Not being involved with any outsourcing business, I experience the flatness of the world through online communities, media streaming, file and information sharing, e-mails and chatting, etc. Through social networking websites like Friendster, I can stay in touch with my distant friends and relatives. Instead of going to a mall, I can actually stay at home and shop online from anywhere around the world. And as a student who is usually bombarded with a lot of research work, I rely on search engines like Google and Yahoo, and on online encyclopedias, dictionaries and news articles. I don’t need to buy books or go through the hassle of searching books in a library and checking them out one by one for information and pictures anymore. Likewise, I don’t need to buy audio or video CD’s because I can download songs through LimeWire or watch a movie in YouTube. I can do all these things, yet all I need to pay for is my PLDT DSL connection and the only place I need to go to is in front of my computer.
The rapid changes in technology have made my life more comfortable. Compared to the people who lived a century before me, I can do more things with less effort exerted and less
money spent. I am indeed empowered as an individual through the internet. The things that only professionals and rich people can do or obtain before, anyone like me can do or obtain as well today. And as long as I have an internet access, I can never be too far from the other side of the globe, just like the call center employees Thomas Friedman talked about in his book, The World is Flat, thanks to the new technology brought to the Philippines.
Philippines is not a dominant player in what Friedman calls a flat world, but it is fast catching up. In recent years, it has become the destination of choice for outsourcing due to the large pool of trainable and highly skilled English-speaking labor force it offers, as well as the reduced cost of operations. Sykes Enterprises, Convergys Corp., Accenture, eTelecare, Caltex, Procter & Gamble, Barnes and Noble and American OnLine (AOL), among others, have built service centers in the Philippines . According to the Department of Trade and Industry, the revenue generated by the Philippine outsourcing industry grew from $3.5 billion in 2006 to $5 billion in 2007, and the outsourcing sector employees increased from 235,000 in 2006 to 320,000 in 2007 .
In many lives, change is constantly happening. The economics, cultural values, and social ideals are different today from many years ago. For example, men many years ago rely on literature, libraries, and endless hours of searching for sources in order to make speeches and write stories, and they also had different modes of transportations such as trains. On the other hand, in today’s society, it is easier to find sources and to do research because of the advanced technology, and it is also unchallenging to travel due to the innovations of cars and airplanes. With this being said, it is idealistic that change has a positive impact on society due to the advancement of technology and new methods of transportations, and those changes attribute
The major technology change that has had the greatest impact on the quality of my life is the spread of uses for the Internet. The wide range of uses for the internet has extremely benefited my life. I use the Internet to keep in touch with my family from College and with my brother who is in the Air Force in Georgia. I also use the Internet to talk to my long-distance boyfriend so my phone bill doesn't get too large. I also use the Internet in a highly educational way. Not only can I take my college courses online (which is much better for me because I teach myself much better than a professor or teacher can teach me), but it can teach me about anything else I would like to know.
...all the pricey luxuries in life but at the cost of losing its priceless joys. The Internet has bred many unethical practices, like hacking, spamming and phishing. Internet crime is on the rise. The Internet, being an open platform lacks regulation. There is no regulation on the content displayed on websites. Internet gambling has become an addiction for many. Overexposure to the Internet has taken its toll. In this virtual world, you can be who you are not, you can be virtually living even after you die. Isn't this weird? Children are spending all their time playing online and less or almost no time playing on the ground. Youngsters are spending most of their time social networking, missing on the joys of real social life. Technology will enable diverse cultures to collaborate more efficiently, in every sphere. It will bring people and organizations together, closer
From a food and beverage manager's perspective - What are the important characteristics and procedures of a food and beverage establishment in relation to its size, type, market, design, planning and organization?
In today’s global market, more than before, multinational enterprises [MNEs] have been expanding their operations internationally. This rapid growth requires suitable staff to run new units in foreign countries. Leadership of these new units and MNEs in general requires a global mindset. “Each unit requires executives that navigate economic complexities, cultural ambiguities, and political challenges” (Daniels, 2013) while running an efficient and productive unit. MNEs need staff with international business background and understanding in order to have a successfully operated unit. There is shortage of leaders for the world stage. There are many reasons on why pursuing international business is the right thing to do, tremendous growth potential and high demand are to mention two. There are benefits to be a leader of an international business unit such job satisfaction and better life experience. On the other hand, there could some down fall from being away from home such as being forgotten by the home office and being downgraded once coming back home and high rate of turn around.
The international business development has heightened the importance of international market selection (IMS) of companies, especially for their exporting strategy. However, not many companies really comprehend the geographical, social, economic characteristics of foreign countries in comparison with their home countries (Cavusgil, 1985). This fact has challenged many studies to create the optimal approach for IMS. The major question is: Which foreign market should a company enter? Thus, this report focuses on providing a practical consultancy to evaluate and determine its most appropriate foreign markets.
