How Do You Understand The Concept Of Globalization?
• Look at the broader picture. Globalization may be defined as the interaction of activities, by many countries across the globe. These activities may include economic investments, sporting activities, internet communications, employment opportunities and many other forms of interaction with countries across the globe. Our internet downloads, internet communications, are one way of communicating from one continent to another. Hence the term “globalization”. • Note the similarities around the world, particularly in the marketing sphere. The world is fast becoming a globalized culture, forming its very own unique set of rules, patterns and lifestyles. • Take a close look at the events around you. One may wear a shirt designed in Japan, wear perfume from the East, a wrist watch from Hungary, use a pen made in Denmark, body lotion from the USA, etc. This is one direct effect of globalization. Sooner or later, unique cultures, unique languages and codes of dress will fall away, to be replac
