02 WHAT IS GLOBALIZATION 1 
SCM 460 GLOBAL SUPPLY CHAIN STRATEGY
Dr. Alex Rodrigues
What is Globalization?
Class 02 -Topics
Topic 1:
Understanding Globalization
Topic 2:
Challenges of Globalization
Topic 3:
Emerging Economies and Globalization
So what is Globalization?
In small groups…
Discuss what globalization means. When has it started?
Discuss the impact of globalization on companies and consumers
So what is Globalization?
In small groups…
Discuss what globalization means. When has it started?
Discuss the impact of globalization on companies and consumers
GLOBALIZATION
DEFINITION
Globalization
• DEFINITION:
– Globalization is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture. Advances in transportation and telecommunications infrastructure, including the rise of the telegraph and its posterity the Internet, are major factors in globalization, generating further interdependence of economic and cultural activities. Global Economy
• Of the world’s top 50 corporations, 36 have headquarters outside the United States
• Of the top 500, 161 are U.S., 128 are Japanese, 40
British, 32 German, 30 French
• Open trading systems such as WTO, NAFTA and the
European Union (EU) promote cross border business activity • Supply chain excellence is recognized as critical to success in the global economy
• Growth in foreign investment by U.S. companies has been huge, and outsourcing is exploding
GLOBALIZATION
WHEN HAS IT STARTED?
Globalization
• Though scholars place the origins of globalization in modern times, others trace its history long before the European age of discovery and voyages to the
New World. Some even trace the origins to the third millennium BCE. In the late 19th century and early 20th century, the connectedness of the world's economies and cultures grew very quickly.
• The term globalization has been increasingly used since the mid-1980s and especially since the mid-1990s.
• In
Dr. Alex Rodrigues
What is Globalization?
Class 02 -Topics
Topic 1:
Understanding Globalization
Topic 2:
Challenges of Globalization
Topic 3:
Emerging Economies and Globalization
So what is Globalization?
In small groups…
Discuss what globalization means. When has it started?
Discuss the impact of globalization on companies and consumers
So what is Globalization?
In small groups…
Discuss what globalization means. When has it started?
Discuss the impact of globalization on companies and consumers
GLOBALIZATION
DEFINITION
Globalization
• DEFINITION:
– Globalization is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture. Advances in transportation and telecommunications infrastructure, including the rise of the telegraph and its posterity the Internet, are major factors in globalization, generating further interdependence of economic and cultural activities. Global Economy
• Of the world’s top 50 corporations, 36 have headquarters outside the United States
• Of the top 500, 161 are U.S., 128 are Japanese, 40
British, 32 German, 30 French
• Open trading systems such as WTO, NAFTA and the
European Union (EU) promote cross border business activity • Supply chain excellence is recognized as critical to success in the global economy
• Growth in foreign investment by U.S. companies has been huge, and outsourcing is exploding
GLOBALIZATION
WHEN HAS IT STARTED?
Globalization
• Though scholars place the origins of globalization in modern times, others trace its history long before the European age of discovery and voyages to the
New World. Some even trace the origins to the third millennium BCE. In the late 19th century and early 20th century, the connectedness of the world's economies and cultures grew very quickly.
• The term globalization has been increasingly used since the mid-1980s and especially since the mid-1990s.
• In