Answer the following questions (One good paragraph):

  1. What do you understand by the term ‘globalization’?
  2. What are the benefits and the disadvantages of globalization? 5 each
  3. How has globalization impacted the organization in which you work or are most familiar? In three paragraphs
  4. Identify the World Trade Organization’s (WTO) three main goals and explain how the WTO differs from the General Agreement on Tariffs and Trade (GATT).
  5. How does culture impact global business ethics?
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