Globalization
Refers to the integration and connection of goods, services, and culture among the nations of the world.
network society
The __________ means we are all connected on a global scale.
Globalization 1.0 (1492-1800)Globalization 2.0 (1800-2000)Globalization 3.0 (current period 2000-??)
three eras of globalization
- The ability to locate expertise and labor around the world.- The ability to operate 24 hours a day - offices in different time zones- Larger market for their products.
Advantages of global firms:
• Language, customs, and preferences. • Legal restrictions.• International shipping procedures • Labor laws and regulations.• Infrastructure differences
Challenges of Global Firms:
digital divide
The separation between those who have access to the internet and those who do not.
1. economic divide 2. usability divide3. empowerment divide
3 stages of digital divide:
economic divide
Some people can not afford to have a computer and Internet access.
Usability Divide
Technology is complicated for some people.
Empowerment Divide
Very few users truly understand the power that digital technologies can give them.