Discuss how the collapse of communism and revolution in information technologies allow countries to integrate into the global economy. Provide the example with the illustration. thanks
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Q: In which way do information systems and IT support development of globalization?
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2.3) Discuss how the collapse of communism and revolution in information technologies allow countries to integrate into the global economy. Provide the example with the illustration. thanks
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- 3. In which way do information systems and IT support development of globalization?How Businesses in Ghana can leverage computer application in running their business in the midst of the covid19Keeping the above example, what is the reason because of which businesses face problems operating in different countries?
- of why not? Countries like the United States that have a high standard of living are referred to as industrialized nations. Countries with a lower standard of living and quality of life are called developing countries (or sometimes underdeveloped or less-developed countries). What factors often prevent developing nations from becoming industrialized nations? What can businessE4 Blockchain technology (BT) has emerged over the recent years. Writers however argue that there is limited understanding of this technology and the benefits it can provide to industries in the worlds. Therefore, some industries have taken a cautious approach to its adoption. Advise on the importance of Blockchain Technology to a business sector of your choice in South Africa? First define BT. Then discuss briefly what you understand to be the role of BT, its importance, benefits and any potential risks it may present to the chosen business sector (You must identify the business sector of your choice). Finally conclude what you would recommend to corporates in that business sector.2. An economic system is a system of production, resource allocation and distribution of goods and services within a society. These include market capitalism, centrally planned capitalism, market socialism and centrally planned socialism. Discuss the followings: a) Explain the four concepts listed above b) Why this economic system information is important to be studied before a company entered a foreign market? ( Marks) List and discuss the top 20 country economic freedom rankings in 2020. What position is Malaysia ranked at?
- "International businesses still greatly underestimate the strategic constraints and challenges formal and informal institutions represent in the specific countries and markets they want to operate in." Discuss this statement under the following heading, using illustrative examples throughout your answers. Certain analytical frameworks help the business practitioner to assess external environments and internal capakilities. Describe and assess the usefulness of PESTEL, CAGE and SWOT analysis.3-11. Economic espionage includes what kinds of activities?5) Which of the following is MOST true of product availability in a communist system? A) Consumers have a wide choice of goods. B) Consumers have a limited choice of goods. C) Consumers have a limited choice of goods and services. 5) D) Consumers have a limited choice of services. E) Consumers have a wide choice of services.
- Explain globalization in business and the forces causing globalization. Use relevant examples to illustrate your answerDifferences in customs, governmental regulations, and the cost of living are examples of (A) Global information technology (B) Transnational strategy (C) Cultural, political and geo-economics challenges (D) Global business driversAs technology increases in global business, is security and Identity theft an increasing problem?