What is Globalization?

5 important questions on What is Globalization?

What is a Multinational Enterprise (MNE)

A company that deploys resources and capabilities in the procurement, production, and distribution of goods and services in at least two countries.

What is 'Born Global'?


Running global operations
A company that seeks to derive a competitive advantage from the use of resources and the sale of outputs in multiple countries.

What is a Global Strategy?

A part of a firm's corporate strategy to gain & sustain a competitive advantage when competing against other foreign and domestic companies around the world.
  • Higher grades + faster learning
  • Never study anything twice
  • 100% sure, 100% understanding
Discover Study Smart

What are the different Stages of Globalization?

1) Globalization 1.0: 1900-1941
2) Globalization 2.0: 1945-2000
3) Globalization 3.0: 21stCentury

Stages of Globalization: Globalization 3.0.   (21st century)

o Companies freely locate business functions anywhere in the world based on an optimal mix of costs, capabilities, and PESTEL factors.


o MNEs have become global-collaboration networks.  

The question on the page originate from the summary of the following study material:

  • A unique study and practice tool
  • Never study anything twice again
  • Get the grades you hope for
  • 100% sure, 100% understanding
Remember faster, study better. Scientifically proven.
Trustpilot Logo