Globalization can be defined as the tendency by which businesses, technology, or even philosophies spread throughout the world or rather the process by which this happens. Globalization has a significant impact in all nations. These impact might both be positive and negative depending on their influence to the country. Globalization is characterized by a total interconnected market that is not affected by the time zone of a particular country. Globalization is associated with certain forces which form the main key for this process to occur (Caprio, p 231). They are mainly technology, trade and integration, offshoring and outsourcing, migration Continue reading...