Final answer:
Cohen and Kennedy defined globalization as the process of integrating governments, cultures, and financial markets into a unified global market, which begins with single motives but grows into a diverse combination of efforts with wide-ranging benefits.
Step-by-step explanation:
Cohen and Kennedy (2000) defined globalization as the increasing interconnectedness of societies and economies throughout the world. This interconnectedness is a result of trade, technology, and the sharing and adoption of various aspects of culture. They indicated that globalization involves the integration of governments, cultures, and financial markets through international trade into a single world market. The process often starts with a single motive, like market expansion for corporations or increased access to healthcare for nonprofits. However, it typically evolves into a 'mixed bag' of economic, philanthropic, entrepreneurial, and cultural efforts which can have various benefits, such as bringing clean-water technology to areas lacking safe drinking water.