Impact of technological environment on international business

                                                                                                                                  

MBA

Business Environment

ASSIGNMENT

 

Course Code: MMPC-003

Assignment Code: MMPC-003/TMA/JULY/2022 

Coverage : All Blocks

6. Write notes on the following: 

b) Impact of technological environment on international business.

Technology has been a driving force behind globalization, and its impact on international business cannot be overstated. The technological environment has facilitated communication, transportation, and information sharing, making it easier for businesses to operate in multiple countries. In this article, we will discuss the impact of the technological environment on international business. 

Communication Advancements in communication technology have made it easier for businesses to communicate with partners, suppliers, and customers in different countries. Video conferencing, instant messaging, and email have made communication faster and more efficient, allowing businesses to collaborate across borders seamlessly. In addition, social media has created new channels for businesses to engage with customers and market their products and services.

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