The March of Globalization

Globalization is the spread of economic innovations around the world and the political and cultural adjustments that accompany this difusion. Globalization encourages international integration, which has increased substantially during the last generation. In globalized markets and industries, financial capital might be obtained in one national market and used to buy raw materials in another one. Manufacturing equipment bought from a third national market can be used to produce products that are sold in yet a fourth market. Thus globalization increases the range of opportunities for firms competing in the 21st century competitive landscape.

My Consultancy–Asif J. Mir – Management Consultant–transforms organizations where people have the freedom to be creative, a place that brings out the best in everybody–an open, fair place where people have a sense that what they do matters. For details please visit, Line of Sight

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