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Globalization influences on businesses

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How has globalization influenced business?
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How globalization influences businesses is discussed.

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Globalization has occurred due to several reasons. The first is technology. Technology advances in both communications and transportation have impacted the marketplace in a positive way as far as international expansion is concerned. We have seen the rise of the internet. This tool allows individuals to communicate with other people instantaneously no matter where they are, be it 5 feet away or 5000 miles away. Technology has also given us the facsimile machine, the cell phone, and wireless internet that make globalization even easier and beneficial. New technology for planes has been devised that allows airplanes to carry more people longer distances safer than ever before. More and more people are utilizing planes daily ...

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