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Supply Chain Management > Conworld > Flashcards

Conworld Flashcards

1
Q

Tariffs and quotas regulate trade. T or F?

A

TRUE

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2
Q

Economic globalization is the increasing interdependence of world economies. T or F?

A

TRUE

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3
Q

Core countries usually work as labor for peripheral countries. T or F?

A

FALSE

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4
Q

In terms of trade, it matters to ensure the social, economic and environmental wellbeing of the marginalized. T or F?

A

TRUE

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5
Q

Globalization is only beneficial as it allows the development of countries. T or F?

A

FALSE

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6
Q

It is our responsibility as humans to take care of our resources, thus, we must practice sustainable development. T or F?

A

TRUE

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7
Q

Global cities give a competitive advantage in terms of jobs, income and
economic advancement. T or F?

A

TRUE

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8
Q

Agriculture plays a big role in ensuring food security. T or F?

A

TRUE

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9
Q

Modernization theory states that global stratification acts as a function of technological and cultural differences. T or F?

A

TRUE

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10
Q

Global cities are engines of globalization. T or F?

A

TRUE

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11
Q

Agriculture plays a vital role in maintaining food security. T or F?

A

TRUE

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12
Q

We should always be aware of what is happening around us as it helps us with decision making. T or F?

A

TRUE

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13
Q

In global income inequality, wealth inequality deals with the distribution of the country’s assets. T or F?

A

TRUE

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14
Q

Multiplier effect states that as economic activities increases, jobs and income decrease. T or F?

A

FALSE

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15
Q

Food security means you do not have the fear of starvation. T or F?

A

TRUE

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16
Q

Semi-peripheral countries have a close tie to the economic core. T or F?

A

TRUE

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17
Q

Peripheral countries often work as labor to core countries. T or F?

A

TRUE

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18
Q

Trade liberalization means easer movement of goods from one country to another. T or F?

A

TRUE

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19
Q

Protectionism means the country protects its local products by imposing tariffs and quotas. T or F?

A

TRUE

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20
Q

Global cities promote diversity in culture. T or F?

A

TRUE

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21
Q

Globalization allows for connections among people, communities, and countries all over the globe. T or F?

A

TRUE

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22
Q

Fertility rate is the average period that a person may expect to live.T or F?

A

TRUE

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23
Q

The literature on the definitions of globalization revealed that definitions could be classified as either (1) broad and exclusive or (2) narrow and inclusive. T or F?

A

FALSE

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24
Q

No matter how one classifies a definition of globalization, the concept is complex and multifaceted as the definitions deal with either economic, political, or social dimensions. T or F?

A

TRUE

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25
Q

Globalization is not changing as the society develops. T or F?

A

FALSE

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26
Q

Globalization can be influenced by the people who define it. T or F?

A

TRUE

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27
Q

Liquidity and solidity are in constant interaction. T or F?

A

TRUE

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28
Q

Globalization has played a tremendous role in providing a context for the current revival and the resurgence of religion. T or F?

A

TRUE

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29
Q

Our basic human need to make our lives better made globalization possible. T or F?

A

TRUE

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30
Q

Cultural imperialism is the blending of elements from different cultures. T or F?

A

FALSE

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31
Q

Globalization helps to increase greater religious tolerance. T or F?

A

TRUE

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32
Q

Dependency ratio is the number of people who are too young or too old to enter the work force. T or F?

A

BONUS

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33
Q

Heterogeneity refers to the increasing sameness in the world as cultural inputs, economic factors, and political orientations of societies expand to similarity create common practices, same economies, and similar forms of government. T or F?

A

FALSE

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34
Q

Globalization is a short-term cyclical process and thus, finding is origin will be a hard task. T or F?

A

FALSE

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35
Q

Metaphors of Globalization?

A

*Solid
*Liquid
*Flows

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36
Q

Global Migration-Country Losing People (Advantage)

A

*Money
*Decrease pressure
*new skills

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37
Q

Global Migration-Country Losing People (Disadvantage)

A

*Reduce potential work force
*Gender imbalance
*Brain drain

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38
Q

Global Migration-Host Country (Advantage)

A
  • Richer culture
  • Reduce labor shortage
  • Low skilled, Low paid
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39
Q

Global Migration-Country Host Country (Disadvantage)

A

*Cost increase
*Overcrowding
*Disagreements

40
Q

Different perspectives on the origin of globalization

A
  • HARDWIRED
  • CYCLES
    *EPOCH
    *EVENTS
    *BROADER MORE RECENT CHANGES
41
Q

Always put an effort in addressing challenges all around the world

A

UNITED NATIONS

42
Q

“the process of world
shrinkage, of distances getting shorter”

A

Thomas Larsson

43
Q

it is a period of time when there is a prevailing sense of inter connectedness, of all human beings, of a common fate tor human species and of threat to
its life on this Earth. (Albrow, 2012)

A

Global Age

44
Q

Globalization is
important, if not, the “most important”

A

Bauman, (2003)

45
Q

What is Globalization

A

Multiple processes - because it cannot be contained within a specific time.

