Discuss the reasons for globalization and for using global information systems, including e-business and Internet growth

Expert Solution

Answer:-

Globalization in layman terms fundamentally refers to the growth that mankind has been over the years with respect to the technological, budgetary and other aspects. The internet usage has been on the rise since the previous decade and is ever increasing.

This has opened numerous opportunities for business ventures online called as e-businesses. This has made life much more easier.

Below are some of the reasons for globalization and for utilizing worldwide information system, including e-business and internet growth.

Enhances transport, quick growth in air travel, which allowed movement of resources all over the world.

Need of correspondence people of different countries led to evolution of worldwide information system.

Improved technology, which made easier to communicate and share information through internet.

Growth of worldwide companies over the world led the globalization.

Enhanced Smartphone technology, made people to involve more in e-business to purchase the items online.

please like the answer.....

keosha answered 5 months ago

Discuss hyper-social organizations and their growing popularity. Discuss the reasons for globalization and for using global...

Discuss hyper-social organizations and their growing popularity. Discuss the reasons for globalization and for using global information systems, including e-business and Internet growth. Discuss the obstacles that organizations face in implementing and using global information systems.

Explain the use of e-commerce and global information systems.

With the growth of e-commerce, what kind of Global Business Environment that company should consider?

Explain in detail the reasons of exponential growth in Internet usage.

a] Using information on the drivers for international business, and by researching information from the Internet,...

a] Using information on the drivers for international business, and by researching information from the Internet, present examples of three Canadian companies that are entering or expanding their role in international business. b] For each, identify: Who is the company? Is it a large, medium, or small enterprise? What is the primary good or service it markets? Where does it do business? c] Conduct a preliminary analysis of these three companies’ international business entry modes, identify advantages they may be...

E-Business is the use of the Internet and other networks and information technologies to support electronic...

E-Business is the use of the Internet and other networks and information technologies to support electronic commerce, enterprise communications and collaboration, and Web-enabled business processes, both within a networked enterprise, and with its customers and business partners. Particularly, Enterprise e-Business Systems outlines the goals and components of customer relationship management (CRM), enterprise resource planning (ERP), and supply chain management (SCM). The current trend is toward implementation of cross-functional integrated enterprise systems such as ERP, CRM and SCM in business. Answer...

As a business manager determine whether you are pro- globalization or counter globalization. Give reasons for...

As a business manager determine whether you are pro- globalization or counter globalization. Give reasons for your answer

Evaluate the impact of contemporary information systems and the Internet on the protection property. Please discuss...

Evaluate the impact of contemporary information systems and the Internet on the protection property. Please discuss about the Copyright topic in specific.

ISA 315 requires the auditor to gain an understanding of the business information systems (including the...

ISA 315 requires the auditor to gain an understanding of the business information systems (including the accounting systems) used by management to the extent that they may affect the financial reporting process. Required: Determine what you would identify and understand about your client’s information processing system. In carrying out your work as the external auditor, you intend relying on the work of the internal auditor after checking on the reliability of the internal auditor’s work. Required: What would you consider...

Discuss the reasons for documentation in both accounting information systems, IT, and in auditing (flowcharts, DFDs...

Discuss the reasons for documentation in both accounting information systems, IT, and in auditing (flowcharts, DFDs etc.). Focus on DFDs (data flow diagrams), System flowcharts, and Document flowcharts. Questions to be Addressed 1. What is the purpose of documentation or documenting Accounting Information Systems? 2. Why do you need to understand documentation? 3. What documentation techniques are used to document accounting information systems? 4. What are data flow diagrams, flowcharts, and business process diagrams (we will cover business processes and...

Question