What Is Globalization?

 

Definitions of Globalization

"Globalization is the term used to describe the changes in societies and the world economy that result from dramatically increased international trade and cultural exchange. It describes the increase of trade and investing due to the falling of barriers and the interdependence of countries.

"In specifically economic contexts, the term refers almost exclusively to the effects of trade, particularly trade liberalization or "free trade" (however, see "meanings" below). More broadly, the term refers to the overall integration, and resulting increase in interdependence, among global actors (be they political, economic, or otherwise)."
-- definition from Wikipedia


"Operating around the world. Although many large companies have globalized for decades, the Web, more than any other phenomenon, has enabled the smallest company to have a global presence."
-- definition from PC Magazine

"Globalization is not just a phenomenon and not just a passing trend. It is the international system that replaced the Cold War system. Globalization is the integration of capital, technology, and information across national borders, in a way that is creating a single global market and, to some degree, a global village.

"You cannot understand the morning news or know where to invest your money or think about where the world is going unless you understand this new system, which is influencing the domestic policies and international relations of virtually every country in the world today. "
-- definition from Thomas L. Friedman, New York Times

 

 

Examples Of Information Technology Globalization

 

Corporate Views
Multinational (MNC) & Transnational (TNC)

Samsung's globalization

Microsoft's globalization

Dell's globalization

Lenovo

Foreign software development
ITWorld.com

Special report on IT globalization
ITWorld.com

Global IT ads

India

U.S. homework outsourced as "e-tutoring" grows

India slow to keep up with surge in job needs

The New Face of the Silicon Age

China

Verizon, partners to build US-China optical cable

Worldwide Technology

Worldwide Internet (from Wikipedia)

The $100 Laptop ( One Laptop per Child)

 



 

Americanization?

iPod factories in China