Contemporary Issues for Business Essay Example | Topics and Well Written Essays - 2500 words

Contemporary Issues for Business - Essay Example Globalization has its own advantages and curses. With the help of globalization countries can share their surplus resources with the other countries. It creates a sense of unity in global arena. On the other hand globalization has its own negatives. Due to globalizations, countries which are having weak economy are significantly over dependent upon economically strong countries. Here in this case of Ukraine crisis, two economic super powers are fighting among each other and are imposing bans and trade sanctions. All these bans and trade sanctions have very serious consequences for the global fraternity. Economically weak countries which are highly dependent upon strong countries feel the pressure significantly. With the help of this essay economic consequences caused by the various trade sanctions related with Ukraine crisis will be evaluated. The essay will analyze all the critical factors in a detailed fashion. The above picture is indicating that, various nations across the world do high level business with Russia as far as the food and agricultural exports are concern. In fact the country which is taking some proactive measures to impose sanction upon Russia i.e. US also does almost $1.6 billion food and agricultural business with Russia. It means economies of all these countries are significantly dependent upon the export. So there is no shadow of doubt that there are high negative economic consequences on the above shown countries. Especially European Union is the highest exporter of food and agricultural products to Russia. Trade sanctions have most adverse economic consequences on the EU economy only. Due to all the trade sanctions EU and other nations as well are deprived of foreign currency. Generally EU exports almost â‚ ¬11.9bn agricultural products to Russia. The ban can reduce almost â‚ ¬5.3bn business. It

Global Skills and Global Knowledge Essay Example | Topics and Well Written Essays - 1000 words

Global Skills and Global Knowledge - Essay Example The new insights gained from learning the French culture and language equipped me with the basic skills to increase the possibility of living in Europe and enable me to communicate with others using their language. Further, by reinforcing learning the dimensions of culture, I was able to acquire a better edge from other people of the same qualifications as mine, but without the knowledge of speaking French. Through learning intricate details of the French culture, I was fortunate to have shared interesting facts that could improve communication, interpersonal relationships and possible entry to global organizations from that country, in particular, if given the right opportunity. To reiterate, I enrolled in a French for travel class that provided basic theoretical guidelines on grammar, syntax and frequently used statements for daily communication. In doing so, proficiency in French was initially gained. With regular practice and continued study in higher class modules, I am sure tha t I would be highly proficient in the language. These skills could be applied in future plans to either live or work in Europe. The basic communication skills of learning French would be used for relevant correspondences: both speaking and writing, as one envisions working with a global organization, either in France, or with branches in Europe. As a result of learning a third language, I gained more competence and confidence to communicate with people from France or from other French speaking countries.