What are the drivers of globalization?
1. Communication : example : Internet . Internet provides easy and effective communication thus reducing the time needed to exchange details. It also provides opportunity identify new markets and new products.
2. Connectivity : example : Transportation: Air, sea and other surface based transport enable movement of goods and people.
3. Knowledge : Knowledge of markets and regulations.
4. Standardisation : example : Accounting standards. IFRS provides uniform way of presenting the financial information. It is also possible to standardise laws and technical terms which will enable understanding and resolving disputes. In-co-terms is an example of such standardisation.
What are the five major kinds of drivers that are leading international firms to the globalization of there operations?
There are many drivers to the political, social, economic, technological and linguistic phenomenon of globalization. These include the global standardization of business, products and consumer expectations from multinational corporations. There have also been the elimination of political borders and barriers such as through the European Union and liberalization of visa regimes throughout the world. Also the internet, English language, and Americanization altogether remains continuing forces behind globalization.
The following list is a list of countries of the world sorted by their globalization, the global connectivity, integration and interdependence in the economic, social, technological, cultural, political, and ecological spheres. The most Globalized country is Belgium with a globalization index is 92.95 2)Austria globalization index is 92.51 3)Netherlands globalization index is 91.90 4)Switzerland globalization index is 90.55 5)Sweden globalization index is 89.75 6)Denmark globalization index is 89.68 7)Canada globalization index is 88.24 8)Portugal globalization…
Actually, anti-globalization starts from family; you are being indoctrinated into globalization with this question. As proof, just spend a day with your family, or various members of it, without any of the trappings of globalization--no internet, television, etc., and the lie will become clearer. Globalization starts by abandoning your family.