What is Globalizationn standard Globalization means opening up of national boundaries for foreigner to start their businessor making countries, globalization means integration with the world economylobalization is cross border monetary transactionlobalization encompasses the following:Doing or planning to expand, business globallylobal orientation of organizational structure and management cultureGlobalization involves following:Free flow of technology, expertise and intelligenceFree flow of capital among different countriesFree flow of Human resource among different countriesIncrease in Foreign direct investmentIncrease in international financial investments and transactionsWhy go Internationalhe factors which motivate or provoke firms to go international may be broadly divided into two groups:- Pull factor Push factor Most of push factors are reactive reasons Profit advantage: An vital incentive for international business is the profit advantagerowth Opportuni ... [Read More - Forex Traders Mt4]
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