MNB 3701FINAL EXAM PREP (MNB3701)
University of South Africa
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MNB 3701 ASSIGNMENT 2
- Exam (elaborations) • 14 pages • 2022
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MNB 3701 
ASSIGNMENT 2. 
Various types of globalisation 
Two major types of globalisation are described by Aregbeshola (2017, 7), namely 
market and production globalisation. 
In essence, market globalisation involves merging of previously discrete and 
independent markets into a global structure. Market globalization thus enables 
international trade via removal of trade barriers. Differing consumer tastes from 
various parts of the world set new global standards, which enable them to receive t...
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