Friday, November 4, 2011

AWESOME definition of Globalization by NRNM in the video below !!!

  Globalization is nothing but...
  • Sourcing capital from where it is cheapest
  • Sourcing talent from where it is best available
  • Producing where it is most cost effective
  • Selling where most profitable / where markets are
  • Without being constrained by national boundaries!

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