December 2015
Intermediate to advanced
313 pages
16h 2m
English
Content preview from International Business, 2nd Edition by Pearson
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2 International Business
INTRODUCTION
Globalization is a popular term of usage these days.
It is a common expression for a number of changes
that can be observed in the global economy over the
last couple of decades. It includes various processes
which range from changes in economic systems,
cultural homogeneity or sameness and worldwide
changes in the political system.
Globalization is the process of increasing inter-
connectedness in the global economy, such that
events in one part of the world have an effect on
people and societies in various other corners of the globe. However, globalization is not a single, all-
encompassing process sweeping ...
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