GLOBLIZATION

--globalize
or perish

PRESENTED BY:
KAUSHAL KUMAR VERMA
ROLL NO.:21

MPMIR-1st SEMESTER
DEFINATION

Globalization refers to the process of

integration of the world into one huge
market
In such case,
removal of trade barriers among countries
Political and geographical barrier become
irrelevant
Company gone global called MNC
NATURE OF
GLOBALIZATION
Also called internationalization
For developing countries , it is integration with
world economy
At company level globalization means two
things:
(i)company commits itself heavily with several
manufacturing location around the world and
offer diversified product
(ii)compete in domestic market with foreign
competitor. For e.g. Tata motors
CHARECTERISTICS OF GLOBAL
COMPANY

1. Multiple units, but all linked by

common ownership.
2. Draw on a common pool off resources
(money, information, patents, trade
names & control system.)
3. Respond to common strategies.
4. Product presence in different market
of the world.
5. Human resource containing high
diversity.
Cont..

6. Transaction involving intellectual such as

copyright, patents, trademark, & process
technology across the globe.
 INDIA PRESENCE

India presence in the global business is

now felt more than ever before.
Country has vast educated & skilled
human resource, strong R&D, world
class IT firms, excellent track record in
manufacturing sector & vast market
SELECTED INDIAN MNCs

Tata steel foreign company acquired

Nat steel, corus
Tata motors Daewoo
Reliance industries flag telecom
Hindalco novelis, mount garden, Nifty
copper mines
Wipro Nervewire Inc.
THANK YOU.