IT Tech Paper In the world today‚ business is on the rise internationally and technology is getting stronger and stronger every day. In the book The World is Flat: A Brief History of the Twenty-First Century‚ Thomas Friedman‚ who was a foreign affairs columnist for NY Times‚ tells of his journey to India and how while he was there he realized that globalization has changed economic concepts. Friedman analyzes globalization in the twenty-first century and how the world is now at a level playing
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its peak? Is the world flat or spiky? There are several very vocal proponents of an argument that the world has become flat in recent years. However‚ there are some writers have the opposite opinion. This paper introduces both sides of the debate and presents the arguments for and against the idea that the world has become flat in recent years. The term “globalization” today refers to the shift in the world economy. It is moving towards a more integrated and interdependent world economy (H.C.W‚
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„The Triple Convergence” I. Summary/Synopsis Thomas L.Friedman‚ The World is Flat: a brief history of the twenty-first century. Published by Farrar‚ Straus and Giroux‚ 2007. Friedman discusses the "triple convergence." The convergence of the ten flatteners had created a whole new platform. It is a global‚ Web-enabled platform for multiple forms of collaboration. This platform enables individuals‚ groups‚ companies‚ and universities anywhere in the world to collaborate - for the purposes of innovation
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The phrase: "the world is flat" can be interpreted in many ways. Basically what Friedman means by "flat" is "linked." The falling of trade and political barriers and technical advances have made it possible to do business‚ instantaneously with billions of other people around the world. It has allowed for parts of the world‚ which had previously been cut off‚ like China and India‚ to successfully compete in the world market. Thus‚ the playing field is being leveled‚ and no one nation has an advantage
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Thomas Friedman "The World is Flat" Study Guide and Note Sheet Chapter One: "While You Were Sleeping" How did Friedman accidentally discover that the world is "flat"? When he was in India doing an interview What are some anecdotes that illustrate Friedman’s initial discoveries of the flat world? The software that he was using to understand the world’s economics was being produced in India‚ China‚ and Japan‚ these “third world countries” that we look down upon
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1. “But Friedman’s image of a flat earth is profoundly misleading – a view of the world from a seat in business class. Flatness is another way of describing the transnational search by companies for cheap labor‚ an image that misses the pervasiveness of global inequality and the fact that much of the developing world remains mired in poverty and misery. It also misses the importance of the global geopolitical hierarchy‚ which guarantees the provision of stability‚ property rights‚ and other international
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assignment The World is Flat By: Thomas L. Friedman 1. What is it about the flat world that both excites Friedman and fills him with dread? Friedman gets excited because the flattening of the world means that we as people who inhabit Earth are collecting all of our knowledge and putting it together into this worldwide network. By doing this we would start to emerge ourselves in an era of prosperity‚ innovation‚ and collaboration‚ by company’s communities‚ and individuals. Friedman states that is
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Assignment 1: The World is Flat 3.0 (10 points) Listen to Tom Friedman’s MIT talk titled “The World is Flat 3.0” and answer the following questions. Your answers must be short‚ succinct‚ and structured‚ and not of the rambling type. The suggested total length of your answers is 1-2 pages. 1. According to Friedman‚ what are the differences between Globalization 1.0‚ 2.0‚ and 3.0? What was the key driver for each phase of globalization? (3 points) Globalization 1.0 was built around countries having
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What is globalization? Globalization is defined as the changes in the world; interchanging of resources‚ ideas‚ products‚ markets‚ cultural exchange‚ aspects of cultures‚ investments‚ and business competition. As the world is continuing to grow‚ it’s going to continue to improve its’ technology as everyone continue to interchange with each other. What is globalization 1.0‚ 2.0‚ and 3.0? Globalization 1.0 was established in 1492‚ when Christopher Columbus sailed across the Atlantic Ocean to discover
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ASSIGNMENT 2 Forces that flattened the world according to Thomas Friedman Supply chaining A supply chain is a system of organizations‚ people‚ technology‚ activities‚ information and resources involved in moving a product or service from supplier to customer. Supply chain activities transform natural resources‚ raw materials and components into a finished product that is delivered to the end customer. In sophisticated supply chain systems‚ used products may re-enter the supply chain at any
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