Globalization

“Information Technology has been one of the leading effects of Globalization”.

“Through globalization the American multinational companies made millions and millions of dollars”. 

Globalization is a process by which Businesses (or) other organizations develop International Influence.The integration of the world’s economies brought about by the rapid improvements in communication and transportation. Globalization involves the spread of economic Social and Cultural ideas across the world and expanding uniformity between different places that result from this spread. Globalization has played a extensive role in export led growth, leading to the enlargement of the job market in India.

“Globalization is a business strategy and business ethics cannot be separated from each other”. 

The process of globalization has been an essential part of the recent economic progress made by India. One of the leading forces of globalization in India has been in the growth of outsourced IT and business outsourcing services. Indian companies are rapidly gaining confidence and are themselves now major players in globalization through International expansion Indian companies are setting themselves up as power houses of tomorrow’s global economy.

“Globalization is the process by which markets combine worldwide”.

The expansion of Indian economy very much depends upon rural participation in the global race. Globalization is necessary for setting course for Future.The western countries especially America and some European nations are the ones taking full advantage of the benefits of Globalization.

P.P.Neelayathakshi.