Has many aspects determining management. … GLOBALISATION Has many aspects determining management. …

Globalisation: Various aspects the tendency for the world economy to work as one unit, led by large international companies doing business all over the world free movement of capital , goods… trade liberalisation Other aspects?

Advantages vs disadvantages Positive aspects e.g. What about these? Globalisation increases competition among companies. Increasing importance of some industries vital for larger strata of populations, esp. in the developing countries. Globalisation may prevent governments to have (absolute) control over their welfare systems. Breaking down cultural barriers, or even destruction of individual cultures, traditions

VARIOUS EffectS of globaliSation What is your opinion? Do you agree with these? Globalisation may enable a more even distribution of wealth Globalisation has an impact on welfare benefits - money paid by the government to people in need, for example, the unemployed. Global compaies are in different industries Globalisation creates cross – cultural problems International companies strongly influence governments’ actions.

The term Global appears in several contexts E.G. - Economies – svetovno gospodarstvo - Trade –svetovna trgovina - Turnover – celoten promet But also other in other contexts: e.g. global warming Any other?

Global context and comparisson successful – more successful – most successful global – more global – most global rich – richer – richest early – earlier – earliest big – bigger – biggest Other? Related to Size, turnover,

Globalisation is associated with locations, product areas Areas of work/business/trade Advertising Profitability Shifting of markets Brandings Legal protection of registered products, author’s rights Global travel

Opposites Big business Demand Multinational trade Developed economy Steady rise in profits Inefficient Unhelpful Important illegal Small business Supply National trade Developing market Stalemate, fall in … Over-consumption

A FEW CONCEPTS RELATED TO BUSINESS WORLD CONSUMERISM: the economic belief that it is good for a country if people purchase and use many goods and services over- consumption causes exploitation of natural resources and pollution Without the stimulus of consumerism there would be less invention and innovation of new products. Creation of false needs. A gap between haves and have- nots

People in global business Executive (vodstveni delavec): Senior -, Sales -, CEO Entrepreneur (the same form for women and men) Business leaders Property tycoon, publishing mogul, oil magnate Chief Executive Officer Someone who starts a company, arranges business deals and takes risks in order to make profit Rich and successful people with power and influence who head organisations