Sunday, January 26, 2020

The Reasons To Enter Vietnam Economics Essay

The Reasons To Enter Vietnam Economics Essay 1.0 Introduction Vietnam located at the eastern part of the Indochinese Peninsula and the center of South East Asia and a tropical country of the northern hemisphere. The government is runs by the Communist Party of Vietnam. In 1995, the population size in Vietnam reached 74million, ranking second in South East Asia, seventh in Asia-Pacific Region and twelfth the world over. The population size was then increased to 95 million people in the year 2010. Vietnam count as a poor country if refer to its own country GDP per person. After Dot Moi came, the national economy has improved at a high rate thus it improved the living standards and national income of local people as well. The country is one of the fastest growing economies in global which had shown a consistent growth rate in the recent years. While according to World Economic Outlook of the International Monetary Fund in 2011, the GDP of Vietnam was increased per capita and develops from lower- income country to middle-income country (Richard Rou sseau, 2011). Coca-Cola entered Vietnams market at 2004 and produced its own vitamin-packed energy drink along with some familiar brands such as Joy, Fanta, Sprite, and others for the local consumers. Besides, Coca-Cola builds three production plants in Hanoi, Da Nang, and Ho Chi Minh City. Reasons to Enter Vietnam At 2004, Coca-Cola made its first move out from Africa, they decided enters to the Asias markets which include Vietnam. These acquisitions were in line with the Groups growth strategy to expand into emerging markets, in order to underpin the organizations position as an Emerging Markets Specialist (Coca-Cola Sabco History, 2009). The first move of Coca-Cola into Vietnam is based on the new emerge and rapid growth of economy in Vietnam. As the rapid population growth and improvement of economy in Vietnam, Coca-Cola took the opportunity to enter their market. Vietnams economy was growing at between 4% 8% after recovery from the Asian Financial Crisis of 1997.The enhancing of living and educational standards of Vietnamese help in providing employment opportunities to them. The entry of the firm in Vietnamese market able in enhance the economic development and create some job opportunities for the local people. As the soda consumption has reduced in the U.S., Coca-Cola is one of the soft drink industries that increasingly looking to expand their business in countries where there consist of higher national income rate and huge population (Bloomberg Business week New, 2012). This news had shown the reason that Vietnam still able to encourage more investment from Coca-Cola in Vietnam. Moreover, Vietnam relies on the petroleum industry for its local energy consumption and for export; it will cause the economy of Vietnam more stable and attracted many foreign companies direct invest in Vietnam. This had attracted Coca-cola to enter Vietnam markets at 2004. Moreover, the payment for employees in Vietnam is quite low, therefore, it attract foreign companies moving into Vietnam instead of traditional market such as China, India, and Thailand. These all reasons push Coca-Cola chooses Vietnam and made it first move into it to operate its plants there. 2.0 Analysis Gains of entering into a foreign country Political Stability Entering into a foreign country such as Vietnam consists of gains and shortcomings. One of the advantages to enter Vietnam is its political stability. According to Mr. Philippe Delalande in 2010, he mentioned that political stability is one of the factors that have helped Vietnam pursue its economic development policy. Others view from George E. Kobrossy in 2013, General Director of Zamil Steel Vietnam (ZSV) also mention the advantages which help in attracting foreign investors to the country is Vietnams political stability, administrative reform and its efforts in upgrading infrastructure facilities. Coca-Cola faced problems to enter some countries few decades ago due to the politic issues that happened in the country. Standage (n.d) said that Coca-Cola did not exist in the former Soviet Union (Russian) because they worry that the revenue would go transfer to communist government coffers. While Webster (n.d) mention that Coca-Cola not enter French society because Coca-Cola was a mar k of capitalism and a difference between capitalism and communism during Cold War.US brand like Coca-Cola found itself pester in politics, or singled out for criticism although they are not trying to get involved in politics, said Webster. Thus, for the obvious reason, Coca-Cola reentered Vietnams market because of the political stability after Doi Moi (reformation) policy as they feel more assurance in expanding their business in a stable politic country. Foreign Direct Investment One of the gains of Coca-Cola is that Vietnamese government provides many investment incentives for foreign investors, the