Chapter 1 Meaning of Globalization and Overview

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1. RCC College of Arts, Sciences, and Education The Structures of GLOBALIZATION June 24, 2019 Definition of Globalization Globalization and Competitiveness Modern History of Globalization Measuring Globalization CONTEMPORARY WORLD

2. GLOBALIZATION DEFINITION PROXIMITY LOCATION ATTITUDE PAGE 1

3. CONTEMPORARY WORLD WHAT IS GLOBALIZATION? It refers to a new perspective, or attitude, about relationships by other people in other nations. Globalization is taken primarily as an economic process. It is defined as the recognition by organizations that business must have a global, not a local focus. Economically, it also refers to the unprecedented scope, shape, number and complexity of business relationship conducted across international boundaries. RCC College of Arts, Sciences, and Education PAGE 2

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6. First, organization now operate in much closer proximity than ever before to a great number and range of customers, competitors, suppliers and government regulators. This proximity, a function of the “shrinking globe” is partly a matter of time, as today’s telecommunications technology allows people around the world to share voice, video, and facsimile information in minutes. The increasing technological and managerial capabilities of people around the globe are another aspect of proximity. Managers find themselves competing or even collaborating with a new cast of global players. PROXIMITY PAGE 5 GLOBALIZATION

7. The location and integration of an organization’s operations across several international boundaries is part of a globalization. For example Nokia cellular phone are designed and manufactured in Finland and sold world wide to costumers who use the equipment to connect with anyone. This new organizational scheme is termed transnational management to describe this growing practice of spreading an organization’s operations across many nations. LOCATION PAGE 6 GLOBALIZATION

8. Third, globalization refers to a new open attitude about practicing management internationally. This attitude combines a curiosity about the world outside one’s national borders with a willingness to develop the capabilities for participating in the global economy. ATTITUDE PAGE 7 GLOBALIZATION

9. PAGE 8 The first key word expansion may refer to the creation of the international marketplace including the international cultural environment. Where education, social institutions, material elements are connected and occur at different levels. We can see these through non-governmental organizations such as those involved in global warming and “Save the Earth” movements.

10. GLOBALIZATION GLOBALIZATION AND COMPETITIVENESS WHAT? WHY? HOW? PAGE 9

11. FACTORS FACTORS FACTORS Cash is flowing globally Less market boundaries Higher quality standards BASELINE BASELINE It refers to the relative standing of one competitor against other competitors. COMPETITIVENESS COMPETITIVENESS COMPETITIVENESS COMPETITIVENESS EXAMPLE EXAMPLE EXAMPLE EXAMPLE EXAMPLE EXAMPLE GAME-CHANGERS GAME-CHANGERS GAME-CHANGERS WAGES EDUCATION LANGUAGE PAGE 10

12. EXAMPLE EXAMPLE EXAMPLE It refers to the relative standing of one competitor against other competitors. COMPETITIVENESS COMPETITIVENESS COMPETITIVENESS FACTORS FACTORS FACTORS Cash is flowing globally Less market boundaries Higher quality standards COMPETITIVENESS EXAMPLE EXAMPLE EXAMPLE GAME-CHANGERS GAME-CHANGERS GAME-CHANGERS WAGES EDUCATION LANGUAGE PAGE 11

13. FACTORS FACTORS EXAMPLE EXAMPLE EXAMPLE FACTORS Cash is flowing globally Less market boundaries Higher quality standards EXAMPLE EXAMPLE It refers to the relative standing of one competitor against other competitors. COMPETITIVENESS COMPETITIVENESS COMPETITIVENESS EXAMPLE COMPETITIVENESS GAME-CHANGERS GAME-CHANGERS GAME-CHANGERS WAGES EDUCATION LANGUAGE PAGE 12

14. EXAMPLE EXAMPLE EXAMPLE GAME-CHANGERS GAME-CHANGERS GAME-CHANGERS WAGES EDUCATION LANGUAGE EXAMPLE EXAMPLE EXAMPLE It refers to the relative standing of one competitor against other competitors. COMPETITIVENESS COMPETITIVENESS FACTORS FACTORS FACTORS Cash is flowing globally Less market boundaries Higher quality standards COMPETITIVENESS COMPETITIVENESS COMPETITIVENESS PAGE 13

15. EXAMPLE EXAMPLE EXAMPLE STRATEGIC GOAL STRATEGIC GOAL GAME-CHANGERS GAME-CHANGERS To form strong and bounded connections with other in-school organizations and outside organizations to graze varied programs and activities that will foster and instill holistic growth among the students. GAME-CHANGERS WAGES EDUCATION LANGUAGE It refers to the relative standing of one competitor against other competitors. COMPETITIVENESS COMPETITIVENESS COMPETITIVENESS FACTORS FACTORS FACTORS Cash is flowing globally Less market boundaries Higher quality standards COMPETITIVENESS EXAMPLE EXAMPLE EXAMPLE

16. GLOBALIZATION BRIEF HISTORY OF GLOBALIZATION PROXIMITY LOCATION ATTITUDE PAGE 15

17. GLOBALIZATION MEASURING GLOBALIZATION CATEGORIES RANKING CRITERIA PAGE 15

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22. PAGE 8 "the sense of identity with a particular country is becoming blurred"

23. SOCIAL GLOBALIZATION - measures the spread of ideas, information, images and people. PAGE 3 The KOF Swiss Economic Institute offers a useful ranking into three broad categories: ECONOMIC GLOBALIZATION - measures long distance flow of goods, capital and services. POLITICAL GLOBALIZATION - measures the diffusion of government policies in terms of the number of embassies and consulates in a country.

24. PAGE 8 Country Index of Globalization Belgium 90.47 Netherlands 90.24 Switzerland 89.7 Sweden 88.05 Austria 87.91 Table 1.1 Globalization Rankings, 2010 In general, most of the countries in higher ranking are affluent countries or the so called “Global North”. Philippines – 65.93

25. PAGE 8 Country Index of Globalization Singapore 97.48 Ireland 93.93 Luxembourg 93.57 Netherlands 92.4 Malta 92.26 Table 1.2 Economic Globalization Index, 2010 The table shows that Singapore was ahead in the ranking in terms of economic globalization. Philippines – 54.21

26. PAGE 8 Country Index of Globalization Switzerland 94.94 Austria 92.77 Canada 90.73 Belgium 90.61 Netherlands 88.09 Table 1.3 Social Globalization The table shows the rankings of countries in terms of social globalization. Philippines – 58.96

27. PAGE 8 Country Index of Globalization France 98.44 Italy 98.17 Belgium 98.14 Austria 96.85 Sweden 96.27 Table 1.4 Political Globalization European countries dominated the slot with 14 countries occupying the upper positions in terms of political globalization. Philippines – 84.64

28. CONTEMPORARY WORLD RCC College of Arts, Sciences, and Education PAGE 2 Various criteria of globalization have been used by the Organization of Economic Cooperation and Development (OECD): Trade Flows •  Information flows •  People flows Trade flows

29. RCC College of Arts, Sciences, and Education “The more globalized an economy, the greater its links with the rest of the world.” THANK YOU!