What is globalisation what is the role of mncs in the globalisation process?
Answers
Explanation:
Globalization is the word used to describe the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.
Multinational corporations are a function of this interconnectedness, as they can form and utilise the connections between national economies, to operate within multiple countries. ... These global financial flows between economies epitomise the interconnectedness and thus globalisation of the world economy.
Answer:
the process by which businesses or other organizations develop international influence or start operating on an international scale.
"fears about the increasing globalization of the world economy"
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