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Globalization
1-3
• There is a shortage of
radiologists in the United
States and demand for their
services is growing twice as
fast as the rate of graduation
• Solution to the problem:
Send images over the
Internet to be interpreted by
radiologists in India
McGraw-Hill/Irwin
International Business, 6/e © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved.
1-4
McGraw-Hill/Irwin
International Business, 6/e © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved.
1-5
What is Globalization?
McGraw-Hill/Irwin
International Business, 6/e © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved.
1-6
Globalization of Markets
McGraw-Hill/Irwin
International Business, 6/e © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved.
1-7
Globalization of Markets
McGraw-Hill/Irwin
International Business, 6/e © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved.
1-8
Globalization of Markets
McGraw-Hill/Irwin
International Business, 6/e © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved.
1-9
Globalization of Production
McGraw-Hill/Irwin
International Business, 6/e © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved.
1 - 10
Globalization of Production
McGraw-Hill/Irwin
International Business, 6/e © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved.
1 - 11
Globalization of Production
McGraw-Hill/Irwin
International Business, 6/e © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved.
1 - 12
McGraw-Hill/Irwin
International Business, 6/e © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved.
1 - 13
Drivers of Globalization
McGraw-Hill/Irwin
International Business, 6/e © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved.
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McGraw-Hill/Irwin
International Business, 6/e © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved.
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McGraw-Hill/Irwin
International Business, 6/e © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved.
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Growth Trends
800
700
600
Index 1992=100
500
400
300
200
100
0
9 92 9 93 9 94 9 95 9 96 9 97 9 98 9 99 0 00 0 01 0 02 0 03 0 04
1 1 1 1 1 1 1 1 2 2 2 2 2
McGraw-Hill/Irwin
International Business, 6/e © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved.
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3100
2600
Index 1950=100
2100
1600
1100
600
100
50
54
58
62
66
70
74
78
82
86
90
94
98
02
19
19
19
19
19
19
19
19
19
19
19
19
19
20
Total Merchandise Exports World Production
McGraw-Hill/Irwin
International Business, 6/e © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved.
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McGraw-Hill/Irwin
International Business, 6/e © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved.
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700.00
600.00
Internet Users per 1000 people
500.00
400.00
300.00
200.00
100.00
0.00
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
Japan United States European Monetary Union World
McGraw-Hill/Irwin
International Business, 6/e © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved.
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McGraw-Hill/Irwin
International Business, 6/e © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved.
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McGraw-Hill/Irwin
International Business, 6/e © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved.
1 - 22
McGraw-Hill/Irwin
International Business, 6/e © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved.
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Looking Ahead
McGraw-Hill/Irwin
International Business, 6/e © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved.