CALICUT UNIVERSITY MBA FIRST SEMESTER GLOBALIZATION

1. GLOBALIZATION
SUBMITTED BY
SHIKHIL MV

2. What is globalisation?
 It is process of rapid integration or
interconnection between countries.
 There is one more way through which
countries are becoming closer and that is
movement of people between countries.
 People usually move from one country to
another in search of jobs or better
education.this is also a result of globalisation.

4. Definition of Globalization
World Bank: Globalization is the growing
integration of economies and societies
around the world.

5. NATURE OF GLOBALISATION
 Till 19th century “global” meant “spherical”;
 At the end of 19th century “global” meant “the
whole world”;
 20th century “global” meant “definition of
capacity and dissemination of events and
processes”

6. FEATURES OF GLOBALISATION
 Growing interdependence of all processes
 Establishing of a global financial-economic area
 Information technologies -WWW
 Change in the state’s functions – vanishing of
the national boarders
 Universality of the world – dissemination of the
democratic system and socio – cultural values

7. Charecteritic of globalisation
 The dynamic development of the
globalization process follows the
development of the society.
 As a phenomenon it has two levels –
general civilization and formative ones
 Contradictory process which has its
positive and negative sides
 It is pursued by anti-social phenomena

8. Impact of globalisation in
india
 Greater competition among producers – both
local and foreign producers has been of
advantage to consumers.
 There is a greater choice before these
coumers who now enjoy improved quality
and lower prices for several products.
 Foreign invetment has increased.

9. Components of Globalization?
 Economic globalization
 Political globalization
 Cultural globalization

10. Culture
 In the past years culture and economics were
treated as separated and independent spheres.
 The importance of culture in the overall
development of society is evidently increasing,
showing itself in economics too.

11. Culture - Globalization
 The cultural processes gain the importance of major
conditions of life and effect each human activity.
 Culture is turning into one of the basic factors of
economic growth, while cultural product is among
the new strategic resources of society.
 Culture became a specific sphere of
entrepreneurship.
 Culture, education and science form “new
economy” - knowledge economy

12. Economics - Culture
 The common feature between them is that both
follow the overall development of the society.
 The development of culture is not always following
the development cycle of economics.
 The cultural specifics of a nation, state or region is
much more clear then their economic or political
specifics.
 Cultural processes are determined by the national
and state differences.

13. Democracy and politics
 Democracy means that peoples and their parliaments
should be sovereign judges in their own countries.They
should choose the national model of development and
solve the main problems of organization and
functioning of the national economics.
 In practice – the decisions are taken at the head offices
of the global corporations and are implemented in the
individual countries.This is how the issues of the
structure of production, of investment and
technological policy, of strategic marketing are solved.

14. Advantages of globalisation
Globalisation helps in bringin whole world as
one village.every consumer have free and
frquent reach to the products of foreign
countries.
Optimum use of natuaral resource as posible.
Helpfull in cost reduction by eliminating cross
border duties and fees.
Helpfull in employment generation and
income generation.

15. Disadvantages of globalosation
 Globalisation is direct attack on local tiny and
small industry.
 Increase cut throat competition.
 Globalisation increases monopoly by
countries equiped with know-how and power.
 Global companies with hi – fi infrastructure
almost the local traditional small and
medium industries.

16. Conclusions
 Globalization manifests in different way at
civilization and formative level.
 At civilization level it should develop and enrich
the humanity without breaking its diversity.
 According to the social system of the country,
different social and economic consequences are
shown.

17. THANKYOU