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Globalization and Technology
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Globalization and Technology

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Questions and Answers

Which of the following is a major ethical challenge facing society today in the digital world?

  • Global competitiveness
  • The Digital Divide (correct)
  • Changes in technology
  • The rise of social media

    • What are the five megatrends in information technologies that influence individuals, organizations, and society?

  • Big data, cybersecurity, e-commerce, digital marketing, and automation
  • Machine learning, robotics, drones, biotechnology, and nanotechnology
  • Mobile computing, social media, the Internet of Things, cloud computing, and globalization (correct)
  • Artificial intelligence, blockchain, quantum computing, virtual reality, and augmented reality

    • What is the Internet of Things (IoT)?

  • An artificial intelligence system for e-commerce
  • A virtual reality platform for social media
  • A network of physical objects that can automatically share data over the Internet (correct)
  • A cloud computing service for mobile devices

    • What is the network effect that drives the rise of social media?

    <p>The more people use it, the more valuable it becomes</p> Signup and view all the answers

    What is cloud computing?

    <p>A computing service that frees users from the task of installing or updating traditional desktop applications or worrying about storing or backing up data</p> Signup and view all the answers

    What are the operational challenges related to globalization for organizations?

    <p>Political systems, regulatory environments, laws, standards, individual freedoms, infrastructure, demographics, welfare, workers' expertise, languages, beliefs, attitudes, religions, or life focus</p> Signup and view all the answers

    What are the implications of mobile computing for organizations?

    <p>Increased collaboration, new ways to reach customers, and the ability to manage business in real-time</p> Signup and view all the answers

    What is the difference between the Internet of Things (IoT) and the Internet of Everything (IoE)?

    <p>The Internet of Things (IoT) is a network of physical objects that can automatically share data over the Internet, while the Internet of Everything (IoE) includes people, processes, data, and things</p> Signup and view all the answers

    What are the benefits and drawbacks of information systems for organizations?

    <p>Benefits include supporting innovative business models, building entire business models around technological innovations, and reaching new markets; drawbacks include operational challenges related to political systems, regulatory environments, laws, standards, individual freedoms, infrastructure, demographics, welfare, workers' expertise, languages, beliefs, attitudes, religions, or life focus</p> Signup and view all the answers

    What are the implications of social media for organizations?

    <p>Encouraging employee collaboration or connecting with customers</p> Signup and view all the answers

    What is the impact of information systems on business and society?

    <p>Information systems are ubiquitous and have had a major impact on business and society</p> Signup and view all the answers

    Which of the following is NOT one of the five megatrends in information technologies mentioned in the text?

    <p>Virtual reality</p> Signup and view all the answers

    What is the Internet of Things?

    <p>A network of physical objects that can automatically share data over the Internet</p> Signup and view all the answers

    What is the major ethical challenge facing society today in regards to information systems?

    <p>The Digital Divide</p> Signup and view all the answers

    What impact have changes in technology had on the way people work and socialize?

    <p>Tasks can be performed from almost anywhere with a cell phone signal</p> Signup and view all the answers

    What is cloud computing?

    <p>A technology that frees users from the task of installing or updating traditional desktop applications or worrying about storing or backing up data</p> Signup and view all the answers

    What are some operational challenges related to globalization mentioned in the text?

    <p>Political systems, regulatory environments, laws, standards, individual freedoms, infrastructure, demographics, welfare, workers' expertise, languages, beliefs, attitudes, religions, or life focus</p> Signup and view all the answers

    What is mobile computing?

    <p>A technology that allows users to perform tasks from almost anywhere with a cell phone signal</p> Signup and view all the answers

    What is social media largely based on?

    <p>The network effect</p> Signup and view all the answers

    What are some implications of mobile computing for organizations?

    <p>Increased collaboration, new ways to reach customers, and the ability to manage business in real-time</p> Signup and view all the answers

    What is the Internet of Everything?

    <p>An evolution of the Internet of Things</p> Signup and view all the answers

    What are some ways organizations use information systems according to the text?

    <p>To support innovative business models or build their entire business models around technological innovations</p> Signup and view all the answers

    What has forced companies to find ways to be better and less expensive according to the text?

    <p>Global competitiveness</p> Signup and view all the answers

    Study Notes

    Challenges and Opportunities for Globalization Managers in the Digital World

    • Information systems are ubiquitous and have had a major impact on business and society.
    • Global competitiveness has forced companies to find ways to be better and less expensive.
    • Many organizations use information systems to support innovative business models or build their entire business models around technological innovations, and IS is also global.
    • We are living in a digital world, with wireless, mobile devices replacing traditional desktop and laptop computers.
    • Changes in technology have enabled new ways of working and socializing, allowing tasks to be performed from almost anywhere with a cell phone signal.
    • The Digital Divide is one of the major ethical challenges facing society today, as access to information systems provides great advantages in the new economy.
    • Five megatrends in information technologies influence individuals, organizations, and society, including mobile computing, social media, the Internet of Things, cloud computing, and globalization.
    • Mobile computing has several implications for organizations, including increased collaboration, new ways to reach customers, and the ability to manage business in real-time.
    • The rise of social media is largely based on the network effect, and organizations use it to encourage employee collaboration or connect with their customers.
    • The Internet of Things (IoT) is a network of physical objects that can automatically share data over the Internet, and it will evolve into the Internet of Everything (IoE).
    • Cloud computing frees users from the task of installing or updating traditional desktop applications or worrying about storing or backing up data.
    • Globalization has opened up many opportunities for organizations, such as reaching new markets, but it has also brought about operational challenges related to political systems, regulatory environments, laws, standards, individual freedoms, infrastructure, demographics, welfare, workers' expertise, languages, beliefs, attitudes, religions, or life focus.

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    Week No. 10-Topic14-Globalization.pptx

    Description

    Are you a globalization manager navigating the digital world? Test your knowledge and skills with our quiz on the challenges and opportunities brought about by information systems, mobile computing, social media, the Internet of Things, cloud computing, and globalization. Explore ethical dilemmas, megatrends, and implications for organizations, and discover how to leverage technology to succeed in a globalized economy. Keywords: globalization, information systems, digital world, mobile computing, social media, Internet of Things, cloud computing, ethics, meg

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