

InterviewSolution
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Role of IT in Globalisation |
Answer» Technology has played one of the most important roles in globalisation. The IT sector has made the exchange of data easier and safer. Because of technology many things have been made possible like bar codes that have helped in the flow of product information. Technology has introduced many jobs too. Payments have been simlified. Now a person can use his card to pay in a foreign country easily rather than getting confused about the foreign currency. It has helped in making many global platforms for sharing information, facts, figures, solutions. It has brought the biggest market at the fingerprints of buyers and has removed the need of human interaction for shopping. Technology has helped to advance medical science too. Also now a patient's test reports and doctor recommendations can be stored in a hub so that they can be used for past references. One of the most important thing is that it has hepled to provide international viewers and customers. Also it has made spreading commercials easier. Technology is the vital force in the modern form of business globalization. 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. Telecommunications greatly increased people's ability to access information and economic potential. These developments have facilitated efficiency gains in all sectors of the economy. I hope this answer you understand. If you want any explanation please ask again. |
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