Screwdrivers are distinguished from each other based on their tip and what type of screw they drive. The two most common screwdriver tips are 1) the slot head screwdriver, and 2) the Phillips-head screwdriver.
Globalization broadly refers to the expansion of global linkages, the organization of social life on a global scale, and the growth of a global consciousness, hence to the consolidation of world society. Such an ecumenical definition captures much of what the term commonly means, but its meaning is disputed.
management techniques â this appears to be a distinguishing feature of emerging risks. The World Economic Forum observes that a key characteristic of global risks is their potential systemic nature. Its definition of systemic risks aligns global risks with emerging risks, given that âsystemic risks are characterized by: â¢ Modest tipping points combining indirectly to produce large failures â¢ Risk-sharing or contagion, as one loss triggers a chain of others