Globalization and technology developments have led to some significant changes in the global economy. Discuss the importance of such changes to the United States. What is the impact upon supply chains?
Globalization and technology developments have led to some significant changes in the global economy. Discuss the importance of such changes to the United States. What is the impact upon supply chains?
Technology and globalization:
One of the vital reasons for most organizations to go global is advances in technology. Technology has made it possible for the company to spread worldwide and has made it seem like a smaller place to operate in the world.
In countries like the US, the impact of technological advancement and globalization has changed the global economic structure. There is a transformation of activities carried out by organizations to achieve their goals, which in turn improves the organization's economic condition and the region in which they operate.
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