Wk12_1301_Globalization_(Ch.15)

Wk12_1301_Globalization_(Ch.15) - Social Context of...

Info iconThis preview shows pages 1–10. Sign up to view the full content.

View Full Document Right Arrow Icon
1 Social Context of Business Week 12 Globalization Text Reference: Chapter 15
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
2 Chapter 15 Outline Globalization and Implications for Business The Debate over Globalization International Non-governmental Organizations Institutions of Globalization Globalization and Canadian Business and Society Standards of Conduct for Global Business Special Challenges of Global Business The Acceptance of Global Capitalism
Background image of page 2
3 Globalization Not a new phenomenon: goods have been traded between regions since ancient times Corporations now seen as more efficient than governments in distributing goods and services needed by citizens Today, new view toward trade and market systems is referred to as globalization
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
4 Defining Globalization Globalization : a process of decreasing constraints on the interactions among the nations and peoples of the world. Economic globalization : the integration of fragmented markets into a global economy. Political globalization : the process by which world power relationships change, and there is a loss of sovereignty by the states. Social or cultural globalization : the emergence of a worldwide cultural system.
Background image of page 4
5 Globalization Source: Cullen and Parboteeah: Multinational Management: A Strategic Approach, 3 rd Edition; Thomson-Southwestern, 2005 Globalization is the world-wide trend of world economies becoming borderless and interlinked Globalization means that companies are more likely to: Compete anywhere Produce anywhere
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
6 Big bold message ____________________________________________________________________________________________________________ Globalization extends the Boulding Triangle beyond national borders
Background image of page 6
7 The principle of exclusion Exclusion describes the situation in which advances in (information) technology is creating a marginalized class of people and countries – those who can only offer their own labour to generate capital. In the knowledge based economy , capital can be generated without manual labour
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
8 The United Nations Global Compact Human Rights : 1. Respect internationally proclaimed human rights 2. Not be complicit in human rights abuses Labour Standards: 3. Uphold the right to collective bargaining 4. Eliminate all forms of forced and compulsory labour 5. Effective abolition of child labour 6. Eliminate employment discrimination Environment: 7. Precautionary approach to environmental challenges 8. Promote greater environmental responsibility 9. Use environmentally friendly technologies Anti-Corruption: 10. Avoid corruption (e.g., extortion and bribery) http://www.unglobalcompact.org/
Background image of page 8
9 Globalization and the Implications for Business
Background image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 10
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 29

Wk12_1301_Globalization_(Ch.15) - Social Context of...

This preview shows document pages 1 - 10. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online