English Language Learners Research Paper Example | Topics and Well Written Essays - 3250 words

English Language Learners - Research Paper Example This essay discusses that when one viewed the wealth of materials regarding the topic ‘English Language Learners’ from the online search medium, one would be awed at the magnanimity of results amounting to more than 16 million in various informational categories. The fact signifies the extensive interest on the topic manifested by an array of practitioners and users, especially in the field of education. This area of education would thereby be more explored in the current research to proffer pertinent details that led to the development and continued focus on English Language Learners (EELs) in the contemporary academic setting. This area is chosen to enhance one’s awareness on the subject of interest and thereby enable one to share the knowledge, including crucial information to assist and guide other ELLs that one would potentially interact with in the near future, specifically in terms of improving learning outcomes. The discourse would initially present the de finition of key terms, evolution, historical development and continued growth within this area of academic discipline. Likewise, one would determine current legislation that shapes it in contemporary times; in conjunction with expounding on the best practices related to curriculum and instruction utilized in English as the Second Language (ESL) setting. In addition, one would also identify and describe specific technological applications and future trends that influence and affect English Language Learners (ELLs). ... 1). On the other hand, the National Council of Teachers of English (NCTE) differentiated analogous terms such as ELL, ESL (English as Second Language), LEP (Limited English Proficiency) and EFL (English as Foreign Lanuage), as summarized in Table 1 below: Table 1: Definitions of Key Terms KEY TERMS DEFINITIONS ELL (English Language Learner): an active learner of the English language who may benefit from various types of language support programs. This term is used mainly in the U.S. to describe K–12 students. ESL (English as a Second Language): formerly used to designate ELL students; this term increasingly refers to a program of instruction designed to support the ELL. It is still used to refer to multilingual students in higher education. LEP (Limited English Proficiency): employed by the U.S. Department of Education to refer to ELLs who lack sufficient mastery of English to meet state standards and excel in an English- language classroom. Increasingly, English Language Lear ner (ELL) is used to describe this population, because it highlights learning, rather than suggesting that non-native-English-speaking students are deficient. EFL (English as a Foreign Language)Students:nonnative- English-speaking students who are learning English in a country where English is not the primary language. Source: (National Council of Teachers of English (NCTE), 2008, p. 2) Historical Development The origin of instruction to ELL was actually traced as early as the 1600s and 1700s when some states were reported to establish private and public schools with bilingual education regulations during the European colonization of the United States

Compilation Report Essay Example for Free

Compilation Report Essay We have compiled the accompanying balance sheet of Proli Footwear, Inc. as of December 31, 2014, and the related statements of income and retained earnings and cash flows for the year then ended. We have not audited or reviewed the accompanying financial statements and, accordingly, do not express an opinion or provide any assurance about whether the financial statements are in accordance with accounting principles generally accepted in the United States of America. Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America and for designing, implementing, and maintaining internal control relevant to the preparation and fair presentation of the financial statements. Our responsibility is to conduct the compilation in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants. The objective of a compilation is to assist management in presenting financial information in the form of financial statements without undertaking to obtain or provide any assurance that there are no material modifications that should be made to the financial statements. Management has elected to omit substantially all of the disclosures and the statements of cash flows required by accounting principles generally accepted in the United States of America. If the omitted disclosures and the statements of cash flows were included in the financial statements, they might influence the users conclusions about the Companys financial position, results of operations, and cash flows. Accordingly, these financial statements are not designed for those who are not informed about such matters.

