“The world’s a stage; each plays his part, and takes his share” – Dutch proverb. 1) Briefly discuss what this proverb means to you in reference to Globalization.
Discussion Questions
“The world’s a stage; each plays his part, and takes his share” – Dutch proverb.
1) Briefly discuss what this proverb means to you in reference to Globalization.
2 a) Outline and explain what three (3) factors have contributed to the growth of Globalization in recent decades.
2 b) Suggest three (3) reasons why companies engage in International Business? 3.
3) Critically discuss at least four (4) negative effects of Globalization and how these effects have affected your country? You must name your country in your response.
Provide examples to justify your response in each question
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Globalization is a term used to describe the growing reliance of the world's economy, communities, and populations on cross-border exchanges of labor and innovation, products, and flows of investments.
Globalization denotes the acceleration of advances and exchanges (technology, investments, services, and products) all over the world. One of the effects of globalization is the advancement and development of partnerships between diverse places and populations all over the world.
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