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Economic globalization refers to the widespread international movement of goods, capital, services, technology and information. It is the increasing economic integration and interdependence of national, regional, and local economies across the world through an intensification of cross-border movement of goods, services, technologies and capital ...
Global sourcing. Global sourcing is the practice of sourcing from the global market for goods and services across geopolitical boundaries. Global sourcing often aims to exploit global efficiencies in the delivery of a product or service. These efficiencies include low cost skilled labor, low cost raw material, extreme international competition ...
Global marketing is defined as “ marketing on a worldwide scale reconciling or taking global operational differences, similarities and opportunities to reach global objectives". [1][2] Global marketing is also a field of study in general business management that markets products, solutions, and services to customers locally, nationally, and ...
Of course, in globalized business, moving your own manufacturing or assembly is not a decision to be taken in isolation. Behind any one company’s operation is an entire supply chain.
e. International trade is the exchange of capital, goods, and services across international borders or territories [ 1 ] because there is a need or want of goods or services. [ 2 ] (see: World economy) In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has existed throughout ...
Look up Cocacolonization in Wiktionary, the free dictionary. Cocacolonization (alternatively coca-colonization) refers to the globalization of American culture (also referred to as Americanization) pushed through popular American products such as the soft-drink brand Coca-Cola. [1] The term is a portmanteau of the name of the multinational soft ...
Cultural globalization refers to the transmission of ideas, meanings and values around the world in such a way as to extend and intensify social relations. [ 1 ] This process is marked by the common consumption of cultures that have been diffused by the Internet, popular culture media, and international travel.
In this essay from the Locarno Critics Academy, recent experimental films provide a fresh way of looking at globalization.