The document discusses the key indicators, natures, dimensions, reasons, and stages of globalization. It outlines the merits of globalization, such as improved technology, GDP growth, and infrastructure, as well as the demerits, including rising inequity, unemployment, and environmental harm. The document also categorizes different types of companies according to their level of international involvement, from domestic to transnational.
The document discusses the key indicators, natures, dimensions, reasons, and stages of globalization. It outlines the merits of globalization, such as improved technology, GDP growth, and infrastructure, as well as the demerits, including rising inequity, unemployment, and environmental harm. The document also categorizes different types of companies according to their level of international involvement, from domestic to transnational.
The document discusses the key indicators, natures, dimensions, reasons, and stages of globalization. It outlines the merits of globalization, such as improved technology, GDP growth, and infrastructure, as well as the demerits, including rising inequity, unemployment, and environmental harm. The document also categorizes different types of companies according to their level of international involvement, from domestic to transnational.
INDICATORS OF GLOBALIZATION Domestic Company International Company Foreign trade Multinational Company Enterprises Global Company Transport Transnational Company Environment NATURES OF GLOBALIZATION MERITS & DEMERITS International trade MERITS OF GLOBALIZATION
Foreign direct investment Alteration of Technology
Capital market flows Better Services and GDP growth rate
Improvement of Infrastructure Migration (Movement of Labor) Affordable commodities Diffusion of Technology Extensions of Market DIMENSIONS OF GLOBALIZATION DEMERITS OF GLOBALIZATION POLITICAL Rising inequity ECONOMIC Growing unemployment rate IDEOLOGICAL CULTURAL Environmental harm Exploits poorer labor markets REASONS OF GLOBALIZATION
Improvements in transportation Freedom of trade Improvements of communication Labor availability and skills