Globalization and Technology - 1448 Words

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, â€Å"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†¦show more content†¦This therefore allows transport costs to be reduced, thus reducing the costs of communication between buyers and sellers in different countries and increasing the level of international trade (James, 1999). However, storing f iles and important information on computers and online, does not always guarantee their safety since they can still be susceptible to hacks, therefore further investment in protection may be needed against these which can require more funding and time (Dubey, 2012). On the other hand, with technology improving, opening up different ways of communicating and the potential for more efficient, flexible and speedier systems of communication, future offices may lean towards being paperless and people-less but not enough for future offices to be fully paper-less or people-less. Despite telecommunication facilities existing, not everyone has access to them, such as certain European countries, the poor and those who cannot afford to participate in computer and communication revolutions who are not able to connect with others (Mohammadi, 1997). Communication through technology can also have a negative impact on business relationships. Internet technology such as Skype, a software that allows text, voice and video share with others, is free, however internet/wifi is still required for it to be used. Organisations often use Skype as a form of communication, for example, a businessShow MoreRelatedGlobalization and Technology2170 Words   |  9 PagesGLOBALIZATION AND TECHNOLOGY I think that if we want to talk about globalization first of all we must define what the globalization is. Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-beingRead MoreThe Impact Of Technology On Globalization932 Words   |  4 PagesOver the past centuries we have seen a substantial amount of technological progress. 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The industrial organization model will be discussed to determine steps needed to maximize the potential for increased earnings. Furthermore, McDonald s vision, mission, and stakeholder impacts will be presented which is essential. Globalization and Technology Change Impacting McDonald s McDonald’s was first established in 1940 by Dick and Mac McDonald in San Bernardino, California. Their headquarters is now located in Oak Brook, Illinois. Globalization and