Technolological- of, or relationg to technologyGlobalization-growth to a global or worldwide scale
Therefore, technological globalization is the growth of the world through technology.
Three of the major drivers of globalization include the market driver. Two other main drivers of globalization are the cost driver and the technological driver.
Globalization is a metaphor for making the world smaller. Intellectual and technological bridges span every corner of Earth, with interconnected economies, potential for rapid adaptation, and increased awareness of events occurring in other parts of the world.
Globalization of production and markets would have been possible without these technological changes. However, it would have been such a daunting task as technologies have simplified most things.
Globalization has positive aspects such as increased trade, cultural exchange, and technological advancements. These benefits can lead to economic growth, job creation, and access to new markets for countries and industries. However, globalization can also create challenges such as income inequality and cultural homogenization. Different countries and industries may experience varying impacts of globalization depending on their level of development and ability to adapt to global trends.
Five major kinds of drivers, all based on change, are leading international firms to the globalization of their operations: (1) political, (2) technological, (3) market, (4) cost, and (5) competitive.
interconnected
Three of the major drivers of globalization include the market driver. Two other main drivers of globalization are the cost driver and the technological driver.
technological constraints of mechanization
Depending on the category of globalization, yes and no. For the economic definition of globalization, yes it is based on trade. However, for the historical context of globalization, it is based on culture.
No Answer.........
The Contemporary age refers to the period of history starting in the late 20th century up to the present day. It is characterized by rapid technological advancements, globalization, and significant social and political change.
Being attuned to market trends, the Management, Systems, Strategy Department places the emphasis on understanding the phenomenon of globalization, taking account of technological and organizational changes, the integration of new managerial practices, and application of the new strategic order
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By technological environment , we mean where cluster of IT,software/hardware companies is there,suggesting an environment of technological fervor,showing latest technological upgradation and its applications in practical field.
Globalization is a metaphor for making the world smaller. Intellectual and technological bridges span every corner of Earth, with interconnected economies, potential for rapid adaptation, and increased awareness of events occurring in other parts of the world.
Globalization has brought both opportunities and challenges to Kenya. On one hand, it has opened up new markets for Kenyan goods and services, leading to increased trade and investment. However, it has also exposed the country to economic fluctuations and competition, impacting local industries and employment. Additionally, globalization has influenced cultural exchange and technological advancements in Kenya.
Globalization of production and markets would have been possible without these technological changes. However, it would have been such a daunting task as technologies have simplified most things.