Question

Define globalization and discuss the factors causing globalization in international business

Answer 1

Globalisation means trade and interaction and intergration among the people , goverment and country.

Factor:-

1- rapid improvement in technology.

2-Faster transport system.

3:-Development in telecommunication.

Answer 2

Globalization, or globalisation, is the process of interaction and integration among people, companies, and governments worldwide. Globalization has accelerated since the 18th century due to advances in transportation and communication technology.

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