Global Challenges in It

In: Business and Management

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Global Issue | Challenge (Yes or No) | Why is it a challenge | Cultural challenges | YES | Different countries vary * Tastes * Gestures * Treatment of people * Ethical issuesThis difference can significantly affect individuals and organizations involved in global trade. | Language challenges | YES | * International parties must agree on common language * Data not transmittable internationally because information must be translated; computers still cannot accurately translate on the fly * English considered de facto international language * Many countries require accounting systems to be in the local language | Time and distance challenges | YES | * Crafting policies that work for employees, customers, and IS for all time zones * Time stamping | Infrastructure challenges | YES | High-quality electricity and water might not be available in certain parts of the world. * Telephone services * Internet connections * skilled employeesmight be expensive or not readily available. | Currency challenges | YES | The value of different currencies can vary significantly over time, making international trade more difficult and complex | Product and service challenges | YES | Traditional products that are physical or tangible, such as a car or bicycle, can be difficult to deliver to the global market. However, electronic products (e-products) and electronic services (e-services) can be delivered to customers electronically, over the phone, networks, through the Internet, or other electronic means.Software, music, books, manuals, and help and advice can all be delivered over the Internet. | Technology transfer issues | YES | * Not all countries have adequate information * technology infrastructures * Unable to build international IS * Broadband communication lines needed | State, regional and national laws | YES |…...

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