Theories of Globalization Are Diverse in Their Explanations

question 22

Essay

Theories of globalization are diverse in their explanations. However, they all agree that the countries, economies, and people of the world are increasingly tied together. Choose two theories of globalization and explain the mechanisms they point to that tie the world together (i.e. economic, political, technological, etc…)

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Definitions:

Craft Shop Technology

Techniques and processes used in small-scale production environments, where goods are handcrafted or produced in limited quantities.

Customer Specifications

Detailed descriptions provided by customers outlining the specific requirements, features, or standards that a product or service must meet.

Small-Batch

Production processes characterized by the production of small quantities of goods tailored to specific customer demands or to test new markets.

Supply Chain Management

Strategically links all operations dealing with resource supplies.