Saturday, February 22, 2020

Defning globalization Essay Example | Topics and Well Written Essays - 500 words

Defning globalization - Essay Example The definition of globalization is highly contentious among professionals in the field of economics and business. Globalization is a term for the process of international integration brought upon by interconnectivity of cultural aspects.(Steger, 1) Cultural aspects can be further defined as technology, religion, infrastructure, and manufacturing processes. There are many types of globalization; increased internet activity, international cell phones, and aviation. There are many good aspects of globalization that increases the health and education of many third world countries. However, there are aspects of globalization that have both positive and negative aspects. The globalization that most people think of the most is the usage of other countries to assist in the production or manufacturing of products for consumption or use. This is known by many currently as outsourcing. While outsourcing is not the only form of globalization, this is the one element that has become a hot topic politically due to the extent and negative elements. Outsourcing is a negative form of globalization to portions of the United States, while for others it is one of the best things that has occurred. When the United States federal government began to give tax benefits to companies who moved their major production elements outside of the United States, many companies began to move.(Anderson, 213) Not only are manufacturing jobs being sourced in other countries, but now countries are moving things such as call centers and technology service centers.(Dessler & Phillips, 61) Moving jobs overseas has a drastic and detrimental effect on the job market in the United States. Individuals in certain regions of the country are without job because of the relocation of most of the car making processes. No longer are there hundreds of companies making car parts, most if not all of those jobs are now in countries such as Mexico and China. This outsourcing has come to a

Thursday, February 6, 2020

Explain how the Tourism Destination is served by Transportation Links Essay

Explain how the Tourism Destination is served by Transportation Links. Identify Key issues of best practice and limiting factors - Essay Example The paper will also include various theories of tourism and models and will analyze the type, options, range, volume, seasonality, availability and accessibility, and the relative costs of transportation in Hong Kong. Another key area will be examining the various key issues around the best factors as well as the limitations of the transport service in Hong Kong. Hong Kong Transport, Volume and Seasonality Hong Kong is one of the two administrative regions of the People’s Republic of China, working under the one government two systems arrangement (WTO., 2001). It is located on the South Coast of China and is in between the South China Sea and the Pearl River Delta (Beirman, 2003). Hong Kong is extensively known for its open skyline as well as the deep natural harbors. The city center is regarded for its modern architecture that has led to the city being branded as the most vertical city in the world. Despite being only 1104 km2, Honk Kong manages to attract huge numbers of tou rists per annum, making tourism one of the most notable sources of revenue for the region. Tourism in Hong Kong is managed by the Hong Kong Tourism Board (HKTB). Hong Kong has numerous tourist attraction facilities and each of its districts can almost be considered as viable tourist destination sites. Among the most visited locations in Hong Kong, include the Victoria peak, Victoria Harbor, and Ocean Park Hong Kong in the Island; the Hong Kong Art Museum, Clock Tower, and Avenue of Stars in New Kowloon among others (Ghai, 2000). According to statistics from the Hong Kong Tourism Management Board (HKTMB), Hong Kong receives about 20 million tourists per annum. A majority of the visitors to the city are mainly from The Mainland in China with a good percentage also coming from the neighboring countries in the Middle East and other parts of the world. Appendix A contains statistical graphs and charts showing an analysis of the visitors to Hong Kong from various parts of the world (Beirm an, 2003). The statistics show that Hong Kong is a major tourist destination in the world attracting lots of tourists in the past few years. In as much as Hong Kong is a major tourist destination, it also emerging as a major business hub on the global scene (Ghai, 2000). It is one of the primary global financial centers acknowledged for its capitalist economy renowned for its lower tax regimes and free trade. The Hong Kong dollar, the currency used in Hong Kong is also the eighth most traded currency in international trade. The Hong Kong government has put a lot of measures to manage the transport networks in the city in order to enable visitors to access the city and visit the various tourist attractions sites. The city has a wide range of transportation links ranging from air, water, road and rail transport (Ghai, 2000). Visitors can move around the city via light rail, minibuses, buses, trains, trams, ferries, and taxis. Each of these means of transport have their own systems of paying fares and often require one to buy tickets each time they travel to various destinations (Cooper, 2005). One can also buy the Octopus card, which is an electronic system of paying fare in public transport. The road transport consists of various options such as public