How Our Behaviors Influence Our Consumption in Behavioral Economic View

Because globalization is a global culture exchange process to exchange information and idea to do knowledge of trade between countries. So, it seems that it can increase number of global investment opportunities and procedure has been put in place to solve any problems with the regulation of any trade. The question that must be raised related to the impact that these changes have had on individuals ( consumers). Thus, it can bring positive impact on consumers, such as consumers...
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Because globalization is a global culture exchange process to exchange information and idea to do knowledge of trade between countries. So, it seems that it can increase number of global investment opportunities and procedure has been put in place to solve any problems with the regulation of any trade. The question that must be raised related to the impact that these changes have had on individuals ( consumers). Thus, it can bring positive impact on consumers, such as consumers generally prefer lower prices and more options to the oppositive and a free trade agreement has created, e.g. online consumption .Moreover, the impact of globalization goes beyond providing consumers with choices. For example, the first international Mc Donalds restaurant was opened in US in the year 1967 year. Now, there are over 30,000 restaurants worldwide inhabiting six continents " Mc Donalds" n.d.) . However, globalization can also bring negative influences to some global entrepreneur. An example of less successful globalization of entrepreneur, such as Dunkin Donults is successful in US market. Otherwise, the Japanese are the opposite. They use their time in the afternoon, normally referred to as tea time for snacks and drinks and donuts and coffee do not appear to appeal to the Japanese in the afternoon ( Solomonk 2011). Thus, globalization of entrepreneur won't impact to influence some countries' taste to be changed.