Drivers & hurdles of globalization • 1. V.B.Shah Institute of Management Subject: Business Environment Topic: Drivers & Hurdles of Globalization • Roll no. Name 226 Nasit Janak 236 Patel Vidur 237 Patel Vikas 238 Patel Vinay 239 Pathak Denish 252 Savani Jay TYBBA (Div-2) Group Members • Globalization The term Globalization refers to processes of international integration arising from the interchange of world views, products, ideas, and other aspects of culture. Advances in transportation and Telecommunications, infrastructure, including the rise of the telegraph and its posterity the Internet, are major factors in globalization, generating further interdependence of economic and cultural activities. • Drivers of Globalization The media and almost every book on globalization and international business speak about different drivers of globalization and they can basically be separated into five different groups: • 1) Technological drivers Technology shaped and set the foundation for modern globalization. Gem de che. Innovations in the transportation technology revolutionized the industry. Define GlobalizationThe primary drivers of globalization are rapid advancements in technology, culture, economics and politics. With each passing year, the speed at which transactions take place and the spreading influence of cultural forces serve to integrate international societies. Major Drivers Of GlobalizationThe most important developments among these are the commercial jet aircraft and the concept of containerization in the late 1970s and 1980s. Inventions in the area of microprocessors and telecommunications enabled highly effective computing and communication at a low-cost level. Moloy is a good-nature, large-hear-ted man. Kasauti zindagi ki 2 episode 5. His wife Mohini, on the other hand, is arrogant and manipulative.
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