International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
GLOBALIZATION
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
Globalization: Objectives of Discussion
To define Globalization
To know the different Phenomenon of globalization
Recap the History and Timeline of Globalization
Globalization Pro’s and Con’s
The Impact of Globalization
Exploring the Different Examples of Globalization
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
GLOBALIZATION: DEFINITION
Globalization refers to the spread of
the flow of financial products, goods,
technology, information, and jobs
across national borders and cultures. In
economic terms, it describes an
interdependence of nations around the
globe fostered through free trade.
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
GLOBALIZATION: PHENOMENON
Social Cultural
Political Legal
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
GLOBALIZATION: HISTORY / TIMELINE
❑5,000 B.C.E | MOVEMENT OF HUMANS
❑200 B.C.E | SILK ROAD
❑JANUARY 18, 1440 | CREATION OF PRINTING PRESS
❑JANUARY 18, 1492 | THE COLOMBIAN EXCHANGE
❑NEW WORLD ERA
❑JANUARY 18, 1814 | CREATION OF STEAM TRAIN
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
GLOBALIZATION: HISTORY / TIMELINE
❑OCTOBER 29, 1929 - 1930’s | THE GREAT DEPRESSION
❑OCTOBER 24, 1945 | CREATION OF UNITED NATIONS
❑JANUARY 18, 1991 | CREATION OF THE WORLD WIDE
WEB
❑1969 - 2004 | INTERNET INVENTION
❑THE FUTURE
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
GLOBALIZATION: PROS AND CONS
• A larger market for goods and • Concentrates wealth in richer countries
services • Some poorer countries can be left behind
• Cheaper consumer prices • Poorer countries can be exploited of their
• Outsourcing can benefit both labor and physical & intellectual resources
domestic firms and foreign labor • Cultures and the products consumed
• Increased standard of living around the world can become
homogenized
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
GLOBALIZATION: IMPORTANCE
• Globalization is about the world
becoming increasingly interconnected
• Globalization is also important because
it is one of the most powerful forces
affecting the modern world, so much so
that it can be difficult to make sense of
the world without understanding
globalization.
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
GLOBALIZATION: QUESTION
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
GLOBALIZATION: Impact
✓Globalization has had a large impact on societies around the world,
leading to massive migrations from rural to industrial or urban areas,
leading to the rapid growth of cities and trade hubs.
✓Led to an overall increase in incomes and a higher standard of living in
general,
✓But also led to problems of urbanization including crime, domestic
violence, homelessness, and poverty.
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
GLOBALIZATION: Impact
✓Concepts of national identity, culture, and consumption patterns also
change as goods from around the world become increasingly available
and at low prices.
✓The competitiveness of global capitalism may also lead to more
individualistic ideals that contradict the cultural orientations of certain,
more collectivist societies.
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
GLOBALIZATION: Examples (Concept Map)
Economic
Ecological Financial
Geographic Globalization Cultural
Technological Political
Sociological
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
International
Business
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
International Business: Objectives of Discussion
To construe International Business
To know the considerations in International
Business
Facets of Global Business
Explore the Environment of International Business
and its Benefits
The Challenges and Scope of International Business
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
INTERNATIONAL BUSINESS: DEFINITION
An International Business is
any company that operates and
produces or sells goods between
two or more countries.
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
INTERNATIONAL BUSINESS: Consideration
•It produces goods in a different country but
sells domestically.
•It produces goods in a different country and
sells domestically and internationally.
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
INTERNATIONAL BUSINESS: Facets
Politics and laws:
The environment:
Macroeconomics
• Gross domestic product (GDP)
• Unemployment rate
• Inflation rate
• Degree of income inequality
• Currency exchange rate
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
INTERNATIONAL BUSINESS: Facets
Human rights:
Cultural differences and language
barriers:
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
INTERNATIONAL BUSINESS: Environment
The international business environment is a complex network of
economic, political, legal, and cultural forces that shape how
organizations conduct international business. It consists of external
and internal factors that impact a company’s success or failure in
different markets.
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
INTERNATIONAL BUSINESS: Environment and its Key Elements
Political instability
Geography
Technology
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
INTERNATIONAL BUSINESS: Benefits
✓Companies can gain access to new customers and increase
their profits.
✓Can help organizations become more efficient and cost-
effective.
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
INTERNATIONAL BUSINESS: Benefits
✓Companies can expand their brand visibility and reach a
more extensive customer base by conducting business
globally.
✓Companies can access new opportunities and gain valuable
insights into customer behavior and preferences
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
INTERNATIONAL BUSINESS: Benefits
✓It allows companies to explore different markets and expand
their operations
✓Helps organizations identify growth opportunities and plan
their strategies accordingly.
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
INTERNATIONAL BUSINESS: Benefits
✓International businesses can benefit from the economies of
scale that come with operating in multiple markets.
✓Companies have access to a broader pool of resources due
to international trade, which may not be available locally.
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
INTERNATIONAL BUSINESS: Benefits
✓International businesses can benefit from competitive
advantages such as lower production costs, tax incentives,
etc., due to differences in the economic environment across
countries.
✓Companies can reduce risks such as foreign exchange rate
fluctuation, political instability, etc.
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
INTERNATIONAL BUSINESS: Benefits
✓International business environment also helps organizations
to become more innovative and flexible in their operations,
which is essential for staying ahead of the competition.
✓International businesses can leverage cultural diversity to
create unique products and services that capture more
extensive markets.
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
INTERNATIONAL BUSINESS: Challenges
• complex and dynamic
• regulations and policies can vary
from country to country
• differences in the economic
environment, political stability, and
cultural preferences across different
countries
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
INTERNATIONAL BUSINESS: Challenges
• Language barriers
• higher costs associated with
production or transportation
• difficulties regarding intellectual
property protection
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
INTERNATIONAL BUSINESS: Challenges
• political instability
• reduce risks
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
INTERNATIONAL BUSINESS: Scope
Companies can benefit from
economies of scale and resource
access due to international trade.
International Business And Trade Niño Lasin Briones, CHRA, MBA
MGT 304 Lecturer
Presentation 1 A.Y 2023-2024
References:
• Cote, C (2021, June 22) “What Is Globalization?” What Is Globalization In Business? Website https://online.hbs.edu/blog/post/what-is-globalization-in-business
• Emeritus (2023, May 22) A comprehensive 2023 Guide on International Business Environment. Website https://emeritus.org/in/learn/leadership-international-
business-environment/
• Fernando, J. (2023, March 28) “Globalization in Business with History and Pros and Cons” Investopedia website
https://www.investopedia.com/terms/g/globalization.asp
• Mariadoss, Babu John (2019) “International Trade” Core Principles of International Marketing website https://opentext.wsu.edu/cpim/back-matter/about-the-
author/
• Mariadoss, Babu John (2019) “International Economic Cooperation Among Nations” Core Principles of International Marketing website
https://opentext.wsu.edu/cpim/back-matter/about-the-author/
• Rajasekera, J and Aung, N. (2015, March) Globalization
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https://learn.saylor.org/mod/book/view.php?id=52386&chapterid=33557
• Youmatter (2020, October 6) “Examples of Globalization (Concept Map)”Globalization: Definition, Benefits, Effects, Examples – What is Globalization?
https://youmatter.world/en/definition/definitions-globalization-definition-benefits-effects-examples/
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