Thomas Friedmans stages of globalisation

Question 1

what become more accessible and cheaper?

Answer 1

technology

Question 2

what did advancements in data make possible?

Answer 2

for information to travel around the world in seconds

Question 3

what is the main reason for the world “flattening” out?

Answer 3

technology

Question 4

what has technology made us?

Answer 4

global neighbours

Question 5

as a result of information systems, what can now be done?

Answer 5

intellectual work can now be directed, distributed, returned, and re-assembled in minutes

Question 6

as a result of business information systems, businesses now have the ability to:

Answer 6

-Locate expertise and labour around the world
-Operate 24 hours a day
-Access larger markets for their product

Question 7

what were some of the causes of globalisation (information systems)

Answer 7

-graphical user interface for the personal computer popularised in the late 1980s
-build-out of the internet infrastructure during the dot-com boom during the late-1990s
-introduction of software to automate and integrate business processes

Question 8

what is meant by ‘graphical user interface for the personal computer popularised in the late 1980s ‘?

Answer 8

computers were now made in a way so that anyone could use them

Question 9

what is meant by ‘build-out of the internet infrastructure during the dot-com boom during the late-1990s’?

Answer 9

telecommunications companies laid thousands of miles of fiber optic cables around the world- everyone was now connected

Question 10

what is meant by ‘introduction of software to automate and integrate business processes

Answer 10

(software that would ensure the websites and applications running on the internet would work well together e.g payment processing systems)