corporate income tax is low compared to other countries in South East Asia (standard rate is 28% and preferential rates from 10% to 20%). The Foreign Investment Agency reports that by 15 December 2011 Vietnam had attract more than 13,667 foreign investment projects, with a total capital of around RM612 billion (Foreign Investment Agency, 2011). Foreign-invested companies including Coca-Cola accounted for around 27% of the countrys exports, 35% of the countrys total industrial productivity, constituted 13% of GDP, and contributed around 25% of total tax incomes (Vietnam Investment Review, 2001). Thus, there are about US$300 million was announced to invest in Vietnam by Coca-Cola for further capture growing opportunities in one of the most developing consumer markets (Staff, 2012). Under commitments made by Vietnam as part of its agreement to the World Trade Organi zation, Vietnam offered foreign enterprise which included Coca-Cola the general right to import products and sell them to licensed distributors. The process to obtain an investment certificate for foreign-owned company is much easier now. Low labor cost Vietnam is gaining competitive advantage for labor-intensive production industry on the basis of low salary level (Meyer, 2005). In the research on labor costs, Japan labor cost in one month is $1,810, continue by $1,144 in Singapore, $82 in Indonesia, and then Vietnam rank the second lowest place which is US$49 a month and follow by the highest is Cambodia with $47.36 (EuroCham, 2010). Coca-Cola who has chosen to set-up regional offices in Vietnam help Vietnam proven the extensive labor pool is competitive in the market (GLC, 2007). According to the information collected, we found that Coca-Cola Vietnam invest in Vietnam to help boost the local business sales and created 500 new jobs locally in Vietnam while the total labor force that gain this benefit is 99 percent of local Vietnamese (Staff, 2012). This high percentage use of labor force proves that Coca-Cola Vietnam is afforded to hire more local employees due to their low labor cost or low wages. Low production Cost Coca-Cola entering Vietnam because one of the gains is they can exempted from import duties to build fixed assets, such as bottling machinery, means of transport, and production materials that are not produced locally. Additional exemptions are available for raw materials, parts and materials imported for production of goods for export. Coca-Colas revenue in central Vietnam had witnessed a double digit growth over the past few years; three bottling plants of the company produce more than 608 million liters per year in Vietnam (Nordic Industry Development, 2012). Therefore, Coca-Cola beverages Vietnam invested over $3 million into its second Danang-based purified bottle water production chain, with a capacity of up to 6,000 of 500ml bottles per hour due to the low production cost they gain in Vietnam (Nordic Industry Development, 2012). Variety Product Lines that meet Vietnameses Beverages Need Coca-Cola enters Vietnam as they met the demand for hydration, nutrition and energizing refreshment of their customer in Vietnam. Coca-Cola has variety brand of products in Vietnam such as Coca-cola, Coca-cola Light, Fanta, Joy, Minute Maid, Dasani, Real Leaf, Samurai, Schweppes and Sprite. Joy is bottled water drink that pure and has the largest share of 32% compare other brand that company produce. Coca-Cola has the second largest share of 23% continue by Sprite with the percentage of 18% and Fanta which has 17%. Other brands like Samurai obtain 5% from the market share while Minute Maid and Schweppes each occupied 2.5% (Soft drink-Vietnam, 2010). They offer high quality product that meet the need of their target market. For example, Samurai is targeted on the underserved market which is the Vietnamese male adults who need an energy boost, as most of them have heavy workloads. This vitamin-packed energy drink is fortified with six essential B vitamins and has an exciting and refres hing taste with a carbonated, sweet flavor that appeals to the Vietnamese palate and popular among the target group. (Coca Cola Sabco, 2009) Shortcomings of entering into a foreign country Unable to generate wholly-owned subsidiary business One of the shortcomings of Coca-Cola in Vietnam is that foreign-based companies are generally not able to have wholly-owned subsidiary without production in the country. Therefore, importers would normally cooperate with local partners. (Nguyen Meyer, 2004). This had caused Coca-Cola lost a great opportunity in generating more profits. Coca-Cola started-up their bottling plants through joining venture with local Vietnamese partner using the name of Coca-Cola Vietnam. (DDDN, 2013) With the holding only 60 percents of the venture, Coca Cola has limited control over the resources, information and financial leverage to expand their business model and caused this business to be unprofitable. (à lvarez, 2003) According to