Bm Chapter 1.9 Globalization

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Information about Bm Chapter 1.9 Globalization
Business & Mgmt

Published on August 19, 2009

Author: blackwell3

Source: slideshare.net

Description

IB Business and Management (Standard Level)
All material taken from the IB Business and Management Textbook:
"Business and Management", Paul Hoang, IBID Press, Victoria, 2007

IB Business & Management Unit 1.9 Globalization: Lesson 1: The Causes & Impacts Pages: 151-163

1. Focus Questions 1. What is globalization? 2. What are the causes and impacts of globalization? 3. What are some indicators of globalization? …

Think about it… In business, the competition will bite you if you keep running. If you stand still, they will swallow you. ~ William Knudsen (1879-1948), former president of GM.

2. Overview What is globalization? The integration of the world’s economies in relation to their economics, sociology, and politics. It is an attempt to produce and sell the same products or services in different countries. Why are companies interested in globalization? Is globalization the right move for some companies? What are some indicators of globalization? See Box 1.9a on page 152. … Taken from: http://www.tcnj.edu/~franco6/images/large_globalization_e.bmp

3. Globalization Globalization can also be defined as the growing interdependence of the world’s economies. Whereby national economies join together into a single global economy. With globalization, the political and economical decisions of one country are likely to affect those in other parts of the world, too. MNC will design and market their products to the world. Products are easily recognizable. Same production processes. For example… - - - - - - - - - - - - > … image: http://news.bbc.co.uk/olmedia/1615000/images/_1619221_chinamac330.jpg

5. The Effects of Globalization on Business Activity There are many who criticize globalization.How many have watched, “Super Size Me”? Some argue that globalization is a form of cultural imperialism.Do you agree or disagree?For a business, globalization provides both opportunities and threats.

There are many who criticize globalization.

How many have watched, “Super Size Me”?

Some argue that globalization is a form of cultural imperialism.

Do you agree or disagree?

For a business, globalization provides both opportunities and threats.

Add a comment

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