Companies such as starbucks and ibm are businesses that serve customers and suppliers wherever in the world they may be located

Question

3 years ago

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Companies such as starbucks and ibm are businesses that serve customers and suppliers wherever in the world they may be located

and also hire talent from around the world, wherever available, at the lowest cost. this type of worldwide interdependence of resource flow is known as

Business

1 answer:

ddd [48] · Answer 1 · 2022-08-19T03:42:10+03:00

The answer is :Globalization

Globalization refers to the situation when we able to integrate all of the resources and communication among all people in the world, not limited to country's border.

Globalization could only occurs after advanced technological development that allow people from other countries to make contact with one another in a fast and efficient way.