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Asked by : SUSHANT AWASTHI, Business Operations
Industry : GLOBAL MOVEMENT
Functional Area : Success Stories
Keywords : globalization
Activity: Question posted: 04 17 2009 12:01:17 +0000, 7 answers, 1244 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?

 
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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.



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by   Ahmed Sultan, ITC, Airline Consultant  | 04 28 2009 10:00:43 +0000
7 Answers for "WHAT IS GLOBALIZATION"
  Answered by     Kashif Billal, Training & Induction Manager, H&M Hennes & Mauritz  | 03 16 2010 06:12:08 +0000
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Beautifully Articulated Mr. Sultan.

  Answered by     SRINIVASAN P, Freelancer, Freelancer  | 03 15 2010 17:43:08 +0000
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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

  Answered by     rajesh , MBA/PGDM student, chandigarh business school  | 02 10 2010 16:16:18 +0000
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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.

  Answered by     Krishnan M R, Team Lead, Infosys  | 05 13 2009 12:26:42 +0000
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Great answer given by Mr.Ahmed.....agree with Markand and Aditya here...can't think of a better answer than this......too good......

  Answered by     Makrand Bhave, AGM - Corporate Business, E18, part of Network 18 Group  | 05 12 2009 12:04:08 +0000
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Cannot really think of a better answer than Mr. Sultan here! :)

  Answered by     aditya ghare, Multimedia Designer & Developer, Final Edit  | 05 12 2009 11:26:46 +0000
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Congratulations! Mr Ahmed Sultan, expressed very well indeed.

 
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