What Is Globalization?

Globalization can never be about selling in each region of the world. It is why the global company will be distinguished by its capabilities not simply by the number of markets it serves or the number of countries from which it sources its inputs. Globalization can be uncomfortable for 'Dirigiste' governments, particularly those that prefer to influence economic forces for the narrow purposes of protectionism in the face of change. Properly managed at inter-governmental level, globalization will level the playing field to a very significant extent and will change the nature of opportunity and competition.