Presentation on GLOBALISATION IN MBA sem

PowerPoint presentation on globalization.

1. GLOBALISATION SUBMITTED TO . PROF. RANA PRATAP MISHRA SUBMITTED BY ANIKA SINGH MBA (E) 19

2. WHAT IS GLOBALISATION Globalization refers to a scenario where countries and nations around the world becomes inter- connected and interdependent for meeting their needs, both internal and external. It is a complex and multifaceted phenomenon that has transformed the world in various ways. It refers to the increasing interconnectedness and interdependence of countries through the exchange of goods, services, information, ideas, and cultures .

3. The term "globalization" has been used by economists since the 1980s although it was used in social sciences in the 1960s; however, its concepts did not become popular until the latter half of the 1980s and 1990s The earliest written theoretical concepts of globalization were penned by an American entrepreneur-turned-minister Charles Taze Russell who coined the term 'corporate giants' in 1897. The 19th century is called "The First En of Globalization". It was a period characterized by rapid growth in international trade and investment. The "First Era of Globalization" began to break down at the end of the 20th century with the first World War and later collapsed during the gold standard crisis in the late 1920's and early 1930's HISTORY

4. TYPES OF GLOBALISATION Financial Globalization Interconnection of the world's financial systems e.g. stock markets More of a connection between large cities than of nations Example: What happens in Asian markets affects the North American markets . Economic Globalization A worldwide economic system that permits easy movement of goods, production, capital, and resources (free trade facilitates this) Example: NAFTA, EU, Multinational corporations

5. Technological Globalization Connection between nations through technology such as television, radio, telephones, internet, etc. Was traditionally available only to the rich but is now far more available to the poor. Much less infrastructure is needed now. Cultural Globalization Merging or "watering down" of the world's cultures e.g. food, entertainment, language, etc. Heavily criticized as destructive of local culture e.g. The Simpsons is shown in over 200 countries in the world.

6. Ecological Globalization seeing the Earth as a single ecosystem rather than a collection of separate ecological systems because so many problems are global in nature e.g. International treaties to deal with environmental issues like biodiversity, climate change ange or the ozone layer, wildlife reserves that span several countries Sociological Globalization A growing belief that we are all global citizens and should all be held to the same standards - and have the same rights e.g. the growing international ideas that capital punishment is immoral and that women should have all the same rights as men.

7. Political Globalization Countries are attempting to adopt similar political policies and styles of government in order to facilitate other forms of globalization e.g. move to secular governments, free trade agreements, etc Criminal Globalization Intercontinental spread of global crime and its impact on governments and individuals. ex. Terrorist Attacks on 9/11

8. Advantages Increased free trade between nations. 2) Globalization gives you a larger market. You can sell more goods and make more. 3) Global mass media ties the world together. 4) Increased flow of communications allows vital information to be shared between individuals and corporations around the world. 5) Greater ease and speed of transportation for goods and people. 6) Technological improvement of the Nation is seen. 7) Greater interdependence of nation-states.8) Reduction of likelihood of war between developed nations.9) Increases in environmental protection in developed nations

9. Disadvantages Globalization causes unemployment in industrialized countries because firms move their factories to places where they can get cheaper workers. Globalization may lead to more environmental problems. A company may want to build factories in other countries because environmental laws are not as strict as they are at home. Poor countries in the Third World may have to cut down more trees so that they can sell wood to richer countries. Globalization can lead to financial problems. In the 1970s and 80s countries like Mexico, Thailand, Indonesia or Brazil got a lot of money from investors who hoped they could build up new businesses there. These new companies often didn't work, so they had to close down and investors pulled out their money. Some of the poorest countries in the world, especially in Africa, may get even poorer. Their population is not as educated as in developed countries and they don't have the new technology that we do. Human, animal and plant diseases can spread more quickly through globalization. Increase in Pollution due to Urbanization.

10. THANK YOU GLOBALISATION