Title: Explain the concept of globalization.
Course: Opportunities in Global Trade (12056-I) > Section: Understanding the Nature of Global Marketing and Commerce

Explanation should include

- definition of globalization
- factors that contribute to globalization, such as
  - political systems
  - cultures
  - industries
  - technologies

- results of globalization, such as
  - interdependence of economies
  - marketing of produce throughout the year
  - ease of product distribution and sourcing.

Process/Skill Questions:

- What are some positive effects of globalization?
- What might be some negative effects of globalization?
- What current issues in the news are influenced by or are the results of globalization?
- How does globalization affect everyday life?
- What marketing functions are affected by globalization?
- What role does technology play in globalization?
- Is globalization an unavoidable and fluid process? Explain.