4. THE STATISTIC AROUND 15% IN 1990 20% TODAY TO RISE TO 30% BY 2015
5. ADVANTAGES AND DISADVANTAGES ADVANTAGES Increased free trade between nations ∙ Reduction of likelihood of war between developed nations ∙ Spread of democratic ideals to developed nations ∙ Increases in environmental protection in developed nations
6. ADVANTAGES AND DISADVANTAGES DISADVANTAGES International bodies like the WTO infringe on national and individual sovereignty ∙ Decreases in environmental integrity as polluting corporations take advantage of weak regulatory rules in developing countries ∙ Spread of a materialistic lifestyle
8. THE FUTURE PART 2 The impact of globalization has yet to be fully realized, but one thing is clear: the business rules for engagement will never be the same Companies can no longer go it alone and expect success It requires collaboration Teaming with the right partners is essential to increase speed, promote innovation and gain market share.
9. Globalization is not an emerging trend, but merely a business reality, that brings people and products together.
Globalization and outsourcing is hardly a new idea to the world. In fact, it has been around since 1500AD. In these days of agrarian society, production led to consumption, which led to surplus and growth. This system created a dependence on private property to feed the family and produce an income.http://www.mtholyoke.edu/~abbas20s/classweb/walmart/zzglobalizaton.htm
The statistic that perhaps best reflects the growth of globalisation is the value of cross-border world trade expressed as a percentage of total global GDP: it was around 15% in 1990, is some 20% today and is expected by McKinsey & Company, a consulting firm, to rise to 30% by 2015.http://www.economist.com/research/articlesBySubject/displaystory.cfm?subjectid=423172&story_id=14031230
The future world of social networking may soon be found through the use of mobile phones. Small companies are currently seeking to develop social networking on-the-go through the use of mobile phones.http://docs.google.com/Doc?id=ddgrxj5b_4d3q4m3dbPicture:http://yaleglobal.yale.edu/about/
