Business Discussion

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oyvmm003

Business Finance

Description

Develop your own definition of globalization. There are six questions below. You are required to answer to all the first three. Then answer to only one of your choice from the last three questions (Total of four). In addition, you are required to insert the sources (based on your research) you will use for the discussion. You should state your position at the first paragraph following by examples/facts from the sources as your arguments .

a. What is globalization?

b. What is the meaning of globalization in terms of business? (Individual business vs. multicultural business)

c. What is the meaning of globalization in terms of culture? (Culture vs. cultures)

d. Is globalization a higher stage in human progress? Explain.

e. What are the differences between an official vision and academic one in globalization.

f. In your vision, how would you describe the Jack Welsh of the future?


Please follow the directions carefully. 500-550 words

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Explanation & Answer

Attached.

Running head: GLOBALIZATION

1

Globalization
Name
Institutional Affiliation

GLOBALIZATION

2
Globalization

When different countries interconnect to trade among themselves, then that is called
globalization. Therefore globalization is the interconnection and the integration of different
nations, governments, and cultures that are brought together by international trade. It has
developed from the ancient times due to the development in communication technology,
transportation has also become easy and thus making it easy for the international business to
grow which is the major reason for globalization (Ritzer at al 2016).
Meaning of globalization in terms of business (Individual business vs. multicultural
business)
Globalization regarding business is whereby an individual or a company operating their
businesses in a country moves and starts operating in multiple countries. While operatin...


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