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Globalization

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What is globalization? Why has globalization become so important during the last 10 years?

How will globalization change financial management in the future?

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Solution Summary

This solution defined globalization, explained the importance of it in the past decade and how it will change financial management in the future.

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Globalization is the use of technology by means of using the internet to use by means of advancing self and/or one's business. This is a worldwide phenomenon that occurs with people all around the globe. They meet on the World Wide Web and form their own website to gain revenue with their organization. Trade occurs much easier by means of using email, web conferences, Skype, Facebook, and so forth; consequently, one utilizes the government, politics, economics and much more. With all these factors working together, people are able to use social networking to grow their incomes as well as are able to have an ...

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