Mini-Assignment: Globalization (Business & Marketing Coursework)

Mini-Assignment: Globalization
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Mini-Assignment: Globalization
Globalization is the trend where international cooperation advances have led to more significant cross-border interactions by businesses, governments, and populations. It has had a considerable impact on global socio-economic, political, social, and cultural systems. Factors such as favorable state policies that promote international trade have led to cross-culture integration across the world. A key driver of globalization today has been technological advancements, which have made the world far more interconnected (Labonte et al., 2015). As a result, there are plenty of investment opportunities in the international market, as many countries are open to foreign trade.
Globalization has created cultural awareness in Canada due to the migration of people from different countries. This situation has led to cultural diversity in many Canadian cities. For example, major cities such as Toronto and Vancouver have a significant population of Asians integrated into Canadian society. Globalization has created a wider variety of Canadians' goods and services due to many free trade agreements with different countries...