Question

Analyse the case "Tiktoks and its globalization".

Answer 1

Tiktok & its Globalization
After the countries enter into trade with the idea of globalization, the technological developments have improved the ability of better connect, efficient exchange etc. The introduction of advanced technologies including smart phones have opened up the path of globalization well expanded. Many applications and software connect the people from different part of the world. Facebook, etc. have great effect on social and economical globalization between the countries. These all have social and economical benefits as the same as goods and services.
The trend of Tiktok app rose up all of a sudden. The acceptability, social interaction, user attraction features helped the app gaining quick publicity and large number of users. This work as the same how an international firm works. The global attention and the ability to connect people from different part of world, the high entertainment possibility for many of the users and cost free usage made huge impact on the globalization of the product. The scope of high returns from the virtual goods is forcing countries and companies to invest and supply commodities of these kinds into the global market. Like the international commodities, apps like Tiktok satisfy the taste of many people. The cheap, high utility product will always be chased by consumers. Online platform becoming stronger to take a share of the global trading is increasing. As we know, the social media platforms are high earning private companies. That is evidence which shows how strong are the virtual products in the international markets. The ability of apps like Tiktok have greater advantage in satisfying consumers differently, attitude of many people to enjoy the consumption of product and chances of high returns make the kind of virtual goods more important and demand attracted in the global market thus ensuring a globalization both in social and economic aspects.