Glossary Term Definition

Greetings, thanks for your soon provided services. The instructions are in the file below, where you are to pick two terms to explain with a minimum of 200 words referencing the material provided in the file below.

Length: 1 paragraph per entry (200-250 words),
Instructions
At the end of the readings for each week you will find a list of (generally five or six) terms
associated with the weeks lecture. Each student will submit a glossary entry for two of these
terms drawing directly on required or supplemental course material.
Content
Students should define the term by providing a supporting citation from one of the required or
supplemental texts listed on the fall or winter syllabus (or a text cited on the lecture slides) based
on a reading for that week (see sample entry below). In their definitions, students should
elaborate on the meaning of the term in relation to an issue of importance in the study of business
and society.
Minimum Requirements
For an entry to be considered complete, it must satisfy the following requirements:
-It includes a proper reference (“quote”) from a reading from either the Fall or Winter term.
-It includes a page reference to that text (e.g., Wright, p. 4). If it does not include a reference to
a reading, you will not receive a mark.
-The elaboration is in your own words, no plagiarism or any form of academic dishonesty of
course always apply!
-The text is 200-250 words in length
Sample Entry:
According to Wright, the dominant ideas about progress have become an ‘ideology of progress’:
“Our practical faith in progress has ramified and hardened into an ideology– a secular religion
which, like the religions that progress has challenged, is blind to certain flaws in its credentials.
Progress, therefore, has become ‘myth’ in the anthropological sense” (2004, p. 4). People think
progress always means things get better, especially with technological improvements. He
discusses this in connection with what he calls progress traps. Calling it a myth is like trying to
explain why the people of Easter Island continued to chop down trees to build monuments even
though this ultimately led to the collapse of their society. In a sense, he is saying that because
many people believe in the ‘ideology of progress’ it is really hard to get people to see that
something needs to get done to avoid falling into this trap. For example, a lot of people may see
that climate change is a big threat to our civilization, but the belief in progress means that they
expect some technological solution will be discovered that will save us. This relates to many
issues of importance to business and society because we need to do more to ensure our economy
and society are built on the idea of long-term sustainability. (John Simoulidis: 218 words).
Glossary Terms: Globalization, “Government and Governance”, Global Value Chains (GVCs),
Global Governance, Bretton Woods System (BWS), Neoliberalism, Economic Cluster,
“Varieties of Capitalism”, “Denationalization of Statehood”
Required Readings:
Gereffi, G, and J. Lee. (2016). Economic and social upgrading in global value chains and
industrial clusters: Why governance matters. Journal of Business Ethics 133(1): 25-38.
Jessop, B. (1997). Capitalism and its future: remarks on regulation, government and
governance. Review of International Political Economy 4(3): 561-581
To Review:
Birch, K et. Al (2017). “Chapter 7- Global Economy and Varieties of Capitalism”, Business and
Society. A Critical Introduction. Zed Books.
Birch, K et. Al (2017). “Chapter 13- Business, Regulation and Policy”, Business and Society. A
Critical Introduction. Zed Books.
Supplemental Reading:
Barber, B. 2013. “Jihad vs. McWorld or Jihad via McWorld?” in Smith, Lyall (Ed.) Sociology of
Globalization: Globalizing Cultures, Economies, and Politics. Westview Press pp. 83-97
Glossary Terms: Globalization, “Government and Governance”, Global Value Chains (GVCs),
Global Governance, Bretton Woods System (BWS), Neoliberalism, Economic Cluster,
“Varieties of Capitalism”, “Denationalization of Statehood”
Required Readings:
Gereffi, G, and J. Lee. (2016). Economic and social upgrading in global value chains and
industrial clusters: Why governance matters. Journal of Business Ethics 133(1): 25-38.
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2721292
To Review:
Birch, K et. Al (2017). “Chapter 7- Global Economy and Varieties of Capitalism”, Business and
Society. A Critical Introduction. Zed Books.
Birch, K et. Al (2017). “Chapter 13- Business, Regulation and Policy”, Business and Society. A
Critical Introduction. Zed Books.
Supplemental Reading:
Barber, B. 2013. “Jihad vs. McWorld or Jihad via McWorld?” in Smith, Lyall (Ed.) Sociology of
Globalization: Globalizing Cultures, Economies, and Politics. Westview Press pp. 83-97