Ho Chi Minh City Department of Taxation, Coca-Colas cumulative losses are US$180.6 million, even bigger than its equity of US$141.6 million and Coca Cola was doubted that having transfer pricing. (TuoiTreNews, 2012). Limited Control There a major part of Vietnamese business still owned and controlled by the government and local authorities although there is dramatically growth of private business in Vietnam in recent years (Embassy, 2005). State ownership is still dominant, and issues like informal business practices or land leasing still cause headaches to foreign investors. From the information we analyze, we believe that Coca-Cola also face more difficulties in accessing bank financing, land, and other critical resources that private and smaller enterprises faced the same problems (Tenev, 2003). Coca-Cola as a foreign investors enter Vietnam this Communist country need follow their culture and unfortunately control as well as restricted their business operation in order to continue survive in Vietnam. We believe that Coca-Cola need to have personal relationships in order to sustain their business under Vietnams control because there are some enterprises also follow the same culture with Coca-Cola. There are 4 0 percent of the enterprises believed they had to have personal relationships to receive allocated and transferred lands if regarding to the land use procedures (Vietna.net Bridge, 2012). Drinking Water Problems The last shortcoming of entering Vietnam is about drinking water problems. Drinking water is a key element for healthy life and it is a cornerstone for sustainable community. Most of the consumers of beverages who are concern of the water resource and it will directly affect their purchase decision. (Dickson, 2005)Thus for this obvious reason, Coca cola acknowledged that clean water is critical to operate in sustainable community like Vietnam. In many part of Vietnam, clear water is still a dream. However, Coca-Cola wasted 2.43 liters of water just to produce 1 liter of beverage on average. (Kenan Institute Asia , 2010) Thus, it has given a big impact toward the environment. Our business can only be as healthy as the local communities where we operate; access to clean water is one of the most important barometers of a communitys health. by Muhtar Kent, Chairman and CEO, the Coca-Cola Company. Coca Cola also understand that the issue of water wastage for the production not only affect s the ecology and environment but it affects the corporate image of their company as well. 3.0 Recommendations In past decades, Coca-Cola adopted joint venture with the local partners to penetrate into the Vietnamese market. However, many partners had quit the venture as they unable to bear with the consecutive  loss made. These losses are basically caused by the unnecessary spending and poor cash flow in the business. Thus, in order overcome the problem, jointing venture with local partner such as Chuong Duong Beverage Co. is not sufficient to expand their business efficiently, Coca-Cola should joint venture with other foreign firms who are large enough to support them in term of financial and management as well as serve the demand of the market. For instance, the PepsiCo. has jointed venture with Japanese beverage and wellness company Suntory Holdings Ltd. in Vietnam in order to sustain long term growth in Vietnamese market. As Suntory has a consolidated business foundation in South-East Asian markets, PespiCo is boosting its current market position in order to compete with their competit ors. (RTT , 2012) Beside, In order to generate more revenue, Coca-Cola should follow the footsteps of FedEx to consider in application for wholly-owned subsidiary. FedEx is expected to be the firm that having 100 percents of subsidiary in Vietnam. This could help them to have long-term commitment in Vietnamese market as they able to take advantage in this growing market. (Linh, 2012) In order to solve the limited control problems, Coca-Cola can establish a harmonious relationship with the local authorities since it easier to solve bureaucratic problems if and when they occur especially in Communist country. Relations with local and central authorities can be developed as cooperative relationships, and networking and building personal relationships is recommended to expand their business in Vietnam. Coca-Cola Company should build a close relationship with government so that they will provide more subsidies and privileges to Coca-Cola including the decreasing cost in power usage and cheaper raw materials. Gifts to the appropriate persons and doing more charity to the poverty residents may enhance the atmosphere and smooth the business process given that sending presents is part of traditional Vietnamese culture. Coca-Cola spent over 5milions to 2.1 billion populations in Pacific for the effort of managing the clean water resources with the Community Water Partnership (CWP) program .For example, in Vietnam, Coca-Cola enhances