GLOBALIZATION AND ITS
IMPACT ON DUNKIN’ DONUTS
SUBMITTED TO: SUBMITTED BY:
CESAR POLVOROSA JR. RAVNEET SIDHU
825005119
INTRODUCTION
GLOBALIZATION:
It is the process of international integration arising from the interchange of world views, product,
ideas and other aspects of culture.
In simpler words, it can be defined as- The worldwide movement towards
economic, financial, trade, and communications integration. Globalization implies the opening of
local and nationalistic perspectives to a broader outlook of an interconnected and interdependent
world with free transfer of capital, goods, and services across national frontiers. However, it does
not include unhindered movement of labor and, as suggested by some economists, may hurt smaller
or fragile economies if applied indiscriminately.
IMPACT OF GLOBALIZATION ON WORLD ECONOMY:
POSITIVE IMPACT OF GLOBALIZATION ON WORLD ECONOMY:
1. More efficient markets
The sign of an efficient market is where there is an equilibrium between what buyers are willing to
pay for a good or service and what sellers are willing to sell for a good or service. If you can improve
the way you produce a good or service by doing things such as outsourcing certain processes or