Necessity of Parental Spiritual Leadership

Necessity of Parental Spiritual Leadership In this paper, I will show why I believe the parents are to be the primary spiritual caregivers of their children. I believe that there is more than just personal preference deciding who should train children spiritually. This has been a topic of much discussion and one that needs to be brought to the attention of parents. Parents in North America have largely left the spiritual raising of their children up to the church. This is why there are many children and family pastors. I believe that the churchs role is to support the parents in raising children spiritually. It would help to begin by defining some terms. When talking about spiritual leadership, what then is meant? Spiritual leadership is quite simply leadership that is spiritual. Leadership is the act of leading a group of people. This can be by taking somebody from one place and moving them to another by being an example and correcting should the need arise. Spiritual leadership takes the idea of leadership one step further by making it about leading somebody spiritually. What then isÂÂ   meant by spiritual in spiritual leadership?ÂÂ   Spiritual pertains to the realm of religion. In this paper, spiritual will refer to the leading and following of Jesus Christ. Now that spiritual leadership has been defined who can be spiritual leaders? Spiritual leaders can be anybody who is farther along on the faith journey than the one theyre leading. This might include pastors, teachers, leaders, parents, older siblings, or older individuals in the church. In some cases, the spiritual lead er is younger than whom he is leading. Why do children need spiritual leadership? George Barna in his book on transforming children[K1], says that in order to have a proper relationship with God, children must be taught to obey Him.[1] Children need someone to guide them along this journey of life to becoming more like Christ. They need someone to teach them the things of God. They will not and cannot do that on their own. They are in dire need of someone to guide them who is more spiritually mature than they are. What does spiritual leadership have to do with families? Moses wrote in Deuteronomy chapter 6 These words, which I am commanding you today, shall be on your heart. You shall teach them diligently to your sons and shall talk of them when you sit in your house and when you walk by the way and when you lie down and when you rise up.[2] These verses give a clear indication that children are to be taught the things of God by their parents. These words were spoken by Moses as a direct command from God. God was to be taught about by the parents all the time. There is a clear indication of this by the words when you sit, when you walk, when you lie down and when you rise up. One can infer that this is to be an every day, every week, every month, and every year occurrence. The Bible is clear where talks about parents teaching their children. Does spiritual leadership need to come from the family or can it come from somewhere else? The two locations that spiritual leadership can come from is the family or the church. The church is a great place for Spiritual leadership come from because of the amount of knowledge that most leaders in the church have. On the other hand, a family is also a great place for it to come from because; there is the sheer amount of time that they are with their children and the built in trust the children have for their parents. The question is, is the church and the family equal in terms of training or is one better than the other? When the church leads spiritually, there can be much benefit to the children. Reggie Joiner believes that, The church is a critical part of Gods divine strategy to demonstrate His redemptive story to the world.[3] Over the years, since its inception, the church has perfected the art of teaching. It has designed strategies to guide children into the knowledge of Jesus Christ. The church has specific vacation strategies called VBS, Vacation Bible School, to get the gospel into the hearts of the boys and girls. Many boys and girls give their life to Christ at the VBS. These take place all around the world. George Barna said that, Most church-going parents are neither spiritually mature nor spiritually inclined and therefore they do not have the sense of urgency or necessity about raising their kids to be spiritual champions.[4] The church has picked up the slack of parents. This is why there are becoming more and more children and youth directors. Churches are realizing that parents are not doing their God-given responsibility to lead their children spiritually. Putting it quite simply when he said, while more than four out of five parents believe they have the primary responsibility for the moral and spiritual development of their children, more than two-thirds of them abdicate that responsibility to their church. Their virtual abandonment of spiritual leadership for their children is evident in how infrequently they engage in faith-oriented activities with their young ones.[5], George Barna identified the key problem in the lives of parents today. When children come to church they are taught by educators who have spent all week learning a lesson that they will teach to the children. This lesson has been specifically planned to aid in the spiritual development of the child.ÂÂ   The Sunday school teachers, many who have done this for many years, are teaching out of the experience and other things that they have learned. This teaching becomes concentrated in i ts Biblical content. A former childrens director Michelle Anthony stated what most workers in childrens ministry feel when she said, We desire that those in our care will have been spiritually formed by the time they leave our ministry.[6] It is this desire that drives the many childrens workers at churches around the world. All this so far seems well and good, but[K2] Barna figured out the problem with this church predominant teaching. He said, So, parents are happy, children receive some religious instruction and experiences, and the churches are serving people. This sounds like a wonderful win-win situation except for one issue: the approach is completely unbiblical.[7]ÂÂ   This leads to an improper view that the church should be the primary spiritual caregivers of children. They can have an influence, but[K3] should not be the primary. When parents make the decision to lead spiritually it can have the largest impact on their children.