______________ is the ongoing connecting process between nations of their business organizations, people, economies, political systems, and cultures

Question

Quizplus · Accepted Answer

Globalization is the process of increasing interconnectedness and interdependence among nations. It involves the integration of markets, technology, information, and culture across borders, resulting in the expansion of trade, investment, migration, and communication. It affects not only economic aspects but also social, political, and environmental dimensions of life. Therefore, it is a more comprehensive and dynamic concept than the other options. Internationalization refers to the expansion of companies or organizations beyond their domestic borders, free trade is a policy that reduces barriers to imports and exports, industrialization is the transformation of an economy from agricultural to manufacturing-based, and guanxi is a Chinese term for the concept of personal relationships and networks. Although these terms may be related to globalization, they do not capture the full scope and complexity of the phenomenon.

______________ Is the Ongoing Connecting Process Between Nations of Their