The media is media technologies that are intended to reach a large audience by mass communication. Therefore, it has greatly increased rapid and authentic communication between different international organizations and countries. And the media also play important role in facilitating culture exchange flows of information between countries. 4. However, in many other cases, this ease of movement is often limited to highly educated professionals and locks out working-class people from the benefits of globalization. The biggest advantage of the radio as a means of media globalization is that it can be understood by even an illiterate person and can cater to a larger number of people. This module presents Media, its advantages and disadvantages for the society, its roles in the globalizaon process and the globalizaon of media. Media globalization is all about integrating the world with different media with the help of cross cultural ideas and exchange of perceptions, whereas the technological globalization deals with the development of the cross cultures and technological exchange (Bagdikian, 2004). In this globalized world, the US can rob, lie and steal and make the world believe that they can do all this for the good of humankind. - A closer relationship and shared culture by people from different continents - Increased income and transnational corporations Media in Britain has had to adapt different languages to attract a new international audience. Another one is show the world the Chinese traditional culture. These benefits are; free trade which is the manner in which different countries exchange goods/services and resources. Makes the World a Smaller Place While a clich idea, the world being a small place has become more evident with the rise of global communication. Advantages and Disadvantages of Media: Media refers to a means of communication such as broadcasting, publishing, or anything or communication involving the use of the internet or other sources that uses different branches to facilitate global communication for individuals situated across the world. Globalization from a business perspective means leaving one's country and selling one's goods and services to another country. However, it is a two-way sword since a higher demand for imported products adversely affects the local businesses. Printing Telegraph Telephone Radio Transportation Technology Modern Development IMPORTANT MILESTONES. ADVANTAGES AND DISADVANTAGES OF GLOBALIZATION IN EDUCATION In regard to education, structural adjustment policies ostensibly reduce public bureaucracies that impede the delivery of more and better education. Today the media play a key role in enhancing globalization. People get the latest news in a very short time. Social media has enabled the populace to interact with family members and friends who live far. One of the basic function is disseminating information. ROLE OF TECHNOLOGY IT CAN DESCRIBE WITH FIVE IMPORTANT ELEMENTS: PRODUCTION, KNOWLEDGE, INSTRUMENTS, POSSESSION, CHANGE. 2. Better Services 3. Media gains sustainable competitive advantage by conceiving new ways of conducting activities, employing new procedures, technologies, inputs, or channels of distribution. It educates individuals. Globalization would work to equalize wages, which would create positive impacts for everyone over a long-term evaluation period. In today's globalized society it is becoming increasingly easy to make international business connections and build networks of contacts that stretch across the globe. Social media also provides a forum for cultural exchange. To connect and communicate between people, communication devices are being used. View Tan, Jenifer L. - What are the advantages of media in globalization.docx from TAX-GB MISC at New York University. The rise of international currency conversion apps such as TransferWise is a prime example. All media houses are reacting to a general market state of affairs caused by unstable globalisation. 3. The speed with which culture is diffused has changed as a . Globalization is the spread of business activity (products, services and people) across international borders. The cost to construct the ISS was $150 billion. Increased standards of living. the possibility of war between the developed countries decreases . 9 Advantages of Globalization 1. The economic benefits of globalization to much of the world are hard to ignore. Access to New Cultures. The sessions will help event attendees understand the business advantages of digital engineering, a digital transformation (DX) approach that leverages design thinking and agile development. On the other hand, labor will be paid more than their home country. Global media is one of the great creations or discovery of a human. Despite the vast areas and details covered in this media research, and benefits to the television industry, there are limitations of the lack of audience response to the programs But information is not always the media's goal. Extension of human rights 10. Development of Infrastructure 5. Globalization has been at the forefront in changing the media, as it brings about communication technology. Technology provides some sort of template for globalization while also solving the challenges associated with it. Communication becomes easier because people may communicate with this global language. Cultural Theory and Popular Culture Globalization, Mass Media and Culture Table of Contents Globalization, Mass Media and Culture 1 . Managing the organization is therefore not just about managing functions, but managing linkages between those functions (Picard, 74; Time Warner Inc Home Page 2007). The boost in economic power. Technology is the driving force of globalization. Distance is not a barrier. Explained below are the