GLOBALISATION AND ITS IMPACT ON INTERNATIONAL BUSINESS ENVIRONMENT

1. GLOBALISATION AND ITS IMPACT ON INTERNATIONALBUSINESS
ENVIRONMENT
PRESNTED BY
Presented by:
navan sodhi

2. WHAT IS GLOBALISATION?
• Globalization is how countries
are coming together as one big
global economy, making
international trade easier.
• Globalization represents the
global integration of international
trade, investment, information
technology and cultures.

3. WHY DO WE NEED INTERNATIONAL BUSINESS?
• Acquisition Of
Resources.
• Increase In Market
Base.
• Minimizing Risk
Factor.

4. HOW IS INTERNATIONAL BUSINESS DONE!
• Import and export of
merchandise.
• Import and export of
services.
• Investments.

5. IMPACT
• International business accounts for 54% of India’s GDP. It is the
9th largest commercial importer. The sectors that attract foreign
direct investments are listed below:
• Transportation
• Travel
• Financial services
• Computer and information service

6. IMPACT IN INTERNATIONAL BUSINESS.
• Increase in competition.
• Benefit from economies of scale resulting from the expansion
of the market.
• Increase in investment as a result of expanding market and
competition.
• The formation of external economies.
• Ensuring resource efficiency resulting from free movement of
production factors.
• Savings in foreign exchange.

7. GLOBALISATION TRENDS

8. CONCLUSION
• Globalisation impact on international business is huge as well as
remarkable.
• Transactions and even small traders have been able to benefit from it.
• It helped to bring in a wave of entrepreneurship and encouraged people
to start something of their own.
• Globalisation ushers in an era of oneness that was not there before.
• Globalisation and international business are very interrelated.