The Globalization of Business

Lesson Objectives Define globalization Explain the effects of globalization on businesses Describe different globalization issues and examine their positive and negative characteristics

Key Vocabulary Free Market Globalization Integration Interdependence Outsourcing

Where’s it From? What country is the majority of your clothing is made? Examine labels to determine country of origin Why do you think that our clothing is made in so many different geographical areas? What were the reasons you decided to buy this particular article of clothing—was part of the decision based on price? In your opinion, what type of effect does this have on our economy?

Where’s it From? The ability to have goods and services produced in one part of the world and then available in all parts of the world is just one aspect of globalization

Globalization of Business Download- Reading: Globalization of Business During the reading choose three passages to: Ask a question Make a connection that they made to their own lives Describe something they didn’t really understand Describe something that they had a strong opinion about

Globalization Describe three characteristics of Globalization Globalization refers to the increased flow of goods, services, technology, people, and capital throughout the world in order to create a more integrated and interdependent economy.

Globalization Poster Download- Assignment: Globalization Poster Get into groups of four You will be responsible for researching one way that globalization affects businesses and/or the economy and then creating a poster to display what they have learned

Globalization Poster How does globalization affect the: Consumer Small business owner Corporation Environment Technological industry US workforce International workforce Government tax base Creation of markets The stock market Global competitiveness Human rights

Globalization Poster Download- Example: Globalization Poster How does this example meet the requirements for this assignment? How would you improve the layout or design of this poster?

Globalization of Business Download- Worksheet: Note-Taking Guide You will be given this class period to research their chosen aspect of globalization and complete their note-taking guide

Globalization Poster Use your notes, the reading, and discussions as resources and synthesize this information with the creation of a poster

Globalization Poster Download- Worksheet: Gallery Walk Peer Review Complete and turn in

Reflection In your own words, define globalization. How does globalization affect you? In your opinion, does globalization affect businesses in a positive or negative way? Explain.

Enrichment Many people attribute globalization to the downfall of the poor across the globe. With this in mind, have students read the following quote by Jimmy Carter: “Globalization, as defined by rich people like us, is a very nice thing…you are talking about the Internet, you are talking about cell phones, you are talking about computers. This doesn’t affect two-thirds of the people of the world.” Jimmy Carter (http://thinkexist.com/quotations/globalization/). Instruct students to research the affects of globalization on the poor and/or countries that have avoided globalization. Have students present their findings to the class.

Cross-Curricular Integration Technology: Present the following YouTube clip: http://www.youtube.com/watch?v=LtmvksvSvtc&feature=related. Next, instruct students to conduct a similar survey to assess what students know about the concept of globalization. Have students create an iMovie, podcast, or PowerPoint, or have them use some other creative technological format to present their findings.