What is globalization

What is globalization - business will stay afloat in their...

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What is globalization? Globalization is a process that allows the interaction and integration among people of different countries, companies, and government entities. This is all driven by international trade and aided by information technology. Why has globalization become such an important issue over the last ten years? Globalization has become a very important issue over the last ten years because it is how any
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Unformatted text preview: business will stay afloat in their field of business. How will globalization change financial management in the years ahead? It will change in the sense that they need to worry about the exchange rate risk and that the market will change with it also. Companies need to get familiar with the exchange rate and will have to manage their financial books in every way possible....
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