project

6. GLOBALIZATION DEFINITION
- Globalization is a process of interaction and integration
among the people, companies, and government of different
nations. A process driven by international trade and
investments 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.

7. GLOBALIZATION OF THE ECONOMY
Globalization process integrated the countries in economy just as the
other many fields. As a natural of the integration liquidity of knowledge,
labor, capital and goods fairly increased. This liquidity brought new
construction processes together. Parallel to globalization, macroeconomic
balances have been reasonably affected due to dynamic movements of
foreign capital, in this framework globalization effected deeply as well as
culture and politics.
GOAL OF GLOBALIZATION
To provide organizations a superior competitive position with lower
operating costs, to gain greater numbers of products, services and
consumers.
EFFECTS OF GLOBALIZATION can be listed as follows(WHO, 2014):
 Economic change; trade liberalization, deregulation, expansion of the
global market place
 Political change; redistribution of power from states to interstate bodies
and the growth of global civil society
 Social and cultural change
 Technological change; including improved global telecommunications
and transport links.

10. -They are expected to change economic structure of nations. The
expected superior economic structure is mainly influenced by the above
two factors. E- commerce not only reduces communication costs, but also
increases flexibility in locating activities.
Globalization issue the arguments provided above raise the question
whether globalization support e- commerce accelerate the globalization
process. The global economy supported by the decline in administrative
barriers to trade, sharp falls in the costs of transportation and
communication, fragmentation of production processes and the
development in information and communication technology.
E- commerce consists of the data to facilitate the financial and payments,
also the exchange of goods and services between four broad groups over
the internet. This can happen between businesses and costumers,
businesses, intra- companies, and consumers. Their partners or its
customers through a combination of computing and communication
technologies.

14. EFFECTS OF E- COMMERCE TO
GLOBALIZATION
- The impact of e- commerce on the global economy is said
to be very influential and far reaching.
- It is having a profound and radical effect on businesses
throughout the world, leveling the playing field for
businesses outside the traditional economic p0werhouse
in many ways.

15. EFFECTS OF E- COMMERCE TO
GLOBALIZATION
The following issues has been raise due to the impact of
e – commerce in global economy and the process is still
ongoing :
Financial Issues
 Customs and taxation
 Electronic Payments

16. Legal Issues
 Uniform commercial
 code for e- commerce
 Intellectual property protection
 Privacy
 Security
Market Access Issues
 Telecommunication infrastructure and information
 Content
 Technical standard

17. Members:
o Mariele Abarico
o Anna Rose Belano
o Ana Jane Garcia
o Princess Faye Duma
o Jherhon Morales
o Meg Ryan Lumanao
o Jay Wilson Abiera
o Ronajean Breviescas
That’s All
Thank You!