Globalization is the process by which businessmen take their business to the international

level.
With this, business increases from one country to many countries, so that that business will
get the benefit of international technology.

The reason for the boom in globalization is the demand of people, free-trade activities,
acceptance of markets worldwide, emerging new technologies, new research in science,
etc., because globalization has a huge negative impact on the environment and has given
rise to various environment.
All the growing environmental issues like water pollution, deforestation, air pollution, soil
pollution, pollution of water resources, climate change, biodiversity loss, etc. need to be
resolved by international efforts on an urgent basis otherwise they will one day in the future
but can end the existence of life.

An incredible advancement in science and technologies has given businesses an amazing

opportunity to spread easily even outside the territorial boundaries.
Due to globalization itself, there has been a huge economic growth of companies.
They have been more efficient and thus have given birth to a more competitive world,
competition in quality of products, services etc. has resulted in growth.
Successful companies in developed countries are setting up their overseas branches to gain
locally through lower-cost labour than their home countries.
Such business activities are employing the people of developing or poor countries and thus
paving the way forward.
Along with the positive aspects of globalization, the negative aspects are also not
forgettable.
There has been a risk of epidemiological diseases through transport from one country to
another; however, the government of all countries has had proper control over globalization
to minimize its negative effects on human life.