Globalization and commerce
Summary :
Table of Contents
- What is globalization?
- We can define globalization in some different levels.
- Worldwide level.
- Country level.
- Industry level.
- Specific company level.
- Why is globalization important?
- Country and regional level.
- Industry drivers.
- Strategy drivers.
- Advantages of globalization.
- Economically.
- Culturally.
- Majority of international business.
- Global industries.
- Sources.
Abstract
globalization is the production and distribution of products and services of a homogeneous type and quality on a worldwide basis. "globalization is the activity whereby "distinct" national economies are subsumed and re-articulated into the system by essentially international processes and transactions" Hirst and Thomson, 1992. globalization means, in brief, making the whole world a small village. For some it is building up a "united universal empire." Another point of view takes this word to mean overcoming the old obstacles of nationality, demography and geography, and dealing universally without limiting boundaries. It also means the freedom of communication in all domains in the world. As for the source of this world movement, it is a part of our world, North America. In its universality, globalization depends on economy and media, using advanced technological networks that have expanded in the world without any objections or boundaries, languages or politics.
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