benefits of globalization to business which enables the growth of international economies hugely. Global Media Global communicaon is the term used to describe ways to connect, share, relate and mobilize across geographic, polical, economic, social, and cultural divides. Globalization itself is a phenomena that is developing countries, but it does not reduce poverty. Sharing news, thoughts and opinions to a global audience is no longer something only the rich and powerful can do. Since the 1970s, leadership in the global economy has begun to shift to another set of industries, one that combines computers, the television, the (digital) telephone and other communication tools, which can be collectively called as information industries. free trade between countries increases . Contribution to World GDP Growth Rate 9. The extent of communication 9. Globalization would limit the opportunities for labor exploitation. Business travelers, in particular, can benefit from this knowledge and appreciation of other cultures. Technological globalization refers to the cross-cultural development and exchange of technology. Disadvantages of Media Now exploring the disadvantages of media below. 4. Globalization makes it easier than ever to access foreign culture, including food, movies, music, and art. 5. One of the best examples of globalization within our lifetime is the construction of the International Space Station. globally and vertically incorporate pudding stones. 5. Globalization allows us to pool all our resources together. Pros of cultural globalization: Access to new cultural products (art, entertainment, education) Better understanding of foreign values and attitudes. Old media have broad reach. Structural unemployment is obligated to the presence of disparity. But those who decide to take on international expansion find several benefits, including: 1. Globalization makes trade boom! At times, the nation encounter displacement of a whole industry to a . Media Globalization So these two things can accelerate the development of our country. Moreover it has a greater impact on the rural as they are able to connect to the radio easily. Meaning countries can focus on manufacturing products that have a less relative benefit. It educates people. One of the key goals of political globalization is to create better trade routes around the world (in effect, to support and promote economic globalization). Advantages of Globalization: * Resources of different countries are used for producing goods and services they are able to do most efficiently. The middle class suffer the most in the process. Without the media it would be virtually impossible for the typical American citizens to be informed of today's events. It leads to the expenditure of work to other nations while leaving self-nation empty of employment. They can easily migrate to places where they are getting better opportunities. When fully taking advantage of globalization, you are no longer restrained by talent that is available in your city. Globalization Broadens Access to Goods and Services . Fund transfers Internet, intranet and transmission of business communication Techno political issues GLOBAL NETWORKS. Moreover it has a greater impact on the rural as they are able to connect to the radio easily. Capacity to communicate and defend one's values and ideals . Economic Growth 7. Globalization makes it infinitely easier to exchange ideas, food, music, media, and language as you learn to live and work in different countries. Due to globalization war between developed countries has reduced. Globalized Culture, Globalized Markets Much globalized media content comes from the West, particularly from the United States. This can result in lower costs and higher profits for the business. Answer (1 of 2): You need to clarify if you mean social media or news media. It is a term that refers to the fast integration and interdependence of various nations, which shapes the world affairs on a global level. Supporters of globalization argue that it has the potential to make this world a better place to live in and solve some of the deep-seated problems like unemployment and poverty. The emergence of internet and social media has greatly shaped globalization. Through television and radio programs, people get to learn about health matters, environmental conservation, and much more. Peoples connected in the universe due to planetary mass media. For instance, greater access to modern technologies, in the world of health care, could make the difference between life and death. . Globalization has affected the products people consume, the environment, culture, security, and idea exchange between different countries. Goods and services are offered cheaply in today's world because of varying levels of living standards. First, it has boosted the business sector. Social media helps us in globalization because we can keep in touch with each other it helps people to learn about others culture. Compared to the Mir station at $4.2 billion, the price tag is astronomical. Globalization is relevant to all businesses as it allows them to communicate and. Globalized Culture, Globalized Markets Much globalized media content comes from the West, particularly from the United States. Provision of rewarding opportunities. Reducing the number of borders would create more theoretical stability. Increased free trade and communication between nations, along with increased access to technology, media, education, healthcare, consumer goods, and other resources. Reach a huge, global audience. These are crazy statistics when you realise that social media only emerged about 18 years ago. Although the benefits of social media cannot be definitively measured, its contributions cannot go unnoticed (Boyd 2007, p. 214).