Globalization has transformed the business landscape, creating opportunities and challenges for companies worldwide. As markets become more interconnected, businesses must adapt to compete on a global scale.
Globalization allows businesses to access new markets and diversify their customer base. Companies can leverage international resources and talent to enhance their operations.
“Globalization is not a choice. It is a reality.” - Unknown
However, globalization also presents challenges, such as increased competition and cultural differences. Businesses must navigate these challenges to succeed in the global market.