Technology in Global Market 

Our LOI 2 is Technology in Global Market. The related key concept is Function.

We analysed a few popular e-commerce sites to understand how they work to connect producers and consumers. 

We learned the vital role of technology in globalisation and its impact on economy as whole.

We also came to understand that there is a burden on retailers and small scale businesses who lack the technology to offer their products to wider consumers.

Some of the ways in which technology facilitates international marketing:

• Market Globalisation 

• E-commerce

• Telecommunication

• Transportation 

We discussed with our mentors and made charts to reflect these ideas, researched in the net and got ideas from our friends.