Globalization Brings Forth New Era in Engineering

| Total Words: 393

You’re hard at work on a project when you have to stop everything to fix a computer problem. You call your computer manufacturer’s help line, where a technician diagnoses and helps you solve the problem. Pretty soon, you return to work.

Do you realize that the technician who just saved your project may have been continents away?

Globalization is here. Globalization is linking national economies. And it is causing unique technical challenges for the business world – in the engineering field, for instance.

The growth of the global economy can be both a blessing and a curse. On one hand, it gives nations the opportunity to reduce manufacturing costs and to compete in a global market. But on the other hand, it becomes more challenging for a business to survive.

Matching the best technical strengths in the world with the lowest cost is the essence of globalization. But with companies engaging in worldwide redistribution of labor and production, engineers in today’s workforce are starting to see the effects that the global market has on their jobs.

Now engineers must understand the dynamics of the global marketplace. And...

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