The Three Major Factors Fueling International...

The Three Major Factors Fueling International Technological Growth According to Matthew and Kleiner (2008) the three major factors fueling international technological growth are the internet, telecommunications, and e-commerce. The internet has the capability to generate international market expansion and future international growth for firms. It has evolved into a mechanism that can be used to capture new international market opportunities. Due to transactional and communication capabilities, the internet has become an efficient and effective conduit for global trade and international market expansion (Matthew Kleiner, 2008). Telecommunications The telecommunications industry is divided into four main sectors: wired, wireless,†¦show more content†¦According to Nasir (2004) e-commerce is available in approximately 100 countries with over 20 million internet hosts. The global growth of e-commerce has increase unethical behavior and business practices among users and businesses. In light of the unethical behavior and practices, legal and regulatory guidance are needed to address the issues that have arisen with the use of e-commerce. Stead and Gilbert (2001) identified several corporate social responsibility issues to help address unethical practices, the call for increased on-line consumer protection, cyberspace theft, content governance, spam, and intellectual property rights (Stead Gilbert, 2001). CSR Issues Relating to International Technology Growth CSR issues relating to international technology growth are legal, social and economic. There are not many effective or efficient regulations which protect these technology growths, with the exception of telecommunications. As such, businesses seize opportunities – even unethical ones, to advance their firms. Legal and ethical issues relating to the internet and e-commerce include â€Å"cyber pirating†, trademark infringement and copyright. Businesses will â€Å"steal† the trademark or trade name of a well reputable company to attract unknowing consumers. Moreover, dot-com companies experience unauthorized use and duplication of videos and CDs (Maury Kleiner, 2002). In addition, usage of the internet bringsShow MoreRelatedThe Airport Security Of Aviation1713 Words   |  7 Pages Charlotte’s International Airport is currently ranked as the fifth busiest airport in the USA in terms of the takeoffs as well as landings. The airport improved in ranking by one spot in both international and national rankings recording with an average of 544,944 takeoffs and landings in 2015. Charlotte airport witnessed approximately 44.9 million travellers in the year 2015, a record of an increase by 1 percent. Most passengers using airplane tend to use the airport to switch from oneRead MoreShimano Inc. Management Analysis1567 Words   |  6 Pagesindustrialized hubs of Tokyo and Nagoya. 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