Multinational organizations and globalization

Multinational organizations are taking full advantage of globalization. These multinational companies e.g. Coca Cola, Pepsi and many more are exploring their opportunities in foreign countries and expanding their business rapidly. These companies are contributing to local lifestyles and bringing changes to them. For example many countries did not have a high consumption of fast food a few decades ago, but now, due to multinational fast food chains, fast food is becoming popular in these countries and become an important factor of their daily diet.