Globalization: A View
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August 3, 2013
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It is one of the most important features of present world.
At a business level, the process of globalization is when companies decide to take part in the emerging global economy and establish themselves in foreign markets. They adapt their products or services to the linguistic and cultural requirements of different nations...
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Then, they might take advantage of the Internet revolution and establish a virtual presence on the international marketplace. More and more companies do their business online. E-commerce has changed traditional business practices by providing direct international access to information and products.
Some scientists agree that globalization has also cultural and ecological connotations, and that it is not only political or economic phenomenon...
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