Question

identify the impact of digitalization on globalization with a company case study.

Answer 1

Ans: To justify the question we can take an example of a small traditional cloth manufacturing company XYZ. so when the company has stared it has a moto to cover the local demand for traditional cloth. As the company grows in the course of time, it started looking for outside business. so the outside business opens up the process and style of the manufacturer. Now looking at the demand for the product, it has decided to expand its business over the sea. So this is the beginning of globalization, which indicates the product of a local manufacturer is more appreciated globally. At the beginning of the 3rd generation of industrialization enforce the industry to incorporate computers and basics of the internet in their managing process. so this process enhances the process of internalization of computers and the database been transferred from paper mode to soft mode. In this process, the company tried to make more utilization of computers and the internet for its day to day practice. so it is a form of digitalization. all the required information about the company and its product been available on the company's website.so the initial log process to get connected with an international buyer the company need to do lots of hard tasks but after digitalizing the company it took an hour or so to get the order and get the payment immediately. so it makes the process of communication or payment more feasible with a wide range of the display. by posting the new and different verity of texture color of the print of the cloth can be done with a click and that is more lucrative than the catalog.

SO digitalization makes this process of business world wide just simple as it can be. we can present digitalization as an essential internal part of globalization to make the business more prominant and profitable.