Technological advances in telecommunications

What technological advances in telecommunications and transportation have influenced global business in the last decade? How have these technological advances affected regional economic development? What trends may be anticipated in these areas? Would globalization have been possible without these technological advances?

Over 350 word essay with reference.

Solution Summary

Technological advances in telecommunications and transportation that have influenced global business in the last decade include social networking, advances in air traffic networks, and the ability to telecommunicate without even leaving your office. Now, big businesses can reach even the most remote parts of the world previously not possible with the advance of various networks across the globe. In addition, social networking plugs business in with consumers the whole world over.

Over 350 word essay with reference.