GLOBALIZATION

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the term for the process of a commercial organisation moving from locally produced and distributed to a international model due to technological advances in trade and finance.

GLOBALIZATION: "Globalisation is the moving from a national to an international organisational model."
Cite this page: N., Sam M.S., "GLOBALIZATION," in PsychologyDictionary.org, May 11, 2013, https://psychologydictionary.org/globalization/ (accessed July 6, 2022).

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