ÂÂ   Parents have the unique,opportunity to help them (kids) discover, access, and strengthen their (kids) trust and faith in Jesus Christ[8] as authors Powell and Clark correctly identified. Children are born into this world completely helpless. They cannot do anything on their own. As they begin to grow, they become attached to their parents. They look to the parents for guidance, support, and encouragement. Through this relationship that has been God-given, the parents can use this relationship to begin guiding their children to follow Jesus Christ. As George Barna specified, Spiritual development is a lifelong continual process. It is not to be practiced as a once a week routine[K4], but a 24/7 habit.[9] This is attainable by the parents and not the church. There are 168 hours in a week. 56 of those are designated as sleeping hours. Children spend approximately 40 hours in sch ool. This leaves 78 hours of the week that the children are neither sleeping nor at school. These 78 hours can be intentional hours that parents can use to guide their children spiritually. The church only gets probably 1 to 2 hours a week of spiritual influence over the children. Powell and Clark also stated so well that parents, model an unconditional, nonjudgmental, and ever embracing love in which our kids can do nothing that jeopardizes or even lessen that love.[10] Through this parents can show pragmatically to their children that nothing can drive the kids out of the family. The parents are modeling the same that is true in Gods family. Once they are a part of Gods family, nothing they can do is able to snatch them out of the Fathers hand.[11] Parents must not wait until children are in school to begin the spiritual training of their children. They can begin as early as when they bring them home from the hospital. By simply singing the song Jesus Loves Me, parents can begin the spiritual training of their children. This song speaks great theological truths. Jesus loves me this I know for the Bible tells me so. The children can know first off that Jesus loves them. Second, they can learn to trust the Bible. It is the Bible that accurately tells them the truth that Jesus loves them.ÂÂ   The parents are teaching[K5] though the song even before the child can speak. Children can know these truths from a very young age and all it begins with is the parent singing the song to them and they are imparting deep theological truth. The authors of Losing Your Marbles plainly state, If kids dont feel loved when theyre young, they may never love themselves in a healthy way.[12] This is very easily done by parents who can model the u nconditional love that God has for us. Parents can teach their children the love of the Father with the love that they have for their kids. It is kind of ironic that God describes himself as a Father. That is what sets parenting apart from anything else. God has allowed parents to take those young individuals and be able to mold them in accordance with His Word. Jesus welcomed the little children onto His knee. He still wants kids to be with him. In their book Sticky Faith Drs. Powell and Clark say that when kids come to the conclusion through failure or pain that theyre not in control of their faith and they lose interest in their faith, they are going to set that faith aside. Parents must help the kids discover the faith that doesnt fade by staying true to the words of Jesus. They wrote the children need to learn to trust in the one the Father has sent and live convinced that the only thing that counts is faith expressing itself through love.[13] Again, Michelle Anthony brought the important truth out when she said, As ministers of Christ, I believe our job is to simply hoist our sail far and as wide as we can and catch the wind of God. That sail is important, but not as important as the wind.[14] As parents deal with children day after day they will be able to see these areas where the Holy Spirit is moving and use that prompting to speak the truth of God into the kids lives. Even a simple thing like walking down the stree t, there are areas that parents can use to teach about Gods greatness. As the children hear about news articles, parents can use that as a jumping point to speak the truth. As the parents listen for Gods direction, they will be able to use random things that can happen every single day as teaching points. Its no accident that God directly told the parents in Deuteronomy to teach the things of God, when you sit in your house and when you walk by the way and when you lie down and when you rise up.[15] These words are very strong proof that it must be the parents that lead spiritually. The church is simply not in the kids lives often enough. In conclusion, there is nothing wrong with the church teaching children spiritually[K6], but they must not be the primary. The primary spiritual leadership needs to come from the parents. They have been called by God to fulfill this role. Often parents dont know where to start[K7], but, even just reading the Bible with their kids is a great place to start. Its no coincidence that God has placed children in a family and when someone receives Jesus as their Savior they become part of Gods family. The family is very important to God and that is why the parents can reach their children best. The book Think Orange underlying theme is that the parents are red; signifying their love for the children and the church is yellow, signifying it as a light in the world. It is only when both come together, red and yellow that you get orange. Rather than the church doing one thing and the parents doing another thing, if they work together they can attack two fronts. When you combine two influences, you amplify whats important[16] The best, and most ideal situation, is the family providing the primary spiritual leadership[K8], and the church coming alongside and augmenting the parents teaching with their own teaching. The churchs role is to evangelize the world. The parents role is to disciple and train their children as spiritual leaders. This is not a task that parents can approach half-heartedly, theyÂÂ   must daily rely on the Holy Spirit to guide them in this rewarding task. Annotated Bibliography Anthony, Michelle Dreaming of More For The Next Generation Colorado Springs, Colorado: David C. Cook, 2012 Boys and girls come to Sunday