5-Globalization 1.ppt

5-Globalization 1.ppt - What are advantages to...

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BMGT 110 Introduction to Business Management Globalization 1
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Agenda What is globalization? Where do your clothes come from? Is globalization good for America? Shift Happens! (Video) Final thoughts
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Globalization What is Globalization? The importing and exporting of products between nations A pattern of economic relationships interconnected throughout the world A convergence of economic, political, cultural, social and technological elements that drive international trade.
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Globalization Group Exercise: Where do your clothes come from?
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Globalization Group Discussion: Is Globalization Good for America? What are advantages to consumers? What are disadvantages to consumers?
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Unformatted text preview: What are advantages to corporations? What are disadvantages to corporations? Globalization Globalization provides consumers with: Greater product selection & choices Rapid advancements in technology Loss of American jobs Lower prices Globalization What Does It Mean To Corporations? An increase in competition An acceleration of the technology life cycle An acceleration of the product life cycle Customized marketing strategies for foreign markets Globalization Shift Happens!! What are your take-aways from this video? Globalization Final thoughts!! What impacted you the most about todays discussion?...
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This note was uploaded on 04/09/2012 for the course BMGT 110 taught by Professor Nelson during the Fall '08 term at Maryland.

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5-Globalization 1.ppt - What are advantages to...

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