I am trying to understand the driving forces behind globalization and how a CEO's viewpoint on globalization would impact how he/she runs the company. Here are my questions:
What are the primary forces driving the increased growth in globalization and international business?
Summarize the three viewpoints on globalization and how the viewpoint selected by a CEO might impact how the CEO plans for the company's future.
Let's take a closer look at these interesting questions. I also attached a supporting article for #2, some of which this response is drawn, and which expands on the three views of globalization.
1. What is the primary forces driving the increased growth in globalization and international business?
"The foundation of globalization is international trade. An indication of increased globalization can be seen when the growth in world output is compared to the growth in world trade" (http://www.esrc.ac.uk/ESRCInfoCentre/about/CI/CP/Our_Society_Today/globalisation/forces.aspx).
The major driving forces of the growth of globalization and international business include:
? Falling costs. In the last 20 years, we have seen costs fallen in transportation, communication, tariffs and currency exchanges resulting is an increase in international trade, interaction and mobility, and advances in technology. For one, take the internet and mobile telephony for example, which have been adopted by more people more quickly than any other technologies in history. For instance one report in 1990 reports that "there were 530 million fixed or mobile telephone subscriptions and by 2004 there were almost 3 billion, which is nearly one for every two people on the planet" ...
Addresses the questions about globalization. Supplemented with a related article.