International Business (Final JUA Project) - Presentation Transcript
International Business & Tourism Leader: Mr. Petkus Students: Maren, Steph, Sergei, Roger, Jet, Nick, Don
Schedule Day 1: Monday
Faneuil Hall:
Interviewed people on their opinions on Globalization
Group Discussion: Globalization
Walked Freedom Trail
Prudential Center and Dinner
Discussion at Hotel
Discussion on Blog
Schedule Day 2: Tuesday
Day at Harvard
- Lunch with Sergei’s Uncle (Harvard Professor)
- Interviewed Sergei’s Cousin: Current Harvard Student
- Interviewed Harvard students on the street on their opinions on Globalization
- Walked around Harvard
Discussion on personal views on Globalization
Interviews Day 1 Not Sure Downtown Not Sure No Pleasure Anna Brazil No Opinion Quincy Market Negative outlook not very hopeful No Pleasure Cassie England Important for Business Nathanial Hall Positive Hopes Yes Business Jeff (NYC) What do you think about Globalization? Favorite part of Boston? What do you think about the economy? Have you been to Boston before? Business or Pleasure? Name where from? Not sure North End, Beacon Hill Terrible U.S is wasting money yes Both Ned Houston,Texas
Globalization: Definition
"Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world.” 1
1 "What is Globalization." What is globalization? Levin Institute. <http://www.globalization101.org/What_is_Globalization.html>.
Why is globalization good? 1.Globalization creates huge, international companies, in which, these companies make the most use of the different kinds of resources allotted to them. 2.Makes trading and shipping between countries easier. 3. Improves cultural diversity. 4.Provides various jobs for people in many different parts of the world. 5.Helps the development and advancement of technology in international communication. This has caused the interactions between different countries to become more reliable and universal.
Why is globalization bad?
Since more developed countries already have good technology they are in better position of leading and dictating the rules in the industry
of international business than the other countries, in a sense it creates a monopoly.
Fake promises of a better economy and a better life leads of acceptance of the factories.
However, the damage to the third world countries' environment
is a big issue, it makes those countries more difficult to develop.
The result of the globalization is the rich countries get richer and the poor countries end up at the short end of the stick..
What should we do? Globalization is an opportunity for change however, it is also a challenge. We should accept the challenge, by learning in our classes with more care and interest. As well as, understanding international issues. Only then, can we get a better chance to succeed in today's world.
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