ENTREPRENEURSHIP

ENTREPRENEURSHIP AND THE GLOBAL ECONOMY

GLOBALIZATION AND ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The process by which business or other organizations develop international influence or start operating on an international scale.
A
globalization
B
bordering
C
international trading
D
overseas bordering
Explanation: 

Detailed explanation-1: -Globalization is a process through which businesses or other organizations create influence, or develop operations around the world.

Detailed explanation-2: -By definition, globalisation is: the process by which businesses or other organisations develop international influence or start operating on an international scale. In simple terms, globalisation is the catch-all term for the process by which items and people move across borders.

Detailed explanation-3: -The official definition of “globalization” is the process by which businesses or other organizations develop international influence or start operating on an international scale. More simply, globalization refers to an open flow of information, technology, and goods among countries and consumers.

Detailed explanation-4: -The Definition of International Business International business relates to any situation where the production or distribution of goods or services crosses country borders. Globalization-the shift toward a more interdependent and integrated global economy-creates greater opportunities for international business.

Detailed explanation-5: -Globalization has created an interconnected world where information, goods, and services can flow more freely across borders than ever before. This has led to a significant increase in competition among businesses, both locally and globally.

There is 1 question to complete.