) in what are the advantages of using IT in
Globalisation ? plz somebody tell the answer
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IT(INFORMATION TECHNOLOGY)
Technology has enabled the software experts to work collaboratively over the network with companies from around the world. The technological advancements has helped a lot in creation and growth of global market. MNC(multinational corporations), can be seen as a central actor in globalization.
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- Globalization allows companies to find lower-cost ways to produce their products.
- It also increases global competition, which drives prices down and creates a larger variety of choices for consumers.
- Lowered costs help people in both developing and already-developed countries live better on less money
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