12.1 Explain the cultural, political, and geoeconomic challenges facing global businesses.
The global business environment is competitive market to compete in that faces several challenges in order to be successful. These challenges include cultural, political and geoeconomic challenges. The cultural business challenges deal primarily with language barriers, cultural interests, religions, customs, social attitudes and political philosophies. It is important for business to oblige to cultural preferences and be considerate to cultural differences that can occur. Political challenges that can be faced include guidelines and regulations concerning data transfers. Specific data, such as personal information, tax implications, hardware and software importing and exporting, as well as trade agreements is data political businesses must take into account as security measures. Global geoeconomic business challenges discusses the effect of geography on the economic activities of international business. There are many geographical differences such as labor supplies, cost of living, and labor costs also differ among various countries.
The global business environment is competitive market to compete in that faces several challenges in order to be successful. These challenges include cultural, political and geoeconomic challenges. The cultural business challenges deal primarily with language barriers, cultural interests, religions, customs, social attitudes and political philosophies. It is important for business to oblige to cultural preferences and be considerate to cultural differences that can occur. Political challenges that can be faced include guidelines and regulations concerning data transfers. Specific data, such as personal information, tax implications, hardware and software importing and exporting, as well as trade agreements is data political businesses must take into account as security measures. Global geoeconomic business challenges discusses the effect of geography on the economic activities of international business. There are many geographical differences such as labor supplies, cost of living, and labor costs also differ among various countries.
12.2 Describe the four global IT business drivers that should be included in all IT strategies.
The four global IT business drivers that should be included in all IT strategies include global customers, global products, global collaboration, and global operations and resources. Global customers refer to the customers that travel worldwide and companies that involve global operations that provide fast convenient, consistent service. Worldwide marketing, sales, and quality control that global IT can manage with the same products worldwide are the global products drivers. Global IT systems also assist in the organization of the communication between associates to share knowledge and collaboration. Global operations and resources include the capital, facilities, and people that are managed by IT and monitors shared resources, geographic flexibility, operations and global supply chains.
12.3 Describe governance and compliance and the associated frameworks an organization can implement.
12.3 Describe governance and compliance and the associated frameworks an organization can implement.
Global strategies are driven by governance and compliance. Governance is a system for management and control. Compliance is agreeing, accepting and yielding. Shareholders and customers put pressure on these two business strategies as they are driven by financial and technological regulations. There are several different IT governance frameworks organizations can follow. The first framework is CoBIT: Information Systems Audit and Control Association that provides guidelines and tools that are used by by auditors and companies that sustain IT technology to control and meet specific business requirements. The next framework is Information Technology Infrastructure Library that is implemented by the government of the United Kingdom and provides eight management procedures, service delivery, service support, service management, information and communication technology infrastructure management, software asset management, business perspective, security management and application management. The Committee of Sponsoring Organizations is a business-general framework that evaluates human resources, logistics, information technology, risk, legal, marketing and sales, operations, financial functions, procurement and reporting. The final framework is the Capability Maturity Model Integration method that aids with application development, life cycles issues, and improving product delivery through the 22 process areas.
12.4 Identify why an organization would need to understand global enterprise architectures when expanding operations abroad.
In order to support global business operations, organizations must manage the global enterprise architectures through many cultural and political applications. The internet and World Wide Web are primary providers to the international business processes. The internet provides business advantages through the expansion of markets, reducing costs, and improving profit margins. It also enhances customer communication through data exchange with all of those involved with the international organization. Other global enterprise operations that need to be taken into account include the software choices whose standards might not be compatible with other countries. There also might be challenges with communication and operational expenses
12.5 Explain the many different global information issues an organization might encounter as it conducts business abroad.
The biggest concern business face as business is conducted abroad is security. Networks and applications are constantly being opened to customers, partners and suppliers can pose a threat to be hacked or interrupted in some way, unless the access control and authentication is monitored. Inadequate security results in lost revenues, lost market share, or loss of the entire business. Information privacy is also a global information issue that must meet United States and the European Union privacy requirements.
12.5 Explain the many different global information issues an organization might encounter as it conducts business abroad.
The biggest concern business face as business is conducted abroad is security. Networks and applications are constantly being opened to customers, partners and suppliers can pose a threat to be hacked or interrupted in some way, unless the access control and authentication is monitored. Inadequate security results in lost revenues, lost market share, or loss of the entire business. Information privacy is also a global information issue that must meet United States and the European Union privacy requirements.
12.6 Identify global system development issues organizations should understand before building a global system.
Global systems development issues are far more severe than domestic systems development issues. The main issues are the global standardization of data definitions. Language, cultural, and technological differences make sharing information difficult among the parts of an international business. There needs to be a common database with definitions and business processes that all business can follow. Organizations also face challenges with developing
content very clear
ReplyDeleteThank you its well explained