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Features of Globalization. - Organisation of Commerce and Management

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Question

Features of globalization.

Solution

The following are the main features of globalisation:
i. It has led to integration of markets accross countries.
ii. It has led to development of linkages in manufacturing and supply chains.
iii. It has led to flourishing operations of multi-national corporations that operate accross different countries. Foreign investments are now an integral component of developing economies and contribute to infrastructural growth.

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Process of Entrepreneurship Development
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2012-2013 (March)

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