Impact on Hrm

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Effects of Technological Developments on Globalization Process: Technological developments are conceived as the main facilitator and driving force of most of the globalization processes. Before elaborating on the consequences of several technological developments, we must go through the definition of technology as a sociological term, so that we can further explore the social and political role of technology in the globalization process. Technology can be defined as the socialized knowledge of producing goods and services. We can describe the term technology with five important elements: production, knowledge, instruments, possession and change. Our definition of technology as a socialized knowledge can be better conceived with these elements. Now we shall briefly look through them: It has something to do with production (of goods and services). We need technology to produce something either goods (ex: clothes, television set, cars etc.) or service (ex: banking, security, teaching etc.) Technology improves our capacity to produce. Technology has something to do with knowledge. Technology is a result of intellectual activities.  Therefore technology is type of intellectual property. Today technology is developed through research and development institutions as integral parts of the universities.   Technology has something to do with instruments. The instruments are the extensions of the human body, whenever an instrument is used there is technology involved. The instruments indicate the usage of technology by human beings. Instruments are mostly physical such as computers, vacuum cleaners or pencils, but sometimes there are immaterial instruments too, such as databases or algorithms in computer programming.   Technology has something to do with possession. Those people who possess technology also control it. Controlling technology has usually something to do with economics and politics. Therefore we can speak of technologically rich and poor countries and the...
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