... more connected and this allows information and money to flow quicker, due to new technology such as newsgroups and internet meetings, so goods in one part of the world will become available in all parts of the world. Globalization is the reason behind the growth of world trade and it has encouraged economic growth. It improves standards of living, and increases the power of multi-nationals. When a company grows, the growth may be either organic or inorganic. Organic growth means that the company itself has grown from its own business activity without taking over or merging with other companies, while inorganic growth means that the company has grown by mergers or take-overs. Middle Walmart was established in 1962, by 1967 the company had expanded, opening 24 stores totalling $12.6 million in sales, with stores being in the middle of America. In 1970's, the company had a total of 38 stores making $44.2 million ...

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