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Question
The globalisation of markets implies that national markets are merging into one huge market. Similarly, the globalisation of production implies that companies are basing individual productive activities at optimal locations worldwide which makes it irrelevant to talk about Australian products, Japanese products, or French products.
1. As an international business student, do you agree or disagree with the above statements? Discuss.
2. Would you recommend that all companies adopt the above globalisation perspective(s)? Why or why not?
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