2. The Importance of Global Communications in the World Today "In the Year 2025, all of the transportation modes will continue to play critical roles in the global economy, whether for transporting goods over long distances between nations or for shorter movements to and from intermodal terminals." Secretary Rodney Slater. Therefore, global communication competence becomes a critical ability for adjusting people to the demand of the 21. st. century. 5 Keys to Effective Multicultural Communication STRUCTURES OF GLOBALIZATION.pptx - Course Hero What Are the Benefits of Globalization? [Plus 4 Challenges] and evaluate each viability using the four factors of business … Communication - Wikipedia 1. Functions of the International Manager - CliffsNotes Functions Of Communication - The Four Major Functions 1. The channel. This raises the question whether opposition to globalization is also ideological, and how. Globalization. In 1960, Berlo published a text3 describing the perspective, which he developed to support a series of workshops conducted for the U.S. International Cooperation Administration.4 It draws heavily on an analogy comparing Economic globalization: Our primary measure of economic globalization is the relevant KOF sub-index, which is a composite measure comprising the following variables: trade (in percent of GDP); foreign direct investment (FDI) stocks (in percent of GDP), portfolio investment (in percent of GDP), income payments to foreign nationals (in percent of GDP), hidden import barriers, mean tariff rate . Even if they kept jobs local, the threat of sending jobs to a different, cheaper region overseas could be used to justify lower wages at home. What is Communication? - Definition & Importance - Study.com