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Activity:
Question posted: 04 17 2009 12:01:17 +0000,
7 answers, 497 views, last activity
07 06 2010 20:18:08 +0000
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Is it the integration of economic, political, and cultural systems across the globe? Or is it Americanization and United States dominance of world affairs? Is globalization a force for economic growth, prosperity, and democratic freedom? Or is it a force for environmental devastation, exploitation of the developing world, and suppression of human rights?
Globalization is a process of interaction and integration among people, companies, and governments of different countries. It is a process initiated by international trade and investment and aided by information technology. That process has effects on the environment, culture, political systems, economic development, prosperity, and actual well-being around the world.
Beautifully Articulated Mr. Sultan.
GLOBALISATION IS THE PROCESS OF OFFERING PRODUCT OR SERVICES - STAMPED WITH EXCELLENCE - TO PEOPLE OF THE WORLD, UTILISING THE RESOURCES - PEOPLE , MATERIAL, MACHINES, TECHNOLOGY, PROCESSES AND LEADERSHIP WHEREVER THEY MAY BE LOCATED; MORE IMPORTANTLY TO PLOUGH BACK PART OF THE PROFITS EARNED AS A RESULT TO THE LESS PRIVELEGED OF THE WORLD
P SRINIVASAN,]
FREELANCER
Globalization as the growing economic interdependence of countries worldwide through increasing volume and variety of cross-border transactions in goods and services, free international capital flows, and more rapid and widespread diffusion of technology.
Great answer given by Mr.Ahmed.....agree with Markand and Aditya here...can't think of a better answer than this......too good......
Cannot really think of a better answer than Mr. Sultan here! :)
Congratulations! Mr Ahmed Sultan, expressed very well indeed.
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