their corporate image and improving the water quality through the Plain of Reeds Wetland Restoration Project and Clean Water for Communities (Phase II), more than 10,000 Vietnam residents able to access to the clear water through. (Staff, 2012) However, these programs dont really have a significant improvement to clean water issue. Thus, in order to achieve efficiency and effectiveness for the business and production operation, Coca-Cola needs to have advance water recovery system besides their CWP program. Water resources always is the global challenges for the beverages company especially operate in country like Vietnam who facing serious issue of clean water. Indeed, Coca-Cola claimed that the technology that they developed not only can reduce operational water needs but it also improves water use efficiency by up to 35percents. (The Coca Cola company, 2012). However, we believe that this technology can be improved by learning from competitors innovation such as PepsiCo. With the helping of Siemens Industry Automation Division PepsiCo has installed an integrated reuse solution at Santiagos snack plantation. It helps the manufacturing facility in increasing its wastewater treatment capacity by 20percents and it is a beneficial technology that incorporating environmental. Besides, the system will reduce 70 percents of fresh water consumption. (Warrendale, 2012) Nonetheless, as we all know these two giant beverage companies were competed aggressively in the industry over a century. Additional, one of the competitive advantages of these companies to retain their uniqueness is their innovation and technology. Therefore, if these two companies could alliance themselves in term of sharing their technology among themselves to solve the water wastage issue it could bring a better water quality to Vietnamese as well as enhances their production especially the bottling process. Since they have the same interest, they can cooperate under the Strategic alliance basis. Strategic alliances are agreements between companies that remain independent and are often in competition. (R.J., 1999). Many alliances are designed in order to seek for improvement in volume, divide fixed costs of production and distribution. A very good example Coca-Cola can refer is the alliance of Nestlà ¨ and Haagen-Dazs. We believe we can grow better together than separately said a Diageo spokesperson. Nestlà ¨ would contribute its frozen dessert technology, while Haagen Dazs would contribute to distribution through the network of points of sale with its name. (E, 1999). The alliance of these two companies for production and marketing has allowed Nestlà ¨ sought to build critical mass in the ice cream sector and a way to reduce costs by operating its plants in California and Maryland at full capacity. (Pellicelli, 2003) Besides, further improvement in competitive advantages can be done through improving Coca-Colas variety product lines. As we know few of the Coca-Cola product lines like Samurai, Coke Light, and Joy win a competitive advantage in Vietnams market. If compare to Coca-Cola biggest competitor markets strategy, PepsiCo had entered the food market and earn over $13 million to their business. Besides, PepsiCo also engaged in snack food which brand under Frito-Lay to gain more markets share. Thus, we suggest that Coca-Cola Company also can increase their market share by extends their product brand in snack as what PepsiCo done. Coca-Cola Company can invest in a new snack brand to attract more consumers in the Vietnam food market. This strategy can be effectively and efficiently implement because snack food is commonly consumed by Vietnamese families but Vietnamese will consume snack food that import from United State due to its lower price (What We Eat to Help Us Grow, 2010). Coca-Cola Compa ny can produce healthy snack food with lower price to attract Vietnamese who focus in health such as Frito Lay which their tasting chips are low fat and ingredient all are natural which contain no artificial colors, flavors or preservatives (Pepsico, 2012). 4.0 Conclusion Coca-cola as a global leader in beverages industry offer hundreds of brand over the world had entered Vietnam market by offer quality product that can be trust and fulfill the need of Vietnamese. Coca-Cola Company help people lead to an active and healthy lifestyle by provide the information of the beverages. Coca-Cola Company announcement an investment plan of invest $300 million in Vietnam over the next three years to build new infrastructure, create jobs, develop strong partnerships and build its brands in the country.   In the research, we found that enter to Vietnam market have it advantages and disadvantages. After we analyze, we realize that the gains of Coca-Cola is more than shortcomings after enter Vietnam. In order to overcome the shortcomings, Coca-Cola needs to adopt immediate solution and effective strategies in order to strengthen their market position in Vietnam.

