1. Different era in external business:
Commercial term (1500-1850) - This was the era of great explorers. During this age individual entrepreneurs were seeking personal fortunes in distant lands and occupation in gold, spices, silk, and slaves.
Explorative Era (1850-1914) - This era was the spring of the industrial revolution because machinery was needed to create finished materials. Home governments draw involved in colonial rule and colonies became dependent on imperial powers politically and industrially.
Concessionary Era (1914-1945) - The Hesperian companies became very tendinous which lead to a rise of nationalism and economic development. Countries tested to seek independence and during this time seaports, railroads and the telegraph were built.
National Era (1945-1970) - This was era of political instability because increasing hostility towards western companies led to the desire for self-government and sovereignty. During this time people were beginning to learn through education.
2. Different actor stages:
Two instrumentalist Stage WWI-1955
Three actor Stage 1955-1970
Four Actor Stage 1970-1980
Multi Actor Stage 1980-Present
3.
What is globalization?
Globalization is a move of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and back up by information technology. This process has effects on the environment, on culture, on political system of ruless, on economic development and prosperity, and on human physical well-being in societies around the world.
Globalization- refers to the sheer away from distinct national economic units and toward one large global market.
4. Components globalization:
Globalization of Markets- refers to the movement from an economic system in which national markets are distinct entities, isolated by trade...If you want to get a full essay, order it on our website: Orderessay
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