Screwdrivers are distinguished from each other based on their tip and what type of screw they drive. The two most common screwdriver tips are 1) the slot head screwdriver, and 2) the Phillips-head screwdriver.
Globalization broadly refers to the expansion of global linkages, the organization of social life on a global scale, and the growth of a global consciousness, hence to the consolidation of world society. Such an ecumenical definition captures much of what the term commonly means, but its meaning is disputed.
The extent to which a firm relies on global sources of supply. Supply Chain Globalization: The number of leverage points and the lead-time associated with ordering and receiving products from low cost countries will amplify the potential impact of the disruption. The growth in low cost country sourcing from places such as China, India, Eastern Europe, and Malaysia is skyrocketing.