Saturday, January 31, 2009

What is one example of globalization?

The strong
example of globalization is the multinational corporation. They operate on a world scale with
offices and branches in different countries of the world. The multinational corporation may
operate through American boards of directors, but they outsource jobs to other countries that
may offer cheaper labor sources. The outsourcing of jobs can have an economic benefit to
developing countries. The multinational corporations also acquire resources from many different
countries. Parts may be acquired from one region, assembled in another, and then sold
globally.

href="https://investinganswers.com/dictionary/g/globalization">https://investinganswers.com/dictionary/g/globalization

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