Scribd Logo
Upload

Welcome to Scribd!

  • 23 views

    Lesson 1.doc CW

    Uploaded by

    ZAMORA, Pamela B.
    This document provides an introduction to the concept of globalization. It begins with a story about three students - Gio from the Philippines, Latif from Malaysia, and Laksa - who experience different aspects of their cultures through their interactions with one another. It then defines globalization as the increasing flow of ideas, people, goods, services, and capital between countries. Key aspects that drive globalization are discussed, such as proximity, location, and attitude. The four main dimensions of globalization are also outlined as the globalization of trade, financial markets, technology/communication, and production. Overall, globalization refers to the growing integration of national markets into a global market through increased free trade and flow of ideas and resources worldwide

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Lesson 1.doc CW

    Uploaded by

    ZAMORA, Pamela B.
    23 views3 pages
    This document provides an introduction to the concept of globalization. It begins with a story about three students - Gio from the Philippines, Latif from Malaysia, and Laksa - who experience different aspects of their cultures through their interactions with one another. It then defines globalization as the increasing flow of ideas, people, goods, services, and capital between countries. Key aspects that drive globalization are discussed, such as proximity, location, and attitude. The four main dimensions of globalization are also outlined as the globalization of trade, financial markets, technology/communication, and production. Overall, globalization refers to the growing integration of national markets into a global market through increased free trade and flow of ideas and resources worldwide

    Original Title

    Lesson-1.doc-CW.docx

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document provides an introduction to the concept of globalization. It begins with a story about three students - Gio from the Philippines, Latif from Malaysia, and Laksa - who experience different aspects of their cultures through their interactions with one another. It then defines globalization as the increasing flow of ideas, people, goods, services, and capital between countries. Key aspects that drive globalization are discussed, such as proximity, location, and attitude. The four main dimensions of globalization are also outlined as the globalization of trade, financial markets, technology/communication, and production. Overall, globalization refers to the growing integration of national markets into a global market through increased free trade and flow of ideas and resources worldwide

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    23 views3 pages

    Lesson 1.doc CW

    Uploaded by

    ZAMORA, Pamela B.
    This document provides an introduction to the concept of globalization. It begins with a story about three students - Gio from the Philippines, Latif from Malaysia, and Laksa - who experience different aspects of their cultures through their interactions with one another. It then defines globalization as the increasing flow of ideas, people, goods, services, and capital between countries. Key aspects that drive globalization are discussed, such as proximity, location, and attitude. The four main dimensions of globalization are also outlined as the globalization of trade, financial markets, technology/communication, and production. Overall, globalization refers to the growing integration of national markets into a global market through increased free trade and flow of ideas and resources worldwide

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    You are on page 1of 3

    Lesson 1 - Introduction to Globalization

    The story below would drive you closer to the true meaning of globalization. Read the story of “Gio,
    Latif and Laksa” (retrieved from page 3 of The Contemporary World by Claudio and Abinales ) to have a
    clearer picture what makes us global.
    The quoted part of the story would allow the students realize how globalization affect their lives.

    “The story revolves around the 3 students named Gio a Filipino student sent to Sydney,
    Australia to participate the international Model UN competition. He made plenty of new friends and
    became particularly close to a Malaysian student named Latif, who is a Muslim University in Kuala
    Lumpur. The two started their acquaintance when Latif asked where Gio was from. Upon
    discovering the Gio was from the Philippines, Latif declared that he was a big fan of Filipino actors
    Jericho Rosales and Kristine Hermosa. Gio was surprised to learn that Latif had seen every
    episode of the ABS-CBN telenovela Pangako sa ‘Yo (The Promise”). Gio was ashamed that he did
    not know as much about Malaysia as Latif knew about the Philippines. In return Gio asked Latif what
    his country was like. Latif explained that in Kuala Lumpur, one can find Chinese, Indian, and Malay
    cuisines….

    What is globalization?

    Attached is a video clip about globalization, after watching this video the students are
    expected to relate and define what globalization is.

    Globalization - YouTube

    Based on the video, we can say that


     It is an economic process
     Creation of homogenous and standardized products
     Recognition by organizations that business must be global and not local focus
     It is an unprecedented scope, shape, number and complexity of business relationship
    Conducted across international boundaries

    There are three interrelated factors of globalization.


     Proximity – it means closeness. When we refer to organizations, they operate in a
    much closer distance than ever before to their customers, competitors, suppliers and
    government. Today’s proximity is a function of the shrinking globe simply because
    today’s communication and technology allows people around the world to share
    voice, video and facsimile information in minutes.
     Location – refers to the integration of organization’s operation across several
    international boundaries. For example a Nokia phone is manufactured in Finland
    and sold worldwide to customers who use the equipment to connect with anyone.
     Attitude – is the application of new and open management practices internationally.
    It combines a curiosity about the world outside one’s national borders with
    willingness to develop the capabilities for participating in the global economy.
    Four Dimensions of Globalization
    The four dimension of globalization will review the student’s background in Applied
    Economics. The details on how resources are utilized and optimized with the appropriate
    pricing methods, marketing strategies, trading and financial markets in targeting international
    trade and techniques of production will be discuss base on the following dimensions.
    1. The globalization of trade of goods and services

    2. The globalization of financial and capital markets

    3. The globalization of technology and communication

    4. The globalization of production

    After studying the above dimensions, let us define globalization as


     The process through which an increasingly flow of ideas, people, goods and services,
    technology and capital leads to the integration of economies and societies at the speed
    unprecedented in effect and outcomes. ( as cited by Danug & Campanilla, 2004, p.81)
     Globalization refers to the integration and intensification of the national markets to a
    wider global market signified by the increased free trade.

    REFERENCES:
    Claudio, Lisandro E., Abinales, Patricio N., The Contemporary World. C & E Publishing, Inc.,
    2018.
    Abelos, Tajolosa, Riego De Dios and etc., The Contemporary World. Mutya Publishing House,
    2018

    ACTIVITIES/ASSESSMENT 1:

    1. Learning activity: “ How Globalized is your home?”

    If you look in your own room and do an inventory of everything you have in your
    possession. Find the most essentials among things which are “your footwear, clothes,
    computers, bags, and televisions and cps. Add tot hat your notebooks, books, and
    supplies. Organize your inventory into two types: first, locally made (Philippines and
    second, those that are foreign brands and country of origin.

    2. For your Asynchronous activity next week. Watch the video again
    And write the advantages and disadvantage of globalization. And send in your google
    drive. Lesson 1

    Ref: You Tube

    You might also like