File Name: https://www.youtube.com/watch?

v=wqWra0Jwe30

File Length: 00:14:18

Duration: 00:04:00 - 00:06:00

Service Provider: 360Converter

Date: 09/21/2023, 17:32:42

globalization. When you are integrating your economy to the world economy it means you are
doing the globalization. Now ultimately what globalization is when you are opening up your
economy for the foreign player to interact with them to do business with them to be more
interdependent with each other. Now it's not only about that you are exchanging goods and
exchanging goods and services only in terms of export you may be exchanging capital you may
be coming up with the flow of capital technology culture and other forces also. Now world
economy ko hum global village kehte hai isme koi denying fact nahi hai and it's quite a fact that
most important things are happening in the world economy. Basically you also become part of the
international organization like WTO IMF hume inka member kyu ban na parta hai, so that all the
barriers that we are facing when we are trading internationally can be removed.bohot sari foreign
national corporation hoti hai jo Basically inhi agreements ke through technology capital leke ati
hai and Indian competition thoda problems face karti hai and they also improve in the long run if
they can face the competition. Indian economy as a manager challenges and opportunity kya hoti
hai is ownership. Ownership has changed. Now the point is that as an organization ke point se
socho :if there is a natural resource of availability, infrastructure kaisa hai, usme government ka
role kaisa hai , ap uske owner kitne ho?. It was all about the public sector specifically in Indian
economy. Now it's a very diversified role. There are private players, there are international
companies, there are different products and Indian government has actually diversified its own
sector also.Global managers ka kam hota sirf apni country nahi foreign country ki culture ko
samajh karke kaam karna Now they are not managing only employee from Bombay or Delhi.
They may be managing employee from Sri Lanka, from USA. Now the culture in other countries