Globalization

Globalization - GLOBALIZATION AND MULTINATIONAL...

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Unformatted text preview: GLOBALIZATION AND MULTINATIONAL CORPORATIONS Professor Murray Silverman San Francisco State University QUESTIONS and TOPICS: GLOBALIZATION • Defining globalization • What is driving globalization? • Pro’s and con’s of globalization QUESTIONS and TOPICS: MNCs • What is an MNC? • What role does it play in globalization? • What are the criticisms of MNCs? • What is happening to mitigate the environmental and human rights issues raised by MNCs? • In terms of social and environmental impacts, what management issues does globalization raise for MNC’s? Defining globalization “Globalization is the expansion and intensification of linkages and flows - of people, goods, capital, ideas and cultures - across national borders.”* * Barry Bosworth and Philip Gordon, “Managing a Globalizing World”, Brookings Review, Fall 2001, p.3. What is driving globalization? • Advances in communication technology • Advances in transportation technology • Facilitation of world trade by multilateral organizations • Spread of MNCs Pro’s of globalization • Catalyst to economic development in some LDCs (raising living standards and conditions for many) • Spurs the development of capitalism and democratic institutions • Increases the choice and quality of products available to people around the world Con’s of globalization • Gap between per capita incomes of developed and developing countries has widened Con’s of globalization • Gap between per capita incomes of developed and developing countries has widened • Contamination of cultural diversity Con’s of globalization • Gap between per capita incomes of developed and developing countries has widened • Contamination of cultural diversity • Growing environmental degradation Con’s of globalization • Gap between per capita incomes of developed and developing countries has widened...
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This note was uploaded on 09/29/2011 for the course BUS 682 taught by Professor Staff during the Spring '11 term at S.F. State.

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Globalization - GLOBALIZATION AND MULTINATIONAL...

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