Globalization refers to the growing integration of economies around the world through increased international trade and investment. It involves businesses thinking globally about strategy rather than focusing only on national markets. Globalization accelerates technological change as the easy transfer of data via computers and the internet plays an important role in speeding up globalization. While globalization increases foreign trade, investment, and market expansion, it can also lead to job losses and the dominance of foreign institutions in some countries. Rapid technological innovations over the past 20 years, like the commercialization of the internet, launch of smartphones, and rise of social media, have accelerated globalization by allowing easy global connections.

1. A
PRESENTATION
ON
GLOBALIZATION AND HOW
IT AFFECTS TECHNOLOGY
PRESENTED BY:-
SHAILESH KUMAR
MBA 2ND YEAR
1212778

2. What is Globalization?
• 'Globalization means when your e-mail account is full
with spam from countries you've never heard of...'

3. • "Before this Global Warming,I never knew what
grass was."

5. The Definition of
Globalization
Globalization refers to all those
processes by which the peoples of
the world are incorporated into a
single world society, global society.
(Martin Albrow, 1990)

6. Globalization is the growing integration of the world’s
economy. It is suggested that economic decision
taken in one part of the world will affect other parts
of the worlds so businesses need to base their
business decision-making on what is happening in the
world market rather than the national market.
 There are three important features or aspects of
globalization, which can be seen as follows:
1. The increasing importance o f international trade
2. More and more multinational companies
3. More and more businesses thinking globally
about their strategy.
What Is Globalization?

7. Advantages of globalization
1. Increase in foreign trade
2. Increase in foreign investment
3. Increase in foreign collaborations
4. Increase in foreign exchange reserves
5. Expansion of market
6. Technological development

8. Disadvantages of globalization
1. Loss to domestic industries
2. unemployment
3. Demonstration effect
4. Dominance of foreign institutions

9. How globalization affects the
technological factors
• Wide base
• Expanding markets
• Growing domestic market
• Competition
• Growing entrepreneurship
Technological change
More powerful computers and internet have allowed the easy
transfer of data, which plays an important role in speeding up
the globalization.

10. • Globalization accelerates the change of
technology. Every day it seems that a new
technological innovation is being created. The
pace of change occurs so rapidly many people
are always playing catch up, trying to purchase
or update their new devices. Technology is now
the forefront of the modern world creating new
jobs, innovations, and networking sites to allow
individuals to connect globally. The timeline
below shows the rapid transformation of how
technology has accelerated within the last 20
years to 2013.

11. • 8 years ago: Internet commercialized
• 17 years ago: first mobile phone with Internet connectivity
• 15 years ago: Google named the search engine of choice by PC
magazine
• 12 years ago: Blackberry launched
• 9 years ago: Facebook launched
• 7 years ago: Twitter launched
• 6 years ago: iPhone, the first of the smart phones, introduced
• 5 years ago: Group on introduced
• 2 years ago: 17 million smart tablets sold — estimated that 100 +
million by 2016
• 1 year ago: Google Glass announced
• Every 60 seconds (so it seems): new apps, tailored to users’ specific
needs created