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Technology and Internationalization

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Evaluate how changes and advances in technology have served to drive the internationalization of business, including at least one example.

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Solution Summary

In about 200 words this solution provides a brief discussion on the changes that the business world has experienced due to recent technological advances. One U.S. based example is also provided to exemplify the benefits that the internet has specifically provided for consumers.

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Modern technologies such as the internet and e-commerce have significantly boosted internationalization in the sense that these novel advances have lowered the cost of operations and transactions and redefined geographical boundaries of trade. At the click of a button, one can access information about products and services from all over the ...

Solution provided by:
Sandeep Bardia, MBA
Education
  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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