School every single week and every single week, sadly, boys and girls stop coming to Sunday School. This book explores the ideas of what could happen if boys and girls, entire families, learned about got together. Imagine what could happen to our world if this generation of Christians altered their mindset about the importance of disciple in children. If an entire generation continued to practice the things that they learned in Sunday school as kids. The change can happen and it starts with parents to taking their role of spiritual leaders seriously. Anthony, Michelle; Marshman, Megan 7 Family Ministry Essentials Colorado Springs, Colorado; David C. Cook, 2015 Ministry to families has become something of an important aspect in many churches today. No longer are specific leaders just ministering to kids but, there is a gradual shift towards the church providing something for the entire family. This book looks at 7 essential aspects related to ministering to families. The first aspect is essential to this report with its title being Empowering Family as Primary. The authors suggest that in one generation there could be a shift in the primacy of parents being the primary spiritual caregivers for kids. Recycling, seatbelts, and sunscreen have changed from obscurity to necessity in only one generation. Think what could happen if we made this the prime thing we were teaching parents. Barna, George Transforming Children Into Spiritual Champions Ventura, California: Barna Research Group, Ltd., 2003 When it comes to raising boys and girls according to the word of God, George Barna leads the pack on championing this cause. He has done extensive research into reasons why children need to the number one priority in the church. He says that children need to be an investment by the church. With all the research that has been done, children are still influenced primarily by their parents. Even though churches do have an influence on children, the church is on the lowest tier of influence. Parents must rise up and take their place in leading their family spiritually. Joiner, Reggie Think Orange Colorado Springs, Colorado: David C. Cook, 2012 With the church averaging only 40 hours of a year to influence a child, compared to the 3000 that parents get, it only makes sense to have parents use that time to spiritually raise their children. The think orange philosophy is that when parents and the church work together, the spiritual training can be attacked on both fronts. Families being red, representing love and church being yellow, representing light, it is when those two combine you get orange. The author stresses that the parents voice needs to be the strongest in a kids life. The parents need to matter more than their friends, more than a coach, and more than the world. This book, if properly utilized, could change the church today, because it changes families. Joiner, Reggie; Hansen, Elizabeth; Ivy, Kristen Losing Your Marbles Cumming, Georgia: The reThink Group, Inc., 2013 Reggie Joiner weaves the tale of a boy named Simon and his quest to do the right thing at school. This book takes a look at one week out of out of Simons life and the massive changes that can take place in strictly one week. Flipping the book over, Joiner stresses that kids need six things repeatedly in their lives to make a difference. When these six things are done by parents, they can make lasting changes in their childrens lives. The six things are time over time, love over time, words over time, stories over time, tribes over time, and fun over time. These six things done over time, show children that they matter and in these parents can speak spiritually into their kids lives. Newheiser, Jim Parenting is More Than a Formula Philipsburg, New Jersey: PR Publishing Company, 2015 This book is written as an encouragement to parents that sometimes the best parenting doesnt follow strict rules. A key portion of the book is on the parental duties as directed from scripture, with the following section on responsibilities of the child for the choices that he makes. This book hits the nail on the head when it points out the very important high point that its only by Gods grace our kids can be saved. Powell, Kara E.; Clark, Chap Sticky Faith Grand Rapids, Michigan: Zondervan, 2011 This book explores the relationship between children who are raised in the church who is that walk away from it as they get older. The numbers speak of 50% of kids walking away from their faith, their faith does not stick. The essential leading factor with the decision to stay or leave the faith is the influence that parents have on the kids. The authors write that as children get older they need to have developed faith for themselves otherwise, it will not stick and they will walk away. In order to make Faith stick, parents must have conversations with their children about spiritual things throughout the week and not only on Sundays. [1] George Barna, Transforming Children Into Spiritual Champions (Ventura, California: Barna Research Group, Ltd., 2003), 61 [2] Deut. 6:6-7 (NASB) [3] Reggie Joiner, Think Orange (Colorado Springs, Colorado: David C. Cook, 2012), 36 [4] George Barna, Transforming Children Into Spiritual Champions (Ventura, California: Barna Research Group, Ltd., 2003), 111 [5] George Barna, Transforming Children Into Spiritual Champions (Ventura, California: Barna Research Group, Ltd., 2003), 109 [6] Michelle Anthony, Dreaming of More For The Next Generation (Colorado Springs, Colorado: David C. Cook, 2012), 29 [7] George Barna, Transforming Children Into Spiritual Champions (Ventura, California: Barna Research Group, Ltd., 2003), 114 [8] Kara E. Powell and Chap Clark, Sticky Faith (Grand Rapids, Michigan: Zondervan, 2011), 37 [9] George Barna, Transforming Children Into Spiritual Champions (Ventura, California: Barna Research Group, Ltd., 2003), 116 [10] Ibid. [11] John 10:29 (NASB) [12] Reggie Joiner, Elizabeth Hansen, Kristen, Losing Your Marbles (Cumming, Georgia: The reThink Group, Inc., 2013), 47 [13] Kara E. Powell and Chap Clark, Sticky Faith (Grand Rapids, Michigan: Zondervan, 2011), 36 [14] Michelle Anthony, Megan Marshman, 7 Family Ministry Essentials )Colorado Springs, Colorado; David C. Cook, 2015), 121 [15] Deut. 6:6-7 (NASB) [16] Reggie Joiner, Think Orange (Colorado Springs, Colorado: David C. Cook, 2012), 134 [K1]comma [K2]comma [K3]comma [K4]comma [K5]awkward sentence [K6]comma [K7]comma here instead [K8]comma

