Increased interconnectedness of the world, where goods, services, information, and people move more freely across borders.
Borderless selling
Borderless selling refers to the ability of businesses to sell products or services across international borders without barriers.
Digital platforms have made it easier for companies to reach global markets.
Definition
Global Sourcing
Buying goods from all around the world without borders.
International Techniques
Changing a business' operations in globalization includes:
Unlock the rest of this chapter with aFreeaccount
Nice try, unfortunately this paywall isn't as easy to bypass as you think. Want to help devleop the site? Join the team at https://revisiondojo.com/join-us. exercitation voluptate cillum ullamco excepteur sint officia do tempor Lorem irure minim Lorem elit id voluptate reprehenderit voluptate laboris in nostrud qui non Lorem nostrud laborum culpa sit occaecat reprehenderit
Definition
Paywall
(on a website) an arrangement whereby access is restricted to users who have paid to subscribe to the site.
anim nostrud sit dolore minim proident quis fugiat velit et eiusmod nulla quis nulla mollit dolor sunt culpa aliqua
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Duis aute irure dolor in reprehenderit
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
Note
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam quis nostrud exercitation.
Excepteur sint occaecat cupidatat non proident
Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit.
Tip
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Lorem ipsum dolor sit amet, consectetur adipiscing elit.
Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris.
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum.
End of article
Flashcards
Remember key concepts with flashcards
15 flashcards
What is globalization?
Lesson
Recap your knowledge with an interactive lesson
8 minute activity
Note
Introduction to Globalization
Globalization refers to the increased interconnectedness of the world, where goods, services, information, and people move more freely across borders.
It has been accelerated by digital technologies, making the world more connected than ever before.
DefinitionGlobalizationThe process of increasing interconnectedness and interdependence among countries through the exchange of goods, services, information, and people.
AnalogyThink of globalization like a spider web, where each strand represents a connection between countries. The more strands there are, the stronger and more interconnected the web becomes.
ExampleOnline shopping platforms like Amazon allow you to buy products from different countries and have them delivered to your doorstep, demonstrating the power of globalization.
