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Conduct research about three constructs that are driving some far-reaching social, political and economic issues that affect ‘business’ and ‘societies’.
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These are GLOBALIZATION, GLOCALIZATION and GROBALIZATION. •What are the common definitions of these constructs? How do they differ? What are some of the key issues that have been associated with these constructs? Also, research the construct named MCDONALDIZATION by George Ritzer (University of Maryland). •What is it? •What effects (positive and negative) has it had on societies? •What effects has it had on business strategies around the world? Submit your results by the due date.
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