AFM333 Lecture Notes - Lecture 1: Call Centre, Optical Fiber, Fortune Global 500

• School: University of Waterloo
• Department: Accounting & Financial Management
• Course: AFM333
• Professor: Seth Brouwers

Document Summary

Wiring the world: billions of dollars into fibre optic cables, more people participating as consumers and workers had access instantaneously, call center industry in india. Drivers of globalization: gatt and wto, march towards free trade, emerging markets, opening of china as a manufacturer. India, soviet union: new consumers and producers, technology, connection of people. Why globalization: magna, motor manufacturers, operations all over the world, people, plants, compete globally for customers, work with global manufacturing companies, celestica, custom semi-conductor manufacturing, compete globally for global customers, td bank, bought major u. s. bank, retail bank. Investment banking: clearly global, canadian tire, only have stores in canada and sell to canadians, sources everything globally. Smallest and newest startup at velocity: recruiting for talent, hire engineers and developers, competing with companies such as google, facebook, amazon. Globalization in the early 2000s: global tidal wave in 2005, more middle class in india and china than u. s.