CONTEMP 1

refers to time- space compressions (Harvey, 1989).

• refers to the integration of the world-economy (Glipin, 2001).

•  is the de-territorialization – or ....the growth of supraterritorial relations between people (Scholte, 2002).

•  refers to the expansion and intensification of social relations and consciousness across world-time and world-space (Steger, 2010).

• is the inexorable integration of markets, transportation systems, and communication systems to a degree never witnessed before – in a way that is enabling corporations, countries, and individuals to reach around the world farther, faster, deeper, and cheaper than ever before, and in a way that is enabling the world to reach into corporations, countries, and individuals farther, faster, deeper, and cheaper than ever before (Friedman, 1999).

• refers to the worldwide intensification of interactions and increased movement of money, people, goods, and ideas within and across national borders (Guest, 2017).

• According to this theory, the rapid innovation of communication and transportation technologies has transformed the way we think about space (distances) and time.

• • reflects the fact that advances in transportation and communication have enabled companies to move their production facilities and activities around the world

• • is the relocation of a business process from one country to another—typically an operational process, such as manufacturing, or supporting processes, such as accounting.

• • is an agreement in which one company contracts its own internal activity to a different company. It involves the contracting out of a business process and operational, and/or non-core functions to another party.