Communication Technology Topic: Globalisation Overview Globalisation Perspective Factors of globalization Impacts of globalisation

1. Communication Technology
Globalisation

2. OVERVIEW
• Globalisation Process: Cultural
• Globalisation Perspective
• Factors of globalization
• Impacts of globalisation

3. Globalisation
Used to describe the growing integration of
economics worldwide through increases in trade
investment flows, and technology transfer.

4. Globalisation Process

6. What Globalization is all about?
Globalization describes the interplay across
cultures of macro-social forces. These forces
include religion, politics, and economics.
Globalization can erode and universalize the
characteristics of a local group.

7. Religion & Cultural Terms
• Refers to the transmission of ideas, meanings
and values across national borders. This
process is marked by the spread of
commodities and ideologies, which become
standardized around the world. Mass
consumption serves as a facilitator between
different people and cultures around the
globe as a result of the exponential growth of
the human population.

8. Political Terms
• Under globalization, politics can take place above the
state through political integration schemes such as the
European Union and through intergovernmental
organizations such as the International Monetary Fund,
the World Bank and the World Trade Organization.
Political activity can also transcend national borders
through global movements and NGOs. Civil society
organizations act globally by forming alliances with
organizations in other countries, using global
communications systems, and lobbying international
organizations and other actors directly, instead of
working through their national governments.

9. Economic Terms
• Is the increasing economic interdependence
of national economies across the world
through a rapid increase in cross-border
movement of goods, service, technology, and
capital.

10. Factors of globalization
• Factors influencing Globalization are as
follows:
– Historical
– Economy
– Resources and Markets
– Production Issues
– Political
– Industrial Organisation
– Technologies.

11. Historical
• The trade routes were made over the years so
that goods from one kingdom or country
moved to another. The well known silk-route
from east to west is an example of historical
factor.

12. Economy
• The cost of goods and values to the end user
determine the movement of goods and value
addition. The overall economics of a particular
industry or trade is an important factor in
globalisation.

13. Resources and Markets
• The natural resources like minerals, coal, oil,
gas, human resources, water, etc. make an
important contribution in globalisation

14. Production Issues
• Utilisation of built up capacities of production,
sluggishness in domestic market and over
production makes a manufacturing company
look outward and go global. The development
of overseas markets and manufacturing plants
in autos, four wheelers and two wheelers is a
classical example.

15. Political
• The political issues of a country make
globalisation channelized as per political
bosses. The regional trade understandings or
agreements determine the scope of
globalization. Trading in European Union and
special agreement in the erstwhile Soviet
block and SAARC are examples.

16. Industrial Organisation
• The technological development in the areas of
production, product mix and firms are helping
organisations to expand their operations. The
hiring of services and procurement of sub-
assemblies and components have a strong
influence in the globalisation process.

17. Technologies
• The stage of technology in a particular field
gives rise to import or export of products or
services from or to the country. European
countries like England and Germany exported
their chemical, electrical, mechanical plants in
50s and 60s and exports high tech (then)
goods to under developed countries. Today
India is exporting computer / software related
services to advanced counties like UK, USA,
etc.

18. Impacts of globalisation
• More efficient markets
• Increased competition
• Stabilized security
• More wealth equality throughout the world

19. The Power of Globalization

20. Negative impact of Globalisation

21. Communication Technology
Globalisation