From the beginning, the Silk Roads were used to transfer goods to and from Europe and Asia. Asia’s economy had always relied on the money from the Silk Road Trade. Europe’s economic status remained fueled by Asian trade. In the beginning, the Silk Road was small but overtime grew to be a necessity. Overall, many things changed along the Silk Road from 200 B.C.E to 1450 C.E, but one thing remained constant: the purpose of the Silk Road.
While the basic purpose of the Silk Road remained mostly the same, its’ goods and destinations went through many changes. The road started as a small transport route for Eurasian merchants, but later turned into an important economical and cultural necessity. Once Asian products, like spices and fabrics, were used by Europeans, they became dependent on them. This also occurred in Asia, and it began to shape both cultures. Also, due to the large amount of political changes that occurred during this expanse of time, the Silk Road also traveled through the new countries that began when the Roman Empire collapsed.
Many things changed and new goods, even human ones, were traded across the globe from 1450 to 1914. But while many things changed some stayed the same. Two changes were the shift in world dominance from East Asia to Western Europe and China closing itself off from the world. Two continuities are that China remained a major exporter of several invaluable goods and that China stuck to its agricultural roots and never industrialized, even while the world around them was doing so. Even though China was in a rapidly changing time, it still tried to stay to its roots.
Current Business Research Project Paper RES/341 June 26, 2012 Dr. John Olmstead Current Business Research Project Paper In the past, business only stayed within one’s country. Because of the advancement in technologies, there are an increase number of businesses, which sell and buy products and service from oversea companies. This paper will define the purpose of the research read in “Qualitative Methods in International Sales Research: Cross-Cultural Considerations”. It will also investigate the business problem, identify the data collection method, and conclude the results of the research. Define Research Purpose The international sales research is important to the marketing and sales team that works in companies that sell products and services to overseas countries.
These different empires that were being built at the time created fluctuations in trade. The Silk Road changed from being on a small scale to expanding throughout Eurasia; then little interaction occurring between Asia and Europe. More trade in the Ming Dynasty followed after and then the Indian Ocean Trade becoming an alternative way of trade to the Silk Road. During these changes, there were also continuities that always happened no matter how much the Silk Road had changed. The change in trade patterns was caused by the strength of the different empires along the Silk Road.
The worldwide network is being served by four regions outside the U.S.: Canada; Asia-Pacific (APAC); Europe, Middle East, Indian Subcontinent, and Africa (EMEA); and Latin America, Caribbean (LAC). Each country offers different features that are design to meet the transportation needs, specific markets and customer service to service each country. FedEx plays a central role in global trade, benefiting the global economy and, importantly, enabling the development of poorer countries. As more countries become involve in the global economy, FedEx is prepared to provide ground services to its new customers. FedEx has supported several trade negotiations, including the World Trade Organization Trade Facilitation Agreement, the International Services Agreement, the Trans-Pacific Partnership and the Trans-Atlantic Trade and Investment Partnership.
Examine the main factors that have accelerated globalisation Globalisation is the process by which people, their culture, money, goods and information can be transferred between different countries around the world with few or no barriers at speed. Globalisation presents countries, companies and individuals with numerous opportunities. There are many factors which have contributed to our increasingly globalised world. One example of this is the introduction of international organisations which bring people, money and information together to help accelerate globalisation. The Wold Bank offers money to poorer nations to help them improve and develop.
The definition of globalization is a growth to a global or worldwide scale. This basically means a business or service that has grown to a worldwide scale from the smaller business that was originally that starting points of their business. Globalization could also be conceived as the process by which regional economies, societies and cultures have become interrogated though a global network of political ideas though communications, transportation and trade. The term is most closely associated with the term economic globalization like that course that is offered at our school. I personally believe that globalization is the force for economic growth, prosperity and democratic freedom.
Globalisation is the process by which each individual country and economy is converging into a larger global economy. Globalisation has many impacts both positive and negative. In recent decades globalisation has had strong impacts in China and thus is predicted to be one of the 4 largest economies by 2050(BRIC). China has benefited greatly from the onset of globalisation and their economy would not be the size it is today if it was not for globalisation, however globalisation has had some strong negative side effects on China. China has been impacted on globalisation through international convergence, economic growth and the quality of life, trade investment and TNC’s, distribution of income and wealth, environmental consequences, financial markets, international business cycle and the implementation of government policies.
Conclusions and recommendations shall be offered after the analysis of the external and internal environment in which FedEx operates. Through the establishment of FedEx’s resources and competencies, recommendations shall be offered as to what future strategies and direction FedEx may take. External Environmental Analysis, PESTLE Analysis Political/Legal factors to be considered The advancement of the deregulation of trade in previous closed markets and the deregulation of industries, have brought about numerous opportunities for organisations. The effects of globalisation and the