The Effects of Globalization on International Communication in the World Business (2024)

See all articles by Aldilla Ranita Purba

Aldilla Ranita Purba

affiliation not provided to SSRN

Abstract

Globalization makes international communication and business management easier and efficient for the world trade. we can expand business relations to all corners of the world. Globalization connects businesses and customers across the world. Companies open satellite offices to decrease production costs, forge relationships in new territories and access new consumer markets. The importance of communication in globalization is paramount because individuals from different countries, ethnicities, languages, cultural attitudes and other variations must understand one another and express themselves to another effectively in order to work together.The ability to communicate with people both inside and outside your organisation is a key characteristic of successful business builders in the world trade. Connecting with people on the other side of the world is now much easier than it was a few years ago. Satellites, fiber-optic cables and the internet make it effortless to share information with those in different time zones and locations. Global communication is directly affected by the process of globalization, and helps to increase business opportunities. Although globalization has many benefits for international communication and world trade. Globalization also have its side effects. These include some factors which are jobs insecurity, fluctuation in prices, fluctuation in currency, capital flows and so on.

Purba, Aldilla Ranita, The Effects of Globalization on International Communication in the World Business (November 8, 2021). Available at SSRN: https://ssrn.com/abstract=3962731 or http://dx.doi.org/10.2139/ssrn.3962731