1. Globalization: Geo-economic Change
Prior to the 20th century, information could only be transported through physical methods, libraries and archives being simple examples. ... This form of business infrastructure is relatively new and therefore makes it difficult to compare the methods by which the economy was once structured to that of our current global economy. ... Incomparable to past production methods, these new TNCs are no longer restricted to previous limitations of time and space. ... Another aspect that has emerged as a major component of business and has a profound effect on the way in which a business is manag...
- Word Count: 1722
- Approx Pages: 7
- Grade Level: Undergraduate