effects of globalization
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Explain the effects of globalization and the technologies that enable global organizations. Summarize the key strategies of successful global IT operations. How can an organization's global presence be enhanced through technology?
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Explain the effects of globalization and the technologies that enable global organizations. Summarize the key strategies of successful global IT operations. How can an organization's global presence be enhanced through technology?
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Let us first discuss the impact of globalization. Globalization has significantly affected global organizations in terms of increased competition and pressure to reduce costs and offer better quality products and services, access to new emerging markets around the world, etc. Today's global corporation not only faces from domestic business entities but from companies all over the world. It has to seek ways to minimize its cost of production as well as enhance quality of products due to increasing competition as well as increasing demands from the customers. Due to globalization, consumers are now aware of best products and services available around the world and thus, they have become much more knowledgeable and informed.
One of the primary triggers of globalization is the advent of new and innovative technologies, such as improved communications infrastructure, enhancements in information technologies and ecommerce such as internet, email and VOIP,etc. Technologies such as internet, email and VOIP has not only become an integral component of every business by taking over traditional communication and information tools, but has ...
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- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
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