Uploaded by bach.s034857

BAS5 - Group Essay Assessment (15%) - Hanoi

advertisement
1
GROUP
COVER SHEET
ASSIGNMENT
STUDENT DETAILS
Student name:
Bui Le Cong Thanh
Student ID number:
22003875
Student name:
To Tieu Man
Student ID number:
22003974
Student name:
Tran Nhan Thien Bach
Student ID number:
22004010
Student name:
Vuong Ngoc Kim Khanh
Student ID number:
22002458
Student name:
Duong Minh Tri
Student ID number:
22002413
UNIT AND TUTORIAL DETAILS
Unit name:
Business Academic Skills
Unit number: FOU104
Class day and time: Wednesday 12PM
Tutorial/Lecture:
Anna Loseva
Lecturer or Tutor name:
ASSIGNMENT DETAILS
Title:
Group Essay
Length:
1334
Due date:
Oct 25th 2022
Date submitted:
Oct 25th 2022
DECLARATION
I hold a copy of this assignment if the original is lost or damaged.
I hereby certify that no part of this assignment or product has been copied from any other student’s work or from
any other source except where due acknowledgement is made in the assignment.
I hereby certify that no part of this assignment or product has been submitted by me in another (previous or
current) assessment, except where appropriately referenced, and with prior permission from the Lecturer /
Tutor / Unit Coordinator for this unit.
No part of the assignment/product has been written/ produced for me by any other person except where
collaboration has been authorised by the Lecturer / Tutor /Unit Coordinator concerned.
I am aware that this work may be reproduced and submitted to plagiarism detection software programs for the
purpose of detecting possible plagiarism (which may retain a copy on its database for future plagiarism
checking).
Student’s signature:
Bui Le Cong Thanh
Student’s signature:
To Tieu Man
Student’s signature:
Tran Nhan Thien Bach
Student’s signature:
Vuong Ngoc Kim Khanh
Student’s signature:
Duong Minh Tri
Note: An examiner or lecturer / tutor has the right to not mark this assignment if the above declaration has not been
signed.
Western Sydney Vietnam Campus-BAS 5- Ha Noi
2
Group Essay Assessment
“Discuss the way in which the Covid pandemic may affect the globalization trend of the past
decades.”
Bui Le Cong Thanh- Duong Minh Tri-To Tieu Man
Tran Nhan Thien Bach-Vuong Ngoc Kim Khanh
Western Sydney University Vietnam
BAS-T322WSB-5: Business Academic Skills Unit
Anna Loseva
Oct 25th 2022
Western Sydney Vietnam Campus-BAS 5- Ha Noi
3
Topic: Discuss the way in which the Covid pandemic may affect the globalization trend of the past
decades
Over the past two years, the spread of the Coronavirus pandemic has brought challenges to
governments, organizations and citizens all over the globe. The Coronavirus epicdemic not only
brought threats to the world but also different changes to many aspects of the society, including the
trend of globalization in previous decades. This essay would take a look at the impacts that the
pandemic may have had on the past’s globalization trend in terms of technology, trade and economy.
Globalization is the process by which products, technology, information and jobs spread across
national borders and culture. In the business world, the phrase is used to refer to linked economies
characterized by free trade, the free movement of capital across nations, and simple access to foreign
access, especially labor markets, in order to maximize profits and benefit for the general welfare
(Lutkevich, 2021). Globalization is merely another term for internationalization in this context. The
globe grows more globalized as more nations and areas entangle themselves politically, culturally, and
economically. In Lutkevich’s article (2021), globalization is divided into 3 types: economic, political,
and cultural. These three types influence each other. Over the past decades, globalization trends have
been affected dramatically by Covid-19 pandemic, especially in terms of technology, trade and
economy. Because of the pandemic, people tend to rely much on technology by using more social
media, working from home,… compared to before. Moreover, experts concur that the Covid-19 issue
had a significant influence on the global supply chains that were interrupted on a worldwide scale
(Garofali, 2020, as cited in Tudorache, 2021), but also on how nations' border restrictions and
lockdowns have had a significant detrimental impact on international trade flows (Gruszczynski, 2020,
as cited in Tudorache, 2021).
