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GLOBALISATION > INTERNET > B2 B PORTAL

Date Added: March 29, 2010 04:24:49 AM
Author: RAMANATHAN NAGASAMY
Category: Business
Globalization is the rapid increase in cross-border economic, social, technological exchange under conditions of capitalism. The term globalization did come to the fore around the year 2000 and there was�a lot of confusion during this period about what ‘globalization' was and where it was leading us and who were the main instigators. When Globalization policy� surged all over the world ,commodity movements ,technological transfers,� Service out sourcing� increased day by day and makes the world as Global village even as� street. �Indeed, the concept "globalization" has raised many questions, and pro and contra views. The classical liberals and traditional protectionist view globalization as an unrealistic and even that has adverse effects to the world economy, while the information technologist underlines globalization as inevitable for utilization of services. The explosive growth of the Internet and the World Wide Web has been greater significance as the world economy continues to globalize and integrate The Internet is often described as an engine of globalization that knocks down borders and imposes market democracy on every nation through World trade directory or B2B portals.. Developing countries see the internet as an opportunity to gain access to knowledge and services from around the world in a way that would have been unimaginable previously v The Internet is so big and all encompassing that it does require this fairly abstract and vague definition.� In 2008 the Internet is accessed by almost 22% of the world population; however this number is highly skewed towards particular countries and particular socio-economic groups.�The Internet is growing at a rapid rate all across the world, and will continue to do so for the foreseeable future.� The rate that it spreads into particular countries will have a big impact on the future of those nations both socially and economically. ��The electronic market system offers valuable information and supports services beyond the conventional face-to-face market system. The innovation in the electronic market system revolts and drives not only conventional market, but also third world countries’ markets into a new era of competition. Global trade players has a innovative pitch in the form of B2B portals to view the Buy offer and sell offer along with the Company’s Profile and Product details and also has facilty to access instantly by mere click to forward their inquiries B2B portal is a set of web pages, where buyers and sellers come together for a business activity. B2B Portals or World trade directory are proving to be one-stop-solution provider for suppliers, manufacturers, exporters, importers and buyers. B2B Portal actually serves as a platform for the wholesalers, distributors, manufacturers and retailers for carrying out their business via online. INSBO is an export import consultancy and International Trade promotional firm organized, as a B2B Free listing directory World wide Company profiles are enlisted here Free of cost. �
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