Question

Advantages of globalization in international marketing

Answer 1

Globalization or globalisation is the process of interaction and integration among people, companies, and governments worldwide. As a complex and multifaceted phenomenon, globalization is considered as a form of capitalist expansion which entails the integration of local and national economies into a global, unregulated market economy. Globalization has grown due to advances in transportationand communication technology. With the increased global interactions comes the growth of international trade, ideas, and culture. Globalization is primarily an economic process of interaction and integration that's associated with social and cultural aspects. However, conflictsand diplomacy are also large parts of the history of globalization, and modern globalization.
Economically, globalization involves goods and services, and the economic resources of capital, technology, and data. Also, with the expansions of global markets liberalize the economic activities of exchange of goods and funds. Removal of Cross-Border Trades barriers has made formation of Global Markets more feasible. Globalization and its Impacts on the World Economic Development. The steam locomotive, steamship, jet engine, and container ships are some of the advances in the means of transport while the rise of the telegraph and its modern offspring, the Internet and mobile phones show development in telecommunicationsinfrastructure. All of these improvements have been major factors in globalization and have generated further interdependence of economicand cultural activities around the globe.
Though many scholars place the origins of globalization in modern times, others trace its history long before the European Age of Discovery and voyages to the New World, some even to the third millennium BC.Large-scale globalization began in the 1820s.In the late 19th century and early 20th century, the connectivity of the world's economies and cultures grew very quickly. The term globalization is recent, only establishing its current meaning in the 1970s.
In 2000, the International Monetary Fund(IMF) identified four basic aspects of globalization: trade and transactions, capital and investment movements, migration and movement of people, and the dissemination of knowledge.Further, environmental challenges such as global warming, cross-boundary water, air pollution, and over-fishing of the ocean are linked with globalization. Globalizing processes affect and are affected by business and work organization, economics, socio-cultural resources, and the natural environment. Academic literature commonly subdivides globalization into three major areas: economic globalization, cultural globalization, and political globalization.

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Answer 2

reduce marketing cause if you look at the lump sum of the squares and then yes it is hard but the cost of the same thing applies even higher if a car company has a market the product differently in each country for sale in all parts of the world in the scope of this type of marketing is so great that it becomes a unique experience Global marketing gives you access to a static image in each region could choose to market quick and efficient use of Ideas Global entity able to use the marketing Idea and more heat in the strategy to be implemented on a global scale uniformity in the practice of marketing can be Global entity to maintain a degree of constituency in the field of marketing throughout the world .


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