Title: The Impact of the Internet on Globalization | Techwalla
Headings: The Impact of the Internet on Globalization
The Impact of the Internet on Globalization
The Internet and Globalization
Effects on Business
Effects on Mass Media
Negative Impact of the Internet

Content: There are both positive and negative impacts of the Internet and globalization. Advertisement
The Internet and Globalization
Without technology, globalization would probably not be a topic for discussion. In particular, communications technology, in which the Internet plays a major role, has revolutionized how people work, expanded the global knowledge base and provided a variety of ways of bringing people and cultures closer together. The Internet provides a platform where companies that are thousands of miles apart can communicate and share information. On a social and cultural level, the Internet provides access to the same music whether you are in Beijing, Boston or Beirut, and people can make new friends around the globe via social networking sites. Advertisement
Effects on Business
The Internet and globalization have radically changed the business world. It has enabled companies to improve their competitive edge and increased productivity, simply because of the speed of access to information, and of electronic transactions. It allows a company based in the United States to have a customer service call center in Bangalore, staffed by highly-trained staff but with lower wage costs. On the other hand, the growth in Internet use by businesses globally also opens up new job markets for U.S. IT professionals and engineers, whose expertise is sought outside the home market. Advertisement
Effects on Mass Media
The Internet has altered the structure of the mass media.