What Is Globalization in Business?
Many US-based multi-national corporations make most of their profits overseas. They also hire almost half of their workforce internationally. Is there something that small businesses can learn here?
When you ask what is globalization in business, this is what many people think of first. And it’s no wonder. The globalization of business has been a major story over the past few decades.
Multi-national corporations have led the way, but small businesses are increasingly following suit. After all, small businesses have always been nimble and adaptable. They can move quickly to take advantage of new opportunities in foreign markets.
Keep reading as we explore the benefits of globalization on your business terms and business finances.
What Is Globalization?
At its simplest, global...