Globalization primarily concerns the expansion of what?

Globalization primarily concerns the expansion of manufacturing and trade operations. This process involves increasing interconnectedness between different parts of the world through businesses setting up production facilities in various countries, sourcing raw materials globally, and engaging in international trade. By doing so, companies can benefit from cost efficiencies, access new markets, and enhance competitive advantages.

Manufacturing and trade operations are central to globalization because they drive economic growth, facilitate the exchange of goods and services across borders, and create supply chains that span multiple countries. This interconnectedness leads to a more integrated global economy, where production and consumption are not limited to domestic markets.

While employee training programs, market share analysis, and product loyalty initiatives are significant aspects of business strategy, they do not encapsulate the essence of globalization like manufacturing and trade operations do. These other choices may reflect internal business processes or strategies affected by globalization, but are not directly tied to its core purpose of expanding economic interdependence across international borders.