46
Q

describes the opportunity by which the people or factors behind a certain development in a country benefit as well

A

Broad and Inclusive

47
Q

exclusivity is the restriction or the limitation within
a group, area, or people

A

Narrow and exclusive

48
Q

wrote that definitions suggest the perspective of the author on the origins and the geopolitical implications of globalization.

A

Al- Rhodan (2004)

49
Q

it is complex, multifaceted , and can be influenced by the people who decline it.

A

Shifting in Nature

50
Q

refers to barriers that prevent or make difficult the
movement of things

A

Solid

51
Q

refers to the increasing of movement of people, thing, information, and places in the contemporary world

A

liquid

52
Q

Movement of people, things, places, and information brought by growing “porosity” of global limitations ( Ritzer, 2015)

A

flows

53
Q

increasing sameness m the word as cultural inputs, economics and political orientations of societies expand to create common practices same economies, and similar form of government.

A

Homogeneity

54
Q

various cultural practices,
new economies, and political groups because of the interaction of elements from different societies in the world.
(cultural hybridization)

A

Heterogeneity

55
Q

that cultures are essentially different and are only superficially affected by global flows.

A

Cultural differentialism

56
Q

the integration of local and global culture Cultural

A

Cultural hybridization

57
Q

approach stresses homogeneity introduced by globalization

A

Cultural convergence

58
Q

Spread information, New idea, challenge the religion

A

Globalization of Religion

59
Q

( wiling todo) - Ancestors m Africa, Late ice Age

A

Hardwired

60
Q

Disappear and Reappear that’s why it is hard to pin point because of the cycle

A

Cycles

61
Q

started with a new beginning
* Globalization of religion
* European colonial conquest *Intra - European wars
*post - World War lI period
*post -cold war period

A

Epoch

62
Q

Several events in history

A

Events

63
Q

Three notable changes:
*The emergence of the united state as the global power
* The emergence of multinational corporations (MNCs)
*The demise of the soviet union and the end of the cold war

A

broader, more Recent changes

64
Q

global demography (demo)

A

people

65
Q

global demography (graphos)

A

illustrate to draw or measure

66
Q

an age-population ratio of those typically not in the labor force and those typically in the labor force

A

Dependency ratio

67
Q

reduction in mortality rates observed in the nineteenth century, characterized by smaller fluctuations in death rates compared to previous periods.

A

Mortality decline

68
Q

Increasing population of people

A

Population explosion

69
Q

the minimum age or stage of life required by law for a person to work

A

working age

70
Q

the average period that a person may expect to live.

A

life expectancy

71
Q

the ratio between the number of live-born births in the year and the average total population of that year.

A

Birth rate

72
Q

the ratio of deaths to the population of a particular area or during a particular period of time, usually calculated as the number of deaths per one thousand people per year.

A

Death rate

73
Q

the number of children that would be born

A

Fertility rate

74
Q

the rate at which a disease or illness occurs in a population

A

Morbidity

75
Q

To know what policy need to imply

A

Policy implication

76
Q

Movements of people around the world

A

Global Migration

77
Q

Good and negative opportunity

A

push and pull factor

78
Q

Increasing interdependence of the world

A

Economic globalization

79
Q

2 types of economics

A
  • Protectionism - quotas and tariffs
  • Trade liberation - easier movement
80
Q

Social economic, environmental well - being of the marginalized

A

Fair trade

81
Q

Preservation of resources

A

sustainable development

82
Q

two factors of Globalization

A
  • Beneficial - gives us development and
  • Destructive - sometimes we forgot to protect
83
Q

Factories for mass production

A

Industrial revolution

84
Q

quickest possible way of producing large amount of products

A

Efficiency

85
Q

The two issues where they dont know what to address

A

economic and environmental issues

86
Q

The world has enough access to food

A

Global food security

87
Q

means an increase in one economic activity can lead to an increase in other economic activities

A

Multiplier effect

88
Q

wealth - net worth of a country assets and
income - new earnings distribution

A

Global income inequality

89
Q

Globalized economic system and competitive advantage

A

Global City

90
Q

are engines of globalization

A

Global cities

91
Q

global stratification as a
unequal distribution
Function of technological and cultural differences

A

Modernization Theory

92
Q

Characteristics of global city

A
  • several multinational Corporations
  • financial headquarters, stock exchange
  • diversity in language, culture
  • major manufacturing centers
  • international significance
93
Q

Columbian Exchange

A

Spread of goods, services, technology, etc.
-America and Europe
- Christopher columbus
- Industrial revolution

94
Q

High income

A

Core

95
Q

tie to economic core

A

semi peripheral

96
Q

lowest for the work core country

A

peripheral

Supply Chain Management (8 decks)

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