AP PSYCHOLOGY

Detailed explanation-1: -Financial observers see the Internet as a catalyst for globalization due to the way it has united the world. Web technology is changing the way we work, expanding our global knowledge base and bringing people and society closer together. Data can be exchanged and communicated between companies around the globe.

Detailed explanation-2: -Understanding culture is one of the most powerful tools because it allows the firm to monopolize local buyers and stabilize a global existence. Culture dominates globalization and impacts every organization. Second is language and communications. These two are important in a wide variety of situations.

Detailed explanation-3: -These factors include: the digital revolution; international economic integration; socio-cultural convergence; global education providers; cross-border political influence; financial liberalisation; intense competition; increased international business and trade; and the need for economies of scale.