INTRODUCTION consists Globalization refers to the widening set of interdependent relationships among people etions from different parts of a world that happens to be divided into nations. The term sometimes refers to the elimination of barriers to international movements of goods, services, capital technology, and people that influence the integration of world economies. Throughout his- usiness tory, wider human connections have expanded people's access to more varied resources, products, services, and markets. We've altered the way we want and expect to live, and we've ted by become more deeply affected(positively and negatively) by conditions outside our immedi- ate domains. The opening case shows how far-flung global contact allows the world's best sports talent to compete, and their fans to watch them, just about anywhere. Likewise, managers in almost every industry consider ever more distant places as sources of supplies and markets, As con sumers we know from Made in" labels that we commonly buy products from all over the world, but these labels do not tell us everything. So many different components, ingredients, and specialized business activities from different countries go into products that it's often a challenge to say exactly where they were made. Belgium is renowned for its chocolate, but a Belgian Neuhaus bonbon includes ingredients from the Ivory Coast, Philippines, Ecuador, Sao Tome, and Venezuelas Because Apple ships its iPhones from China, they appear to be Chinese products, but less than 4 percent of their value is created in China.