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Exhibit 1.1 – The Largest Companies in the World

Exhibit 1.1 – The Largest Companies in the World

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Globalization

•• Worldwide

Worldwide trend

trend ofof the

the economies

economies ofof the

the world

world

becoming

becoming borderless

borderless and

and interlinked.

interlinked.

•• Not

Not all

all economies

economies are

are participating

participating or

or benefiting

benefiting

equally

equally inin the

the process.

process.

•• Important

Important forces

forces are

are driving

driving globalization.

globalization.

•• ItIt isis also

also important

important toto look

look atat classifications

classifications ofof the

the

world’s

world’s economies.

economies.

Copyright© 2005 South-Western/Thomson Learning All rights reserved



Countries of the World: The

Arrived, the Coming, and the

Struggling

•• Developed

Developed countries:

countries: mature

mature economies

economies with

with

substantial

substantial per

per capita

capita Gross

Gross Domestic

Domestic Product,

Product,

international

international trade,

trade, and

and investments.

investments.

•• Developing

Developing countries:

countries: economies

economies that

that have

have grown

grown

extensively

extensively over

over past

past two

two decades,

decades, e.g.,

e.g., Hong

Hong Kong,

Kong,

Singapore,

Singapore, South

South Korea.

Korea.



Copyright© 2005 South-Western/Thomson Learning All rights reserved



Countries of the World: The

Arrived, the Coming, and the

Struggling

•• Transition

Transition economies:

economies: countries

countries that

that have

have changed

changed

from

from mostly

mostly communist

communist systems

systems toto market/capitalistic

market/capitalistic

systems,

systems,

•• e.g.,

e.g., Czech

Czech republic,

republic, Hungary,

Hungary, Poland.

Poland.

•• Less

Less developed

developed countries:

countries: have

have yet

yet toto show

show much

much

progress

progress inin the

the global

global economy

economy

most

most are

are located

located inin Central

Central and

and South

SouthAmerica

America and

and

Africa.

Africa.

Copyrightâ 2005 South-Western/Thomson Learning All rights reserved



Exhibit 1.2: Selected

Economies of the World



Copyright© 2005 South-Western/Thomson Learning All rights reserved



The Globalizing Economy:

Seven Key Trends

••

••

••

••



Disintegrating

Disintegrating borders

borders

Growing

Growing cross-border

cross-border trade

trade and

and investment

investment

The

The rise

rise ofof global

global products

products and

and global

global customers

customers

Privatizations

Privatizations



Copyright© 2005 South-Western/Thomson Learning All rights reserved



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Exhibit 1.1 – The Largest Companies in the World

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