Question

Cite an example wherein globalization and media created new opportunities and challenges? ​

Answer 1

Explanation:

Globalization has impacted the social and economic environment by enabling greater interaction between people and different countries regardless of geographic distance, all made possible by new technologies, such as means of transport to the internet, which has revolutionized the way in which communication is carried out and business are made.

Therefore, an example impacted by globalization are the global value chains, which are the stages of the organizational production processes distributed in different locations, such as cell phone companies that have assembly plants in China due to the advantages related to labor and raw materials more cockroaches.