hope it will usefull

1. Chapter I
Part I
glbn.flv

2. Objective of Session
 To define globalization and international business
 To discuss the major advantages and disadvantages of
globalization
 To discuss factors affecting globalization
 To understand why companies engage in international
business

3. The Globe
 Continents: Asia, Africa, N America, S
America, Europe, Oceania,Antartica..en_continents.gi
f
 Continents are landmasses divided by oceans..
 Oceans.. Pacific, Atlantic, Indian, Southern
(Antarctic), and Arctic Oceans..world-oceans-map.jpg

4. Globalization
 Derived from the word globalize,
 which refers to ‘emergence of an international network of social and
economic systems’
 One of the earliest known usages of the term as the noun was in 1930 in
a publication entitled Towards New Education
 Sociologists Martin Albrow and Elizabeth King define globalization as:
…all those processes by which the people of the world are incorporated
into a single world society
 In The Consequences of Modernity, Anthony Giddens used following
definition
‘The intensification of worldwide social relations
which link distant localities in such a way
that local happenings are shaped
by events occurring many miles away and vice versa’

5. Globalization
 Definition:
‘emergence of interdependent relationships among people
from different parts of a world’
 Set of relationships
 Between different nations
 Globalization related relations…
 Aid to a poor country
 Fashion show paegent
 Football match
 Leisure trip
 Your SIP

6. How Globalized are you
Globalization_ You're living
IT_(360p).flv
Global
brands in
India
Globalization:
Indian
brands in
global
business

7. Factors in Increased Globalization
 Increased use of technology
 Liberalization of cross-border trade and resource
movements
 Development of services that support international
business
 Growing consumer pressures
 Increased global competition
 Changing political situations
 Expanded cross-national cooperation

8. The Criticisms of Globalization
 Threats to national sovereignty
 Growth and environmental stress
 Growing income inequality
 Pros and Cons of Globalization_(360p).flv

9. Advantages
 Access to multiple markets
 Collaborative decision making
 Cultural awareness
 Swift spread of information
 Tolerance upgradation

10. Disadvantages of Globalization
 Inequality of income
 Americanization
 Socially unequal distribution of world resources
 Commodification of labor
 Less accountability for rich countries in name of
development
 Spread of deadly diseases
 Inhumane use of PoW and child labor
 Human trafficking

11. Summary
 Globalization
 Factors affecting it
 Advantages
 Disadvantages