Globalization is the process which is creating the network of
business and the market, worldwide.
The globalization is possible by rapid decrease of the cost of
information technology.
Between the year of 1975 to 1995, the computing cost is being
decreased by 99.99 percentage.
Also, between the year of 1930 to 1996, the international cost
of telephone between New York to London is being decreased by 99
percent.
The companies taken use of this decreased low cost information
technology in order to coordinate the operations which are being
distributed all over the globe.