Would you believe me if I told you the world was becoming flat? Well, it is, just not necessarily in the literal sense that you may be assuming. The recent advances in technology and communications have led to the rapid spread of globalization. This new level of connectivity is serving as the equalizer between “industrial and emerging market countries.” To put it bluntly, the gap between what we once thought were more highly developed nations and those less efficient, is shrinking at an incredible rate. To determine what this means and what effects it will have on managers of corporate America we must take a more in depth look.
What is making the world flat? Globalization is the prime catalyst for continuing the flat world process. However, it can be narrowed down more directly to telecommunications and outsourcing. It was not until recently when countries such as India and China have risen as international economic powers. They have realized that the free market......
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Approximate Word Count: 1627
Approximate Pages: 7 (260 words per double-spaced page) |