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Globalization is the ability to communicate and trade with other countries anywhere in the world. The impact of globalization is that ideas and trends are taking on more of an international flavor. Furthermore, people are able to always conduct business, regardless of time zones.

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9y ago
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13y ago

the impacts of globalization are that TNC's will have more power than most governments which is a high factor

globalization:how companies, ideas and lifestyles are spreading more easily around the world

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Q: Globalization and its impacts on world?
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What are the negative impacts of globalization?

You can't think on negativeness. Globalization means easier ways to solve conflicts, both military and economic. The world will run smoothly when people start understand one another.


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Three positive impacts resulting from globalization is more jobs, innovation and the company will strengthen the local economy. The host country and the home country of the organization benefits.


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The three examples of globalization are the major drivers of globalization. The first is politics, the second is technology, and the third is economics. All three of these have impacts on different countries no matter the country that it is derived.


Who monitors globalization?

Globalization is such a broad term with so many effects that you could get a lot of results depending on what specific effect of globalization you are talking about. However, there are some prominent Non Governmental Organizations that play a significant role in the processes involved with Globalization. The International Monetary Fund, the World Trade Organization, and the World Bank are three significant organizations that moniter the economic effects of globalization. The United Nations is another Non Governmental Organization that has specific bodies that moniter the economic as well as social impacts of globalization around the world. All of the afformentioned organizations not only monitor the effects of globalization, but they are significant players in the outcomes of international affairs.


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Globalization impacts management across borders in a positive manner. There serves as a platform of exchanging management ideas across the borders.


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Why globalization is important in business world?

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Is globalization an issue for e-business?

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