International

Globalization in International Business

Introduction

Globalization in International Business: Globalization refers to the process of interconnection among firms, people and governments of different countries, economies from every country will become closer and interrelated through Globalization as foreign countries are a source of both production and sales for domestic companies. It is obvious that the Globalization has linked with international business as international business consists of all commercial transactions that take place between two or more countries such as sales, investments and transportation.

Globalization is very common in today’s world. It enables people to travel around the world by improving the transportation and it also helps people to do business in terms of purchase or sell products and services as well as pursuit of business …

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