How does globalization benefit international business and what are the strategic implications of globalization? Discuss with examples.

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Globalization has significantly transformed the landscape of international business, offering a myriad of benefits and strategic implications for companies operating on a global scale. These effects can be observed across various dimensions, including economic, cultural, technological, and political. 

Benefits of Globalization for International Business:

1. Market Expansion:
   One of the primary advantages of globalization is the vast expansion of markets. International businesses can reach a broader customer base, tapping into new regions and demographics. For instance, technology companies like Apple and Samsung have successfully penetrated markets worldwide, capitalizing on the increased accessibility and demand for their products.

2. Cost Efficiency:
   Globalization enables companies to optimize their ____ ____ __ ________ _____________ ________ ________ ____ _______ ____ __________ _____ ____ __________.
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Degree : MASTER DEGREE PROGRAMMES
Course Name : Master in Business Administration
Course Code : MBA
Subject Name : International Business
Subject Code : MS 97
Year : 2022