Hasan Anwer : 110041493

What is Globalization?

Hasan Anwer : 110041493

GlobalizationGlobalization is a

way of doing business

globally/around the world with local or

national companies

It is about economics or

trade, technology, politics and

culture

People feel differently

about globalization, some think it

helps everyone while other

think it hurts some people

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Globalization’s Impact on Business

Impact on Business

Globalization has produced dramatic changes to business practices around the world• Companies such as IBM, Intel, Microsoft, and Philips

have started to outsource specialists from various parts of the world, triggering job shifts and changes in companies’ structures

Hasan Anwer : 110041493

Hasan Anwer : 110041493

Globalization and Firm Performance

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Firm’s Performance

Multinational Companies (MNC’s) have higher

technology, well market access, better at managing

and they are more productive than the local companies

MNC’s pay higher wages and offer more training to its

employees

Foreign Direct Investment (FDI) creates a linkage

between the MNC’s and Local firms which create business

opportunities and improve the technological know-how and

productivity of local firms

Hasan Anwer : 110041493

Thank You