BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Globalization, or globalisation as it is known in some parts of the world, is driven by the convergence of cultural and economic systems. This convergence promotes–and in some cases necessitates–increased interaction, integration and interdependence among nations.

Detailed explanation-2: -Answer and Explanation: Globalization is the name we give to the trend toward greater economic, cultural, political, and technological interdependence among national institutions and economies.

Detailed explanation-3: -Economic globalization refers to the increasing interdependence of world economies as a result of the growing scale of cross-border trade of commodities and services, flow of international capital and wide and rapid spread of technologies.

Detailed explanation-4: -Globalization is a term used to describe how trade and technology have made the world into a more connected and interdependent place. Globalization also captures in its scope the economic and social changes that have come about as a result.