The advances in technology have made organizations work in a different manner than they had in the past. Technology has become an important tool for organizations to advance, to innovate, and most important to make a profit. New technological advancements have made it easier for the world to be more connected than ever before. As a result, individuals and organizations have access to investigate on topics that were never seen as important in the past. One must have in mind that not all technological advancements have been beneficial for all organizations. There have been organizations that have been harmed due to the new era that has transformed the world.
Question No. 1
The digital era has changed the way organizations are doing …show more content…
For instance, Facebook, Instagram, and twitter are several social media websites where business can take advantage of free advertising. Organizations are not the only ones who are taking advantage of this new wave, but individuals are using it to show their talents, skills, and such.
Trends are an enormous part of society and most important a part of organizations which helps them stay competitive by strategizing accordingly to what’s happening around the world. The article Navigating the next wave of globalization discusses the three major trends which are; the emergence of another billion, the connection between business and social impact, and the existence of a city planet. (pg. 13-15)
For example, extremely poverty has been in a decline. The article Another Billion states that, “Perhaps the most surprising story has been the steadily of growing wealth of huge numbers of previously very low-income consumers in Asia, Latin America, and Africa.” With this in mind, organizations will need to learn the needs of these new consumers in order to sell the right products and …show more content…
Several global threats that the international community is facing are; cyber-attacks, terrorist attacks, and weapons of mass destruction. Over the last several years cyber-attacks have increased by terrorist organizations. They are using any tools to collect any information possible to attack their target. Terrorist attacks are another big problem that the United States is facing and will probably keep on facing due to the influential power that the country has. Weapons of mass destruction are part of the big bubble of global threats that the world is facing. For example, country’s like North Korea will always face a treat to national security. According to an article from BBC, “North Korea’s nuclear programme remains a source of deep concern for the international community.”