The Combined Effects of the Internet and Globalization

The advent of Internet has allowed companies to offer their goods and services throughout the world. Not only has the Internet opened up the floodgates of International marketing, it has also brought with it many other challenges such as cultural, political, and geo-economics challenges. In order to be successful in these global markets, companies must be very diligent in handling these challenges.

This is an area of technological advancement towards a globalized system. Communication plays a major role in our lives whether you in the city/rural areas/at sea/up in the air/in the jungle etc, it is very important to stay connect to each other and relay information. Gone were the days where information has to be written and delivered personally. Methods of communication has evolved into more sophisticated/advanced technologies [from telegraphic messages to cell phones and internet messaging]. This enhances the way we relay information to each other, faster and reliant. Easy access to knowledge and information around the world are made possible through information technology which is the internet. This enables businesses to maximized productivity, dealings and profits at a minimum cost. Also trading products and financial dealings around the world are more convenient for

One of the most important things that has come along with globalization is new technologies including television, radio, computer, and cellphones. Since the beginning, people that work in the field have been developing new ways to use these devices that would make human lives easier. In the essay written by Nicholas Carr, he explains his point on how those technologies can badly affect societies. He uses examples of people, including himself, that obtained different behaviors after they had started using different devices. All of the examples were about academic people that had been studying and making researches their whole lives but were affected by their constant use of the internet and now common behaviors like reading tons of books or different articles had actually become a struggle.

In a market with a vast amount of competitors offering similar products, it is vital that competitors stay at the front of the market. In order to do this, companies, such as Blue Nile, must increase globalization efforts. As the market shifts worldwide, so must companies. Blue Nile, for example, has recently seen success in the worldwide market, although international profits only make up 13% of revenue. Also, companies must offer reliable customer service, such as Blue Nile offers. Along with reliable customer service, online competitors must focus on reliable shipping, lowering costs when applicable. Finally, marketing efforts must be vamped to ramp up customer traffic and build larger customer bases.

Global logistics; that is where most large corporations and many upcoming ones are engaged in an effort to increase profits for their owners and shareholders by expanding the market. The problem here is that if you don’t get there first with the new idea you may face significant challenges in entering the marketplace. Many global market forces directly impact these brick and mortar establishments as well as service related industries. Technology is one such factor that has had a major impact on just about every industry. The internet has forever changed global commerce. Other global factors include terrorist attacks such as those that took place in Paris and Belgium in 2015. This impacted the travel plans of many travelers who decided to postpone or cancel their travel plans. Natural disasters like the 2010 earthquake in Haiti which brought even more hardship on al already impoverished nation. Commercial air travel had to be halted while the airports at Cap-Haitien and Port-au-Prince were being used by aid agencies to bring in much needed medical and humanitarian relief supplies. Epidemics like Ebola in 2015 in some African nations and more recently the Zika virus affecting some Caribbean countries have heavily impacted the likelihood of people wanting to travel to these locations. Political unrests equally can affect traveler’s decisions on whether they vacation or not. Nine PM to 5 Am curfews in beautiful tropical Caribbean islands like Trinidad in 2011 can be

The business world today is more global than ever before. Every business from manufacturing to fast-food and coffee has gone to a global format. The market place that businesses must compete for market share in is no longer just a domestic one, the competition they will face is in the foreign market as well as in the digital market place. With the new ever changing business world, the business plans that organizations utilize, must be updated and continuously improved to ensure the organization is changing with the demand of the market.

With the widening and deepening impact of transcontinental flows and patterns of social interaction, globalisation has allowed for intensified means of communication and connectedness around the world (Held and McGrew 2002). Robert McChesney and Arjun Appadurai propose valuable and different frameworks for the ways we can interpret the debates surrounding the emergence of globalisation. While McChesney introduces a political economy approach on the importance of neo-liberalism, Appadurai proposes a valuable critique on the distinctions between complex global cultural flows. Drawing on the work of Appadurai in particular, this essay will explore the relevance of numerous global media flows that can account for globalisation and the interregional interactions we are seeing today (Appadurai 2000). By constructing an argument based on Appadurai’s framework of ‘scapes’ and theories on tensions surrounding cultural homogenization, this essay will argue that globalisation of media is not adequately explained by theories of the economy and neo-liberalism alone. A much more refined analysis is required to evaluate the historical processes of structural and cultural change around the globe.

