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Causes of Globalization 3.0 by Mind Map: Causes of Globalization 3.0
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Causes of Globalization 3.0

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Offshoring

Offshoring simply means having the outsourced business functions done in another country.

Other times, the reasons for offshoring are strategic -- to enter new markets, to tap talent currently unavailable domestically or to overcome regulations that prevent specific activities domestically

Informing

Informing gave us the ablility to search anything and everything on the world wide web.

Google is one very popular form.

Outsourcing

The highering of jobs out of the country leaves lesser or no jobs to people in the US.

Making the US in more of a hurt when they have to pay to have things brought in from other countries.

Which then the US goes into more dept and the whole country goes into a recession which it then could turn into a depression.

End of the Cold War

The Fall of the Berlin Wall occured November 9, 1989 and ended the Cold War and led to the flattening of the world.

This allowed people to learn, adopt common standards for the economy, and open their economies to businesses they couldn't before.

Uploading

refer to the sending of data from a local system to a remote system such as a server or another client with the intent that the remote system should store a copy of the data being transferred, or the initiation of such a process.

The words first came into popular usage among computer users with the increased popularity of blogs and buliten board system

Global Supply Chains

Suppply Chain is about the way stores sell and ship goods in a specific and organized manner.

Once a product is taken off the shelf and scanned that same instant an electrical signal sends out to the distributer to send another of the exact same product.

"The Steriods"

Wireless devices in the world today have become increasing more efficient and accesisble to almost everyone.

Wireless devices like cellphones and laptops and others are now more used than ever which is causing or help causing the wold to becomes by intergrating everyone all over the world into a conversation by just the click of a button or just the tap of a key.

Insourcing

Insourcing fits into globalization because it's outsourcing from the opposite perspective

A company will hire experts to train people in a certain department to do more tasks.

Workflow Software

The ability for machines to taslk to other machines with no humans involed.

The flattening world allowed for people to be able to communicate from differnet parts of the world through techology advancements.

Internet

The emergence of the Internet as a tool of low-cost global connectivity and the World Wide Web was a seemingly virtual realm where individuals could post their digital content for everyone else to access.

his sudden revolution in connectivity constituted a majror flattening force.