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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Not being involved with any outsourcing business‚ I experience the flatness of the world through online communities‚ media streaming‚ file and information sharing‚ e-mails and chatting‚ etc. Through social networking websites like Friendster‚ I can stay in touch with my distant friends and relatives. Instead of going to a mall‚ I can actually stay at home and shop online from anywhere around the world. And as a student who is usually bombarded with a lot of research work‚ I rely on search engines
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of Video “The World is Flat” Key issues or Problems in the video: The title "The World is Flat" was taken from a statement by Nandan Nilekani‚ the former Infosys (an Indian IT company) CEO. It seems like if hadn’t met Nandan then he wouldn’t have even written this book. He talks about Americans and the developing world but says almost nothing about Africa‚ Europe & Australia. The World is flat applies better to people with similar kind of economic conditions. In developing world‚ a big portion
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January 30‚ 2008 THE WORLD IS FLAT The world we live in today is going through enormous changes in economics‚ technology‚ culture‚ politics‚ etc. The effects of the changes are not so clear‚ since it is hard to predict how each sector would affect the other and how society will be affected. However‚ analyzing past and present occurrences provides some information for experts to interpret society’s reaction in the future to different transformations. Globalization can be seen as a process in which
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evaluate the ‘World is Flat’ thesis put forward by Thomas Friedman. Thomas Friedman in his recent book ‘The world is flat’ discusses a short history of globalisation in the twenty-first century. His discovering journey took him around the world to investigate the new concept in transnational business. He views himself as Columbus-like‚ but in a new modern word‚ in which he is searching for the sources of today’s wealth. Only to come to a rhetorical conclusion that the world is “flat” not round!
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The World Is Flat: A Brief History of the Twenty-First Century is an international bestselling book by Thomas Friedman that analyzes globalization‚ primarily in the early 21st century. The title is a metaphor for viewing the world as a level playing field in terms of commerce‚ where all competitors have an equal opportunity. As the first edition cover illustration indicates‚ the title also alludes to the perceptual shift required for countries‚ companies and individuals to remain competitive in a
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CHAPTER 3 INTERNATIONAL CONVERGENCE OF FINANCIAL REPORTING Answers to Questions 1. The ultimate goal of both harmonization and convergence is to achieve international comparability in financial reporting‚ and both are processes that take place over time. However‚ while harmonization refers to the reduction of alternative accounting practices in different countries‚ convergence refers to the process of developing a set of high quality financial reporting standards for use internationally (the process
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Thomas Friedman’s idea that the world is flattening is based on recent observations that the global economic “playing field” is becoming increasingly easier to enter and to compete in. Friedman notes ten events that have played a significant role in this phenomenon. Friedman noted some very interesting events that helped lead to the flattening of the world‚ such as outsourcing‚ offshoring‚ supply chaining and “insourcing”. The two events of Friedman’s ten that I found to be most interesting
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Changes In The World is Flat by Thomas Friedman‚ Friedman insinuates that politics‚ globalization‚ and technology are rapidly changing the world. Friedman warns the public that America is not ready for these changes and should try to embrace them. I thoroughly enjoyed Friedman’s references to the advancements in technology. It opened my eyes and made me realize how far our civilization has truly come in such a short time period. Friedman believes that the dot-com boom played a crucial role in
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In chapter 5 in "The World is Flat" Friedman discusses America and Free Trade. Friedman lays out the basic arguments for and against free trade. Friedman first introduces this topic by stating that it is an issue "that needs sorting out immediately‚" followed by his personal experience of a problem with this issue while filming the Discovery Times documentary in Bangalore. The self-identified "free-trader" mentions David Ricardo’s theory of comparative advantage as the theoretical underpinning
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