The world of today, goods and services are rarely produced and exported to a consumer from one location. Production involves a complex process where inputs and supporting activities are sourced globally for effective and efficient delivery, taking into consideration the cost of production and labor. These complex arrangements constitute what is known as global value chains (GVCs), and it describes the series of actions undertaken to deliver a product or service from an idea to start with into its final form as it cuts across geographic space and international boundaries.

As the world becomes more connected through the internet, many companies expand their businesses into foreign market space. According to Michalski (2015), the success of international expansion depends on the right market entry strategy, understanding of environmental factors, enterprise capacity, marketing activities (p. 111). In order to improve tis chance of success, a company should carefully examine various aspects of the business (i.e. performance, human resources, financial resources, production resources, and logistics resources), find ways to capitalize on its strengths, and remedy its weaknesses (Michalski, 2015, p.

Over the past centuries we have seen a substantial amount of technological progress. Technology has had a great impact on our economy and our standards of living and has shaped the modern world we live in today. This essay will discuss how technology has affected globalization, economic growth and the distribution of income and whether that effect was beneficial or detrimental.

As the world becomes more globalized and the internet continues to provide a forum for unscrupulous organizations and persons, Transnational Crime Organizations (TCOs) have evolved from the traditional local community thugs to more fluid, nebulas, and adaptive entities connected to other groups. Given their more nibble far reaching status and connections to other nefarious organizations, are TCOs a bigger threat to National Security than previously thought and should they receive a higher intelligence priority? Research indicates that TCOs are no longer tied to the traditional boundaries of local neighborhoods, allowing them to be far more reaching than ever before. The use of the internet brings with it anonymity, global reach, and instantaneous transactions making criminals a bigger threat to U.S. National Security that the previous decade. Likewise, TCOs have begun forming alliances with other TCOs as well as terrorist organizations making them a more daunting threat than previously believed. TCO’s ability to reach far beyond their borders, team with other criminal organizations, and associate with international terrorists compounds their reign of terror and makes them a much more formidable threat than previously assessed.

The brevity of technological changes in communications and product development have produced rapidly changing, turbulent, global markets. Turbulent global markets challenge organizations to maintain their competitive advantage and create value for the stakeholder. Relatively quick changes in consumer preferences and demands occur since global markets are easily accessed through the internet which provides customers with a plethora of product choices. Sophisticated buyers expect the best technology for the lowest price. Productive organizations recognize the need to adapt their structure, design, culture, and strategy to succeed and create value for stakeholders in an uncertain business environment. Organizations that do not achieve harmonization within their environment will eventually fail.

As trade increases hyper-competition grows forcing organizations to go global. By a company going global it requires them to rethink strategy and reform (Ananthram and Pearson, 2008). Global organizational structure is the way a company aims to merge local preferences with global strategy. The definition of global strategy is “strategic choices that have the characteristics of being globally uniform or integrated,” (Yip et al., 1997) such as standardization of products, uniform marketing, and competitive moves, but all globally (Townsend et al., 2004; Zou and Cavusgil, 2002; Bayraktar and Ndubisi, 2014). Global strategic strategy is a way to adjust to globalization. Globalization is “the economic and social process by which economies and communities grow inextricably interdependent “(Jhirad et al., 2009). The recent financial crisis (Das, 2010), large amount of poverty, and climate change are all problems that show how the world is globally connected because all countries impact each other (Jhirad et al., 2009).

• Strategic planners responsible for both domestic and international strategies must answer the same fundamental questions: what products and/or services does the firm intend to sell? Where and how will it make those products or deliver the services? Where and how will it sell them? Where and how will it acquire the necessary resources? How does it expect to outperform its competitors? Discuss Table 11.1 here. [pic]

Internet history, security and technology are one of our generation technological advancement that influences and moving the world more in to a globalized system. This is my own personal perspective that showed and clearly stated about the benefit of this development and what is the potential negative that influence the world.