Examlex

Solved

What Is Globalization? Explain, with Examples, How Global Companies Can

question 87

Essay

What is globalization? Explain, with examples, how global companies can facilitate the creation of a global market.


Definitions:

Production and Consumption

The processes of creating goods and services (production) and using or purchasing them (consumption).

Goods and Services

The tangible products (goods) and intangible activities (services) that fulfill consumers' needs and wants, available through economic transactions.

Professional Obligations

Duties or responsibilities that professionals are expected to fulfill in adherence to the standards and ethics of their profession.

Antithetical

Directly opposed or contrasted; mutually incompatible.

Related Questions