Saturday, January 18, 2020

Helping Victims of Domestic Abuse Essay

Domestic abuse has grown to be one of society’s most shameful scourges. Its victims who more often that not comprise of women, endure public humiliation meted out by their spouse, extreme jealousy, control over who they see and talk to, spousal financial control, sexual assault, emotional and mental manipulation and in most cases, physical violence. There are many ways by which domestic abuse is perpetrated by abusive spouses but very few of its victims are willing to admit to it or are even aware that they are indeed being abused. When nineteen-year old Vickii Coffey married her childhood sweetheart at age 19, she thought her wedding day was just the first day of the life of her dreams. Little did she know that the following eight years of her married life would be spent in and out of hospitals as a victim of domestic violence. After 8 years of enduring such abuse and fearing for her and her son’s safety, Vickii finally filed for divorce. Today, 13 years after her nightmarish marriage, Vikki is happily married and works as the executive director of Greenhouse, Chicago’s oldest and largest shelter for battered women and their children. (Barber) â€Å"†The question I get all the time is, ‘Why would a woman stay there and take something like that? What’s her problem? ‘† says Coffey who now counsels women on their options to violence. † (Barber) Medical Sociologist Dr. Jacquelyne Johnson Jackson from Duke University Medical Center in Durham, N. C. , believes that many women, who stay and endure spousal abuse, have been â€Å"conditioned† to know their place as women often subservient to their fathers and other male members of the family(Barber). Some women however, stay because they do not know they are actually being abused. A newspaper article that appeared in Glasgow, Scotland’s Sunday Mail in January 23, 2005, details the experience of Julie Black, a 47-year old woman from Dumfries who nearly lost her life after being badly battered by her husband, David Hill for three hours (â€Å"It All Started with† 34). Hospital staff who tended to her counted up to 56 injuries on her body including a fractured skull and badly beaten eyes that puffed up so she could hardly see. Of her experience, Julie is quoted as saying: ‘He had to almost kill me before I realised I didn’t deserve to be treated that way. ‘I’m a fairly strong person. I’ve never thought of myself as a victim. But domestic violence creeps up on you so gradually you hardly notice†¦ ‘My friends and family were horrified. I was so ashamed of what was happening, I’d kept the abuse secret. Perhaps if I’d confided in someone, they could have talked sense into me and I’d have got out sooner. ‘ (â€Å"It All Started with† 34) It is normal for concerned friends to want to help people they suspect of being victims of abuse. While one’s first instinct would be to call the police or crisis agencies, sometimes the only thing they need to do is to just listen and be a friend. Here are a few guidelines (â€Å"How to help†) in how people should talking to a friend whom they suspect of being abused by her spouse: In preparing for the talk, concerned friends or family members must set aside some time to talk with her. They must make sure to pick a quiet place where the victim feels safe and comfortable. It is important to keep in mind that discussing such a serious and personal issue as abuse may not be easy at first. As the victim begins to talk, it is important that she feels her friend’s concern, as well as receive assurance that what she is going through is not â€Å"normal. † Victims of spousal abuse often feel that they deserve the abuse their partners do. They need to be re-assured that they are being understood and that the abuse is not their fault. It would be good for friends to let the victim know that they are worried for her and if any, her children’s safety. Victims constantly need to be reminded there are people who love and care for her who are ready to help the minute she asks. It is important that she doesn’t feel judged. Friends should be prepared to listen and simply be the victim’s friend. Let her talk at her own pace and in her own terms. Victims who feel comfortable in their friends’ presence will find it easier for to open up and just let the words flow. Shame and guilt are common among victims of abuse. Friends must be ready to reassure the victim that she is not alone in her situation and there are many people willing to help should she wish to ask for it. Abused women should never feel forced to do things she may not be ready to do as yet such as packing up and leaving her partner. While concerned friends may be tempted to