We now operate in a multicultural world whether we work in our native homeland or we
work in another country. We are all involved in a global world. Globalization means that
countries, economies, industries, and organizations can no longer rely on traditional boundaries.
The business environment has seen globalization accelerate as new international agreements are
negotiated, international trade increases, multinational organizations grow, organizations are
restructured and downsized, state enterprises are privatized, and international migration expands.