenges for the companies. The purpose of this paper is to consider the case of going global for Nike, Inc. and review the investment opportunities such as purchase of shares of other companies or opening up new branches. The importance of understanding the main challenges in the global market for the financial managers of Nike, Inc. is also discussed in the paper and possible criteria for selection of investment will be analyzed. There are several types of factors which might significantly affect the company’s overseas […]
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The modern world economy is characterized by the domination of neoliberal economic trends, which contribute to the emergence of globalization as the mainstream trend which characterizes the domination of the modern economy. In this respect, it is worth mentioning the fact that the process of globalization has a negative impact on the development of the world community because globalization leads to the dehumanization of the modern society and emergence of the consumerist society. What is meant here is the fact that consumerism dominates in the globalized world community, whereas universal, humanistic values degrade. As a result, many social problems remain unresolved, whereas the society tends to dehumanization and increasing consumerism, which has a destructive impact not only on human relationships […]
Development Broadcasting in India and Beyond: Redefining an Old Mandate in an Age of Media Globalization
The development of mass media in India was dramatically affected by western mass media, which were models for Indian mass media. In such a situation, the development of public broadcasting in India proved to be vulnerable to external influences. At the same time, the history of the development of public broadcasting in India reveals the fact that it was affected not only by external, international influences, but also by internal pressure from the part of commercial broadcasting companies. On the other hand, the public broadcasting in India, which was solely attributed to the Indian broadcaster Doordarshan (DD), had a privileged position in India. Moreover, it still heavily relies on the state support. Nevertheless, in spite of all support from the […]
Neoliberalism and the Welfare State: Is the competitiveness of states a dangerous obsession in the context of globalization?
The development of the modern world is characterized by the growing international economic and political cooperation (Cerny, 1997). In fact, the process of globalization has already become the mainstream trend in the development of the world’s economy and politics. In such a situation, many countries of the world focus their efforts on the elimination of fiscal barriers and develop free trade in order to stimulate the economic growth and improve their position in the world. At the same time, Neoliberalism becomes one of the major theories on the ground of which states develop their economic and political strategies. In this respect, it should be said that Neoliberalism traditionally aims at the ongoing liberalization of the economy, which is supposed to […]
Whether we like it or not, the world is becoming more and more globalized: people talk to their foreign friends and partners over the Internet, travel and see the new sights as well as interact with new cultures. Economical and political issues also play an important role in the globalization process: the worldwide division of labor between countries and strong trade bonds result in one fact: in spite of many different countries we are witnessing the evolution of all the system into one large community with similar views, interests and tastes. There are a lot of supporters and opponents of such tendency; one of the main arguments of opposition to globalization is that in fact nowadays this word implies spreading […]