Answer:
During
the last few years Information Technology (IT) has played an important role in
globalisation.
Telecommunication facilities have helped the people to connect to
different corner of the world instantly. Internet has dramatically transformed
the way in which business is conducted now a day.
Except physical movement of products, every other transaction
is possible through internet. It has facilitated closer interaction between
different countries of the world.
Globalisation would take a long time to happen and would
not have been effective and profitable to the participating companies without
the expansion of IT. This is because a long time would be involved in sending
information about matters which require quick decision making and in many cases
the decisions would be taken too late to be really effective.
You need to login to perform this action.
You will be redirected in
3 sec
