Question

Digital compression technology made it possible for MTV to program across a global network. What other technologi- cal innovations have helped companies to think globally and act locally?

Answer 1

Answer and explanation:

Factors such as technological innovation and Internet's growing position, has changed the way businesses are run worldwide. Internet retailing is an example of technological innovation that has helped businesses think globally. With companies like Amazon and Alibaba, this has created an evolutionary change in the retail concept.