EBK ESSENTIALS OF MIS
12th Edition
ISBN: 8220101459305
Author: LAUDON
Publisher: PEARSON
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Chapter 1, Problem 5DQ
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Globalization:
Doing the business internationally or the process involved to conducting the business internationally is called globalization. This gives immense opportunity for business organizations to step afoot in unexplored regions.
- Globalization is a process; it integrates the international interchange of products, worldviews, ideas and culture.
- The web and telecommunication technology makes it possible.
- The total world market place is interconnected without the consideration of national boundaries and time zone.
- Due to the globalization, the goods and services are identical or nearly identical in all locations.
- The challenges present in the globalization are people involved in the business need to develop good communication skills based on the location.
- Globalization creates jobs for various people involved in the business.
Implications of Globalization when looking for a job:
The person looking for a job in Globalization era should multilingual skills, and good communication...
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