Take a moment and look at the tag on your t-shirt or the brand of your watch. Is the manufacturing company based in the country you are sitting in? There is a good probability that it may not be. Additionally, your product could be manufactured in Switzerland, shipped across the Atlantic Ocean on a French freighter, having Asians on the crew and ends up anchored at a Miami Port. This is an actual example of business in the modern world. Thus, not only transportation and logistics but also any business process in the modern world is completely or partially globalized.