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Chapter I Lesson 1: Understanding Globalization

Activity 1 News Report Critique
1. What is the main topic or issue discussed in the report?
1. The impact of COVID-19 on globalization
2. Research: How Cultural Differences Can Impact Global Teams
3. 'Peak oil' could be on the horizon, but new fossil fuel projects are pushing
ahead
2. Who are the stakeholders? (Identify the individual, country, or organization)
1. Asia, which was the center of the initial outbreak that spread from Wuhan
in China in early 2020. Eventually, COVID-19 had affected nearly every
country in the world to varying degrees. The impact of COVID-19 is a rapidly
evolving situation, and the situation can change over time.
2. A recent survey of employees from 90 countries found that 89 percent of
white-collar workers “at least occasionally” complete projects in global
virtual teams (GVTs), where team members are dispersed around the planet
and rely on online tools for communication. This is not surprising. In a
globalized — not to mention socially distanced — world, online collaboration
is indispensable for bringing people together.
3. In the U.S., much of the projected growth was concentrated in fossil fuel
hot spots such as the Permian Basin in Texas and New Mexico, and along the
Gulf Coast. The researchers found that the U.S. accounted for more than
one-third of projected global oil and gas expansion through 2050, the most
of any nation, followed by Canada and Russia.
3. What are the positive and negative aspects of globalization highlighted in the
report?
1. Globalization, which refers to the interconnectedness of countries and
economies, has both positive and negative aspects. While it has facilitated
the exchange of goods, services, and information, it has also allowed
diseases like COVID-19 to spread rapidly across borders. Trade and travel
have been recognized as significant determinants of the spread of disease.
Additionally, the rise in urbanization and the closer integration of the world
economy have facilitated global interconnectedness. Therefore,
globalization has emerged as an essential mechanism of disease
transmission. The consequences of a pandemic are not only defined in terms
of mortality but also by their impact on our daily livelihood and the
economy, with globalization accelerating this loss and costing billions in
expenditures. Pandemics affect the economy in terms of demand and
supply. On the other hand, COVID-19 has highlighted the importance of
global collaboration in addressing public health crises and the need to
strengthen healthcare systems and pandemic preparedness worldwide.
2. There’s a large body of scholarship examining the challenges of cross-
cultural communication and collaboration: A recent review of more than
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1,100 studies published over the course of 24 years in the Journal of

International Business Studies revealed that 95% of those studies focused on
the negative effects of team member differences. Similarly, much research
has shown that age, gender, or racial differences can complicate
interactions among team members. However, team member differences can
also be very beneficial for a team’s performance. Numerous studies have
shown that less homogeneous teams exhibit more creativity. Such teams
also consider more options, process facts more carefully, are less likely to
fall into the groupthink trap, and ultimately make better decisions.
3. Demand for fossil fuels is set to peak by the end of the decade, according to
a new projection from the International Energy Agency — but it might not be
enough to curb the worst impacts of climate change or outpace new fossil
fuel projects. “If renewables are being added on top of fossil fuels instead
of replacing fossil fuels, we’re not actually solving the climate crisis,” Kelly
Trout, research co-director at Oil Change International, said. “Every new
fossil fuel project around the world is incompatible with a liveable future.”
4. How does the report impact your understanding of globalization?
 Globalization refers to the increasing interconnectedness of the world
across economic, cultural, technological, political, and social dimensions. It
has both positive and negative effects, and its impact varies across different
regions and contexts. The effect of globalization was operationalized in
terms of mobility, economy, and healthcare systems. For example, the
mobility of individuals and its magnitude was assessed using airline and
seaport trade data and travel information. The economic impact was
measured based on the workforce, event cancellations, food and
agriculture, academic institutions, and supply chain. The healthcare
capacity was assessed by considering healthcare system indicators and
preparedness of countries.
5. How can different perspectives on globalization shape public opinion and policy
decisions?
 By utilizing a technique for order of preference by similarity to ideal
solution. It is crucial to work together globally to address public health
concerns because it raises awareness around the world. As countries adopt
different strategies to control the COVID-19 pandemic according to their
means and resources. Additional information regarding healthcare responses
and workforce impact were analyzed by following news articles, health
department websites, WHO situation reports, and published peer-reviewed
articles.
References:
Shrestha N, Shad MY, Ulvi O, Khan MH, Karamehic-Muratovic A, Nguyen UDT,
Baghbanzadeh M, Wardrup R, Aghamohammadi N, Cervantes D, Nahiduzzaman KM,
Zaki RA, Haque U. The impact of COVID-19 on globalization. One Health. 2020 Dec
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20;11:100180. doi: 10.1016/j.onehlt.2020.100180. Epub 2020 Oct 13. PMID:

33072836; PMCID: PMC7553059.
Vasyl Taras, Dan Baack, Dan Caprar, Alfredo Jiménez, and Fabian Froese.
Research: How Cultural Differences Can Impact Global Teams. June 09, 2021,
https://hbr.org/2021/06/research-how-cultural-differences-can-impact-global-
teams
Nidhi Sharma. Sept. 14, 2023, 6:03 AM PST. 'Peak oil' could be on the horizon, but
new fossil fuel projects are pushing ahead.
https://www.nbcnews.com/science/environment/peak-oil-horizon-new-fossil-fuel-
projects-are-pushing-ahead-rcna104960