Globalization shrink as time and space compression

Globalization Become Small that driven by technology advancement, the cost of communication fallen, transportation more effective in global connectivity

1. GlobalisationGlobalisation

2. What is Globalisation?
Learning objectives
•Know what globalisation is.

•Understand the impact of
globalisation .
•Know the main aspects of
globalisation.

3. •The process by which people, their
cultures, money, goods and information
can be transferred between countries with
few or no barriers.
•Because of these breakdowns in barriers,
many different places become
interdependent on each other.
What is Globalisation?

4. Aspects of Globalisation?

5. Is this globalisation?
Technology - Dell Laptops
Culture - Disney
Economic - McDonalds

6. What has made this happen?
•The world is effectively
shrinking.
•Information, goods and
services can now be
transferred much more
quickly.
•The cost of communication
has fallen.

7. What do you think this image
represents?

8. Task One
•Pick 5 things you own to write about.
•Explain how ‘globalised’ you are.
•Be ready to share one of your things with the class.
10 minutes

9. Is globalisation a good or bad
thing?
•Globalisation should be a good thing – but
as the rules are made by the rich and
powerful, the results favour them.

10. What is a Trans-National
Company (TNC)?
•A trans-national company (TNC) is a huge company
that does business in several countries.
• Many TNCs are much richer than entire countries in
the less developed world.
•TNC’s can provide work and enrich a country's
economy - or some say they can exploit the workers
with low pay and destroy the environment.

11. Examples of TNC’s

12. (TNC Case Study)
•Nestlé is a TNC, because like other
companies they have headquarters in one
place, and manufacturers in other places
all over the world.
•This means they can use cheaper workers
and sell for high prices.

13. (TNC Case Study)
•Nestlé is:
–Switzerland's biggest industrial company,
–The biggest food company in the world
–Has 23,000 employees
–456 factories worldwide
•In 2008, it made a profit of $15 billion

14. (TNC Case Study)
•For Nestlé, globalisation is great –
–It can get raw materials where markets make
them cheapest
–It can locate factories where wage costs are
lowest
–Because of this, Nestlé can make sure that it
can compete for prices in every market in
every country.

15. Task Two
•Using the factsheet, answer the questions
below.
1.What is Nestlé’s core country?
2.Who owns Nestlé?
3.Why did Nestlé grow?
4.When was favourable for Nestlé? And why?
5.What products does Nestlé have? (name 5)
6.What do the owners of Nestlé want it to do?
7.How much profit did Nestlé make in 2008?

16. Homework
•Pick a TNC (Nokia, McDonalds, Nike,
HSBC etc).
•Research the TNC and complete the
factfile.