Globalization covers more and more countries and markets with increasing speed.1 Globalization is one of the most often used words of the present,2 but a clear definition is missing. Most of the times globalization is seen as a strong increase of the worldwide trade activities which includes the transboundary exchange of goods, services, capital as well as manpower.3 The structure of national barriers is broken up within the process of globalization to strengthen free trade and competition.4 Improvements in transportation, production and communication brought about new possibilities in the international division of labor, which brings along advantages to use scarce resources.5 Technological, political and institutional changes pushed the process of globalization through easier and faster access for market participants to goods, services and information from outside the home market.6 Globalization was not growing all by its own, but next to the improvements in technology the prerequisites were built by political initiatives like the GATT (General Agreement on Tariffs and Trade) or the liberalisation of the goods and financial markets.7 1 Vgl. SCHNEIDER (1998), S. 265; KAPILA (2002), S. 426. 2 Vgl. SCHMIDT (1998), S. 7. 3 Vgl. SOUNDARAPANDIAN (2003), S. 456; KAPILA (2002), S. 426. 4 Vgl. SOUNDARAPANDIAN (2003), S. 455; SANGMEISTER (2000), S. 9. 5 Vgl. ESCHENBURG/DABROWSKI (1998), Vorwort; SANGMEISTER (2000), S. 9. 6 Vgl. VANBERG (1998), S. 1. 7 Vgl. KÖSTERS, S. 377f.; SCHMIDT (1998), S. 33.
Inhaltsverzeichnis (Table of Contents)
- Basics and development of globalization
- Core issues of globalization
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This seminar paper explores the core issues of globalization and its impact on multinational corporations. It aims to understand the complexities of globalization and how it influences corporate decision-making in today's interconnected world.
- The impact of technological advancements on globalization
- The changing landscape of international division of labor
- The emergence of multinational corporations and strategic alliances
- The role of financial flows and investment opportunities in globalization
- The competitive pressures and challenges faced by multinational corporations in a globalized economy
Zusammenfassung der Kapitel (Chapter Summaries)
The first section delves into the basics and development of globalization, highlighting its growing reach and lack of a definitive definition. It explores the key drivers of globalization, including advancements in technology, transportation, and communication.
The section on "Core issues of globalization" examines the key aspects of globalization that influence multinational corporations. These include the reduction in transaction costs, the emergence of new dimensions in international division of labor, the growth of multinational companies and strategic alliances, and the increasing mobility of factors of production.
Schlüsselwörter (Keywords)
The primary keywords and focus topics of this seminar paper include globalization, multinational corporations, technological advancements, international division of labor, financial flows, investment opportunities, competitive pressures, and economic integration.
- Citar trabajo
- Till Schneider (Autor), 2005, Name, discuss, and assess core issues of globalization that have an influence on the conduct of multinational corporations, Múnich, GRIN Verlag, https://www.grin.com/document/40166
