Regional Assessment Asia

Wikipedia, an internet encyclopedia source, defines globalization as "a social change, an increased connectivity among societies due to transculturation; the explosive evolution of transport and communication technologies to facilitate international cultural and economic exchange" (Wikipedia, 2006). In other words, globalization pertains to the connectivity that allows businesses around the world to interact thus move beyond domestic markets to other markets around the globe. A major influence on moving towards a global economy has been progressive trend …

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