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Globalization is a process of interaction and integration among the people, companies, and Governments of different nations. It has effects on the environment, on culture, on political systems, on economic development, and on human physical wellbeing.
Globalization is a process of interaction and integration among the people, companies, and Governments of different nations. It has effects on the environment, on culture, on political systems, on economic development, and on human physical wellbeing.
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Globalization is a process of interaction and integration among the people, companies, and Governments of different nations. It has effects on the environment, on culture, on political systems, on economic development, and on human physical wellbeing.
Drepturi de autor:
Attribution Non-Commercial (BY-NC)
Formate disponibile
Descărcați ca PPT, PDF, TXT sau citiți online pe Scribd
Mr. Khawaja Ramiz Mr. M.Shoaib Khan Mr. Waqdar Globalization is a process of interaction and integration among the People, Companies, and Governments of different nations, a process aided by Information Technology. This process has effects on the Environment, on Culture, on Political Systems, on Economic Development , and on human physical well- being in societies around the World. Necessities Technology Necessities leads to invention Invention make the world interdependent and interconnected Common need of every human being to attain perfection “Technology connects the world” Google Facebook EBay Skype /Yahoo /Hotmail Mobile Phones Airlines Roads Shipments A Borderless World International Management How managers control global challenges? Strategies for Global Environment The world has become borderless for organization and now a day organization are in one of the following stages. • Domestic Stage • International Stage • Multinational Stage • Global Stage Basic management functions i.e. Planning, Organizing, Leading and Controlling remains the same Scope of basic management functions increases and
becomes more challenging.
Planning becomes more environment due to • Global Competition • Uncertainty due to Globalization • Has to keep in mind the world scenario not only of his region • Have to Pro-Active A manager now has to organize differently Organize according to the needs and wants of a diverse work force Manager has to lead in a more crowded competition Leading becomes difficult when businesses can be easily copied Controlling a diverse workforce is a challenge Controlling the needs of a diverse set of customers becomes very challenging Outsourcing Exporting Licensing Franchising Managers engage in the International division of labour To reduce Cost Manufacturing can be done more easily “ Globalization effects all walks of life in one way or another ; It connects all the windows of life like a spider web to one another. ” • Improvement in education due to Globalization • Higher literacy rate • Higher competition • ‘O’ and ‘A’ level degree • Online Universities • Growth and Development • Small firms changing into multinationals • Introduction of mergers , Joint ventures , and Acquisitions. • Increased Competition • Highly improved quality of products & relatively lower prices • Since 1950’s Globalization became more vibrant • World trade increased 20 times • Foreign investment nearly doubled by 1997 to 1999 • From $468 Billion to $ 827 Billion • Globalization gave birth to Import & export • Millions of job Opportunities • Appreciation of new ideas • Culture and language tool to earn money • Online jobs • Increased Competition • Jobs more uncertain • The job of CEO, the most unstable • Work load ………. Increase anxiety Globalization effect Personal life Buying Behaviour Increased competition among different brands highly standardized the life of a common man Increased the scope of a person Values Expressions Mental Capabilities Dressing Food Health etc Globalization changed the food choices of a Person drastically • Variety • Food of different nations enjoyed through out the world • Taste developed for all international cuisines ( Pasta not limited to Italy, Cheese Products to France, Stakes to America etc. ) WHO formed to fight World diseases Toys rejected to China on the basis of
harmful radiations Expertise work together and perform miracles Death rate under control Wood products and edibles not allowed
across the borders
Music became Global; Singers from different nations come together to formulate heart touching melodies. • Combination of Sufi and Rock and Pop • Shakira from Cuba sings English, Spanish and now Pushto • Western wears preferred in Asian Countries • HSY works on all Asian clothes for everyone around • The world is becoming uncultured • Artists work together an marvellous Art pieces Gulji known and of appreciated world wide • A Global Universe (Very Soon) • Facebook • Sixth sense Device, Square Jack • Google Earth • Media • Hummer and NIKE