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    Negocios I l2 Globalization

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    This document provides an agenda for a course on international business at the University of Chile's School of Economics and Business. The agenda covers topics like factors in international business operations, globalization, criticisms of globalization, and international business in Russia. It also includes examples of potential product launch failures in Chile and discusses fast fashion's impact on developing economies as an example of a globalization criticism around growing income inequality.

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    Negocios I l2 Globalization

    Uploaded by

    csilvasilv
    28 views26 pages
    This document provides an agenda for a course on international business at the University of Chile's School of Economics and Business. The agenda covers topics like factors in international business operations, globalization, criticisms of globalization, and international business in Russia. It also includes examples of potential product launch failures in Chile and discusses fast fashion's impact on developing economies as an example of a globalization criticism around growing income inequality.

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    Negocios i l2 Globalization

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    This document provides an agenda for a course on international business at the University of Chile's School of Economics and Business. The agenda covers topics like factors in international business operations, globalization, criticisms of globalization, and international business in Russia. It also includes examples of potential product launch failures in Chile and discusses fast fashion's impact on developing economies as an example of a globalization criticism around growing income inequality.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    28 views26 pages

    Negocios I l2 Globalization

    Uploaded by

    csilvasilv
    This document provides an agenda for a course on international business at the University of Chile's School of Economics and Business. The agenda covers topics like factors in international business operations, globalization, criticisms of globalization, and international business in Russia. It also includes examples of potential product launch failures in Chile and discusses fast fashion's impact on developing economies as an example of a globalization criticism around growing income inequality.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 26

    NEGOCIOS I

    PRIMAVERA 2023

    FACULTAD DE ECONOMÍA Y
    NEGOCIOS UNIVERSIDAD DE CHILE

    Lecturer: Nicole Dougnac


    [email protected]
    AGENDA
    ● In-class activity (Tuesday)
    ● Factors in IB operations
    ● Globalization
    ● The growth of globalization
    ● Globalization criticism
    ● International Business
    ● International Business in Russia

    2
    POSSIBLE FAILED PRODUCT LAUNCHES IN CHILE

    3
    POSSIBLE FAILED PRODUCT LAUNCHES IN CHILE

    4
    POSSIBLE FAILED PRODUCT LAUNCHES IN CHILE

    5
    POSSIBLE FAILED PRODUCT LAUNCHES IN CHILE

    6
    POSSIBLE FAILED PRODUCT LAUNCHES IN CHILE

    7
    POSSIBLE FAILED PRODUCT LAUNCHES IN CHILE

    8
    FACTORS IN IB OPERATIONS

    9
    WHAT IS GLOBALIZATION?

    10
    GLOBALIZATION
    • Globalization is the widening and deepening of interdependent relationships
    among people from different nations.
    • The elimination of barriers to international movements of goods, services,
    capital, technology, and people that influence the integration of world
    economies.

    11
    GLOBALIZATION
    Factors that have contributed to the growth of globalization:

    1. Technology
    2. Liberalization of cross-border trade
    3. Development of services that support IB
    4. Growth of consumer pressures
    5. Increase in global competition
    6. Changes in political situations and government policies
    7. Expansion of cross-national cooperation

    12
    GLOBALIZATION

    Discuss in groups

    13
    GLOBALIZATION : CRITICISMS
    1. Threats to National Sovereignty: diminish its freedom to “act locally”

    1.1 Local Objectives and Policies: Countries seek to fulfill their citizens’ objectives by setting
    policies reflecting national priorities. However, critics argue that these priorities are
    undermined by opening borders to trade.

    Example: Hotels in Bali

    14
    GLOBALIZATION : CRITICISMS
    Example: Hotels in Bali
    https://www.dw.com/en/trump-hotel-threatens-to-suck-bali-dry/a-46130974

    15
    GLOBALIZATION : CRITICISMS
    1. Threats to National Sovereignty: diminish its freedom to “act locally”

    1.2 Small Economies’ Overdependence: economically small countries depend too much on
    larger ones for supplies and sales.

    https://www.bbc.com/mundo/noticias-43677336 16
    GLOBALIZATION : CRITICISMS
    1. Threats to National Sovereignty: diminish its freedom to “act locally”

    1.2 Small Economies’ Overdependence: dependance on larger ones for supplies and sales.

    https://www.bbc.com/mundo/noticias-43677336
    17
    GLOBALIZATION : CRITICISMS
    1. Threats to National Sovereignty: diminish its freedom to “act locally”

    1.3 Cultural Homogeneity: globalization homogenizes merchandise, production methods,


    social structures, and even language, undermining the cultural foundation of sovereignty.

    https://www.sum.uio.no/forskning/blogg/terra-nullius/geographies-of-asian-meatification.html 18
    GLOBALIZATION : CRITICISMS
    2. Environmental Stress.

    • Growth in both production and international travel increases environmental damage.

    • Globalization is positive for conserving natural resources by fostering superior, uniform


    environmental standards, promoting global competition that encourages companies to seek
    resource-saving and eco-friendly technologies.

    What do you think?

    19
    GLOBALIZATION : CRITICISMS
    3. Growing Income Inequality and Personal Stress

    Income inequality has been growing both among and within many countries. Critics claim that
    globalization has affected this disparity.

    Example: Fast fashion impact in developing economies

    20
    GLOBALIZATION : CRITICISMS
    Example: Fast fashion impact in developing economies

    https://www.bbc.com/news/world-asia-46349947 21
    https://www.worldbank.org/en/country/bangladesh/overview#1
    INTERNATIONAL BUSINESS
    Why Companies Engage in IB?

    • Sales Expansion: more potential consumers in the world than in any single country.

    • Resource Acquisition: seek out products, services, resources, components from


    foreign countries because domestic supplies are inadequate or they’re looking for
    Lower costs, new or better products, additional operating knowledge.

    • Risk Reduction: may reduce operating risk by smoothing sales and profits.

    22
    INTERNATIONAL BUSINESS
    IB Operating Modes

    • Merchandise Exports and Imports


    • Service Exports and Imports
    • Investments

    23
    INTERNATIONAL BUSINESS
    What do the following companies have in common?

    24
    INTERNATIONAL BUSINESS

    https://www.larepublica.co/globoeconomia/las-grandes-empresas-y-multinacionales-de-occidente-que-salen-del-mercado-ruso-
    3314765 25
    Thank
    you!
    26

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