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Globalization

Globalization









By
Mike Sutter











University of Phoenix
MGT 448
Cory A. Wengreen
October 1, 2002










Globalization

Introduction

Globalization can be defined as the ongoing global trend toward the free flow of goods and services and the creation of a world economy. Through global trade and cooperation, Globalization aim to benefit everyone who partakes in it. While it provides a great number of benefits to society, they are provided at the expense of others. Since it is argued for the greater good, it has become one of the most heated topics in international business
Benefits
One of the most practical benefits that has resulted from globalization is the tremendous increase in the speed of communication. The prime example would be the Internet. The Internet is a global medium that instantaneously provides swarms of material containing information uploaded from various parts of the world. Since this informati...

Posted by: Amy Hetzel

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