How Globalization affect Businesses

  • Md Sharik and Utkarsh Thakur
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  • Md Sharik

    Student at School of Legal Studies, Babu Banarasi Das University, India.

  • Utkarsh Thakur

    Student at School of Management, Babu Banarasi Das University, India

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Abstract

In simple term Globalisation refers to incorporation of numerous economies of the world. Globalization have altered the entire world and brought gradual development in technology, Transportation and communication etc. It has also eliminated the national boundaries and integrated the economics, Cultures, technologies and governance of various countries that resulted in mutual interdependence. The point of this paper is to help the information with respect to globalization and its effect on worldwide business. Global business is a huge scope of business exercises including the trading of labour and products among people and organizations across national borders. Related to the dashing of globalization, worldwide business has been a theme among business chiefs and has drawn the consideration, everything being equal.

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International Journal of Law Management and Humanities, Volume 5, Issue 3, Page 1322 - 1326

DOI: https://doij.org/10.10000/IJLMH.113177

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