How does Information System Information Technology support globalization of business

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10IS72-INFORMATION-SYSTEMS-->View question


How does Information System Information Technology support globalization of business?

(JULY 14) 10 marks

By:neenu2

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Growing interdependence between ability to use information technology and ability to implement corporate strategies and achieve corporate goals
Business firms invest heavily in information
systems to achieve six strategic business
objectives:
Operational excellence
New products, services, and business models
Customer and supplier intimacy
Improved decision making
Competitive advantage
Survival
In the emerging, fully digital firm
Significant business relationships are digitally
enabled and mediated
Core business processes are accomplished through digital networks
Key corporate assets are managed digitally
Operational excellence:
Improvement of efficiency to attain higher profitability
Information systems  technology an important tool information
systems,technology an important tool in achieving greater efficiency and productivity
Wal-Mart’s RetailLink system links suppliers to stores for superior replenishment system

prajwalamv

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