Presentation on Globalization and Society for International Business subject in MBA degree.

1. GLOBALIAZTION &
SOCIETY
Reference :
International Business
by Charles W.L.Hill
P R E S E N T A T I O N
MIlan Poudel's

2. What is Globalization ?

3. Interconnectedness
& Interdependence of
the World's :
• Economies.
• Societies.
• Cultures.
Driven by :
• Technology
• Communication

4. Major Drivers of
Globalization
• DECLINING TRADE AND INVESTMENT BARRIERS
• THE ROLE OF TECHNOLOGICAL CHANGE

5. DECLINING TRADE AND INVESTMENT BARRIERS
• The European Union & Japan signed the Economic
Partnership Agreement in 2019, eliminating tariffs on 99%
of goods traded.
• The African Continental Free Trade Area (AfCFTA), launched
in 2021, aims to create the world's largest free trade area by
removing tariffs on 90% of goods traded among African
Union member states, promoting intra-African trade.

6. • Microprocessors & Telecommunication
• Internet & World Wide Web
• Transportaton Technology
THE ROLE OF TECHNOLOGICAL CHANGE

7. CHANGING WORLD OUTPUT &
WORLD TRADE
Relative Decline of Developed Nations
Rise of Asian Economies
Rise of Developing Nations
Leading exporter's position threatened

8. CHANGING FOREIGN DIRECT
INVESTMENT
• Market Potential
• Lower Labor Costs
• Favorable investment climates.
• China
• India
• Brazil &
• Southeast Asian nations

9. CHANGING NATURE OF
THE MULTINATIONAL
ENTERPRISE
Online
Platform Based
Customization
Collaboration

10. Challenges of Globalization
• International Recruiting
• Managing Employee Immigration
• Incurring Tariffs and Export Fees
• Foreign Worker Exploitation
• Global Expansion Difficulties
• Immigration Challenges and Local Job Loss

11. You Are
Welcome