Presentation on theme: "Globalization Jimena Rava – Marina De Royere. Globalization Its an external driver of change Name for the process of increasing the connectivity of."— Presentation transcript:
Globalization Its an external driver of change Name for the process of increasing the connectivity of the world's markets and businesses. This process has speeded up dramatically in the last two decades as technological advances make it easier for people to travel, communicate, and do business internationally.
Why would a business globalaize? Saturation of domestic market Wanting to move colser to their global customers Benefit from lower labour costs Lower taxes Inecitves from goverments The recent growth in multinatinals is from emerging market to the develop world.
Advantages Larger markets Grwoth possibilities Global markets are developing Producing standarized products benefiting of economies of scale
Disadvantages of Globalization External Envoierment Some people think multinationals dont have long-term loyality to a country therefore there will be a negative external envoierment Although multinationals creat a lot of jobs they are often with bad condtions and bad wages. Internal envoierment Difference in skills and attitude Greater internation competition Diferent cultures may end in different tastes and buying habits Communication problems also dificulty to maintain a common purpose.
Examples: Some examples of globalization are things like: blending of cultures, companies outsourcing Technology These things happen because of countries competing or working together to get more money (that's what most people want). http://www.youtube.com/watch?v=R9Pz VabquSk THIS IS A VIDEO ON MAC DONALDS http://www.youtube.com/watch?v=R9Pz VabquSk
If it isnt clear yet you can watch this video that will clear it… http://www.youtube.com/watch?v=52Nw 49y-q9k&feature=related http://www.youtube.com/watch?v=52Nw 49y-q9k&feature=related
http://www.businessdictionary.com/defini tion/globalization.html http://www.businessdictionary.com/defini tion/globalization.html Business and Management – Course Companion – Oxford