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Globalization Jimena Rava – Marina De Royere. Globalization  Its an external driver of change  Name for the process of increasing the connectivity of.

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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:

1 Globalization Jimena Rava – Marina De Royere

2 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.

3 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.

4 Advantages  Larger markets  Grwoth possibilities  Global markets are developing  Producing standarized products benefiting of economies of scale

5 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.

6 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

7 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

8  http://www.businessdictionary.com/defini tion/globalization.html http://www.businessdictionary.com/defini tion/globalization.html  Business and Management – Course Companion – Oxford

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