Globalization Final
Globalization Final
Globalization Final
1)Define globalization.
2) Explain importance of
globalization.
.cont
3) Compare between types of
globalization.
2- Definition of globalization.
3- History of globalization.
6- Dimensions of globalization.
8- Relation between
globalization & health.
Introduction
Globalization encourage
exports and discourage
imports. This help to earn
.foreign exchange
.cont
4- Creates Employment:
Globalization encourages
free and fair competition at
world level. Due to this,
organizations try to supply
quality goods and that also
at a reduced price. This
benefits consumers.
Types of globalization
Ecology Social
Natural Environment
Environment
The Firm
Economic
Environment
Technological
Environment
Political
Environment
Types of globalization
1) Economic Globalization:
1. Economic Dimensions:
E.g.
Domination of American
consumer
McDonalds, Nike, Coca-Cola
Global cultural homogenization
-Same consumer goods
everywhere
-Same ways of thinking
everywhere
Dominance of American
mass media
Clash of Civilizations
- European-Christian,
Russian-Christian, Arabic-
Muslim, Chinese, etc.
- All in conflict:
symbolically & materially
.cont
5. The political dimension:
•Multinational Organizations.
•International Law and
regimes.
• Rule of Law.
•Human rights.
•International terrorism.
•War and new security
problems.
Advantage of globalization
borders.
4) Global mass media ties the
world together.
5) Increased flow of
communications allows vital
information to be shared
between individuals and
corporations around the world.
.cont
6) Greater ease and speed of
transportation for goods and
people.
1- Increased likelihood of
economic disruptions
in one
nation effecting
all nations (Americanization).