You must have seen  RedBox lately in your neighborhood.  RedBox is a movie rental machine that you slide your credit card to dispense a DVD that you select. No contracts, no late fees, just $1 a night. It is as simple as this, if you run home, watch it and return it 2 hours later, the movie is just $1. The process of signing up with Redbox is simply too; pick a movie, swipe your credit card, and entered your email account.  If you are late over 25 days, they will charge you a dollar a day, but after the 25th day you keep the dvd.

A lot of people like the idea of this business because it doesn’t require any employee to look after the machines.  People are constantly asking if the company give out franchise.  Unfortunately, the company (CoinStar) doesn’t franchise but I’ve found a couple other companies that do such as DvD Now Kiosk. Just seems like a great idea depending on price, etc. It It would be a great idea for apartment complex owners. Put one of these in the laundry room and make some extra revenue and have it serve as a nice amenity for your perspective tenants.

As of the moment, the only way you could have a piece of the pie of RedBox is to buy the company stocks. It is a public traded company under the name Stock symbol: CSTR.  The other way is if you own a business that have about 15,000  people walking in and out of the business per week, then RedBox will consider your business for its next location.

Globalization is the increasing integration of economies and societies around the world, eliminating international boundaries particularly through trade and the flow of ideas and people, the transfer of culture and technology. One great example of globalization is the transformation of the physical and cultural geography of the city of Bangalore. It made the city turns into a data center city, where all customer services of foreign companies are outsourcing to this garden city. The high jobs availability created by globalization in this city allows people to work at flexible hours at night and gain an extra source of income that enables them to have a trendy life style like in North America. Globalization connects the world together with advance technologies (internet). It benefits corporations and consumers by yielding cheap labor and lower prices. On the other hand, some people fear the following negative effects of globalization: selling of drugs, exploitation of labor, and pollutions, and terrorism. International connections create a demand for drugs, companies use child labor in foreign countries to cut back on cost, factories in foreign countries produce cheap goods without environmental awareness, and terrorists take advantage of fast internet data technology to plan their attack. These people believe that globalization will create an open policy that makes it easier for people to do illegal activities. Globalization is a phenomenon that yields more benefits than problems, but the problems that arise from globalization could be controlled through development of better international policies. Globalization has already occurred and it is here to stay; therefore, governments of different countries should gather together to work out guidelines that will help future transactions and eliminate the problems.

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