Globalization is more than just a buzzword: it$$s a reality for business, here, there, and literally everywhere. It$$s changed the way that many companies work and how they approach many aspects of their operations.

In fact, it$$s almost necessary to embrace globalization and conduct business internationally if you as well as your company are to competitive in the global marketplace.

Technically, globalization is the free movement of goods and services that are produced by workers around the world in an integrated and seamless way, opening up the world economy and increasing trade and collaboration between different nations. This means that you can have a workforce that is based in different countries, in different time zones, with different cultural sensibilities$,$ with different political institutions, different legal systems, and different market practices

And while globalization isn$$t a new phenomenon, its impact has been more pronounced in recent years. It is disrupting the way that industries all over the world operate, coupled with rapid advances in technology, putting the modern workplace into a constant state of flux, rapidly changing and developing and becoming increasingly difficult to define.

Still, as we see in the graphic below, there are identifiable benefits. Based on this information, identify from the following set the true statement$($s$)$ versus the false statement$($s$).$