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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

End of the Cold War

Opened up new economies that were not available before.

Steroids

Wireless devices that lets us communicate over the world and is flattening it.

Supply Chaining

supply chain is a network of retailers, distributors, transporters, storage facilities, and suppliers that participate in the production, delivery, and sale of a product to the consumer.

The internet

a global system of interconnected computer networks that use the standard Internet Protocol Suite(TCP/IP) to serve billions of users worldwide.

Workflow Software

The ability to communicate with people all over the world.

Uploading

Allows us to share information over the internet

Outsourcing

Outsourcing is sending american jobs overseas for cheaper labor.

Insourcing

The business practice of using current personel or resources for new tasks and projects.

In-Forming

informing is basically the information withheld by a search engine.

Offshoring

Sending whole companies overseas.