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1. #Examples of cost drivers in globalization manual#
2. #Examples of cost drivers in globalization software#

The researchers have analyzed that though the technology has globalized the business but economically well developed countries have been more benefited. The innovation in host country is often undertaken by MNC based in one country and due to the technological advancement MNC(s) have expanded to other countries by some kinds of FDI also facilitating the movement of research and development. Markets have become global at a rapid pace, as indicated by several kinds of trade extended to foreign countries. Multinational Corporations (MNC) can be seen as a central actor in globalization. The technological advancement has helped a lot in creation and growth of global market.

#Examples of cost drivers in globalization software#

Technology has enabled the software experts to work collaboratively over the network with companies from around the world. Technology has helped us in overcoming the major hurdles of globalization and international trade such as trade barrier, lack of common ethical standard, transportation cost and delay in information exchange, thereby changing the market place. Globalization has lead to new markets and information technology is one of the technologies fostered to the new market in this increasing competitive world.

#Examples of cost drivers in globalization manual#

This paper attempts to show how Technology revolution is sweeping the globe and the transition from manual to electronic delivery of services both in public and private sector leads to advancement of business community throughout the world. It has globalized the world, which drive all the countries to more ethical standards. Technology has revolutionized the global economy and has become critical competitive strategy.

Technology is the vital force in the modern form of business globalization.