5 Stages of Internationalization (Companies) The previous factors contributed for the significant change in the scenario of and resulted in the variations in the operations of International companies.These variations in the scenarios generally categorised into five stages- Stage 1. Domestic Company- Domestic company limits its operations,mission and vision to the national political boundaries.
8 driving forces of globalization There are different driving factors which impacts directly or indirectly on globalization. These Factors includes- 1. Liberalization- The term is heavily used by different government like GATT/WTO,FDI (foreign direct investment) are the major tools in it. Liberalization allow two any MNC's to work Freely, Free to entering business market
what is globalization ? Meaning- what is globalization ? - Globalization is also called International business, International trade is that trading which open a cross border transactions between the countries, no matter these countries are developed, developing, under-developing. These all transactions takes place with the collaboration of highly skilled labour, capital, technology, transportation