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What is meant by Globalization of business?

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Question added by AHMED IMRUL KAYES , Senior Consultant , HR Bangladesh Ltd.
Date Posted: 2015/01/01
Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

Globalization in Business

Globalization refers to the changes in the world where we are moving away from self-contained countries and toward a more integrated world. Globalization of business is the change in a business from a company associated with a single country to one that operates in multiple countries.

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

The integration of Financial Markets, commodity markets, Service Markets, Capital Goods Markets in different economies are forming part of Globalization and is consisting removal various entry barriers to make the availability of products and services more competitively. Common nature of such integration are visible with capital markets, money and credit markets, insurance sector, oil sector, bullion, food products, automobile, consumer electronics etc. 

padmakumar pathiyil
by padmakumar pathiyil , Marketing Consultant , Management Consultancy

Taking the business to each and every corner of the globe. 

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