The term “Globalization” has become one of the most fashionable buzzwords, nowadays it is being used in political as well as academic debate.
What is globalization? The answer to this question is the growing integration of economies and societies around the world, invention of new technology in the present competitive world, where technology needs to be updated in every field of life may it be business, politics or education is known as globalization. It is also a process of making something worldwide in scope or in application. In popular discourse, globalization often refers to the following phenomena: the pursuit of classical liberal (free market) policies in the world economy (economic liberalization)
G-zation is among the most discussed and is undoubtedly one of the most disputed terms to have into commom parlance in recent years .Economic globalization has critically received the lion’s share of attention ,but recognition of social, cultural, enviornmental and other aspects of globalization has rapidly grown in more recent years.” (Etal,2002)
The growing dominance of western (or even American) forms of political, economic, and cultural life (westernization or Americanization), the invention of new information technologies (the Internet Revolution), as well as unified community in which major sources of social conflict have vanished (global integration).
Globalization is also the process of making all the necessary technical ,financial ,personal ,marketing and other decisions necesary to facilitate localization. Nowadays products have been globalized before they are localized. A globalized product does not require redsign .In the world of information technology Globalization includes the process by which the website development,update process and workflow are engineered to provide a comprehensive framework for cost effective site development and maintainence, incorporating overseas offices and consultants.
Globalization gives way to increase possibilities for action among people in situations where latitudinal and longitudinal location seem to be....
