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Kassy Hinojosa
on Nov 24, 2024

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__________ refers to the process of growing interdependence among resource supplies, product markets, and business competition on a worldwide basis.

A) International management
B) Global management
C) The multinational economy
D) Globalisation
E) Transnational interdependence

Globalisation

The process by which businesses or other organizations develop international influence or start operating on an international scale.

Interdependence

Describes a relationship between entities where each is mutually reliant on the others for success or survival.

Product Markets

Markets where finished goods or services are traded, often categorised by types of products, geographical areas, and customer segments.

  • Explain the concept of globalisation and its implications for international business.
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Utban MahmudDec 01, 2024
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