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Globalization and international business

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What are the primary forces driving the increased growth in globalization and international business?

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Solution Summary

The response addresses the queries posted in 485 words with references.

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The response addresses the queries posted in 485 words with references.

//Basic meaning of globalization is to melt down the limits of the border of various countries. It is a complex, multidimensional and uneven process, through which goods and services, capital, people, information and ideas flow across the borders. This leads to a greater integration of different economies and societies. The international business consists of all the business activities between two or more countries. In this section, a brief discussion is done about the factors that induce the globalization. //

In the current scenario, the pace of globalization has increased significantly. The world has seen the evolution of the global business environment, especially in last two decades. Majority of the organizations have marked their global presence through ...

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  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
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