Globalization is the process by which the world is interconnected through technology and powerful infrastructure for the purpose of communicating and managing resources. Globalization seems to talk about several vibrant phenomena which ensure two major components. Firstly, they function across national boundaries and secondly, they result in higher incorporation or interdependence of human societies. It is therefore one aspect of development that affects the world in general, from every point of human view.
There are numerous ways in which globalization has impacted the world today. Some of these include modification of worldwide environment in investment, management, machinery, policy-making, economics, and societal conditions, which shaped breaks aimed at the entrepreneurial initiatives to develop global trades at tremendous speed. These would encourage more trading and employment opportunities for individuals across the globe.