tell the victim what to do, they must respect her space and decisions. If the victim does ask for advice, it is best to help her explore her options rather than give direct feedback. A â€Å"safety plan† she may follow should things get to be too difficult at home is always helpful. Whenever possible, concerned friends and family members are advised to read up on brochures and information regarding crisis centers and women’s support groups so that they may be able to give informed advice to the victim. It will probably be a good idea to offer to look up sources of help on her behalf. She may not want to right now but in the future, it may be good to have an idea of possible agencies that may be able to help her such as women’s crisis centers, psychiatrists or shelters. If after all is said and done and the victim still wishes to go back to her relationship, people must be able to respect her wishes and support her. It can be frustrating at times when after all the talking and crying is done, the victim may still decide to stay in an abusive relationship. It is very important to remember however that one cannot just â€Å"rescue† a friend. There are simply some things that take time and victims may need such time to come to terms with the reality of their situation before being able to concretely decide what to do. Works Cited Barber, Marchel’Le Renise. â€Å"Why Some Men Batter Women (and Why Some Women Take It): Domestic Violence Is America’s Most Common Crime. † Ebony Oct. 1990: 54+. Questia. 22 Oct. 2007 . â€Å"How to Help a Friend Who is Being Abused. † Violence Against Women. National Women’s Health information Center. 4women. gov. 21 Oct. 2007

Friday, January 10, 2020

What the Pros Arent Saying About Apa Essay Example and How This Affects You

What the Pros Aren't Saying About Apa Essay Example and How This Affects You What's Truly Going on with Apa Essay Example Most folks prefer to compose a brief essay writing service. In general, military isn't a science to be forgotten. Gabriel, though you're not required the help of physicians in managing the pronoun they refers to the online bennett and richard a. And rossman. The most frequently encountered paper writing service that the vast majority of our clients require is essay writing. It's possible to assume your audience is made up of men and women who know something about your topic and instructors that are experts in your topic. Ideally, you wish to pick a subject that's specific enough to let you fully research and learn more about the topic, but not so specific that you have a difficult time finding sources of information. Outlines the objective of the introduction. The Benefits of Apa Essay Example The page number in the very first instance is put at the conclusion of the quotation (p. 17). An individual may find presenting the essay title an additional time rather weird, as it's already indicated in the webpage header. By referring to the found example, it's going to be less difficult for you to organize the very first page of the human body in the proper way. The pages of the primary body should incorporate the running head and the number. Definitions of Apa Essay Example Following your introduction, however, there's a very good possibility that youwillwant to use headings for particular sections of your paper. How many you use will be based on the complexity of your paper and the range of chapters. The page header needs to be included in the top margin. Formatting your essay is just a matter of plugging the appropriate information into the ideal locations. The Key to Successful Apa Essay Example Regardless of what essay topic you were given, our essay generator will have the ability to finish your essay easily. Before you start your essay, familiarize yourself with a few of the fundamentals. You are able to hire us for all sorts of essays. This essay will give a discussion of the significance of APA style referencing within psychological literature but also with respect to consistency within academic essays. Your list of references ought to be set on a different sheet of paper at the conclusion of your essay. Well written a mixture of quotations. Begin to the very best essay useful phrases. Apa Essay Example Can Be Fun for Everyone If you must compose a paper in APA, you want to adhere to the directions given in the mentioned manual to create a suitable format and structure. There are several resources on the net which goes into a great deal of detail about APA format. If you neglect to follow appropriate format, they seem syncategorematic. The format can be adapted based on the nature and the topic of a custom made essay. Apa Essay Example - What Is It? In the event the source is written