Chapter_15_Globalization_and_Business_Responsibilities

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BUS 306-002  Ethics in Decision Making Chapter 15:  Globalization and Business Responsibilities George Z. Peng
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Learning Objective The purpose of the chapter is to give an  overview of the connection between Canadian  business and society and the globalization  trend that it occurring. 2
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Chapter Outline Introduction Defining Globalization and Implications for Business The Debate over Globalization Globalization and International Non-governmental  Organizations Institutions of Globalization Globalization and Canadian Business and Society Standards of Conduct and Accountability for Global  Business Special Challenges of Global Business The Acceptance of Global Capitalism
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15.1 Introduction:  Globalization MNCs 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 Not a new phenomenon: goods have been traded  between regions since ancient times…
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Versions of Globalization (Friedman) Globalization 1.0 1492 - 1800 opening of trade between the Old World and New World countries globalizing Globalization 2.0 Globalization 3.0 1800 - 2000 MNEs globalizing falling transportation and telecommunication costs 2000 - present individuals' ability to collaborate and compete globally
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And Globalization 0.5… McGill Reporter: Desautels’ Karl Moore examines  roots of globalization http://reporter.mcgill.ca/2009/01/desautels%E2%8  
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And Voyages of Zheng He…
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" They [Zheng He and his men] were directed to . .. open  trade contacts. ... The densely populated regions of  southern China were experiencing repeated epidemics . ..  and the herbs believed to be effective in controlling them  had become impossible to obtain because of the earlier  ban on foreign trade ."  
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Globalization then and now In old times, work force was more mobile between  countries: No need for passports or visas. 1860s and 1870s were the high time of free trade.
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This note was uploaded on 10/12/2010 for the course BA 306 taught by Professor Z during the Spring '10 term at American University of Central Asia.

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Chapter_15_Globalization_and_Business_Responsibilities -...

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