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The factors that influence the rate that an area will become globalized)),…
The factors that influence the rate that an area will become globalized))
Glocolization in Singapore)
Because of the technology, the economy of the Singapore has been growing.They have not following the standard market model. The have been befitting a lot from TNC's contributions.They have been using the standard education system.
Government reaction to foreign direct investment and the presence of foreign businesses)))
Since the 1960s, Korea has achieved an amazing monetary development, permitting it to defeat the pulverization brought about by the Korean War.The cash emergency of 1997 carried Korea into the most serious difficulty since the Korean War
One factor that could add to Korean recuperation from the budgetary emergency is a steady progression of unfamiliar direct venue (FDI) on the grounds that FDI shows up less included to unexpected swings than any other types of capital flows
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Contracts between urban and rural areas.)
Globalisation reach the highest level in capital cities or the largest urban areas. Also Foreign embassies locate in the large cities, capital, in order to have strong link with companies of the country they represent.But in rural areas this contrasts can be stark indeed. Globalization will not improve in rural areas so much, but the availability of such products outside of the main urban centers may be very limited
Quality of Labour
Quality of products should be good
3.Location of the market should be in a good place, where a lot of people love
In addition, there is the fact that if the Market has its own Name and its popular Brand , as an example , Walmart , everyone prefer ton to that place because of the mentioned 3 facts
Globalization has reached its greater extent in the developed world and the lowest in the worlds least developed countries .The most rapid change is taking place in the newly industrialized nations such as India, China, Brazil.
In peripherical areas, the global influences are usually at a much lower level. Amazon region in the early stages of industrialization the gap between core and periphery widens, but after a certain level of development, the gap narrows. So, the adoption of globalization decreases.
The level of economic development of countries and regions
The socialist leader wanted to punish companies that moved production sites abroad and called Europe that protected its citizens from the effects of globalization. Union leader in France have vowed to protect France's welfare state from globalization.All parties have promised to fight speculative capitalism and the filter down of jobs from the country to lower wage economies.1111
The level of infrastructure)))
The opening of the new airport and the spread of utilities can pave the way for gradual influx of globalized commercial activities. Improvements in accessibility regularly set off an upward spiral of advancement which step by step outlines more worldwide impact
The success of commercial activities in any locality depends on the level and quality of infrastructure
The size of markets in terms of population)))
Cultural acceptance of global business)