How have late 20ᵗʰ and 21ˢᵗ century communications technologies directly created global markets from products and services?
A)Created paperless communications
B)Created seamless and instantaneous communications
C)Decreased coordination for interfirm alliances
D)Increased worker productivity
E)Unflattened the world

Question

Quizplus · Accepted Answer

Late 20th and 21st-century communication technologies, such as the internet, mobile devices, and social media, have created seamless and instantaneous communications. This has allowed businesses to reach consumers anywhere in the world, creating global markets for their products and services. With the click of a button, businesses can now market and sell their products to customers on the other side of the world. These technologies have also enabled businesses to communicate with suppliers and partners globally, making it easier to coordinate and form interfirm alliances, and ultimately expand their reach and maximize profits.

How Have Late 20ᵗʰ and 21ˢᵗ Century Communications Technologies Directly