Rule #1 The Katies
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The document discusses how globalization and the internet have impacted business. It notes that less than 10% of companies had an online presence 20 years ago, but today any company can go global online with bandwidth and capital. Outsourcing to other countries can help businesses provide 24/7 customer service and get work done more efficiently. Modern companies can be led by executives from different countries and use virtual teams from around the world to serve customers globally.
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Shaun and lasko rule 3
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Similar to Rule #1 The Katies
Linda, nevin, ryan
In a flat world, companies will either adapt to globalization or be left behind. Small companies are facing increased competition from large multinational corporations due to free trade. However, entrepreneurs no longer need to worry about constraints like money, resources, or geography thanks to the internet.
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The document discusses various topics related to globalization and competition, including:
- The biggest competition today is between companies and individuals' imagination.
- Society has no effect on diversity, concepts, and competition.
- Thomas Friedman got his ideas about globalization from his own observations and experiences rather than any single person.
- When Friedman says he is no longer a free-trader, he means he now believes free trade needs to be managed more carefully.
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Danny Tad Chris Questions
Marc Andreessen argued that "The pie keeps growing because things that look like wants today are needs tomorrow." Over 420 million people in China are well educated workers. Yankee Lakes opening night is April 29th. Today's unemployment rate in the US is 4.5%. The Lump of Labor theory is wrong because it did not help predict growth for the Microsoft company. David Ricardo was an English economist who made important contributions to political economy and the economics of taxation and international trade. The truck in question has a 35 inch lift.
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This document contains a questionnaire that asks several multiple choice questions about manufacturing, education, healthcare, and technology. The questions cover topics like whether other countries steal ideas from the US, the percentage of the population that worked on farms historically versus today, whether upgrading education can help trade, reasons why healthcare may be cheaper in other countries, and the accessibility of Google.
Mc Farland Studer
The document discusses several topics related to economics and employment including:
1) The number of low-skilled workers after a trade pact between China and America.
2) The percentage of the population involved in food production.
3) The current US unemployment rate.
4) Reasons why some knowledge workers may need to change jobs or fields.
Dawson Jason Question
The document contains multiple choice clicker questions about unemployment rates, economic education levels of countries, commercial success of innovations, historical U.S. employment in agriculture, affordable healthcare in India, and the fate of a dog. The questions cover topics in economics, history, business, and general interest.
Dawson Jason Question
The document contains multiple choice clicker questions about unemployment rates, the most educated economy, commercial success of inventions like Windows and Viagra, historical American employment in agriculture, affordable healthcare in India, and the fate of Hamilton's new dog.
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The document contains multiple choice clicker questions about unemployment rates, the most educated economy, commercial success of inventions like Windows and Viagra, historical American employment in agriculture, affordable healthcare in India, and the fate of Hamilton's new dog.
Chris and brandon
The document discusses how small companies can succeed globally by acting bigger than they are through leveraging new tools and taking advantage of opportunities presented by globalization, though it is unclear how specifically as the suggestions range from learning from others to stealing ideas and lying. It also touches on the role of imagination and friends in business success but provides no clear insights.
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The document discusses competition and imagination. It states that the most important competition is between an individual and their own imagination. As the world becomes more connected, individuals and small groups can compete globally by making more money. Companies that thrive will create environments where their employees can stretch their imagination.
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Shaun and lasko rule 3
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Zzznicholeandsteve
The fourth rule of how companies cope with globalization is for big companies to act small and small companies to act big. McDonald's is given as an example of this rule, with large companies "acting small" meaning adapting to customer demands. The founder and chairman of Starbucks is Howard Schultz, and companies that were paying attention witnessed the birth of the new global economy. Internet stocks grew rapidly when the dot-com bubble peaked in the late 1990s.
Leah Maria Steven Clicker Test
After World War 2, America integrated a broken Europe and Japan into the global economy, growing its economy to include over 25,000 additional people. As a result of agricultural industrialization over the past 150 years, less than 2% of Americans now work in agriculture, compared to 90% in the past. While factory jobs may be limited, there is no limit on the number of idea-generated jobs in the world, such as business and human relations roles.
Shaun And Nick Clicker Quiz
The document discusses various topics related to economics and trade. It addresses who developed the theory of comparative advantage, what the unemployment rate represents, how the supply of college-educated workers changed from the 1960s to 1980s, which company holds an annual dance party for search engine optimizers, the percentage of the population needed to grow food due to agricultural industrialization, the number of jobs created in Minnesota due to foreign outsourcing in 2003, and the accent Hammy does best.
Dave Tom Brandon Free Trade
David Ricardo developed the theory of comparative advantage, which holds that countries should concentrate their production on goods they can produce relatively more efficiently and trade for goods other countries produce more efficiently. The labor theory, which says labor is the sole source of value, is incorrect because it fails to account for technological progress allowing new goods and more efficient production methods. Around 150 years ago, approximately 90% of Americans worked in the agricultural industry, though that percentage has declined as nations industrialized and economies specialized through free trade. Western nations will compete with developing nations by moving into new, higher-skilled industries in order to create more jobs rather than relying on lower-cost labor.
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Rule #1 The Katies
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