Globalization Essay Explores Characteristics And Functioning. (62 Characters)

Chapter 1After World War II, there has been a significant increase in world trade which has led to an increase in foreign direct investment. The transformational flow of knowledge, idea, goods, people, and capital are creating new economic interactions and tremendous development. However, globalization has not only affected multinational enterprises rather it has affected all companies. The world has become a global village and small businesse…