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How is globalization defined by the speaker?

-Globalization and technological advances bring us hurtling towards a new integrated future, Ian Goldin
warns that not all people may benefit equally. But, he says, if we can recognize this danger, we might
yet realize the possibility of improved life for everyone.

What are the pros and cons of globalization?

-The pros in globalization is free flow of capital, wide market for companies, greater source of
information, cultural intermingling and the cons in globalization is widening gap between rich and poor,
unemployment, loss of domestic industries, dominance of foreign industries.

Do you have the understanding and sensitivity you need to interact in a global community in which
other persons may look, act, and think differently than you do?

-Employees' capacity to interact effectively with different groups—both internally and externally—may
be limited by a lack of cultural sensitivity, which can alienate or offend clients, partners, and colleagues
from different areas, countries, and cultures.

Are you ready to embrace diversity? How are you going to do it?

- Yes, it is a mindset that sees each individual as naturally deserving of respect and attention.

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