Globalisation

Globalization Globalization simply means that the world has become integrated economically, socially, politically and culturally through the advances of technology, transportation and communication. It is undeniable that globalization has resulted in both positive and negative effects. Globalization has contributed to the world’s economies in many beneficial ways. The advances in science and technology have allowed businesses to easily cross over territorial boundary lines. Consequently, companies tend to become more productive and competitive thereby raising the quality of goods, services and the world’s living standard. If you ask me a positive way could be the Danish firm A.P Maersk Møller, because