Globalization Graphic Organizer

International Business

Graphic Organizer

By Jonathan Zhou

Trade of various international goods/service has caused the public to appreciate other countries and spurred the toursim industry.

Barriers to international trade are eliminated for the rational greater good of everyone in the world. Global and political cooperation is increased.

A dependency is formed around the production of other countries.

Efficiency and competitive prices has become an important value to companies and cheap international products are prefered by the public. Division of labour has gone up and job security has gone down.

After World War II, countries have sought peace and stability. This results in a much more safe and secure economy and life style for the public.

Globalization has influenced many to become more accepting of diversity.

To become more efficient, we rely on other countries to produce goods/services they have a competitive advantage in.

Exploitation of countries with excess labour: dangerous working conditions, sweatshops, child labour. And other ethnic issues.

production facilities can be outsourced to wherever costs are lowest and earnings greatest

Arguments and conflict has arisen between parties of differing paradigms. Some reject the concept of accepting foreigners and relying on other countries for products.

Tolerance and reconciliation has been shown by countries. For example, the US recently has lifted an embargo on Cuba.

A SHift in

the prevalence of

Rationalism

Society's

International financiers and banking jobs are created for workers.

& Capitalism

Values

Simple, fast and reliable international money transfers and payments.

& Capitalism

Many disagree with the decisions of the WTO and believe it to undemocratic, resulting in a loss of trust.

GLOBAL

Banking

Further growth and international trade is made less chaotic and rules are set. This builds a trust within countries.

Possible instability fluctuating currencies.

The causes of

GLOBALIZATION

Controversy and conflict has arisen from disagreements and agreements surrounding trade policies and free trade.

Transportation

Brought on a much more intelligent and informed society. We now understand other countries better than ever before, promoting diversity and immigration.

RegulationS

& Communication

COMMUNICATION TECHNOLOGY

& Organizations

An in-depth

Technology

& Agreements

Allow beneficial competition to flourish and encourages innovation.

MInd map

Translator jobs and technology creation/service jobs increased.

Free Trade Agreements

Damage to the environment. (pollution, over harvesting)

Greatly improves diplomatic relations between countries.

INTERNATIONAL

SHIPPING AND CONTAINMENT

Jonathan Zhou

BBB4M1

Sept. 2016

Creates positive competition in markets and promotes innovation and competitive prices.

Cheap and effective shipping technology hurts local businesses.

economic

Increased and changed the food supply available in countries. Protected food from spoiling.

Employee

Increases the income and quality of life of some.

Growth

Mobility

Immigration

Provides and introduces new jobs as the economy expands.

Opens up new markets for certain foreign product because immigrants will have a demand for them.

Job creation for international workers and allows adventurers to travel and live their dreams while working.

Creates uneven income distribution and increases wage gaps.

Cultural appropriation or changes to important foreign traditions may be affected by immigration and emigration.

Investors are encouraged to spend and invest in business.

Larger economies will invade the markets of developing ones for further growth.

Diverse communities are created and opportunities for foreigners to find success. e.g. "The American Dream".

Legend