Globalization Is The Key Of Success For All Countries

1. Synopsis Globalization has no borders and boundaries across the world due to exchange of knowledge, thoughts, trade and information. This report will examine the definition of globalization, advantages and disadvantages of globalization and the popularity of globalization. Some strong evidences gathered by the primary and secondary data. Some content is based on my personal knowledge. Table of content 2. Introduction Nowadays, globalization plays the vital role all around the world. There is no denying the fact that globalization is the key of success for all countries. Globalization means exchanging the ideas, thoughts, knowledge and resources all around the world. Communication is the important part of globalization because without communication, globalization is impossible. The report aims to explore the definition of globalization, advantages and disadvantages of globalization and explore the way globalization can influence on people. 2.1What is globalization â€Å"Globalization is the worldwide movement toward the information, financial, economics, and trade as well as communication integration†. It is a crucial process, where people do business on an international scale. 2.2History The industrial revolution is the most important period in the history of globalization because there is a significant increase in quality and quantity of product. After this, business relation was increased due to exchange of goods. So that, pre globalization was started after theShow MoreRelatedGlobalization1301 Words   |  6 PagesGlobalization Globalization: Key Term Choice The key term globalization was chosen for this research paper due to the significant role it plays in the business world. 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