ADMS 1000 Chapter Notes - Chapter 6: Starbucks, North American Free Trade Agreement, Offshoring

• School: York University
• Department: Administrative Studies
• Course: ADMS 1000
• Professor: All

Document Summary

Globalization is a process involving the integration of world economics the precense of trade blocs reflects the accelerating pace with which antions are integrating their economies for ex. Globalization is a process involving the integration of world markets , the notion that consumer preferences are differing around the world ex nike, mc donalds etc. Globalization tends to include the elements of the following : Globalization can be considered a process that is expanding the degree and forms of cross-border transactions among people, assets, goods and services. Globalization refers to the growth in direct foreign investment in regions across the world. Globalization reflects the shift toward increasing economic interdependence: the process of generating one, single, world economic system oor a global economy. In recent years the drive towards global busiess has accelerated, a number of fundamental factors have encouraged the move to go global including push and pull factors.