Which of the following statements is true of globalization as it develops a new digital profile

The correct answer is c) It impacts the commercial, economic, social, and political environment. Globalization has a wide range of impacts on the global economy. It changes the commercial and economic environment by opening up international markets and increasing competition.

Globalization is a term used to describe how trade and technology have made the world into a more connected and interdependent place. Globalization also captures in its scope the economic and social changes that have come about as a result.

We define digital globalization as the state of a digital form of globalization that connects nations, industries, companies, and individuals around the world through flows of data, information, ideas and knowledge, and through flows of goods, services, investment, and capital that are digitally enabled or supported.