Chapter 2 Converging Media Flashcards


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1

globalization definition

process whereby goods, information, people, money, communication, fashion (and other forms of culture) move cross national boundaries.

2

t/f Globalization accelerated trade in Europe in 1600

T

3

Who invented the World Wide Web

Tim Bernes Lee

4

outsourcing

process whereby intellectual work, intellectual capital can be delivered from anywhere i.e. disaggregated, delivered, distributed, produced, and put back together again.

Services abroad

5

Off-Shoring

Off-Shoring – production moved abroad to achieve efficiency and effectiveness.

Production abroad

6

Homesourcing-

another form of outsourcing where customer service calls are performed by workers at their homes i.e. JetBlue.

7

Uploading

community developed software by geeks collaborating to design new software and then uploading it to the world via internet.

8

Netscape

credited with starting the dot-com bubble.

9

Digitalization

stimulated investors to believe that the demand for Internet usage and related products would be infinite.

10

six new
forms of collaboration:

uploading,
outsourcing, off shoring, supply-chaining,
insourcing, and in-forming.

11

Apache

a shareware program for Web server
technology produced free by a bunch of geeks
just working online in some kind of open-source
chat room.

12

Globalization 1

The first lasted from 1492 when
Columbus set sail, opening trade
between the Old World and the New
World until around 1800 also
referred to as Globalizaton 1.0. = country

13

Globalization 2.0

lasted from 1800 to
2000, interrupted by Great Depression and World Wars I & II.

=corporations

14

Globalization 3.0

= individuals. post WW11

technology explosion