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International Business Environments & Operations  Sixteenth Edition   Global Edition John D. Daniels , Lee H. Radebaugh , Daniel P. Sullivan 1. International Business and Globalization (Chapter 1, page 49 to 63) WHY STUDY ABOUT GLOBALIZATION, IB, AND THEIR RELATIONSHIP?   Globalization is the widening and deepening of interdependent relationships among people from different 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 history, expanded human connections have extended people’s access to more varied resources, products, services, and markets.   FACTORS IN INCREASED GLOBALIZATION   What factors have contributed to the growth of globalization in recent decades? Most analysts cite the following interrelated factors:  1. Rise in and application of technology  2. Liberalization of cross...