Globalization in Business

In: Business and Management

Submitted By stevengalvan78
Words 474
Pages 2
Globalization in Business: And the effect it is having

Steven Galvan

IT/205

Chester Grice

April 14, 2013

In the business world today, the way in which we conduct business continues to evolve

everyday with the continued development of the internet and our ability to keep track of data,

which impacts the business as a whole. It is believed that the use and development of

information systems in business made globalization possible. (Matthew Read, 2010) The use of

information systems has changed the mindset of all that look to run a successful business. The

use of tools such as the internet, smart phones, tablets, and laptops has taken the business world

by storm, as they have made the day to day operations of a business possible from anywhere.

This fact alone has allowed smaller businesses to reach out to a broader customer base, allowing

smaller businesses to be more competitive. Smaller businesses have also been able to supplement

their earning potential with the addition of online business, leading me to believe that smaller

businesses will be able to keep their doors open a little easier. Another area that has improved in

the business sector is the rate at which transactions and communication can be processed. For

instance the development of email has greatly improved the way in which things get

communicated in the business world. In the past you might have been left to leave a voicemail or

send a fax to relay a message if you were unable to reach a certain contact concerning, a business

matter. Things have drastically changed with our ability to receive emails from anywhere, due to

the development of smart phones. These in my opinion are important details concerning the

globalization of business due to information systems, but I personally…...

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