Seatwork #2

A process of the expansion and intensification of social relations and consciousness across world-time and world space.

• Liberalization

• Internationalization

• Globalization

• Acculturation

Which of the following is a driver of globalization?

• Technological advancement

• Trade barriers and controls inflows of foreign direct investment

• Weak competition

• Economies of scale are being exploited to the maximum

It is the oldest international trade route that spanned from China to Middle East and Europe.

• Silk road

• Hard road

• Gold road

• Bank road

What is transnational company?

• Moving across the world

• Large global firms that operate in a number of countries

• Getting a job from a company in different countries

• Selling goods to countries

A system heightened interaction between various sovereign states for the desire of greater cooperation and unity among states and people.

• Globalization

• Internationalization

• Globalism

• Internationalism

It is expanding interdependence of world economies.

• Economic globalization

• Global corporations

• Global Governance

• Globalism

The totality of norms, laws, policies and bodies that defines, comprise, and facilitate transnational relations between citizen, states, cultures, intergovernmental, and non-governmental organization.

• Globalism

• Economic globalization

• Global corporations

• Global governance

Which item below is an example of

Multinational Companies?

• McDonald’s

• SM Investment Corporation (SM)

• Shell

• General Electric 

A practice of interdependent collaboration among nation.

• Globalization

• Intergovernmental Organizations 

• Internationalism

• Nation-state

1.     What dimension does that refer to the widespread international movement of goods, capital, services, technology, and information?

• a.      Cultural Globalization

• b. Economic Globalization

• c. Political Globalization

• d. Technology