Instructions

BACKGROUND INFORMATION In the M1A1 Short Paper: Initial Ideas and Research for the Final Project, you conducted initial research on a developed and developing country of your choice. You were provided substantive feedback from your instructor. The feedback falls into two general categories, content and formatting. For this assignment, we will focus on the content-related feedback. PROMPT Review the instructor feedback from the Short Paper: Initial Ideas and Research for the Final Project and respond to the instructor comments. Heres the feedback Roderick: You have defined and comprehended the meaning and essence of this first paper and have covered all the elements in it. The information you have provided is accurate and supported by related citations that come from the sources you have in the references section. You have analyzed the data/information and have provided a good synthesis of your ideas from section to section and also have synthesized your ideas with those in the content. The following is a breakdown by category: Globalization refers to the shift toward a more integrated and interdependent world economy. Globalization has several facets, including the globalization of markets and the globalization of production. Two macro factors underlie the trend toward greater globalization. The first is the decline in barriers to the free flow of goods, services, and capital that has occurred since the end of World War II. The second factor is technological change, particularly the dramatic developments in recent years in communication, information processing, and transportation technologies Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world. The factors that contribute to the expansion of globalization is communication, transportation technologies, and information processing. These factors are so advance now than before. With the communication, the internet is a great source of communication. Globalization will continue to grow and intensify. Multi-national corporations will provide goods and services across the world, without the restraints of borders. This will pose a dilemma for more advanced economies to find new areas of growth, while losing crucial manufacturing jobs. Chapter 3 of your textbook discusses macropolitical and macroeconomic changes that are occurring worldwide (Hill & Hult, 2015). Democracy continues to spread throughout developing nations, yet some countries continue to rule under monarchies, communism, and other forms of government. As technology has continued to advance, the ongoing discovery of previously inaccessible minerals and other natural resources continues in developing nations, providing opportunities for significant economic changes within a country. So how does an organization that is considering expanding into the international market gain an understanding of the macropolitical and macroeconomic factors that may influence their decision on which markets to enter? Tasks: Utilizing the content-related instructor feedback provided to you in the Short Paper: Initial Ideas and Research for the Final Project, conduct the necessary follow-up research and analysis to thoroughly respond to the comments. Your response should be of sufficient length to ensure you have thoroughly answered the questions and concerns posed by your  instructor in their feedback.Ensure you support your responses with scholarly reference material.