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In the mean time, globalization can also descript when businesses are expanding their operations to new countries or marketplace also. In a global marketplace, any company from any country can become a competitor to the other.
Most of company tend to change themselves from "domestic-only" ? companies that do business only within their own country ? into multinational company or seeking new opportunities to go aboard by expanding their market, moving their facilities into developing countries, or diverse themselves to another region such as having their headquarter in Northern Europe and having their branches in Europe, North America, or South East Asia...
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