Please enable JavaScript.
Coggle requires JavaScript to display documents.
Technology advancements - Coggle Diagram
Technology advancements
Artificial Intelligence
Being used by businesses to automate tasks including trade communications
AI powered chatbots to communicate with their customers in different countries
Always online and different languages so allows businesses to expand to new markets
Creating targeted marketing campaigns
Internet Development
Has allowed for businesses to connect with thier counterparts in different parts of the world
Broadens the market
Allows for e-commerce
New customers all over the world.
Global Audience
Internet
Marketing and Branding
Social Media
Foreign markets
Cloud Based Communication Tools
Email and Instant Messaging
Exchange information and documents
Leads to increased collaboration and efficiency
G-Suite
Email
Saves Time and Money in Communication
Expands the pool of potential employees that businesses can hire from
Video Conferencing
Easier connections with international partners
More collaboration and communication between businesses located across the world
Meetings and Conferences can be held via video conferencing
Allows TNCs to connect across timezones
Can reorganise production across national borders without incurring cost of travel
Easier to provide training and support to international employees
Increases dynamic capabilities