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Provide a 14 pages analysis while answering the following question: Individual portfolio on global enterprise. Prepare this assignment according to the guidelines found in the APA Style Guide. An abst
Provide a 14 pages analysis while answering the following question: Individual portfolio on global enterprise. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required. Due to the process of the globalization, there is a fast growth in the technology, communication, science, transport and business. The worldwide economy has been affected a lot of the fast changes happening in the field of technology, communication and transportation. This concept has helped in building the relations between the countries for their smooth running of the businesses. The integration and the cooperation of the countries to move the present resources for maximum financial growth have resulted in increasing the momentum over the past few decades. This has resulted in opening new markets and worldwide commerce to increase the financial growth across countries. Therefore, the term globalization can aptly be explained as the amalgamation of nations and companies worldwide. Globalization - a historical overview There are different opinions of the history of globalization. According to Scholte (2005) the globalization process is indicated by “the scale of contemporary telecommunication, air travel, transworld goods, transplanetary financial transactions, transworld civil society associations, global regulations, global festivals, and global awareness among the general public in the world over” (p118). The globalization practice is mainly due to the increased rate in improvement of technology, transportation, science, communication and commerce.
