This topic contains a solution. Click here to go to the answer

Author Question: List a few economic, cultural, and technological changes that take place due to globalization ... (Read 116 times)

EY67

  • Hero Member
  • *****
  • Posts: 531
List a few economic, cultural, and technological changes that take place due to globalization enabled by information technology.
 
  What will be an ideal response?

Question 2

Which of the following statements explain mass customization?
 
  A) Firms tailor their products and services to meet a customer's particular needs on a large scale.
  B) Firms immediately provide communication to and receive feedback from customers.
  C) Firms provide ways for clients to conduct business online without human assistance.
  D) Firms market their products and services over vast distances.
  E) Firms link Web sites to corporate databases to provide real-time access to personalized information.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shewald78

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

The effects of globalization can be seen in many ways, such as the greater international movement of commodities, money, information, and labor, as well as the development of technologies, standards, and processes to facilitate this movement. Specifically, a more global and competitive world spurs visible economic, cultural, and technological changes, including the following:
1. Economic Changes - Increases in international trade, in the development of global financial systems and currency, and in the outsourcing of labor.
2. Cultural Changes - Increases in the availability of multiculturalism through television and movies; the frequency of international travel, tourism, and immigration; the availability of ethnic foods and restaurants; and the frequency of worldwide fads and phenomena such as Facebook, Groupon, Twitter, and YouTube.
3. Technological Changes - The development of low-cost computing platforms and communication technologies; the availability of low-cost communication systems such as e-mail, Skype, and instant messaging; the ubiquitous nature of a low-cost global telecommunications infrastructure like the Internet; and the enforcement of global patent and copyright laws to spur further innovation.

Answer to Question 2

A




EY67

  • Member
  • Posts: 531
Reply 2 on: Jul 7, 2018
Wow, this really help


komodo7

  • Member
  • Posts: 322
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

For a complete list of videos, visit our video library