Marketing is a very broad term, which encompasses all the activities that help businesses in identifying their customers and needs of their target market, utilising all the communication resources in order to target their target market, eventually persuading them to purchase the organisations products and services. It is much broader than the concept of selling, as selling just includes techniques of direct communication used to persuade the customers to buy the products and services of an organisation. In fact, sales are the integral part of marketing. Marketing also helps organisations to utilise all resources in an efficient way to gain customer satisfaction, which will eventually help in the growth of the company. While, on one hand, marketers tend to focus on the needs and preferences of the customers, they also need to keep a close eye on their competitors (Gillespie, 2010). Companies always look to beat down their competition with providing better products and/or services, or by providing less-expensive goods to the customers than their competitors, in order to achieve or maintain the leading position in the industry. The core focus of this paper is to identify and discuss the core aspects how managers could maintain the marketing activities of the organisation in the global context.
The recent revolution of internet and dot-com boom has brought more people familiar to computers and the Internet. It seems like that we can hardly find our way through everyday life with out using or having an internet connected computer next to us. The way we think, live, and communicate was changed once for all with the invention of networked communication of computers. Computers are no longer a piece of machine that sits on top of our desk for us to admire the marvelous technology brought by the geeks and freaks of 80's, but for us to constantly use and put in to work. And in a way, environment which we live in, the society, schools, jobs, forces us to make friends with that technology. Just like when you don't have a telephone you will have hard time communicate with meeting with your friends, absence of instant messaging programs, or ability to use one, will place you out of the circle of events happening with the friends, or don't let you do the work as fast or as good as the one who uses the technology. This is one of the reasons why increasing number of people choose to have computers and internet as a prime communication tool not only between friends and for socialization, but for everyday life. People are increasingly finding new ways of getting things done not by the waiting at the other end of the phone line, but clicking the way through a certain web pages, or typing their message on emails and messenger program. On-line part of the business of almost all industries, not only limited to the dot-com companies but other 'traditional' businesses as well, has been increasingly finding it self positioning more valuable and growing in potential. We are all too familiar with the online shopping sites and class websites that we use almost everyday in a very handy way of getting things done.
In this article, Kathleen O’Toole depicts the Internet effect people’s lives. She mentions it is good because the Internet make our lives easily and comfortably. However, it
Globalisation has been one of the most significant developments of the last half century, and issues such as trade and international commerce have become increasingly important. In consequence, problems such as poverty, unfair wages and poor working conditions in third world countries have been drawn to the attention of consumers (Hayes and Moore, 2007). This is a growing global issue which cannot be ignored by anyone concerned about the problems in developing countries. Free trade and Fair Trade have both been offered as solutions to these issues.
International business contains all business transactions private and governmental, sales, investments, logistics, and transportation that happen between two or more regions, nations and countries beyond their political limits. Generally, private companies undertake such transactions for profit governments undertake them for profit and for political reasons. It refers to all those business activities which involve cross border transactions of goods, services, resources between two or more nations. Transaction of economic resources includes capital, skills, and people. for international production of physical goods and services such as finance, banking, insurance, and construction.
The global economy has seen a dramatic increase in services trade between countries. The regulation and monitoring of service trade between countries has become much harder. As highlighted by Johnson, trading in services was the fastest growing constituent of global trade during the 80’s and 90’s. Cross border transactions include anything from banking to software. When services are offered to another country, the provider has to interact with the customer through either, cross border communications, movement of the provider or the consumer moving to the supplier’s state of residence. Technology has made international trade much easier and more feasible; this has lead countries to boost services being exported to other countries. IT has decreased the cost of communication between countries. As a result it has made it more feasible for businesses to introduce new products and modify services abroad. This spark in global trade of services has its downfalls. The liberalization of services goes against certain countries’ development strategies. Areas like health and education needs the provisional planning of governments. The interference from abroad has hindered the governments’ strategic planning with respect to these services. This takes us to the importance of regulating services coming in from abroad through protectionism. Regulations on services can be a burden on service providers which can consequently weaken the liberalization of tr...
I found this topic so interesting and motivating and I believe that I got some new knowledge and skills after attended this assignment topic. My experience has been successfully expanded as a result of attending classes, to include global approach to the international business. I found out that practice for international business has become little bit complicated due to influence of globalization.
In addition to this the internet has affected my life in that it allows me to be bold and create something amazing without anyone’s permission. Back in the pre internet age in order to learn and progress at something you had to either to read an often times outdated book, or find someone to teach you the information. Once you obtained enough knowledge about your craft you had to work under someone in somewhat of an apprenticeship and were essentially not allowed to move up in the industry until they deemed you fit to do so. You had to have someone else’s permission to progress further in your work. Today the internet allows anyone to create something amazing, and the low barrier to entry makes it so that no one has an excuse to not be great. Two college kids created the website Reddit with nothing but a laptop, an internet connection, and some Ramen noodles, and today the site gets over 8 Billion visits a month! Such a duo wouldn’t have even been an afterthought without the power of the
Over time, people have changed in many ways, one being the methods to which they do things. People have evolved from cavemen into this gigantic society of people whose sole mission in life is to succeed. As people have changed, so have the technologies they use. People have gone from using telegraphs to using telephones and cellphones that only take mere seconds to communicate with someone. Society's knowledge of medicine is so much greater now than ever before; there is an immense amount of cures for several diseases, surgeons know how to transplant body parts, and we can even create artificial body parts...