Determines what type of business. Also how your set up Multinational or so on... Globilization means that everywhere and anybody is your competition. So now companies have to compete harder for business. Every thing is now focused on the best quality for the cheapest price. So there are many forms of outsourcing being done. Companies in other countries can often perform some services or produce products cheaper than in the country your in.
Growth to a global or world wide scale. globilization is a process of interaction and integration among the people, companies and governments of different nations. (the book definition from my class, so its reliable)
nature and effects of competiton?
You mean globalization, it mean how an idea, inventions, and production or etc. gets from one place to another. Including culture, business, traditions, immigration; this also includes the improvements and method of developing countries as well
adavantages of globilization is that medicicnes all over the world spread
pricing war and its impact on the business
Your business services might be rejected by some customers.
hvb
with industrialization ca
So cars don't go through the business's front window.
More sales for the business
insurance companies business families
boom panes