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Globalisation (Characteristics (Collaboration (Cooperation), instant…

- - - - Seclusion
- - - - e.g international flights
  - - - starbucks
      - Nike
      - adidas
      - Macdonalds
      - Kentucky Fried Chicken (KFC)
      - Apple
      - Walmart
      - Microsoft
      - Dell
      - google
      - Amazon
      - Alibaba
  - - - advancements in info-communication technology -> faster transfer of data, ideas across borders -> globalisation
      - advancements in technology -> convenient communication -> video calls, messaging
      - allows for communication of ideas
      - different countries can collaborate with each other and create opportunities for transportation of goods and people
- - - - Less developed countries
      - developing countries
  - - - Speed, Efficiency
        
        Point to point movement of people and goods
- - - - Better Company
      - Increase in GDP
    - - Increase in profits
      - Increase in revenue
  - - - Economic downturn
      - Decrease in GDP
    - - Profit loss -> restructuring
      - Bankruptcy / Decrease
    - - Loss of jobs (downturn)
      - pay cut/loss of wages
- - - - English
    - - Influence
        
        Local Culture
    - - Pros
        
        Better Understanding
        
        Better communication
        
        Unify the country -> build a sense of identity
      - Cons
        
        Dilution of local culture (tradition/culture)
        
        A need for adapting to the new culture by the new locals
        
        May cause tension to arise from the locals
    - - K-pop
        
        Hallyu Wave - BTS phenomenon
  - - - Rojak
    - - local cultures + other cultures are mixed
    - - Pros
        
        There can be a variety/diversity in cultures
        
        Respect and Acceptance
        
        Innovation + Creativity
      - Cons
        
        Loss of authenticity
        
        Tension will arise from the fusion (Traditionalist VS non-traditionalist
- - - - Dorscon: Orange
  - - - free up space for critical patients in public hospital
  - - - clinic $10 for cough, flu, fever
- - - - opening up private hospitals to accept more people so as to free up space in public hospitals
- - - - secularism-equality before law regardless of race, language and religion
    - - education
        
        have to attend adaptation classes to improve themselves in the french language and identity before they join regular french schools
        
        introduction of french values, cultures and traditions
      - employment
        
        french is the required language in the workplace
        
        many immmigrants are unemployed because of the discriminatory policies in companies
        
        Introduced in a diversity charter which allows companies to declare that they are discrimination fee
      - naturalisation policy was introduced in 1998
        
        became compulsory for all immigrants to attend compulsory french classes and civic education before getting permanent residence status
- - - - labour intensive industry/low-skilled
- - - - nurture Small medium enterprise
        
        Employment
        
        Complimentary role to Multi-national corporation
        
        Family-run -> Limited resources/ limited market share
        
        Lack of technical expertise
        
        Example
        
        Osim
        
        Razer
        
        Breadtalk
        
        Old Chang Kee
        
        offers 70% employment
    - - overseas extension
    - - Economic Cooperation
    - - Support Singaporeans during Economic crisis
        
        Tax and rental rebates
    - - Equip Singaporeans with skills
        
        (Skills-future)
        
        Competitive edge
        
        Relevant
    - - Diversify Economy
        
        Knowledge-based Economy
        
        Research and Development
        
        Biopolis
        
        A-Star
        
        Innovation
        
        Entrepreneurship
        
        Carousell
        
        High-skill
        
        Technology