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Thread: Globalisation or Glocalisation?

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    School Boy/Girl Captain LankanPrince's Avatar
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    Globalisation or Glocalisation?

    I recently read a very interesting article on globalisation in a business magazine. Globalisation seems to be an issue constantly appearing in television news. Protestors accuse massive multinationals such as MacDonald's, Kentucky Chicken, Coca Cola etc. exploiting the cheaper cost of labour in many of the Asian and Eastern European countries and destroying their culture and local business. However many of these companies are now trying to make their operations more appealing to local populations by 'glocalising' their brands. For those unfamiliar with term it is where a multinational company will adjust its product to suit the culture and tastes of the local people. For example MacDonald is a good example of a company trying to glocalise. It now has a 'McArabia' sandwich in Saudi and a 'McMaharajah' sandwich in India. Do you think such companies embrace and promote local culture with their branding or make a mockery of a countries' traditions with dated western stereotypes? Is it now glocalisation as opposed to globalisation?
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    Soutie Langeveldt's Avatar
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    Business review?
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    Soutie Langeveldt's Avatar
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    The residing memory of my stay in Arabia was watching 2 young children in traditional Arab dress, their mother completely covered up in black (only her eyes visible)... the kids were tucking into a Mc Flurry....

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    Cricket Web Staff Member / Global Moderator Neil Pickup's Avatar
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    American money running the world once more.

    :!(

    Globalisation is not all bad when it results in increased International co-operation - not free trade for some and not for others.
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    School Boy/Girl Captain LankanPrince's Avatar
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    Originally posted by Langeveldt
    Business review?
    Yeah that is the magazine. It is very interesting. Do you also read it?

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    Soutie Langeveldt's Avatar
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    Originally posted by LankanPrince
    Yeah that is the magazine. It is very interesting. Do you also read it?

    I do, I am doing Business Studies here in the UK.. and we are more or less told to! It is interesting, certainly better than a textbook!

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    Soutie Langeveldt's Avatar
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    Originally posted by Neil Pickup
    not free trade for some and not for others.

    Why is american globalisation stopping free trade?? Nobody is forcing locals to use american multinationals.. they shouldnt be slated for being so succesful...

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    School Boy/Girl Captain LankanPrince's Avatar
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    Originally posted by Langeveldt
    I do, I am doing Business Studies here in the UK.. and we are more or less told to! It is interesting, certainly better than a textbook!
    Thats cool. Im doing the Economics and Business Studies A-Level. How did your AS-Level Business Studies module go in January? We had one easy paper, most of us cruised through it!8D

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    Hall of Fame Member age_master's Avatar
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    Globalisation - the increased integration of economies, mainly through trade.

    Globalisation in undoubtably a good thing. think about everything you own that was not made in your own country and that throw it out - thats what life would be like without Globalisation....
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    Soutie Langeveldt's Avatar
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    Originally posted by LankanPrince
    Thats cool. Im doing the Economics and Business Studies A-Level. How did your AS-Level Business Studies module go in January? We had one easy paper, most of us cruised through it!8D

    It went very well thanks (well ill see for myself when the results come out, fingers crossed)!!

    Didnt find the paper too difficult, but a lot of my colleagues did....

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    Soutie Langeveldt's Avatar
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    Originally posted by age_master
    Globalisation - the increased integration of economies, mainly through trade.

    Globalisation in undoubtably a good thing. think about everything you own that was not made in your own country and that throw it out - thats what life would be like without Globalisation....

    Interesting.. id be sitting naked on the floor, in an empty room, next too a large Grandfather clock and a copy of the sunday times....

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    World Traveller Craig's Avatar
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    All I will say is that if you in charge of a major company, you would look for cheap labour costs etc without it being illegal.

    After all isnt that why you are in business to make as much money as possible?
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    Soutie Langeveldt's Avatar
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    Originally posted by Craig
    After all isnt that why you are in business to make as much money as possible?

    Exaclty....

    No morals or ethics come into it, ever...

    If a business mentions "morals", it is to strengthen an image, and therefore make a fast buck....

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    Cricket Web Staff Member / Global Moderator Neil Pickup's Avatar
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    Originally posted by Langeveldt
    Why is american globalisation stopping free trade?? Nobody is forcing locals to use american multinationals.. they shouldnt be slated for being so succesful...
    Um, you didn't understand the post.

    The "West" can trade freely with one another but LEDCs wanting to export have huge tariffs slammed on them.

    Rich get richer, poor get poorer.

    Scrap all tariffs now.

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    Soutie Langeveldt's Avatar
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    Originally posted by Neil Pickup
    Um, you didn't understand the post.

    The "West" can trade freely with one another but LEDCs wanting to export have huge tariffs slammed on them.

    Rich get richer, poor get poorer.

    Scrap all tariffs now.
    Fair enough...

    So you dont mind the influx of cheaper foreign goods putting British manufacturers out of business...

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