The benefits derived while doing trade worldwidely.
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Globalization
The antonym for globalization is localization, which refers to focusing on local or regional markets and cultures rather than global integration.
Today. everything has changed, globalization. the internationalization of markets and corporations. has changed the way modern corporations do business.
Globalization refers to a process that expands a business reach overseas. Many businesses find that they make more money by expanding to overseas markets.
Globalization allows resources to be moved into areas where they are needed, providing an effective way to deal with large-scale shortages for the first time in history. But globalization has encouraged farming in such areas to grow crops for lucrative western markets instead of the foodstuffs needed for less well-paying local markets.
Globalization is positive for the devolepd countries where they can have new markets but not for the poor countries. Because the markets for poor countries flooded with cheap products where local producers unable to sell their local products which will have negative impact on the local economy.
Generally globalization would not help farmers in lesser developed regions as with globalization bigger corporations will have access to sell their products in those lesser developed regions. But farmers can also use globalization to their benefit by selling their goods and expanding their markets elsewhere through the means of globalization and industrialization.
Globalization has made it possible for Nigerian businesses to find markets abroad. Globalization has also ensured that Nigerians get products and services that are not available locally.
It depends if you are from Euromed Management or not... First you have to explain landscape.? Then it is easy. But what is landscape???
Globalization refers to international integration mainly for business purposes. This mainly has a positive effect on agriculture since farmers have ready markets across the globe to sell their produce.
Technology that creates the ability for greater connectivity has an impact on globalization. Developing nations have the ability to compete on the International marketplace against larger firms.