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Globolization Revised

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GLOBOLIZATION
STUDENT’S NAME:
UNIT TITLE:
COURSE TITLE:
INSTRUCTOR’S NAME:
DATE OF SUBMISSION:

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GLOBOLIZATION
Globalization refers to a situation where there is exchange of ideas, culture, commodities and
other valuables worldwide. It can apply between firms, governments and individuals. Generally
it has been made possible by the current technological advancement. It has both advantages and
disadvantages and disadvantages. According to our context the term good refers to the benefits
which come As a result of international integration.
Benefits include:
Premise 1, businesses are able to get a diverse market for their products. Since many countries
are involved, market availability is also high and in return the sales of a company increases.
Conclusion 1, Out of this those firms are able to realize high profits which ensures continuity of
a company.
Premise 2, there is also proper utilization of resources without wastage.
Conclusion 2, Nations that produces surplus goods or have more of the natural resources, they
are in a position to dispose off their excess to companies of other countries without.
Conclusion3, this is because no country can satisfy itself fully, which leads to creation of new
industries in other states since they have supply of raw materials that is, it encourages
investment.

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GLOBOLIZATION STUDENT’S NAME: UNIT TITLE: COURSE TITLE: INSTRUCTOR’S NAME: DATE OF SUBMISSION: GLOBOLIZATION Globalization refers to a situation where there is exchange of ideas, culture, commodities and other valuables worldwide. It can apply between firms, governments and individuals. Generally it has been made possible by the current technological advancement. It has both advantages and disadvantages and disadvantages. According to our context the term good refers to the benefits which come As a result of international integration. Benefits include: Premise 1, businesses are able to get a diverse market for their products. Since many countries are involved, market availability is also high and in return the sales of a company increases. Conclusion 1, Out of this those firms are able to realize high profits which ensures continuity of a company. Premise 2, there is also proper utilization of resources without wastage. Conclusion 2, Nations that produces surplus goods or have more of the natural resources, they are in a position to dispose off their excess to companies of other countries without. Conclusion3, this is because no country can satisfy itself fully, which leads to creation of new industries in other states since they have supply of raw materials that is, it encourages investment. GLOBOLIZATION Premise 3, due to interactions different nations can exchange ideas regarding production of similar commodities and services at a lower cost. Conclusion 3, this e ...
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