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What Is the Phase Model of Globalization? Identify the Factors

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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:

Socialization

The process through which individuals learn and internalize the values, beliefs, and norms of their society and culture, shaping their sense of self and their behavior.

Conversation

The informal exchange of ideas, information, and feelings between two or more people through spoken words or written text.

Conflict Theory

focuses on the social and material inequalities of different groups in a society, suggesting that these conflicting interests are the engine of social change.

Actualize Will

The process of making one's desires, intentions, or ambitions a reality through action and determination.

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