• Globalization
is the integration of country with the world economy.
• The
three stages of Globalization : • Archiac Globalization • Proto Globalization •
Modern Globalization.
• LPG –
Liberalization, Privatization, and Globalization
• Multi
National Company is a corporate organization which owns or control production
of goods and services in at least one country to other than its home country.
• MNC
otherwise called Transnational Company(TNC) and Multinational Enterprises(MNE).
• GATT
was signed by 23 countries in 1947. India was one of the founder members of
GATT.
globalization: the
process by which businesses or other organizations develop international
influence or start operating on an international scale. உலகமயமாக்கல்
archaic: of an
early period of art or culture, especially the 7th–6th centuries BC in Greece. தொன்மையான
evolution: the
gradual development of something பரிணாம வளர்ச்சி
evolution: the
gradual development of something பரிணாம வளர்ச்சி
mortgaged: expose
to future risk or constraint for the sake of immediate advantage. அடமானம் வைக்கப்பட்ட
spurt: cause
to gush out suddenly. திடீர்
detrimental: tending
to cause harm சீரழிவான
thriving:
prosperous and growing; flourishing. வெற்றிகரமான
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