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Question
Examine the role of Information Technology in stimulating the process of globalization.
Solution
- Technology has been changing rapidly.
- Telecommunication facilities (telegraph, telephone including mobile phones, fax) are used to contact and access information
- Helps to communicate from remote areas.
- Development of satellite communication devices.
- Computers have now entered almost every field of activity.
- One can obtain and share information through internet.
- Electronic mail (e-mail) and talk (voice-mail) across the world at negligible costs
- Has played a major role in spreading out production of services across countries
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