With the increasing use of ICT to enable global communications and better transport to make travel and shipping of goods much faster, many companies are able to do business with others around the world.

Large companies set up replica stores in many foreign cities. These stores look the same whether you visit one in London or one in India. Examples of global companies who do this are Macdonalds and the Body Shop

Globalisation has made it much easier for businesses to trade with one another around the world. They can take advantage of better prices for raw materials or labour. Your favourite trainers have probably been made abroad!

This led to many companies moving their production to the east where wages are lower. Eventually of course, those regions become wealthier themselves and so wages begin to rise, so the hunt for lower costs will always continue.

Many businesses are outsourcing work to countries where labour cost is lower.

Some airlines have their ticket booking call centres based in India. Staff there are connected to the airline's computer network so they can deal with customers directly.

Many banks are also following this trend.