My Teaching Philosophy Statement :: Education Teachers Essays

My Teaching Philosophy Statement If asked at age 18 if I wanted to become a teacher, I would have answered with an emphatic, â€Å"No.† However, in the past few years my opinions have changed drastically. Growing up with two educators in my household, I decided that I was going to be the different one. I had seen first-hand all the after-school hours required not only to grade papers, but also to organize and create a learning environment that was challenging and stimulating. I would opt for a different career that was less demanding physically, emotionally, and more financially beneficial. Besides, I had made up my mind that I wasn’t going to â€Å"squander† all of my hard-earned money on the many labs that my Dad prepared or the props that my Mother used to â€Å"hook† students in to learning. I wanted to be extremely affluent, and at the time, to me, teaching was not going to fill my financial cup. When first entering college, I changed my major numerous times; bound and determined not to follow the teaching path. However, while in for my spring break from college on year, my focus changed when I visited my mother’s kindergarten classroom. This excursion was unlike any of my previous ones. I noticed how much fun her students were having, and how eager they were to learn. These children were so considerate and innocent, and when I left them that day every single one of them hugged me as I was on my way out the door. This innocent gesture made me relish the sweetness of their spontaneity and uninhibited gratitude for any affection or attention that I gave them. I visited my mother’s classroom every day that week; I helped children with their journals, assisted with phonemics awareness, and played with them outside at recess. When I left that final day it hit me: this is it. This is what I want to do for the rest of my life. In that one week, I had fallen in love with that kindergarten class, and the profession that I had adamantly fought against for years was the one that I could not wait to be a part of.

