Changes in technology Essay

Technology enhances orbicularization. In past 2 decades, technology burst out standardised an explosion, definitely, the improvements of technology make our lives much more than convenience. And, the advanced technology in microprocessors, net income, and window pane enable the propagateing out of globalization. Hill, C., (2001) verbalise Globalization has two briny components the globalization of markets and the globalization of product. In different words, the ever-changing in technology would lead to an specify on globalization of markets and globalization of production.The wide use in microprocessors and telecommunications increasing the summation of information being transferred, but cut down its cost. This is very helpful in encounter markets. The opportunities for companies to expend assembly linees are raised, due to plummeting in global communication cost. Updated data mountain be collected, and monitoring overseas markets vogue would become easier. Moreove r, population of using meshing grows continuously since 1995 (Hill, C., 2001). This helps to create a global audience advertisings are not limit by geographic region anymore. Products brush aside sold at overseas, such as Hill, C. (2001) pointed out customer brush off demoralise Levis jeans in Paris McDonalds restaurant located in Tokyo. And, the cost of back breaker plummeted, due to the revolutionized in transportation business, also helpful for expansion of business. Manufacturers can transport products at a deject cost and in a shorter clip.As the trendy of globalization of production, cultivable activities spread out over the world, invention and widely use of microprocessors and Internet help supervisor to control the productive activities, and easier to communication to other in the process. The dispersal of production, for instance Hewlett-Packard obscure its operations activities to different places, but trim cost at the same time (Hill, C. 2001). As the decre asing cost in transportation, many businesses move their manufacturing plants to nations that provide cheaper birthday suit materials and nature resources, in order to change magnitude their production cost.Summering the above points, the three main changes in technology (microprocessors, Internet, and transportation) adopt a great supportive tothe globalization of markets and production. If the humiliate cost of communication does not exist, quite a little around the world would not have so many chances to connect with others and business would not be willing to localize money to widen their markets. If the world without Internet and the World Wide Web, deal susceptibility not able to get the about updated information, the production skills cannot be improved and productive activities cannot be shared.Without the convenience transportation system, customer and provider would not connect each(prenominal) other products cannot transfer to overseas market. Therefore, people would lose the opportunities to enjoy different products from each(prenominal) around the world. Finally, markets from different countries should not be merged together, and the production process should not spread out. Thats why the technology essential and enhance globalization.The above assignment is coming from the resources of Hill, C., Globalization, International Business, 2001, third ed, McGraw-Hill Higher Education, New York.