Globalization

Based on the lessons that we tackled, the highlights that I learned are international trade have a big role in this globalization mostly for developing countries. Ethics is also important for a global business culture on how local values influence global ethics and it impacts various aspect of management and operations that includes marketing, research and development human resources and corporate mission. One thing I learned also is the evolution of industrialization from the life in a village with the expensive transportation and slow information to developing of ships, fast transportation of goods and trading all over the world and then to invention of internet, SMS and computers for the companies to easily cooperate with the production around the globe to the future which is the 4.0 which is the virtual world. As the world evolving, it can really take place for a room of improvement. Lastly, I also learned how a country can be a developed economy or also called advanced economy and mostly the reason is the political system.

The idea that I learned that I can use in my life is adopting one’s culture because if I will go to other country, I should have a background on their culture for me to have a better understanding and awareness of their cultural values and perspective. The other idea is buying own products versus to the goods that are being import here in the Philippines.