Please enable JavaScript.

Coggle requires JavaScript to display documents.

THE INFORMATION SOCIETY, THE KNOWLEDGE SOCIETY AND THE KNOWLEDGE ECONOMY -…

- - - - All this allows us to say that, indeed, ICTs have modified the relations between economies, between workers and between companies.
- - - - Advantage:
        Increased competitiveness: International competition makes companies expand their productive capacity and acquire more information to achieve better levels of productivity and sales volumes
        Greater growth: By targeting and focusing on larger markets, it makes companies grow and increase their level of production, to meet the demand of those new markets. By entering more markets, its growth potential is greater.
        
        Disadvantages:
        It is not an easy process: It requires a lot of knowledge and information to properly focus on each market, which has very peculiar characteristics in the legal, cultural and consumer preferences.
        Differences of each country: Each country has a different economic, social and political situation, which can put the success of the company at risk.
        Globalization refers to the processes through which a company makes its product or service known to the rest of the world.
      - The globalization of the economy is a complex phenomenon, which directly affects all economic and social agents:
        
        Companies are subjected to tougher competition, and induced to adopt forms of internationalization of their structures.
        
        Governments experience external restrictions on their economic policies, with loss of control of many of their macroeconomic variables.
        
        Populations, as members of the labor market, suffer the ups and downs derived from decisions about the capacity and location of companies; and as members of the consumer market they benefit from a greater supply of goods and services, of better quality and lower price ... and if they are not part of that market they are conclusively marginalized.
        
        There are many factors that in our time have strengthened the trend towards globalization of the economy.
        These include:
        • The economic advantage of the dispersion of operations due to the differences in the cost structures of the various countries.
        • The search for economies of scale and scope.
        • The appearance of new markets.
        • The privatization of public services.
        • The appearance of international clients who demand services of this scope.
        • Government measures that make investments attractive.
        • Technological and transport and communication developments that make production and dispersed management of activities possible.
        • Advantages in transport, customs, exchange rates.
- - - - Principles on which Excellence is based
        Total Quality is based on a series of principles that should govern the strategies and measures that are carried out:
        
        Commitment of senior management and leaders.
        
        Customer oriented.
        
        Results-oriented.
        
        Based on a process management
        
        Importance of the involvement of people to achieve the goals.
        
        Accurate learning, innovation and continuous improvement strategies.
        
        Requires the development of alliances.
        
        Committed to social responsibility.