Module 1 Questions - MGMT 427 Module 1 Study Questions 1 The term globalization can be defined in many ways(provide references for the definitions List

Module 1 Questions - MGMT 427 Module 1 Study Questions 1...

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MGMT 427 Module 1 Study Questions 1.The term globalization can be defined in many ways (provide references for the definitions). List three definitions and provide an example of an aviation company that has recently or is in the process of globalizing. -Investopedia defines globalization as “ the tendency of investment funds and businesses to move beyond domestic and national markets to other markets around the globe, thereby increasing the interconnectedness of different markets. Globalization has had the effect of markedly increasing not only international trade, but also cultural exchange” [ CITATION Inv15 \l 1033 ] . -Business Dictionary defines globalization as “the opening of local and nationalistic perspectives to a broader outlook of an interconnected and interdependent world with free transfer of capital, goods, and services across national frontiers” [ CITATION Bus15 \l 1033 ] . References Business Dictionary. (2015, February 01). Globalization. Retrieved from Business Dictionary: Cambridge Dictionaries Online. (2015, February 01). Dictionary-American-English. Retrieved from Cambridge Dictionaries Online: Investopedia. (2015, February 01). Globalization. Retrieved from Investopedia: -One aviation company by the name of Southwest has recently made major strides in globalization for low cost air carriers. At the beginning of 2014, Southwest first announced that it
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