Globalization

-Chirag Agrawal(BBA)
What is globalization ?
 Globalization is about the world becoming increasingly
interconnected.
 Globalization is the spread of products, technology,
information, and jobs across national borders and
cultures.
 In economic terms, it describes an interdependence of
nations around the globe fostered through free trade.
 Globalization is a term used to describe how trade and
technology have made the world into a more connected
and interdependent place.
Benefits of globalization
 Access to New Cultures
The Spread of Technology and
Innovation
Lower Costs for Products
Higher Standards of Living Across
the Globe
 Access to New Markets
Access to New Talent
Importance of globalization
Proper use of Resources
Multiple choices
Foreign Exchange
Creates Employment
Government incentives
Technology
Benefit to the consumers
CONCLUSION
Globalization is the key factor for international
business.

This new era of globalization brings with it

opportunities and also new considerations and
challenges with the dynamics of a free market.

With globalization, there comes a higher level

of thinking and stratergizing. Business evolves
in new ways.
Thank you.