Explain expansion of business worldwide


Assignment task: Can you explain or give an example and make a summary of the given below?

Dimensions of Globalization:

  • Expansion of business worldwide
  • Giving up the distinction between domestic and foreign market
  • Locating the production and physical facilities of the business by considering global business dynamics
  • Creating product on a global market sphere
  • Global sourcing of the factors of production obtained from different source anywhere in the world
  • Global orientation or organization structure and management culture

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