Globalization Versus Internationalisation

2 Globalisation is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. Globalisation has increased the production of goods and services. The biggest companies are no longer national firms but multinational corporations with

Globalisation refers to the process of interaction and integration among the people, companies as well as governments of countries around the world, particularly in terms of trade, investment and technology. The process of globalisation, has profound impacts on the environment, culture, political systems, economic developments, prosperity and human physical well-being in the societies around the world.

Globalisation- Globalisation is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in

Globalisation is the process which business or other organization interact and integrate with the people, companies, and governments of the other countries. Globalisation can help a country by improving their economy welfare but at the same time. It has change the world by the effects on culture, and industry. With globalisation, most people life standard has improved by having cheaper and more choices products. Other than the increasing of life standard, local industry have been affected by the globalisation because there are more multinational firms moving into the nation which provide cheaper price for the local residents.

Globalisation highlights the dramatic alterations in the landscape of international relations due to the emergence of free market economies based on the right to start a business and trade without restrictions. In other words, it’s the processual approach of assisting financial and investment markets to function together worldwide. This has been largely made possible from the deregulation and improved communications, particularly the evolution of the internet. It can be said that globalisation is a transition of shifting to an integrated world; comprising of the long-term modifications in the aim to achieve a ‘greater international cooperation in economics, politics, ideas, cultural values, and the exchange of knowledge’ (Gibson

Globalisation is the process by which the world is becoming progressively interconnected as a result of significantly increased trade and cultural exchange. It has also increased the production of goods and services. The biggest companies (such as McDonald’s, Starbuck’s, Costa

Globalisation is the process of allowing goods, financial and investments markets to operate across national borders due to deregulation, improved communications, infrastructure and technology.

Globalisation is often referred to when discussing things such as trade, travel or large international companies. No matter where people live in the world, globalisation can easily affect them on different scales whether it be local, national or global.

First, we must distinguish between intensive and extensive types of globalisation. Under this intensive globalization, the role driven by markets, technology and enterprise. Market the economic side and enterprise the political/governmental side. Intensive is more about the key roles of

Globalisation is a broad term that is often defined in economic factors alone. The Dictionary at merriam-webster.com describes globalisation as “the process of enabling financial markets to operate internationally, largely as a result of deregulation and improved communication.” Also due to deregulation on the financial market, multi-national companies are free to trade and move their businesses to areas where a higher return or profit can be achieved. New technology also enables companies to relocate to areas where labour costs are lower, for instance movement of call centre jobs from the UK to India.

Globalisation can be defined as the movement toward economic, financial, trade, and communications integration by countries and their populations globally. It is a constant process and it has resulted in the intertwining and generalisation of the needs and wants of people

Globalisation is a worldwide movement which integrates economic, financial, trade and commerce from different countries. It has influenced communication between countries and brought them together. It made countries more interdependent and interconnected with free transfer of goods and services across national frontiers.

Globalisation has become a more commonly used word to describe how companies are operating, positioning themselves and how the world economies behave and react. Globalisation is how businesses, economies are becoming more interconnected due to the increased trade, social and cultural exchange. Globalisation has increased the production of goods and services and the largest companies are no longer national companies but multinational corporations with subsidiaries in many countries.

Globalisation means the whole world is generally interconnected and MNCs are the main factors that lead to globalisation. Globalisation is a term used to refer to how technology, information and cultures have spread all over the world.

2: Herman E. Daly, 1999, Globalization Versus Internationalization: Some Implications, Introduction 3: Nilson, 2010, p.1191