"Globalisation" is primarily about businesses choosing to locate activities wherever it is most cost-effective, regardless of the location of their headquarters, shareholders, present workers, or, if it's good for the business, customers.
It is made possible by instant electronic communication, relatively low transport costs (by historical standards) of goods and people, the teaching and learning of English in all the world's large cities, and deregulation. As recently as 30 years ago, to give you a sample of pro-globalisation changes, there were restrictions on how much foreign exchange a UK resident could buy with sterling; China was virtually closed to foreign direct investment; telephone calls from London to Peru had to be placed through the operator and lines were unreliable; and, of course, there was no internet.
Globalisation is the overall trend expressed in zillions of business decisions. Here's a cute example. My wife's retina specialist, a highly skilled eye doctor, after each treatment of a patient, needs to write clinical report data (eye measurements, summaries of patient consultations, drug logbook, etc) to the hospital records, the patients' GPs, and the patients themselves. He works in London and Oxford, time zone GMT. His method of compilation? He dicates his reports, these are sent electronically at the end of each working day to a secretary in Australia, time zone GMT+10, and the typed letters arrive back in England all ready to print out and post by 9a.m. GMT the next morning.
Globalisation is about outsourcing activities like call centres from Western countries to India and locating manufacturing in China, but it is also about stock markets being open to takeovers from anywhere. Thousands of British companies own significant American businesses and some UK-quoted cos do most of their business over there. And of course vice-versa. Many from both countries have bought businesses in Australia, Malaysia, whatever. But it is omnidirectional, timely (for you) illustrated by the recent takeover announcement of Corus by Tata of India. See for example:
news.bbc.co.uk/1/hi/world/south_asia/6071090.stm
and google 'Corus Tata takeover' for more on this story if you want it.
Here's some annual reports of some companies expanding outside their home country, some huge, some quite moderate-sized. You should find all the pictures you are looking for to illustrate your project by thumbing through these, or similar ones:
www.xansa.com/documents/html/ar2005/chief_exec_statement_2.html
www.axonglobal.com/pages/about_us/investors/annual_report.asp
http://www.walmartstores.com/GlobalWMStoresWeb/navigate.do?catg=453&contId=5700
www.tescocorporate.com/images/Tesco_Report_2006_Full.pdf
2006-10-25 20:20:44
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answer #1
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answered by MBK 7
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JUST SUMMIT A PICTURE OF AL GORE & HILERY CLINTON
AND YOU"LL BE ALL SET
2006-10-22 18:49:09
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answer #2
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answered by Diane E 1
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