Global Information System Strategy: Impact and Analysis

This report provides an in-depth analysis of the impact of technology on globalization and the world economy. It explores how advancements in technology, such as the Internet, microprocessors, and telecommunications, have facilitated the distribution of information and transformed markets and production processes. The report examines the historical context, highlighting the shift from traditional communication methods to instantaneous information transfer, and discusses the positive network effects and increased competition driven by globalization. It also reviews relevant literature and provides a comprehensive understanding of the subject, including key concepts like the globalization of products and markets and the role of telecommunications in expanding business opportunities. The conclusion emphasizes how technology has enabled the global diffusion of knowledge and innovation, contributing to the globalization of the world economy. References to relevant literature support the analysis.