BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Globalization is a term used to describe the increasing connectedness and interdependence of world cultures and economies.

Detailed explanation-2: -Globalization refers to the spread of the flow of financial products, goods, technology, information, and jobs across national borders and cultures. In economic terms, it describes an interdependence of nations around the globe fostered through free trade.

Detailed explanation-3: -As people, ideas, knowledge, and goods move more easily around the globe, the experiences of people around the world become more similar. Globalization has a long history, for example, Ancient Greek culture was spread across much of southwestern Asia, northern Africa, and southern Europe.

Detailed explanation-4: -Effects of cultural globalization include: Foreign cultures can supersede local, traditional cultural norms, values, and practices. Great ideas can be transmitted from one culture to another, including new forms of thinking about economic or political questions.

Detailed explanation-5: -Globalization is the word used to describe the growing interdependence of the world’s economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.