GLOBALISATIONGLOBALISATION

Submitted By:-Submitted By:-Ankit AnandAnkit Anand

Roll No.9002Roll No.9002MBA 1MBA 1stst sem. sem.

Definations:- Definations:-

Globalisation means integrating the economy of a Globalisation means integrating the economy of a country with the economies of other countries under country with the economies of other countries under conditions of free flow of trade and capital and conditions of free flow of trade and capital and movement of persons across borders.movement of persons across borders.

Globalisation may be defined as a process associated Globalisation may be defined as a process associated with increasing openness, growing economic with increasing openness, growing economic independence and deepening economic integration in independence and deepening economic integration in the world economy.the world economy.

Features of GlobalisationFeatures of Globalisation

The business expands throughout the world.The business expands throughout the world. Goods and services are bought and sold from/to any country in Goods and services are bought and sold from/to any country in

the world.the world. The difference between domestic and foreign markets comes The difference between domestic and foreign markets comes

to an end.to an end. Products are planned and developed keeping in mind the Products are planned and developed keeping in mind the

markets of entire world.markets of entire world. Manufacturing of goods can be made in any part of the world Manufacturing of goods can be made in any part of the world

on the basis of feasibility and viability and from there on the basis of feasibility and viability and from there distribution of goods can be made in the entire world.distribution of goods can be made in the entire world.

GlobalisationGlobalisation

Globalisation could involve all these things!

Types/components of GlobalisationTypes/components of Globalisation

Globalisation of marketsGlobalisation of markets Integration and merger of theIntegration and merger of the

Different markets of the worldDifferent markets of the world

Into a single market is known asInto a single market is known as

Globalisation of markets. For Globalisation of markets. For

Example:- Coca-Cola, Pepsi, Example:- Coca-Cola, Pepsi,

Biryani of Hyderabad, Lcd & Led,Biryani of Hyderabad, Lcd & Led,

Walkman’s, McDonald, etc. Walkman’s, McDonald, etc.

Globalisation of ProductionGlobalisation of Production

The location of manufacturing facilitiesThe location of manufacturing facilities

are affected by several factors. These are affected by several factors. These

factors vary from country to country.factors vary from country to country.

they may be more favourable ratherthey may be more favourable rather

than in home country. For example, than in home country. For example,

cheap raw material and cheap labourcheap raw material and cheap labour

is available in the underdevelopedis available in the underdeveloped

and developing Countries. and developing Countries.

Globalisation of TechnologyGlobalisation of Technology

The present age is considered as the age of science. The The present age is considered as the age of science. The technological advancement paves the way for a company to technological advancement paves the way for a company to enter foreign markets and to develop itself into a virtual enter foreign markets and to develop itself into a virtual global company.global company.

Methods of globalisation of technologyMethods of globalisation of technology:-:-1.1. Joint ventures and Mergers.Joint ventures and Mergers.

2.2. On the basis of Royality or Outright purchase of technology.On the basis of Royality or Outright purchase of technology.

3.3. Technological Collaborations.Technological Collaborations.

4.4. Latest Technology.Latest Technology.

Advantages Of GlobalisationAdvantages Of Globalisation

1.1. Free flow of capital.Free flow of capital.

2.2. Flow of technology.Flow of technology.

3.3. Industrialisation.Industrialisation.

4.4. Balanced Development.Balanced Development.

5.5. Improves the standard of living.Improves the standard of living.

6.6. Helps in increasing the Production.Helps in increasing the Production.

7.7. High quality goods at low prices.High quality goods at low prices.

8.8. Increases the employment opportunities.Increases the employment opportunities.

Disadvantages of GlobalisationDisadvantages of Globalisation

1.1. Vanishes the domestic business.Vanishes the domestic business.

2.2. Decline in demand for domestic Decline in demand for domestic

Product.Product.

3.3. Gap between rich & poor.Gap between rich & poor.

4.4. Developed countries exploit the Developed countries exploit the

natural resources of developingnatural resources of developing

countries.countries.

5.5. Foreign industries violate the labourForeign industries violate the labour

and environmental laws made by Govt.and environmental laws made by Govt.

of developing countries.of developing countries.

conclusionconclusion

I am in the favour of Globalisation because due to I am in the favour of Globalisation because due to Globalisation multi-national or trans-national Globalisation multi-national or trans-national companies (MNCs&TNCs) business with a companies (MNCs&TNCs) business with a headquarters in one country but with business headquarters in one country but with business operation in the number of others.operation in the number of others.

THANKSTHANKS

THANK YOUTHANK YOU