WHAT IS GLOBAL CORPORATION? Global corporations are businesses that operate in multiple countries, often with headquarters in one country and subsidiaries or branches in others. They have a significant impact on the global economy and play a key role in international trade and investment.
THE RISE OF GLOBAL CORPORATIONS Several factors have contributed to the rise of global corporations: Technological Advancements Globalization Deregulation Mergers and Acquisitions
TECHNOLOGICAL ADVANCEMENTS Advancements in transportation, communication, and information technology have facilitated the expansion of businesses across borders.
GLOBALIZATION The increasing interconnectedness of economies and the liberalization of trade have created opportunities for corporations to access new markets and resources.
DEREGULATION Reduced government regulation in many countries has allowed corporations to operate with greater freedom and flexibility.
MERGERS AND ACQUISITIONS Corporations have grown through mergers and acquisitions, consolidating their market share and expanding their global reach.
ECONOMIC IMPACT OF GLOBAL CORPORATIONS 1 2 4 3 Global corporations have a significant impact on the global economy: Foreign Direct Investment Job Creation Innovation Competition
JOB CREATION They create jobs in both developed and developing countries, contributing to economic growth and development.
FOREIGN DIRECT INVESTMENT Their investments in foreign countries stimulate economic activity and promote technological transfer.
INNOVATION They drive innovation and technological advancements, leading to new products and services.
COMPETITION They foster competition in global markets, leading to lower prices and improved quality for consumers.
SOCIAL IMPACT OF GLOBAL CORPORATIONS Global corporations also have a profound impact on societies: Cultural Homogenization Environmental Impact Labor Practices Political Influence
CULTURAL HOMOGENIZATION They can contribute to cultural homogenization by promoting a standardized consumer culture.
ENVIRONMENTAL IMPACT Their operations can have significant environmental consequences, including pollution, resource depletion, and climate change.
LABOR PRACTICES They have been criticized for their labor practices in some countries, including low wages, poor working conditions, and exploitation of workers.
POLITICAL INFLUENCE Their vast resources and influence can give them significant political power, potentially influencing government policies and regulations.
COUNTRIES KNOWN FOR GLOBAL CORPORATIONS 1 2 5 3 4 United States Japan South Korea Germany China
EXAMPLES OF SUCCESSFUL GLOBAL CORPORATIONS Apple Inc. Samsung Toyota Motor Corporation Nestlé Coca-Cola
QUESTIONS: What is the importance of global corporation? What are the 5 countries known for global corporations? Where country does the Nestle Corporation originated? What corporations are we very familiar that originated from United States?