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The impact of globalization on organizations
Roles of ict in business
The impact of globalization on organizations
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Introduction Throughout the essay, I will be evaluating how globalisation and technology may influence future offices being paper-less and people-less and how communication is heavily influenced by technology. Globalisation is a very complex term with various definitions, in business terms, “globalization describes the increasingly global nature of markets, the tendency for transnational businesses to configure their business activities on a worldwide basis, and to co-ordinate and integrate their strategies and operations across national boundaries” (Stonehouse, Campbell, Hamill and Purdie, 2004, p. 5). Currently in the global environment, there is a strong sense of competition that must be achieved through better performance, almost all firms are competing in international markets due to the reduction in barriers for capital and tariffs. With the new changes in both communication and technology, the consequences faced are that production processes are no longer within national boundaries but spread across (Debrah & Smith, 2002). Technology in communication and organisations and how it may affect future offices Advances in technology have changed businesses dramatically, in particular the communication and information technology that are conducted in firms, which changed the appearance and pace of businesses over the past few decades. ICT in particular, has evolved a lot over the past 30 years; important information can be stored in computers rather than being in drawers enabling information to be transferred at a greater volume and speed (Guy, 2009). ICT has also expanded various forms of telecommunications and workload conducted in businesses, internet examples of this include: e-mails can be used to communicate with others... ... middle of paper ... ...ieved 20 March, 2014, from http://money.howstuffworks.com/technology-changed-business.htm Mehedi, M. (2013, 19 March). Advantages and Disadvantages of Electronic Communication. [Weblog]. Retrieved from: http://docommunication.weebly.com/1/post/2013/03/advantages-anddisadvantagesof-electronic-communication.html Mohammadi, A. (1997). International Communication and Globalization. London: SAGE Publications. Redsicker, P. (2014). 5 Social Media Trends for 2014, New Research. Retrieved 25 March, 2014, from http://www.socialmediaexaminer.com/social-media-trends-2014/ Shepard, B. (2013, 28 August). 10 Cool Ways Companies Use Skype!. [Weblog]. Retrieved from http://blogs.skype.com/2013/08/28/happy-10th-ten-cool-ways-companies-use-skype/ Stonehouse, G., Campbell, D., Hamill, J. & Purdie, T. (2004). Global and Transnational Business (2nd ed.). Chichester: John Wiley & Sons.
Globalisation, in the simplest sense, is economic integration between countries and is represented by the fact that national resources are now becoming mobile in the international market. Globalisation sees: an increase in trade of goods & services through the reduction of trade barriers; an increase in financial flows through the deregulation of financial institutions and markets and floating of currency; an increase in labour
Hill, C.W.L (2005). International Business: Competing in the Global Marketplace (5th ed.). McGraw-Hill/Irwin. New York, NY
In the past three hundred years communication has changed so much that sometimes it is hard to imagine. We have gone from hand written, hand delivered letters in the 1700’s to text messaging and face time. Humans naturally strive to make things better, to find easier ways of doing things. Communication has gone from only spoken messages to, written, typed, and then electronic.
Swan, Christopher. "Connecting the World Through Social Media." IABC: CW Bulletin Swan. International Association for Business Communications, n.d. Web. 02 May 2014.
15. Hill, Charles W.L. International Business: Competing in the Global Marketplace. New York : McGraw-Hill, 2007.
Globalisation is a broad term that is often defined in economic factors alone. The Dictionary at merriam-webster.com describes globalisation as “the process of enabling financial markets to operate internationally, largely as a result of deregulation and improved communication.” Also due to deregulation on the financial market, multi-national companies are free to trade and move their businesses to areas where a higher return or profit can be achieved. New technology also enables companies to relocate to areas where labour costs are lower, for instance movement of call centre jobs from the UK to India.
Conner, C. (2012). Advantages and Disadvantages of Venturing to YouTube Marketing. Available: http://www.dailydealmedia.com/789advantages-and-disadvantages-of-venturing-to-youtube-marketing/. Last accessed 26th Feb 2014.
Jeff Bullas. 2011. 20 Stunning Social Media Statistics Plus Infographic. [ONLINE] Available at: http://www.jeffbullas.com/2011/09/02/20-stunning-social-media-statistics/. [Accessed12 February 12]
Globalization can not only affect a company opening an office in another country but it can affect a small local business as well. As the internet brings the world closer together it becomes far more likely that a business that opened with no intention of selling internationally will have customers form different parts of the world asking for their product. For instance a steel company located in Pennsylvania may suddenly find orders coming in from South American factories. How the steel plant chooses to handle this new international customer could mean ...
First of all, for the working peoples, the appearances of computer technology bring up a convenient
The process of globalization allows the global market to include products and services from all the companies around the world, including all the investments that is across national borders. Indeed, many American companies have taken their merchandise, manufacturing and services to invest in other countries. However, this has produced a negative effect in the global economy. The American companies
Walters, D. (2011, July 25). The Advantages of Mobile Apps. Retrieved February 25, 2014, from http://blog.infomedia.com/business-strategies/the-advantages-of-mobile-apps/
Zeleny, M (ed.) 2000, The IEBM handbook of information technology in business, Thomson Learning, London.
People in the present society have turned from the use of the old means of communication to the more advanced and technological ways of communicating. Technology has made it easier for people to communicate in a faster, efficient, and cost saving means through the introduction of the communication channels. The world has turned out to be the centre for technology with different technologies emerging daily as the people continue to develop from time to time to cope with the growing technology. The benefits of adopting the communication technology are explained in this article which shows why people do not function without technology.
The Impact of ICT on Society I will talk about how ICT has effected people from all walks of life, how it has effected jobs and living conditions. = == == ==