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Thereby, millennials in this generation have been imitating international fashion.
Impact of Globalization Globalization impacts a business and a company in various ways.
Globalization impact on businesses in the worldwide market can be described under two broad categories of market globalization and production globalization.
In my view, I agree with the notion that local traditions are being devalued by this modernization.
The modernization of globalization can directly affect the cultural diversity of a country.
Globalization has been a very popular issue in the world.
The arguments between the drawbacks and positive effects in cultural identity and ethnic diversity have been the major discussion.
Most Filipinos prepare pancit and lechon as a traditional meal but in today’s generation, spaghetti and fried chicken are the main favorites.
Thus, the traditional cuisines of a certain country are suffering.
Globalization is making various huge changes in the world where people are moving away from their self-contained countries to the more integrated world.
In order to globalize a business, a company need to bring change in a business strategy made for a single country to the special one having ability to operate in multiple countries.