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It is difficult to find a clear definition of the term 'globalisation' but it is clear that it is associated with particular characteristics; the following is a list of some of those characteristics:

  • Growth in technology
  • Capitalist or market economic systems
  • Corporate expansion
  • Trade issues
  • Poverty and inequality
  • Impact on the environment
  • Communication
  • Brand expansion and recognition
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Saturday, September 29, 2007
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swati
Tuesday, July 22, 2008 8:42 PM
good. describe more.
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Ecotourism, also known as ecological tourism, is a form of tourism that appeals to ecologically and socially conscious individuals. Generally speaking, ecotourism focuses on volunteering, personal growth, and learning new ways to live on the planet. It typically involves travel to destinations where flora, fauna, and cultural heritage are the primary attractions. Responsible ecotourism includes programs that minimize the negative aspects of conventional tourism on the environment and enhance the cultural integrity of local people. Therefore, in addition to evaluating environmental and cultural factors, an integral part of ecotourism is the promotion of recycling, energy efficiency, water conservation, and creation of economic opportunities for the local communities
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Saturday, June 28, 2008
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It is a component of an enterprise that (a) provides products and services within a particular economic environment and (b) that is subject to risks and returns that are different from those of components operating in other economic environments.
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Saturday, April 26, 2008
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It is part of total comprehensive income but is generally excluded from net income. Prior to SFAS 130, these three items-foreign currency translation adjustments, minimum pension liability adjustments, and unrealized gains or losses on available-for-sale investments-were disclosed as separate components of stockholders' equity on the balance sheet. Under SFAS 130, they are to be reported as OCI. Furthermore, they must be reported separately, as FASB decided that information about each component is more important than information about the aggregate. Later, net unrealized losses on SFAS 133 derivatives were also included in the definition of OCI. The intent of SFAS 130 was that "if used with related disclosures and other information in financial statements, the information provided by reporting comprehensive income would assist investors, creditors, and other financial statement users in assessing an enterprise's economic activities and its timing and magnitude of future cash flows."
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Saturday, April 26, 2008
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Monday, March 17, 2008
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One of the main concerns about expanding rates of economic growth focuses on the effects of congestion, pollution and carbon emissions on the environment. Economic growth in China and India raises fears that the resulting environmental damage could have serious impacts on us all. Other observers say that it is hypocritical for those in the developed world to preach to those trying to develop their economies.Economic growth is the loss of ancient ways of life and cultures. As countries industrialise, natural resources can be lost as more land is sought. The loss of huge areas of the Brazilian rainforest to cattle-ranching is an example of this effect.

Other adverse effects could be

  • The 'one size fits all' view of economic development prevents subtle differences in the routes chosen to development.
  • The search for faster economic growth may prevent countries concentrating on social goals such as care for the elderly or children.
  • The acceptance of materialism as a general goal in life.
  • The homogenised global culture that some observers say has arisen.
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Saturday, September 29, 2007
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