Process or Trend Towards Unification of Many Countries Essay Example
Process or Trend Towards Unification of Many Countries Essay Example

Process or Trend Towards Unification of Many Countries Essay Example

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  • Pages: 1 (260 words)
  • Published: February 19, 2018
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Globalization is an inevitable phenomenon in the history of mankind, in which the world becomes more interconnected as a result of the exchange of goods and products, information, knowledge and cultural values. However, over the past decades, the pace of this global integration has become much faster and more impressive thanks to unprecedented advances in areas such as technology, communications, science, transport and industry.

Although globalization accelerates human development and is a consequence of it, it is not an easy process to adapt to and which creates serious problems and difficulties. Such a rapid pace of change can become threatening, and most countries try to control or manage it.

Globalization seems like a complex issue, which is the changing process of many positive factors towards the increase of society, economy, politics,

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competitive environments, culture, and finance among nations. It makes people to be connected with each other in many different ways. Globalization has many aspects which can be considered to be related in our lives. Consequently, nobody can define it completely. For example, in a fable about five blind augurs with the elephant, each of them touch per part of the elephant then they only judge about one thing they can feel.

In recent times, globalization has caused severe controversies. Along with the rapidly developing globalization, a new concept has appeared, called global strategic management. This is a combination of strategic management and international business that changes all operations in a company to be suitable for the globalization environment. This assignment will mention the globalization affects strategic management in business

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