With globalization, there is a high degree of imitation, intense competition, swings in profits and prices and destruction of businesses and products.
What is globalization?
Globalization, or globalization, is the process of interaction and integration among people, companies, and governments worldwide. Globalization has accelerated since the 18th century due to advances in transportation and communication technology. The increase in global interactions has caused a growth in international trade and the exchange of ideas, beliefs, and culture.
