International Business

Business Globalization

Business Globalization

Business globalization is the method of international integration arising from the interchange of world views, products, ideas, and other aspects of culture. Advances in transportation, such as the steam locomotive, steamship, jet engine, and container ship, and in telecommunications infrastructure, including the rise of the telegraph and its modern offspring, the Internet, and mobile phones, have been major factors in globalization, generating further interdependence of economic and cultural activities.