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What Is Globalisation? What Are the Benefits and Risks for an Organisation

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What is globalisation? What are the benefits and risks for an organisation operating in a global marketplace?


Definitions:

Scattergram

A graphical representation using dots to show the relationship or distribution of two variables, often used in statistics and data analysis.

Absolute Data

Quantitative information that is completely independent of other numbers, providing specific facts rather than relative or comparative metrics.

Relative Data

Information that is pertinent or relevant in comparison to another set of data, often used to analyze relationships or trends.

Earning Gap

The disparity in income between different demographics, such as between genders or races, often pointing to issues of inequality or discrimination in the workforce.

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