Senior Citizens Should Give Retirement to Family to End Recession :: Economics Economy

Retirees over the age of sixty two in the United States are estimated by an independent financial survey to be sitting on over one trillion dollars in total assets. That money mostly lies in financial institutions gathering interest while needy family members suffer impatiently waiting for the day when it will be their inheritance. But not all seniors are that callous, they give away their money to loved ones before they die. There is no better way for the elderly to show that they care. Those that do can enjoy the pleasure of watching their money being spent. It is a joy that they would never experience if they waited until their death. The country is in a recession that could be ended by an influx of spending money. The economic stimulus money that will be received by tax payers during the summer months will help but it is not enough. More money is needed. The economy would improve and the recession ended if the trillion dollars held by seniors was spent. It is up to them to end the recession in a loving way. Immediate handing over of their unneeded assets to loved ones would cause a spending spree the nation has never witnessed before. It would put the unemployed back to work and end home foreclosures. I am sure if our elderly realized their power to help they would quickly respond. I had a close friend who suffered with a nervous disorder all of his life. He lived with the help of a government welfare program which just gave him enough to survive. His parents were millionaires in the real estate business and owned at least twenty apartment houses. They let their son live rent free in one of them. But they gave him nothing more. I spoke with him many times over the years and listened to his complaints. He had little to eat and was lonely. The only hope he had was that one day his parents would die and leave him with their millions. They both were dead when he reached the age of seventy two but the money was left to his two sisters and their children. All he inherited was the right to continue living rent free. I never witnessed such cruelty. Many seniors are sitting on more money than they need while family members no longer living with them are destitute or have financial problems.

Women’s New Role Essay -- Essays Papers

Women’s New Role In coming to understand what it meant to be a girl I was affected by my era, women’s sports, and the place that I was raised, as much as the independent feminist spirit that my mom was exposed to and possessed. My mother’s mom raised her to believe and accept the traditional female role. My grandmother put emphasis on the women staying home and existing solely as a support system for the man. She found comfort and security knowing that it was the man’s burden to â€Å"bring home the bacon.† My mother, however; was influenced by the time and took it upon herself to take care of herself and make her own money. At a young age she along with many other women of her time wanted to rebel against the expected role and thus have a more fulfilling life. Family and children were an important priority for her but she felt strongly that she could do more. Her parents had a wonderful and loving relationship but her father had three massive heart attacks at age 42 a nd was not suppose to live a year. My mother was one of the oldest of eight children and was well aware of her mother’s very frightening predicament. This aforementioned life experience and her inherent desire to educate herself made her believe that women could do more. My mother did want to marry but wanted to be in the marriage because she wanted to not because she had to stay in an unpleasant situation. She wanted to make it on her own. She did not want a man to control her and most of all to tell her what to do. Her competitive drive for success in the business world was luckily passed on to me and gave me the confidence and perseverance that I need to get through life. My mother taught me that I was a woman, so things may be harder and that I must never e... ...s influential as my role models on the women’s US national team. They all gave me the courage and confidence in myself as a woman. Today I am happy to see that women are coming together and trying to inspire each other to take on the world. By simply typing in â€Å"Women Role model† in goggle I found several sites for women engineers, doctors, and writers trying to make something out of their lives. I was happy to see that someday when my daughter is trying to pursue her dream that she will have options because of the risks these women took. And I will be proud to be able to say that I was one of those women. Work Cited Dorance, Anson. Telephone interview. 29 May 2003. Gonzales, Monica. Personal interview. 30 May 2003. Hamm, Mia. Go for the Goal. HaperCollings. NY 1999. Lilly, Kristine. Personal interview. 30 May 2003. UNCtarheel.com.May 31 2003.

