global impact on business
Post on 12-Apr-2017
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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
Hasan Anwer : 110041493
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
Hasan Anwer : 110041493
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
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