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BUSINESS STRATEGIES

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?

Discuss how culture, language, and religion might influence the costs of doing business in a particular country. Support your statement with examples.

Discuss the following theory: The study of global business is relevant if you work or plan to work in a large multinational company, but it has little or no significance for individuals who work in smaller national firms. Do you agree or disagree? Defend your argument with at least two supporting statements.

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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?
There are several technological advances in telecommunications and transportation that have influenced global business. The technological advances in telecommunication are the increasing use of telephone, radio and television, the internet, and local area networks.
The increasing use of cell phone communication, the higher power of mobile computers having broadband connectivity, videoconference, the increasing use of internet for communication has contributed largely to the increase in globalization and expansion of increased economic development.
A technological advance has made possible larger volumes to be transported globally using rail road, shipping, and airfreight services. In terms of transportation, the use of tracking number and satellite services that enables shippers and customers to ...

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