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Globalization 3.0 by Mind Map: Globalization 3.0
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Globalization 3.0

Insourcing

Insourcing is giving a job to someone in the same country, instead of sending it out to another counrty.

It is done pretty much because someone else could be doing a much better job than the person currently doing it.

Outsourcing

Outsourcing is where they send jobs to other countries for cheaper labor.

Different types of outsourcing are homesourcing, offshoring, insourcing, for Military, and with fast food chains.

Workflow Software

This allows computers to perform at it's best. It can be programed to process data entry in a way that it runs in the background, allowing you to focus on other tasks.

"Steroids"

"Steroids" are pretty much anything that can advance technology and make communication easier.

These help create bigger storage capacity, communication ability, and browsing on the web with your cell phone.

End of Cold War

The end of the cold war marked the time where people could communicate more, and it got rid of the problem of communism.

The tearing down of the Berlin Wall marked that end of the cold war.

Offshoring

Offshoring is where they send entire companies over seas for cheaper labor.

India plays a major role in offshoring these days, mainly in software work.

Supply Chains

Supply chaining is where companies try to communicate with eachother in order to do business across the country, or overseas.

Companies such as FedEx, and UPS are supply chains.

Informing

Search engines are contributing to globalization because it allows you to search for anything, and everything.

Google is a great example of the search engines. There are over one billion searches a day.

Uploading

Uploading allows anyone to put anything onto the Internet, or upload any information to it.

This could cause many problems like privacy threats, and some of the things uploaded may be downloaded illegally.

Internet

The internet is a way for people to communicate easier, and faster so that they won't have to travel in order to talk to them.

People have the ablilty to create their own websites, access anything, and communicate with anyone.