Globalization 3.0 causes

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Globalization 3.0 causes by Mind Map: Globalization 3.0 causes

1. End of Cold War

1.1. Fall of Berlin Wall 7/9/89

1.2. Opened economies

1.3. Allowed spread of Democracy/Capitalism

2. Informing

2.1. give information/make people aware of something

2.2. search engines allow people to look up any information they want to know

2.2.1. Google

2.2.2. Yahoo

2.2.3. Bing

2.2.4. MSN

2.3. Takes away privacy

2.3.1. People can look up your address and information

3. Steroids

3.1. Things that boost the other flattners

3.1.1. Cell phones

3.1.1.1. Allow people to send pictures from anywhere to anywhere

3.1.1.2. Let people micro-blog

3.1.1.2.1. Twitter

3.1.1.3. Allow people to communicate from anywhere.

3.1.2. Laptops

3.1.2.1. Allow you to access the internet wherever there is internet (Wifi)

3.1.2.2. Allows you to use things such as Skype and Facebook

4. Outsourcing

4.1. A business can send what it needs done to another business, which can get things done faster and cheaper.

4.2. Both creates and gets rid of jobs

4.2.1. ex. When Madison outsources its busing, the (then) current drivers lost their jobs, but other people in Madison were given the new busing jobs.

4.3. Makes a better use of resources

4.4. commonly use for technology related tasks

5. Offshoring

5.1. having outsourced business done in another country (ex. India or China)

5.2. Flattens the world because things are sent overseas and then sent back again.

5.3. allow businesses to enter new markets

5.4. Reasons

5.4.1. Less restrictions on labor

5.4.2. lower/no minimum wage

5.4.3. larger labor force

6. The Internet

6.1. Connects people in ways they could not before

6.2. enables other flattners

6.3. Allows people to connect, talk, and share ideas, pictures, ect. in real time.

7. Workflow Software

7.1. allows computers to work together

7.2. makes the flow of work faster and less complicated

8. Uploading

8.1. Allows people to share anything with anyone.

8.2. Gives people the ability to share their opinions with many people.

8.3. Allows people to wire money and pay bills from their home.

9. Suppy Chaining

9.1. a system of organizations, people, activities, resources, and technology that are involved in moving a product from one place to another

9.2. The way stores sell goods in an organized manner.

9.2.1. Walmart

9.2.2. Lowes costs and allows more choices

10. Insourcing

10.1. companies train employees already in a company to do different tasks

10.1.1. ex. UPS