Lesson 1 - Concepts of Globalization PDF

Articulation of Purpose Globalization is inevitable in the world right now. Most of the countries open their borders in order to embrace new technologies and opportunities to make their living better. Even those countries that long before have closed their territories and tried to be isolated...

Articulation of Purpose Globalization is inevitable in the world right now. Most of the countries open their borders in order to embrace new technologies and opportunities to make their living better. Even those countries that long before have closed their territories and tried to be isolated has been convinced that globalization must be accepted Our country is no exemption on this. In fact, President Marcos has travelled in many countries encouraging foreign investors to build their businesses in the Philippines for better employment opportunities Today we will learn the basic concepts of Globalization in pursuance of attaining our Program Educational Objectives Objectives Analyse how Globalization affects a nation. Evaluate how our country can compete with global economic competitions Suggest ways on how we can make our country competitive for Globalization The Internet Increased the flow of information and knowledge Access to new ideas Exchanges of culture Led to the closing of DIGITAL DIVIDE AI and IoT ARTIFICIAL INTELLIGENCE INTERNET of THINGS Enable the tracking of Assets in Transit TRANSPORTATION AND LOGISTICS Transportation - movement of goods and people from one place to another. Logistics - process of planning, coordinating, and managing the movement of goods and services from the point of origin to the point of consumption. COMMUNICATION TECHNOLOGY The advent of 4G and 5G Technology has dramatically increased the speed and responsiveness of wireless mobile and wireless networks BLOCK CHAIN The technology of decentralization of databases that facilitates secure access of data. MANUFACTURING Automation speeds up the process of production and supply chain giving more flexibility to the workforce 3D printers are used to fuse plastics, metals and other raw materials into new objects. The 3D printing process is a so- called additive production process that joins materials in layers.  AI and IoT – efficient tracking of assets in transit TRANSPORTATION and INTERNET – flow of LOGISTICS – faster delivery information of products GLOBALIZATION COMMUNICATION – faster MANUFACTURING – faster and more responsive wireless and efficient production of network products BLOCK CHAIN – decentralization of databases Generalization Explain the importance of Globalization