by multiple authors, then you ought to state last names of them all, at least in the very first reference within the essay. References Once research was conducted in the on-line library and your position was stated and supported with scholarly sources, the next thing to do is to create a Refe rences section. Figures ought to be big enough to allow easy reading. The War Against Apa Essay Example Cover Letters hold a prominent part in the expert world. Learning about APA style will be an extremely rewarding experience for you, as you'll be in a position to reply it in all your next writing assignments. The manner that phrase is listed in the prior sentence isn't correct APA style for a Level 2 heading, and that means you will have to edit the heading. Along with ensuring that you cite your sources properly and present information in line with the rules of APA style, there are several things you can do in order to make the writing process just a little bit simpler. Actually, there's nothing bad in it. The understanding of the past is the ideal approach to move in the future. Additionally, there are APA format essay citation rules to comply with, so in the event that you don't wish to get accused of plagiarism, you must always cite resources utilized in your essay. The revisions are completely free! Writing your very first APA format essay can be a bit intimidating at first, but learning a number of the basic rules of APA style can provide help. Furthermore, there's a beneficial resource named Purdue OWL where you're able to discover wonderful examples of unique sections of the papers formatted in APA. Then you might need to make the most of a well-written APA format essay template on your topic which you can order on our site. In some instances the author might be an organization or department, therefore the stating of their name will finish the APA essay format.

Wednesday, January 1, 2020

Over the last couple of years, the world has become...

Over the last couple of years, the world has become increasingly globalized. After the cold war, all parts of the world were attracted to the process of globalization. The effect of globalization is uneven in different parts of the world and globalization suggests a world full of persistent cultural interaction and exchange, contacts and connection, mixture and movement. Different people view globalization in different ways. Some people feel it has done more good than harm, while others believe it has done more harm than good. This essay will give a deep intuitive understanding of globalization, world systems, and how globalization has affected society, culture, economics, and politics. Globalization can be defined as the international†¦show more content†¦Also, if there was a country that believed that men should go through rites of passage and they became globalized, they will lose that aspect of their culture because in other globalized countries, that is not done. More so, globalization supports neoliberalism which is the privatizing everything that is done by the government which will eventually lead to poverty, making the society regressive so that the rich get richer and the poor poorer, reducing government regulations, and so on. Globalization also brings about inequality because the globalized countries will feel that they are higher in level than other countries which are not globalized leading to an inequality between countries. in addition, globalization leads to the depletion of the natural environment that is because the country is globalized, they would want to build more industries which will make them cut down trees and clear forests thereb y making the country lose its naturality. Various organizations and groups resist globalization which includes; Freecycle, Green party, Race Against the Machine, The Yes Man, and so on. There are also people who resist globalization such as; Michel Foucault, Jello Biafra, Slavoy Zizek, Naomi Klein, Michael Moore, Vandana Shiva, and many more. World systems theory is a macro-scale and multidisciplinary technique of approaching world history and changes in the society that emphasizes that the world-system andShow MoreRelatedOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesLinda Shopes, eds., Oral History and Public Memories Tiffany Ruby Patterson, Zora Neale Hurston and a History of Southern Life Lisa M. Fine, The Story of Reo Joe: Work, Kin, and Community in Autotown, U.S.A. Van Gosse and Richard Moser, eds., The World the Sixties Made: Politics and Culture in Recent America Joanne Meyerowitz, ed., History and September 11th John McMillian and Paul Buhle, eds., The New Left Revisited David M. 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