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The primary drivers of globalization are rapid advancements in technology, culture, economics and politics. What Are the Drivers of Globalization?
Norton ghost bootable iso. Drivers, globalization of market, production, • 1. Drivers,Globalization of market, production, investment, technologyPresented by:AnmolNekpuriPGDM III 2:10 PM1Xavier Institute - Jabalpur • globalizationGlobalization: An ongoing process by which regionaleconomies, societies, and cultures have become integratedthrough a globe-spanning network of communication andtrade.
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The term is sometimes used to refer specifically toeconomic globalization: The integration of national economies into the internationaleconomy through trade, foreign direct investment, capitalflows, migration, and the spread of technology. 2:10 PM2Xavier Institute - Jabalpur • Drivers of GlobalizationDrivers of Globalization Two macro factors seem to underlie the trend toward greater globalization Decline in barriers to the free flow of goods, services, and capital that has occurred since the end of World War II Technological change. 2:12 PMXavier Institute - Jabalpur3 • Components of Globalization Globalization of MarketGlobalization of ProductionGlobalization of InvestmentGlobalization of Technology 2:12 PM4Xavier Institute - Jabalpur • Globalization of MarketsGlobalization of markets refers to the process of integrating and merging of the distinct world markets into a single market. This process involves the identification of some common norm, value, taste, preference and convenience and slowly enables the cultural shift towards the use of common product or service. 2:10 PM5Xavier Institute - Jabalpur • Features of Globalization of marketsThe size of the company need not to be large to create a global market.