lcm mba globalization

8/8/2019 LCM MBA Globalization

1/23

Globalization

By :-ANANT SONI


2/23

IntroductionIntroductionGlobalization refers to theGlobalization refers to the

rapidly developing process of rapidly developing process of complex interconnectionscomplex interconnectionsbetween societiesbetween societies

Many, if not most, of theMany, if not most, of thethings we buy are usuallythings we buy are usually

made from another countrymade from another country


3/23

Wh at is Globalization?Wh at is Globalization?

Globalization is theGlobalization is theprocess of internationalprocess of internationalintegration of products,integration of products,

technologies, humantechnologies, humanresources, capital,resources, capital,

information and cultureinformation and culture ..


4/23


As Globalization progresses,

economics social andpolitical of differentcountries more freely

interacts with one anotherand adapt to promote

further interaction.


5/23


Main PartsGlobalizationof EconomyGlobalizationof Politics


6/23


Main PartsGlobalizationof Human

FlowsGlobalizationof Culture


7/23

LEVELS AND INDICATOR S

OFG L OBA L IZATION


8/23

W ORLD LEVEL GLOBALIZATIONW ORLD LEVEL GLOBALIZATION- -

Foreign Direct InvestmentGDP

Multinational Companies

Foreign ExchangeForeign Exchange Markets

Balance of Payments (BoP)


9/23

COUNTRY LEVEL GLOBALIZATIONCOUNTRY LEVEL GLOBALIZATION- -

National IncomeInvestment Income

International Tourism Traffic


10/23

INDUSTRY LEVEL GLOBALIZATIONINDUSTRY LEVEL GLOBALIZATION- -

Industry ExportsForeign Investment in Industry

Investment Income


11/23

F IRM LEVEL GLOBALIZATIONF IRM LEVEL GLOBALIZATION- -

Entry to Foreign MarketInternational Licensing

Joint Venture


12/23

Globalization TrendsGlobalization TrendsR eduction in Import tariffs

R emoval of quantitativerestriction

Liberalization of Entry of Multinational Corporation


13/23


14/23

Recent measure to promoteRecent measure to promoteGlobalizationGlobalization

T rade measure

Foreign Investment measure

Foreign portfolio management

External commercial borrowing


15/23

Benefits of Globalization

Faster economic growthBetter living standardsDemocratization

Free interchange of ideas,values; new opportunities


16/23

Cost of GlobalizationCost of Globalization

Greater risk/variance in

outcomesGreater income inequality

Social dislocationMarketplace doesn't alwaysadvance social objectives


17/23

C h allenges of Global Diversity

Diversity and complexityof systems that

transnational

corporations facecreates challenges


18/23


If a company does business in a

nation that does not grantwomen equal rights, should thatcompany hire and promotewomen at work, even if itviolates local laws and customs?


19/23


If a company does business in a

nation that does not grant womenequal rights, should that companyhire and promote women at work,even if it violates local laws andcustoms?


20/23

E conomic globalization is good becauseBig firms means more efficiencyA bigger economic cake for al globallyFree movement of money means that LDCs can

developTrue : the world economy is bigger & more of the world can afford modern consumer goodsOther positive benefits include the transmissionof common values on human & civil rights,democracy and exposure to culture diversityResistance movements are in one sense a

symptom of the wider process

Globalization : Good or Bad?


21/23

BUT negative sides to (economic) globalization Anti-globalization protesters highlight these at G8 summitsKey issues

Effect on democracy & national governmentsGrowing wealth inequalitiesExcessive power of TN Cs & financial markets

Globalization benefits the wealthy at the expense of the poormajorityHuge poverty still in Africa, Latin America & Asia (in someplace getting worse)

Also environmental destruction: Brazilian rainforest, demiseof big game in kenya, turtles in the Caribbean

Globalization : Good or Bad?


22/23

C ON C LUSIONC ON C LUSION All of those are possible to happen in

globalization. But we believe that inevery crisis, there is an opportunity.

T he challenge, therefore, lies in

spotting that opportunity --- for us --- as individuals, as a corporateentity, as an industry, as a region,

or even as an entire nation.


23/23

Quarry.Please

lcm mba globalization

Documents