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What Is the Phase Model of Globalization? Identify the Factors

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Essay

What is the phase model of globalization? Identify the factors that have allowed companies to follow different paths to globalization,and then explain the nature of the global new venture. Comment on the extent to which it is likely that this latter approach to globalization will increase.


Definitions:

Lateral Acceleration

The rate of change of velocity of a body in a direction perpendicular to its direction of motion, often measured in vehicles to determine cornering capabilities.

Body Roll

The tilting or leaning of a vehicle's body to one side, especially noticeable when turning corners due to centrifugal force.

Stabilizer Bar

A steel bar attached to the lower control arms or axle assembly and to the body or frame; designed to minimize body roll when the vehicle is cornering. Also called sway bar or anti-roll bar.

Leaf Springs

A simple form of spring commonly used for the suspension in wheeled vehicles, consisting of several layers of metal bound together to absorb shocks.

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