1. Globalization and International Business

2. Factors in Increased Globalization Increase in and expansion of technology Liberalization of cross-border trade and resource movements Development of services that support international business Growing consumer pressures Increased global competition Changing political situations Expanded cross-national cooperation Copyright © 2009 Pearson Education, Inc. publishing as Prentice Hall 1-2

3. The Criticisms of Globalization Threats to national sovereignty Copyright © 2009 Pearson Education, Inc. publishing as Prentice Hall 1-3

4. Reasons That Firms Engage in International Business Expanding sales Acquiring resources Minimizing risk – Portfolio Management – Diversification Copyright © 2009 Pearson Education, Inc. publishing as Prentice Hall 1-4