bmgt364.10.13.10 - Going Global What is Global Business...

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© 2006 Robert H. Smith School of Business University of Maryland Going Global What is Global Business Where to go Global?
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© 2006 Robert H. Smith School of Business University of Maryland Understanding Global Business The Lexus and the Olive Tree - “Globalization is not just a phenomenon and not just a passing trend. It is the international system that replaced the Cold War system. Globalization is the integration of capital, technology, and information across national borders, in a way that is creating a single global market.” The World is Flat - A global, Web-enabled playing field that allows for multiple forms of collaboration without regard for geography, distance, and soon – language.” - “Convergence of technology and events that allowed India, China, and so many other countries to become part of the global supply chain for services and manufacturing, creating an explosion of wealth in the middle classes of the world's two biggest nations, giving them a huge new stake in the success of globalization.”
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