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Globalization is a system of integration of economies all over the world. Involving technological, economical and cultural exchange made possible largely by advances in communcation,transportation and infrastructure.

Glocalization means adopting a business's product or marketing according to the country in which they are operating, inorder to meet the demand for that product.

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Q: What is the difference between globalization and glocalization?
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Out sourcing is a media between consumers, customers and production unit. Globalization is liberalizing marketing/trade between number of countries.


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