In: Operations Management
Discuss the reasons for globalization and for using global information systems, including e-business and Internet growth
Answer:-
Globalization in layman terms fundamentally refers to the growth that mankind has been over the years with respect to the technological, budgetary and other aspects. The internet usage has been on the rise since the previous decade and is ever increasing.
This has opened numerous opportunities for business ventures online called as e-businesses. This has made life much more easier.
Below are some of the reasons for globalization and for utilizing worldwide information system, including e-business and internet growth.
Enhances transport, quick growth in air travel, which allowed movement of resources all over the world.
Need of correspondence people of different countries led to evolution of worldwide information system.
Improved technology, which made easier to communicate and share information through internet.
Growth of worldwide companies over the world led the globalization.
Enhanced Smartphone technology, made people to involve more in e-business to purchase the items online.
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