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Globalization by Mind Map: Globalization
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Globalization

End of the Cold War

Fall of the Berlin Wall opened a way for people to share their knowledge, The world became more flat becaues of free market capitalism.

Internet

A system for creating, organizing, and linking documents so they can easily be browsed over the internet.

Work Flow Software

Software that connects people around the world working on the same projects and topics.

Uploading

Allows people to upload information and pictures onto the internet from their home computers.

Outsourcing

When companies take their work outside of the U.S. for cheaper labor.

Offshoring

Similar to outsourcing, offshoring takes the whole company office itself and moves it overseas.

Supply Chaining

Companies combine with each other to do the same job, like UPS and Walmart

Insourcing

Bringing products inside the US from overseas.

Informing

EX: Search engines, Google. Allows people to get information at their fingertips.

"Steroids"

Allows people to do things anywhere and everywhere with faster speed and total ease.