The changes begin with the shifting uses of technology. The rise of online video conferencing makes
a noticeable difference in the way that people share experiences worldwide. Many countries have
brought out the stay-at-home policy and because of that, the educational setting was in serious danger.
Estimately, 300 million students’ study paths are damaged and their school activities are interrupted
(Zullerman et. al., 2021). Thanks to the development of online communication apps such as Zoom or
Google Meet, they have actualized the idea of online face -to-face learning, bringing the education
section back to life. In fact, Harvard University has applied this method of learning since April 2020
and already planned a hybrid program for the following year due to its effectiveness. (Çoban & Vardar,
2021). Granted, there are some downsides to the application of technology into teaching and learning.
Western Sydney Vietnam Campus-BAS 5- Ha Noi
4
One of which is the feeling of fatigue given by the online conferencing app itself, or to be more specific,
“Zoom Fatigue” (Yaman & Hocaoğlu, 2022). In Yaman and Hocaoğlu's article (2022), they defined
“Zoom Fatigue” as the feeling of tiredness after a meeting online through Zoom, but not exactly like
work fatigue or education fatigue. The cause of this is vague, no clear explanation has been given yet,
but one idea of why it is happening is the mechanism of mirror anxiety, when the camera act as a
mirror which reflects ourselves, affecting our mental as it triggers anxiety and depression (Gonzales
& Hancock, 2011, as cited in Yaman & Hocaoğlu, 2022). Even after the pandemic, these practices are
still in use by many universities. Evaluating the broader perspective of this, education nowadays is
deeply influenced by this method in both ways. The good way is the easy access, but the harsh reality
is that it deeply affects the way students perceive their choices and interests. One study in a Colombian
university showed that 69% of students who took this questionnaire interest have been influenced by
the way this university delivers knowledge remotely (Banki, 2021). According to Banki (2021), such
disengagement occurs when the lecturers and the students have less communication and less
interactions in an online environment, resulting in boredom and finally the loss of interest. This also
causes students to misunderstand and end up choosing the wrong passion. However, it is undeniable
how technology has opened up a new world of possibilities in education. Acknowledging the pros of
these apps, people can avoid the negative effects that it brings, accept it and enjoy the benefits that it
offers.
The pandemic context has also led to huge pressures on trade- an essential role in economic
development and activities. In the past 2 years, the Covid-19 pandemic has interrupted economic
activities and as a result, international trade plunged in 2020 but recovered sharply in 2021. While
total trade flows are now comfortably above pre-pandemic levels, trade impacts across specific
goods, services and trade partners are highly diverse, creating pressures on specific sectors and
supply chains ( OECDilibrary, 2022). To have a broader view of the impact of Covid-19 on trade,
import and export companies are familiar examples since the reasons for decreasing in import and
export was to deal with social distancing. When workers got sick or died because of the Covid-19
virus and they needed to be isolating themselves, the owner’s of those companies - firms would
delay or stop producing and devoting to avoid the contagion of the Coronavirus spread. As a result,
the national income fell gradually which led to the reduction of the demand for goods from foreign
countries. Meanwhile, Covid-19 affected domestic production when there were an enormous amount
of sick workers which created stagnation in the production of domestic goods and increased demand
for imports of foreign goods (Liu et al., 2022). Furthermore, Covid-19 pandemic also has a negative
impact on organizations in countries that rely on importing ever since these companies can not
Western Sydney Vietnam Campus-BAS 5- Ha Noi
5
import crucial materials to make products or export goods to earn revenue. Hence, the progress of
producing goods has been disturbed and resulted inefficiently due to the employees who were
infected by the Coronavirus and in the pandemic era, inadequate production capability in companies
has led to a downward trend in the exporting sector. Therefore, the demand for unprocessed
materials and semi- finished goods has also decreased. As a consequence, a decrease witnessed in the
flow of goods and a shortage of materials in countries by imports (Wang & Mo, 2022)
Not only did trade and technology were affected by Covid-19, the economy could be seen as one of
the most damaged aspects. Many industrialized countries are claimed to experience a decline of interest
and growth rate which are expected to be caused by medium term demographic and technology
development (Martins & Roeger, 2021). The fact that many people could not participate in production
activities due to social distancing had negatively affected both the government and citizens in many
areas. The reason could be compared with the “Domino effect”. To be specific, a huge number of
factory workers could not receive money to support the daily basis and governments did not have
products to export for money to pay for factories. The sharing economy would be negatively affected
by Covid-19 since many people started raising awareness against each other. In the past, Covid-19
would be considered an incurable disease which led to many concerns about how to avoid contact with
the virus. Citizens in some countries stopped sharing rooms with strangers and the sharing economy
was facing a plunge in its interest. For instance, a study aimed for recording how people felt about
Covid-19 when they shared accommodation indicated that perceived physical risk had a negative effect
on people's trust.
