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Technolological- of, or relationg to technologyGlobalization-growth to a global or worldwide scale


Therefore, technological globalization is the growth of the world through technology.

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What are the three major drivers of globalization?

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.


What is the main idea behind globalization?

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.


Would the globalisation of production and markets have been possible without these technological changes?

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.


What are the positive aspects of globalization and how do they impact different countries and industries?

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.


What are the five major kinds of drivers that are leading international firms to the globalization of there operations?

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.

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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.


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Definition of technological environment?

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What is the main idea behind globalization?

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.


How has globalization affected Kenya?

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.


Would the globalisation of production and markets have been possible without these technological changes?

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.