Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hello, can you check my explanation po? This is my report and this is really hard for me, can you add something? Thank you. A

Hello, can you check my explanation po? This is my report and this is really hard for me, can you add something? Thank you.

A BRIEF MODERN HISTORY OF GLOBALIZATION

  • International business has existed in some sense since prehistory, when flint banks, ceramics, and other goods were traded across great distances. Even during the Roman Empire, traders carried goods to consumers around the world. However, multinational enterprises-as we know them today-were great rarities until the 19th century. By then, U.S. companies like General Electric, International Telephone and Telegraph, and Singer Sewing Machine Company had started to invest in overseas manufacturing facilities, as had West European companies like Ciba, Imperial Chemicals, Nestle, Siemens, and Unilever.

EXPLANATION

  • Ngayon na nasa contemporary world or modern world na tayo, marami ang mga naging pagbabago simula pa noon, but before may tinatawag tayong International business which has existed even before, and nag tra-trade sila ng mga ceremics and other goods and services sa malalayong lugar. And even during the Roman Empire, may mga traders na talaga na nag tra-trade ng mga goods and services sa kanilang custumers from a very far place, although mayroon tayong tinatawag na multinational enterprises, which producing goods or delivering services in more than one country, however, it was great rarities or kung ibigsabihin baga ay madalang lamang, na umabot hanggang noong 19th century. So, sa mga panahon na 'yun, 'yung United States companies katulad ng mga General Electric, International Telephone and Telegraph, and Singer Sewing Machine ay nagsimula silang mag invest in overseas manufacturingf facilities, katulad ng mayroon sa West European campanies like Ciba, Nestle, Unilever, etc. And probably one of the main reasons is that they are seeking larger markets for their products, not only in the country where they are investing but also in neighboring countries
  • And now we are in 21st century or contemporary world, we have seen the improvement of technologies all over the world. In the past years, people across the globe but they did not have the ability to communicate and could not interact without difficulty. But nowadays, we have phones, computers, or video conference call where we can easily connect to people throughout the world.
  • It also increases the awareness, opportunity and transportation technology to people, which allowed them to move about the world and search of a new home, a new job, or to flee a place of danger.
  • And of course the diffusion of knowledge, or the spread out of knowleadge, wherein kapag mayroon tayong new kowledge ginagamit natin to adopt what we have learned from other country, and hindi na lang s'ya nanatiling sektro, and one good example of this is the appearance of automotive farming machines in Southeast Asia, wherein ginagamit na rin 'to sa ibang bansa.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

1119563097, 9781119563099

More Books

Students also viewed these Economics questions

Question

5. How can I help others in the network achieve their goals?

Answered: 1 week ago