To conclude, the spread of the Covid-19 pandemic may have left various impacts on globalization's
trends that had been established for the last couple years. Social distancing policies have led to a
downgrade in trade as countries reduce the amount of import and export. It also had impacts on the
economy with many businesses shut down which leads to citizen’s income lost. On the other hand, it
opened the way for the growth of techonology via online meeting apps by being used for many
purposes such as: business, education and communicating throughout the social distancing period. As
a result, techonoly played a crucial part in reshaping the consumer behavior with businesses developed
strategies to bring goods to customers home.
Western Sydney Vietnam Campus-BAS 5- Ha Noi
6
References
Angelovska, N., & Ivanovska, L. P. (2019). New e-commerce business models can boost its
development: Case of north macedonia. Interdisciplinary description of complex
systems, 17(4), 753–762. https://doi.org/10.7906/indecs.17.4.6
Banki, S. R. (2021). “Learning alone-a with corona”: Two challenges and four principles of tertiary
teaching. Journal of research in innovative teaching & learning, 14(1), 65–74.
https://doi.org/10.1108/JRIT-12-2020-0081
Çoban, B. T., & Vardar, A. K. (2021). Evaluation of distance english language teaching education
during covid-19 pandemic from the perspectives of elt student teachers and their
instructors. Journal of pedagogical research, 5(3), 198–220
Liu, X., Ornelas, E., Shi, H. (2022) The trade impact of the COVID-19 pandemic.
https://doi.org/10.1111/twec.13279
Martins, O., Joaquim, Roeger, & Werner. (2021). How will COVID-19 affect an already fragile global
economy? International economics & economic policy, 18(3), 453-455.
https://link.springer.com/article/10.1007/s10368-021-00509-2
Rui Wang, & Yanying Mo. (2022). The impact of COVID-19 on global import and export trade.
Review of business, 42(1), 19–40.
The Organization for Economic Co-operation Development
International trade during the COVID-19 pandemic: Big shifts and uncertainty
(oecd.org)
Tudorache, A. T. (2021). COVID-19 crisis and international trade. Two country cases. Review of
international comparative management / Revista de management comparat
international, 22(5), 659–669. 10.24818/RMCI.2021.5.659
Yaman, G. B., & Hocaoğlu, Ç. (2022). Zoom fatigue: A review. Current approaches in psychiatry /
Psikiyatride Guncel Yaklasimlar, 14(3), 407–413.
https://doi.org/10.18863/pgy.1032058
Yang, H., & Lee, H. (2022). How does the perceived physical risk of COVID-19 affect sharing
economy services? Current issues in tourism, 25(7), 1046-1062.
https://www.tandfonline.com/doi/full/10.1080/13683500.2022.2035700
Western Sydney Vietnam Campus-BAS 5- Ha Noi
7
Zulherman, Nuryana, Z., Pangarso, A., & Zain, F. M. (2021). Factor of Zoom Cloud Meetings:
Technology adoption in the pandemic of COVID-19. International journal of
evaluation and research in education, 10(3), 816–825.
Western Sydney Vietnam Campus-BAS 5- Ha Noi
Download