Final answer:
Cloud services have led to increased globalization and technological advances, expanding market competition and transforming business operations through platforms like OneDrive, Goo gle Drive, and collaboration tools.
Step-by-step explanation:
The concept of cloud services is highly applicable in the context of business and technology. Two well-established trends with the introduction of cloud services include a shift toward increased globalization and technological advances. As communication technologies have rapidly improved, primarily due to the development of the Internet, consumers now have the power to purchase products globally. This shift has expanded competition for local retailers and has similarly affected business supply markets, with business-to-business platforms enabling global transactions. Cloud services like Microsoft's OneDrive, Goo gle Drive, and various collaboration platforms have transformed how businesses operate, allowing for seamless document sharing, communication, and organization, regardless of geographical barriers