Globalization

 

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Globalization

Modifying a website (translating text, modifying graphics, converting currencies, etc.) to accommodate potential customers in foreign countries.

Globalization

1. The increasing world-wide integration of markets for goods, services and capital that attracted special attention in the late 1990s. 2. Also used to encompass a variety of other changes that were perceived to occur at about the same time, such as an increased role for large corporations (MNCs) in the world economy and increased intervention into domestic policies and affairs by international institutions such as the IMF, WTO, and World Bank. 3. Among countries outside the United States, especially developing countries, the term sometimes refers to the domination of world economic affairs and commerce by the United States.

Globalization

Tendency toward a worldwide investment environment, and the integration of national capital markets. 



Globalization



 
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