Question about Drivers of globalization
Not what you're looking for?
List the major drivers of globalization. Give three examples of each.
Explain at least four effects of globalization.
Purchase this Solution
Solution Summary
Technology and communication is the foremost driver of globalization in today's world.
Solution Preview
Major drivers of globalization:
Technology & Communication: Technology and communication is the foremost driver of globalization in today's world. Improved means of communications like internet, fax and mobile phones have made the world a smaller place to live in. Transcontinental flights, shipping lines and improved rail and road network across borders have made the world so smaller that people hop from one country to another easily. With the use of internet and e commerce, documents are now being shared and distributed across borders within split seconds. The mobile phone keeps you connected all the time. With the development of airlines, you can cross entire continents in single day. All these factors have opened up humungous markets for every product and service.
Trade barriers( Political and Economic changes): Most of the countries in the world have started reducing trade barriers for other countries and are shifting from closed end economy to open end economy. Countries are now more dependent on each other than before. Instead of producing everything, they are ...
Education
- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
Recent Feedback
- "Thank you. "
- "Thank you"
- "Thank you. I got 20/20 last week for my discussion you help me out with."
- "Thank you. Great Job. "
- "Thank you. Great Job. "
Purchase this Solution
Free BrainMass Quizzes
Six Sigma for Process Improvement
A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.
Business Processes
This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.
Understanding the Accounting Equation
These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.
IPOs
This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)
Basic Social Media Concepts
The quiz will test your knowledge on basic social media concepts.