Globalization and technology.docx - Globalization and...

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Globalization and technology (with emphasis on the effects of social media) Introduction Over the past few decades advancements in information technology have had a profound on the global landscape as well as on the progression of globalization. The argument is presented, that innovation in information technology has been a major driving force behind globalization and that information technology has now become a key component of a corporation’s global business strategy. Advances in technology are one of the main reasons that globalisation has escalated in the past decade. In information and communication technology, innovations have become smaller in size, more efficient and often more affordable. In transport technology, vehicles have tended to become larger and faster, as well as becoming more environmentally friendly and cheaper to run. Whether for personal use or for business, technology has made the world seem a smaller place and assisted in the rise of globalisation. In the past lectures we have defined what globalization is, its effects on society etc. The one topic I have yet to go over is how exactly globalization is able to have this much of an impact on the global landscape and the key catalyst for globalization is, information technology. The progression towards globalization has been around for centuries, but it really became noticeable in the early 1900’s with technological advances. The telegraph and telephone allowed people to communicate across borders in seconds when previously it would take weeks or months to relay messages. The invention of the airplane allowed for much quicker international travel, while
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  • Fall '18
  • Dr. Winnie W. Wairimu

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