It is through this process that industries have been able to spread to new markets without a problem.
The firms have also had a chance to benefit by gaining knowledge on the cheapest sources of raw materials and labor.
The information era also means that news agencies that wish to gain information on breaking news will have to have a digital section.
When the American elections were taking place for instance, people checked on the ratings of their candidates on social media sites.
Globalization which involves interchanging of ideas and cultures has been the greatest beneficiary to increase in social media activities.The rate at which people are losing jobs has been on the rise since the social media effect hit the world.