SOC356Y1 Lecture Notes - Lecture 5: Knowledge Management, Dominate, Distributed Power
Document Summary
Benefits for tech companies + business users (cisco, skype: built in many developing countries. Development of system building: fight between companies for technology, build technology at slow rate due to small countries. Inequality between rich and poor: systematically invade poor regions for advancements in order to maintain line of division, only focus on some rich regions 2-tier marketing plan . Employment/labour issue: companies run under government policies, cut back of workers to decrease cost and increase profits. Poor quality of services: slamming/cramming: lack of decent criteria, outsource of workers, leads to investors unconvinced, slamming: signing people up without permission, cramming: people getting billed for services they didn"t use. Convergence -> probability of monopoly: higher capacity of data (fiber- optic cable) Before 1990"s, u. s had strict regulations: it required more $ to invest. Late 1990"s- market open to consolidation: different people form together to do business. 1st of 1998- mergers and acquisition: involvement of new electronic appliances.
