Globalization
Who is affected?
Countries
Examples
Canada
United Kingdom
United States
India
China
Brazil
Economic Growth
Increased Trade
Access to Global Markets
Cultural Exchange
Cultural Integration
Exchange of Cultures
Environmental Impact
More Pollution
Increased Resource Depletion
Wildlife Destruction
Workers
Examples
Nike
Nestle
Ford
IBM
Job Opportunities
Increased Employment
Productive Workforce
Working Conditions
Exploitation
Efficient Workers
Wage Suppression
Companies
Examples
PepsiCo
Apple
Shell
Coca-Cola
Cost Savings
Cheap Labour
Cheap Raw Materials
Copper
Lithium
Oil
Gold
Corn
Increased Competition
Drives Innovation
Saturated Markets
Canada
United States
United Kingdom
Examples
Samsung
Hyundai
Expended Market Access
Developed Regions
North America
Oceania
Europe
Developing Regions
Asia
South Africa
Africa
Interdependence
Sectors
Economic
Information Technology
Manufacturing
Agriculture
Logistics
Factors Affecting a Country's Global Business Participation
Economic Stability
The more stable a country,
the higher potential it has to attract
foreign investments
Stable Countries
China
United Kingdom
Jordan
Germany
United States
Unstable Countries
Russia
Central African Republic
Syria
Venezuela
Myanmar
Trade Policies
Government policies such as tariffs,
trade agreements, and regulations,
will influence the country's ability to
participate in international business.
Countries With Restrictive Trade Policies (With the US)
North Korea
Cuba
Syria
Iran
Venezuela
Countries With Open Trade Policies (With the US)
Canada
Saudi Arabia
Brazil
United Kingdom
Israel
Infrastructure
Adequate infrastructure, such as transportation,
logistics, and communication are crucial for efficient
global trade and a country's ability to participate in
international business.
Countries With Developed Infrastructure
Canada
United States
South Korea
Japan
United Kingdom
Countries With Developing/Undeveloped Infrastructure
India
Russia
D.R. Congo
Mozambique
Laos
Market Size
The size of a market (a country and its potential
buyers) will affect and attract foreign business
towards itself.
Large Markets
United States
China
Indonesia
India
Small Markets
Kazakhstan
Iceland
Libya
Currency Exchange
Exchange rate stability (the stability
of a country's currency) will affect it's
ability to do international business.
Countries With The Strongest Currencies
United States (USD)
United Kingdom (GBP)
European Union (EUR)
Switzerland (CHF)
Countries With The Weakest Currencies
Russia (RUB)
Iran (IRR)
Vietnamese Dong (VND)
Guinea (GNF)
Every sector relies on each other, regardless
of the business, target market, or place of
operation. This is how the economy generates
revenue, and if a vital sector were to suddenly
disappear, the resulting damage would be
catastrophic. This is interdependence.
Who Relies on Who?
Each Other