![]() Imagine McDonald’s stores springing up in Ukraine and Vietnam, and Americans frequenting Indian restaurants in Montana and falafel carts in New York. Imagine a pair of jeans in the mall with a “made in China tag” inside. ![]() ![]() “Globalization” refers to interconnectedness among countries through various relationships, from business, geopolitics, and technology to travel, culture, and the media. What Is Globalization and Why Is It Important? As globalization continues to shape worldwide interactions in commerce, technology, and more, companies will need to understand both its benefits and challenges. Globalization provides a wealth of benefits, but it also comes with economic and cultural consequences that can be difficult to navigate. It shapes, and will continue to shape, the way people do business, travel, and connect. ![]() There is no question about it - globalization has transformed the modern world.
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