Evolution of Globalization Essay

The term globalization denotes â€Å"globe† as a single market. Product presence in different Markets of the world. Production base across the globe. Human resources from all over the world. International investment Transaction involving IPRs. The advent in ICI(information, communication and technology) Rapid economic liberalization of trade and investment The mobility of people and transactional moves The reach of satellite channels, internet etc. CONCEPT OF GLOBALIZATION IMF defines globalization as â€Å" The growing economical interdependence of countries worldwide through increase in volume and variety of cross border transactions in goods and services and of international capital flows and also through the more rapid and wide spread diffusion of technology† Charles Hill defines globalization â€Å"it is a shift towards more integrated and interdependent world economy† It has two components 1. Globalization of markets 2. Globalization of production Globalization refers to the free cross border movements of goods and services, capital, information and people. It is the process of creating network connections among the actors of multinational distances mediated through a variety of flaws. Westernatization, wallmartization, Americanization, Mcdonalization, disnaffication, coco-colonization FACTORS AFFECTING GLOBALIZATION/ DRIVERS OF GLOBALIZATION establishment of GATT(General Agreement of trade and tariff) and WTO regional integration NAFTA, ASZN, European union, SAARC, OPEZ, European integration declining trade barriers-tarrifs and quotas growth in foreign direct investment advancement in technology emergence of international monetary fund. COMPONENTS OF GLOBALIZATION 1. Globalization of markets 2. Globalization of production 3. Globalization of investment 4. Globalization of technology Globalization of markets: integrating and merging as the world market a s single market. Features: Size of the company Market for non-consumer goods, industrial goods and financial goods. Different strategies required for different markets Reasons for globalization of markets Large scale industrialization and mass production To reduce the risk and to diversify the portfolio. To increase the profit The failure of domestic companies Adverse business environment Globalization of production: Reasons Cheap raw materials, cheap labour and high quality Imposition of restriction on imports Reduce the cost of transportation Globalization of technology: Revolution in telecommunication, information technology and transportation technology ADVANTAGES / DISADVANTAGES OF GLOBALIZATION ADVANTAGES Free flow of capital, tecnology etc Increase in industrialization Spread of production facilities Balance development of world economics Increase in production and consumption Commodities with lower price and high quality Cultural exchange Demand for variety of products Increase in job and income High living standards Balance human development Economic liberalization DISADVANTAGES It kills domestic business Exploit human resources Leads to unemployment and under employment Decline in income Transfer of natural resources National sovereignty at country stake. Leads commercial and political colonization The divide between the rich and the poor The developing and under-developing countries Unemployment and mass layoff Adverse balance of payment Volatile of markets Loss of cultural identity Shift of power to multinationals Effects of globalization The globalization may be defined as the process of integration and convergence of economic, financial, cultural and political system across the world ECONOMIC GLOBALIZATION international trade, investments and capital flaws integration of economics cross border movements of goods and services, technology and capital. FINANCIAL GLOBALIZATION liberalization of capital movement deregulation of financial systems cross border capital flows listing in international changes. CULTURAL GLOBALIZATION It is the convergence ofculure POLITICAL GLOBALIZATION After the world war 2, the convergence of the political system The response strategies to globalization forces for emerging companies DEFENDER The pressure to globalization is low Understands the home market or the strength lies in deep understanding of the market or their competition assets are customized to local market. The company should adopt defensive strategy that focuses on leveraging the local assets in the market segment where internationals are weak eg: Videocon washing machine introduced semi automatic machine EXTENDER where the industrial pressure to globalization is low. They possess competitive skills and assets that can be transferred abroad Companies can focus on expanding to markets similar to home basic using competencies developed at home. Ex: haldiram DODGER where the industry pressure to globalization is very high. To compete in industries with globalization pressure is highly difficult situation for local companies. CONTENDER High pressure to globalize and transferrable abroad and competitive advantage that can be leveraged overseas by upgrading the capabilities and resources.