from selling the culture of china to the world. It was focused on creating a positive image for the country. . (Hamelink, 2007) short essay on environment protection Conclusion Globalization is one of the most recent phenomena that have brought the world to a global village. I dont like the idea of government bailout, because the government is using my money to help out greedy bankers. . Somebody made a lot of money leading up to this crisis and they should pay for it at least the government should make them. As the loans originated with the intent to distribute, instead of with the intent to hold, lenders began making incredibly risky loans. But they did it anyway because there was nothing to lose. . The benefits of hiring and training employees with character and ethics have been shown to relate at an individual level to well being (Park, Peterson Seligman 2004 and at an organizational level to performance and leadership success (Sarros Cooper 2006). Beijing Olympics was expected to have a lot of impact on the course of development of China. For a long time, China has been closed up by socialist ideals. Second, the media was another factor that played an important role in globalization of China.
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The re-branding of made in china would have lasting implications on the products from the country and would attract more foreign investors. All these protests were aimed at denouncing the Communist regime and its crackdown of the Tibetans. . However, all these concepts cannot achieve their aim of linking different continents without the media. The Olympic games had a lasting impacted on real estate and the infrastructure that have opened up new commercial areas that might supports the development of the suburban residential areas in the future. The increased flow in direct foreign investment has also helped china to model an export oriented economy. In comparison also, the 2000 Sydney Olympic Games cost onlUS7 billion while 2004 Athens Olympic cost UUS15 billion. The main influence of the media lies in its ability to reach more people and compared to the other conventional way of communication. . In reference to China, there may be different images that have been created about the country by the media. . From, housing prices tripled. Hosting such a mega event like Olympic Games or other like a World Cup is important to a semi-peripheral state like China and it presents an underlying incentive to market itself to the world.
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