Question No. 1 Answer:
In his work Thomas Friedman makes the point that the Internet has flattened the world and made a domain in which there is a more level playing field as far as access to information. This entrance to information has prompted an expansion in advancement, as knowledge can be shared in a split second crosswise over time zones and cultures. It has likewise made extreme competition, as the velocity of business is becoming speedier and quicker constantly. As he would see it, this flattening is a result of a merging of personal computer with fiber-optic smaller scale link with the ascent of work process software. He termed this period as Globalization 3.0, separating this period from the past Globalization 1.0 and the Globalization …show more content…
As indicated by Friedman, they are known as the ten flatteners. These flatteners give the feeling that the world is shrinking as countries and companies tries to be more focused so as to stay ahead on the worldwide business sector. Globalization has made a level playing field for each organization where they are given equivalent chances to succeed. Each nation has something to pick up from it financially. For instance, first world countries like the US exploit the modest work compel that is offered by countries like China and India (Jullens, 2013). In the interim, consequently, these countries benefitted through different remote speculations. Friedman's ten strengths in flattening the world are seen by numerous specialists as a situation that is conceivable to happen. Globalization has, to be sure, permitted numerous countries, companies and people to receive an alternate point of view in transit they are taking care of organizations. As physical hindrances are separated, companies are allowed to hunt down ability and resources globally easily. This wonder has, essentially, given an enormous measure of point of interest to underdeveloped nations particularly Asian countries, for example, China, India and Vietnam. The monetary development for these countries have stay at around 6 to 9 percent yearly following the time when the 90s (Ramona, 2008). With such advancement, it has offered a large number of chances for these countries to advance locally. Notwithstanding, one needs to tolerate at the top of the priority list that Friedman's ten strengths are not 100 percent great. Mostly, he has constructed his perspectives in light of the impact of globalization on the monetary area. A nation's headway is likewise subject to its political and social elements too. Consequently, the purported situations that are introduced in Friedman's discoveries whereby Asian countries, for example, the
In his work Thomas Friedman makes the point that the Internet has flattened the world and made a domain in which there is a more level playing field as far as access to information. This entrance to information has prompted an expansion in advancement, as knowledge can be shared in a split second crosswise over time zones and cultures. It has likewise made extreme competition, as the velocity of business is becoming speedier and quicker constantly. As he would see it, this flattening is a result of a merging of personal computer with fiber-optic smaller scale link with the ascent of work process software. He termed this period as Globalization 3.0, separating this period from the past Globalization 1.0 and the Globalization …show more content…
As indicated by Friedman, they are known as the ten flatteners. These flatteners give the feeling that the world is shrinking as countries and companies tries to be more focused so as to stay ahead on the worldwide business sector. Globalization has made a level playing field for each organization where they are given equivalent chances to succeed. Each nation has something to pick up from it financially. For instance, first world countries like the US exploit the modest work compel that is offered by countries like China and India (Jullens, 2013). In the interim, consequently, these countries benefitted through different remote speculations. Friedman's ten strengths in flattening the world are seen by numerous specialists as a situation that is conceivable to happen. Globalization has, to be sure, permitted numerous countries, companies and people to receive an alternate point of view in transit they are taking care of organizations. As physical hindrances are separated, companies are allowed to hunt down ability and resources globally easily. This wonder has, essentially, given an enormous measure of point of interest to underdeveloped nations particularly Asian countries, for example, China, India and Vietnam. The monetary development for these countries have stay at around 6 to 9 percent yearly following the time when the 90s (Ramona, 2008). With such advancement, it has offered a large number of chances for these countries to advance locally. Notwithstanding, one needs to tolerate at the top of the priority list that Friedman's ten strengths are not 100 percent great. Mostly, he has constructed his perspectives in light of the impact of globalization on the monetary area. A nation's headway is likewise subject to its political and social elements too. Consequently, the purported situations that are introduced in Friedman's discoveries whereby Asian countries, for example, the