Difference between revisions of "Globalization of companies"
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==Enablers:== | ==Enablers:== | ||
1. Growth of the companies <br> | 1. Growth of the companies <br> | ||
2. | 2. The rapid spread of information technology (IT) and the internet <br> | ||
3. Growth Saturation of local market <br> | 3. Growth Saturation of local market <br> | ||
| Line 21: | Line 21: | ||
==Timing:== | ==Timing:== | ||
British industrial revolution in the 19th century <br> | |||
World War II <br> | |||
==Web Resources:== | ==Web Resources:== | ||
[1] http://en.wikipedia.org/wiki/Globalization <br> | [1] http://en.wikipedia.org/wiki/Globalization <br> | ||
[2] http://news.bbc.co.uk/2/hi/in_depth/business/2007/globalisation/default.stm <br> | [2] http://news.bbc.co.uk/2/hi/in_depth/business/2007/globalisation/default.stm <br> | ||
Revision as of 13:29, 19 August 2010
Description:
In economic terms, globalisation refers to the growing economic integration of the world, as trade, investment and money increasingly cross international borders (which may or may not have political or cultural implications).
As more companies expand globally their consulting partners also expland their territories.
Enablers:
1. Growth of the companies
2. The rapid spread of information technology (IT) and the internet
3. Growth Saturation of local market
Inhibitors:
1. Political instability
2. Increase of natural disasters
3. Strong regulations
Paradigms:
Competition among consulting firms increase.
Experts:
Thomas L. Friedman http://www.thomaslfriedman.com/
Timing:
British industrial revolution in the 19th century
World War II
Web Resources:
[1] http://en.wikipedia.org/wiki/Globalization
[2] http://news.bbc.co.uk/2/hi/in_depth/business/2007/globalisation/default.stm