Globalization

Globalization

1. culture

   • Diffusion of ideas and cultural expressions around the world.

2. Global economy

   • Is the economy of the world, for example the international exchange of goods and services.

3. Commercialization

   • The process when a new product is introduced into the general market.

4. Free market

   • A market economy is a system when the prices are set freely between vendors and consumers

5. International marketing

   • "Is the performance of business activities that direct the flow of a company’s goods and services to consumers or users in more than one nation for a profit. "

6. International Manufacturing

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