ADM 1301 Lecture Notes - Lecture 5: Femininity, Masculinity, Cultural Globalization
Document Summary
Globalization: the merging of previously domestic spaces and issues into one multifaceted and interconnected transnational global village. A term used to describe the growing interdependence of people around the world with regard to societal influence, economies, and cultural exchanges. Refers to the increasing economic integration and interdependence of countries. A global movement to increase the flow of goods, services, people, real capital, and money across national borders in order to create a more integrated and interdependent world economy. Economic relations where diff companies exchange resources for greater efficiency. Political globalization: different nations opinions are needed before making decisions. Social or cultural globalization: how different cultures work together and how different cultures merge together to form a third culture. Domestic phase: entrepreneur who start a business want to be able to attract customers after creating a unique product/service. Wants to know what your domestic customers want. Worried more about home country: product orientated stage.