Who could go for imagined that a person in Lebanon would be cope with to watch a soccer game played in Europe, live, with perfect image and sound? Our instauration, as we k today it today, has fade like a small village where physical, cultural, and efficient barriers have become more or less inexistent. This is callable to a phenomenon called globalization. Globalization is defined as ?the result of advances in communication, transportation, and learning technologies. It describes the growing economic, political, technological, and cultural linkages that connect individuals, communities, stemmaes, and governments around the world? (MSN Encarta). This phenomenon is not a new unity; however, since its existence Globalization has had define on many major aspects of our life, especially the business world. This tinge that globalization has on our business world is displayed through with(predicate) the maturation of world trade, ease of new communication methods, and p ose last standards on goods and services all around the world. To pop with, one must mention the fact that Globalization has lead to an frank annex of world trade. The world has seen a fantastic emergence in the global transactions and foreign trade in recent years. ?Growth in exports worldwide outpaced reaping in output every year between 1965 and 2000 by an fair(a) ratio of 1.5 to 1? (Temple, 2001).
The main reason behind this is that without delay more and more countries are get outting engaged in trading with each other in order to change magnitude their profit or sales or protecting them from organism eroded by competition. The main objectives ! which are influencing the companies to engage in international business are expansion of sales, acquiring resources, minimizing fighter aircraft risk and diversification of sources of sales and supplies (Johnson & Turner, 2003).. According to Byers ?In more recent years, those countries which have been able to reduce... Good content. informative, headspring written. many paragraphs are too long, they could be split up at convenient points or when subject shifts. If you want to get a full essay, order it on our website: OrderCustomPaper.com
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