what was the role of technology to make world global
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Technology has revolutionized the global economy and has become critical competitive strategy. ... Technology has enabled the software experts to work collaboratively over the network with companies from around the world. The technological advancement has helped a lot in creation and growth of global market
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Answer:
Technology has advanced as a result of administrative, commercial, and societal causes.
Explanation:
The role of technology to make world global:
The market has changed as a result of technology's assistance in removing key obstacles to globalization and international trade, such as trade barriers, a lack of ethical standards, high transportation costs, and delays in information sharing. The driving element behind current commercial globalization is technology. The global economy has undergone a revolution, and technology is now a crucial component of competitive strategy.
- Globalization has raised ethical standards across the board for all nations. This essay aims to demonstrate how the technological revolution is reshaping the world and how moving from manual to electronic service delivery in both the public and commercial sectors has advanced the global business community.
- Information technology is one of the technologies that has helped to promote the new market in this increasingly competitive world as a result of globalization.
- The market has changed as a result of technology's assistance in removing key obstacles to globalization and international trade, such as trade barriers, a lack of ethical standards, high transportation costs, and delays in information sharing. Software specialists can now collaborate with businesses from around the world over a network thanks to technology.
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