GLOBALISATION

 PRIYANKA

KABRA  PANKHURI KHATRI  SNEHA LOTLIKAR  SHAMBHAVI MISHRA  RITIKA NIGAM

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DEFINITION

“ the growing economic

interdependence of countries world wide through increasing volume and variety of cross border transaction in goods and services and of international capital flows, And also through the more rapid and widespread diffusion of technology

.GLOBALISATION OF WORLD ECONOMY…..

. .GLOBALISATION OF BUSINESS….

GLOBALISATION OF INDIAN ECONOMY  OBSTACLES GOVERNMENT POLICIES AND PROCEDURES HIGH COST POOR INFRASTRUCTURE LIMITED R&D AND MARKET RESEARCH        .

GLOBALISATION OF INDIAN ECONOMY   FACTORS FAVOURING HUMAN RESOURCE  WIDE BASE  GROWING ENTREPRENEURSHIP  NICHE MARKET  ECONOMIC LIBERALIZATION  .

STAGES OF   GLOBALISATION .

COMPARISON BETWEEN THE OLD AND NEW  OLD  NEW ü TRADE FLOWS ü FDI FLOWS ü FINANCIAL FLOWS ü LABOUR FLOWS ü NEW MARKET ü NEW ACTORS ü NEW RULES AND NORMS ü NEW TOOLS OF COMMUNICATION .

but government support can encourage globalization . Facilities : The extent of globalization depends on the facilities available.Essential Condition for Globalization Business freedom : There should not be unnecessary restriction. Government support : Unnecessary interference may cause hindrance in globalization. Hence globalization is the first step.

Competitiveness : This factor provide a small company its. Managerial expertise etc. Resources : It is one of the most important factor often decides the ability of a firm to globalize. technology. ability to compete with a large firm Orientation : A global orientation on the part of the business firm and suitable globalization are essential for globalization     . It includes finance.

These policies may or may not be positive and hence can be a limiting or encouraging factor.g. in some case the government gives preference to joint venture rather then complete owner ship. etc . E.FOREIGN MARKET ENTRY STATEGIES   It is he most strategic decisions in the international business is the mode of entry. There are several alternatives possible and depending on the relevance of the factor to the company and the foreign market an alternative is selected Also the alternatives get restricted at times due to the different policies that the local government has existing in the market.

Foreign market entry strategy          EXPORTING LICENSING / FRANCHISING CONTRACT MANUFACTURING .

Foreign market entry strategy            MANAGEMENT CONTRACT JOINT VENTURING .

Foreign market entry strategy        MERGERS AND ACQUISITIONS STRATEGIC ALLIANCE .

IMPLICATIONS AND IMPACT OF TRADE POLICY AGAINST The trade policies have not adequately addressed the concerns of the environment  The developing countries have been disadvantaged by the international trading system   REASONS -”Demand-supply factor” -”Economically powerful nations dominate the weaker”   .

Favor  .Developing countries benefit from trade .

IMPACT OF GLOBALISATION ON INDIAN INDUSTRY ECONOMIC REFORMS HIGH TARIFFS AND TAXES .

INCREASED INDUSTRIAL UNEMPLOYMENT OLD AND NEW ECONOMIC SYNDROME NEGLIGIBLE GLOBAL EXPORT .

8 6.1 MANUFACTURI 6.RE AL ESTATE 5.4 8.3 9.4 8.LOW INDUSTRIAL GROWTH 1980-1992 2 AGRICULTURA 3.5 7.3 6.5 3.3 INDUSTRY 6.TRANS PORT.9 L AND ALLIED INDUSTRY 6.4 NG SERVICES HOTELS.4 .4 FINANCIAL.2 8.COMMUN ICATION 5.

EXIT POLICY ARE DIFFICULT TO IMPLEMENT  NON COMPETITIVE PRODUCTS  SHARE OF GLOBAL EXPORT IS 0.9%  HENCE NO BARGAINING STRENGTH IN WTO ORGANISATIONS  .AREAS FOR CONCERN FOR INDIAN ECONOMY TECHNOLOGY GAPS  INFRASTUCTURE BOTTLE NECKS  REFORMS SUCH AS PRIVATISATION.

THREATS TO  GLOBALISATION ­    LIBERALISATION  POLICIES   PRIVATISATION  PROGRAMMES .

Thank you .

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