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What is Culture and discuss with examples on determinants of culture. Chapter 1 Globalization ©McGraw-Hill Education. All rights reserved. Authorized only for instructor use in the classroom. No reproduction or further distribution permitted without the prior written consent of McGraw-Hill Education. Learning Objectives LO 1-1 Understand what is meant by the term globalization. LO 1-2 Recognize the main drivers of globalization. LO 1-3 Describe the changing nature of the global economy. LO 1-4 Explain the main arguments in the debate over the impact of globalization. LO 1-5 Understand how the process of globalization is creating opportunities and challenges for management practice. ©McGraw-Hill Education. What Is Globalization? 1 of 3 ‫ﻋوﻟﻣﺔ اﻷﺳواق‬ ‫ھﺑوط اﻟﺣواﺟز أﻣﺎم‬ The Globalization of Markets ‫اﻟﺗﺟﺎرة واﻻﺳﺗﺛﻣﺎر ﻋﺑر‬ ‫اﻟﺣدود‬ * Falling barriers to cross-

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