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GLOBALIZATION, 3 FACTORS OF GLOBALIZATION - Coggle Diagram
GLOBALIZATION
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LIBERALIZATION
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Is the removal or reduction of restrictions or barriers on the free exchange of goods between nations.
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INTERNALIZATION
Whereas internationalization refers to the act of designing a product or service in a way that makes the expansion into international markets a simpler process.
Is the practice of designing products, services and internal operations to facilitate expansion into international markets.
EXAMPLES
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Jollibee started to go international by putting up store branches in key of the world where Filipinos live.
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