| Globalization changed the face of international | | | | both a student and an instructor. This has encourage |
| business in a lot of ways. The internet played a key | | | | more and more people to go back to school, or |
| role for globalization to become possible. Before the | | | | rather start learning something new or refresh one's |
| internet was implemented for general use, small to | | | | knowledge on a course or subject once taken up |
| medium enterprises were pretty much limited to the | | | | before. A computer with an internet connection, a |
| local market. For a company to go international it had | | | | headset and a webcam (if available) are the only |
| to be big and that meant a considerable financial | | | | requirements a student should be able to have. This |
| investment. Communication between businesses from | | | | also goes for the teacher or tutor giving the classes. |
| different countries proved to be expensive and | | | | This kind of education could be either done through |
| erratic at best. All of that changed when the internet | | | | an online school or an independent teacher or tutor. |
| became available to the public. | | | | Thus it has opened an opportunity for a many |
| The internet allowed businesses to grow and expand | | | | educators to earn independently and within the four |
| in ways that we only dreamed of a few years ago. | | | | walls of their homes. |
| The internet also paved the way for new businesses | | | | Another very good example would be Blogs. Blogs |
| to be born. The internet made it possible for | | | | are basically considered online journals, very much |
| businesses around the world to reach out to each | | | | similar to a diary, only difference is a whole lot more |
| other and form partnerships. It allowed economies | | | | can be encoded in it and it can go beyond being a |
| around the world to become more interconnected. | | | | personal site to a business marketing site. Since many |
| Information between businesses was relayed with | | | | businesses has crossed over from the traditional |
| unprecedented speed and accuracy. This allowed for | | | | means to online ventures, marketing one's products |
| faster and more efficient delivery of products and | | | | and services has also developed based on the |
| services. The internet allowed businesses regardless | | | | capacity of the internet to deliver information; hence, |
| of the scale to compete with bigger companies on a | | | | the introduction of Blogs. Nowadays, there are millions |
| global scale. Businesses were able to reach and tap a | | | | and millions of people making use of this online |
| broader market since they are no longer limited to | | | | business and marketing tool. And every single day |
| the local market because of the distance or financial | | | | thousands of Blogs of different sorts are created |
| capacity. | | | | that could either just make opinions be heard or |
| This has not only been made a reality for large scale | | | | market a particular product or service. All these could |
| businesses, but also for an ordinary individual trying | | | | be achieved through the delightful wonders of the |
| make a living. With the vast choices of business | | | | internet. |
| opportunities brought about by technology and the | | | | The internet has definitely transformed the way the |
| internet, anyone of any age who has knowledge on | | | | world does business from small to large scale |
| how to go about cyber space could earn a few | | | | ventures. Hence, it has not only encouraged the |
| hundreds if not thousands and even millions out of | | | | growth and innovation of an individual to earn profit |
| this knowledge. | | | | but has also developed a sense of |
| Say for instance education, more specifically online | | | | interconnectedness amongst countries doing such |
| tutorials. Learning something new or taking crash | | | | business: the kind of business we could have never |
| courses has never been this easy or convenient for | | | | imagined possible decades ago. |