1. Welcome to our Presentation PRESENTERSPrakat Kafle ( Team Leader)Bisho JoshiBiswas Pandey Kamal PaudelAlisa KandelPratima lamsal Kabita Tiwari

2. GLOBALIZATIONGood or bad???2 3. What isGlobalization?? Freemovement of goods,services,people, capital,technology and informationfrom one country to anothercountry on international level. Globalizationisusuallyreferred to be driven by acombination ofeconomic,technological,socio-cultural,political and biologicalfactors. Globalization could also bereferred to the global spread of3 ideas and languages. 4. GLOBALIZATION4 5. 5 6. Yesterdays GlobalismIn yesterdays one-size-fits-all world, bigcompanies could often migratesomething that was a hit in the U.S. orEurope by tweaking the language andadvertising .Examples: Mercedes-Benz, traded on its reputation forbuilding highly engineered automobiles to driveinto foreign markets. Coca-Cola Co. and Marlboro cigarettes tradedon their American-ness to create largeoverseas followings. Sony Corp. found that compact, economical,6 and reliable electronics like the Walkman, strucka chord with people everywhere. 7. Todays GlobalismThings have changed. No company can safely assumethere will be viable foreign marketsfor an existing product. Any company seeking to expandglobally needs to ask if its offeringsare culturally andsociallyappropriate for its targeted market.7 8. Globalization is much likefireFIRE ITSELF IS NEITHER GOOD NOR BAD . Used properly--it can cook food, sterilize equipment,form iron, and heat our homes. Used carelessly-- fire can destroy lives, towns and8 forests in an instant. 9. Globalization good?????? Worldwide market. Transfer of capital, technology, management Development of trade. Increased employment Utilization of resources. Increase international relations.9 10. Globalization bad ??????? Creating Larger Gaps in Classes Conflicts between classes Environmental degradation Threats to social and cultural values Exchange rates uncertainties Less reliable products10 11. Why is there global Inequality, andIs it getting worse? The gap between the rich and poor nations of the world is increasingBy the late 1990s the fifth of the worlds people living in the highest-income countries had:Example 86% of world GDPthe bottom fifth just 1%. 82% of world export marketsthe bottom fifth just 1%. 68% of foreign direct investmentthe bottom fifth just 1%. 74% of world telephone lines, todays basic means of communicationthe bottom fifth just 1.5%.11 12. Globalization index..12 13. KOF representsEconomic,Social andPolitical aspects of globalization.13 14. NEPALESE CONTEXT14 15. Conclusion In short Globalization is a gradual process and will contribute in sustainable development of the global community as a whole. It is essential to the growth of the economy in todays decline but its negative effects need to be evaluated. As with most issues, the majority of people will be in the middle. They will see globalization not as something toworship or demonize. Instead, they willsee it as something to mold, shape and15manage for the betterment of everyone 16. So16Thank You!! 17. References http://geography.about.com/od/globalproblemsandissues/a/globalization.htm Accessed Date: 27thJuly 2012 http://wiki.answers.com/Q/What_does_KOF_in_KOF_globalization_index_stand_for Accessed Date:27th July 2012 Debate: Is globalization good or bad? Final ExamReview. 2012. www.google.com. Shrestha, S. 2012. Overview Of Global Business.17Lecture note, BBA 6th sem.