Explain how interconnectedness as a major globalization theme works in today’s world economy and assess their impact on international business environment.

How the internet and computing have helped globalisation:i.Improved speed of service/operations in every sector (sales, marketing, human resources, e-government, electronic banking, etc.).ii.Automation and cost saving measures (self-checkout tills, online payments, e-tickets, DIY products, etc.).iii.Improved quality of service (supply chain management, online surveys, feedbacks, online reviews, etc.)iv.Accessibility to information and increased awareness of events across the globe (the worldwide web, through various search engines e.g. Google, Bing, Yahoo!, AOL, etc.).Increasing speed of processing and transmission;Increased accuracy and more user-friendly forms of information;