Impact Of Globalization And Information Technology

1023 Words5 Pages

GLOBALIZATION AND INFORMATION TECHNOLOGY
ABSTRUCT:
This paper reveals about the technology and globalization in modern age of 21t century. Internet is most visible aspect of globalization.Globalization has completely changed the way in which the world work & manipulate.
Even though globalization and information technology had been widely accepted as two sides in one coin.In this paper the role of globalization on all fields will be discussed and in particular, the impact of globalization on the environment. Also, over the past few decades progress in information technology have had a profound on the global landscape as well as on the Progress of globalization.
INTRODUCTION: …show more content…

These trends have facilitated performance profits in all sectors of the economy. IT drives the progressive use of source to promote new products and ideas across countries and cultures, regardless of geographic area.Creating green and effective channels to trade facts, it has been the catalyst for worldwide integration. The information industry was dramatically transformed by using the emergence of severe net-enabled information-collecting and dissemination stores.web sites, blogs, instantaneous messaging systems, social networking websites, and other internet based totally conversation systems have made it lots less complicated for human beings with not unusual pastimes to connect, trade records, and collaborate with each other. training in any respect levels is usually transforming thanks to improvements in conversation, schooling, and presentation software program. websites now serve as a primary supply of statistics and analysis for the …show more content…

8 TYPES OF GLOBALIZATION

1.financial Globalization:
- international’s financial systems have turn out to be in detail interconnected
- inventory marketplace buying and selling in big apple stock change can affect Tokyo and Hong Kong
- Wave keeps in ecu markets then lower back to American markets
- crucial to be aware: reflects interconnectivity of network of global towns, not countries
2.Economic Globalization:In beyond, maximum businesses have been connected/recognized with a country, however nowadays agencies are actually transnational groups pass their manufacturing and capital to any marketplace so as to benefit the corporation (growth income and share values) ie: Ford has flowers in Mexico
Coca Cola and Nike are all over the global
Supporters: increased global wealth approach increase in standard of