How IT helps in Global Businesses and explaining the terms IT & Global Business Environment.

1. Information Technology
in Global Business
Environment
By: Ashutosh Mishra

2. Overview
• Information Technology.
• Global Business Environment.
• Components of global business
environment.
• Role of IT in global business

3. What is IT ???

4.  Information technology (IT) is the
application of computers and
telecommunications equipment to store,
retrieve, transmit and manipulate data,
often in the context of a business or other
enterprise.

5. Global Business
Environment

6.  Global Business comprises all
commercial transactions (private and
governmental, sales, investments,
logistics, and transportation) that take
place between two or more regions,
countries and nations beyond their
political boundaries.
 “Global Business” is broadly viewed in the
context of shared, increasingly integrated
environment.

7.  The global business environment can be
classified into the external environment
and the internal environment.
 Internal environments like Value System,
Organizational Structure, Mission &
Objectives, Labor Unions, Physical
resources etc.
 External environments like Economic,
Publics, Competitors, Customers & many
more.

8. Components of Global business
environment
 Social environment: Social structure &
international business.
 Cultural Environment: Religion &
international business, Values and
attitudes and Customs and Manners
Language, Education etc.
 Tax environment .

9.  Regulatory bodies-Technological
environment: Adoption of technology in
companies.
 Economic environment: The changing
nature of international business.
Changing world output and world trade.
Changes in Foreign Direct Investment
(FDI).
Growth in the Stock and Flow of FDI.
 Global production networks.

10. Role of IT in Business
Environment:
Information technology (IT) has become a
key functional area through which firms
design new business processes and
develop distinctive organizational
capabilities.
IT helps in different phases of business
environment:

11.  Information technology has given
business the tools to solve complex
problems.
 Information technology allows businesses
to make better decisions.
 Information technology has improved
marketing.
 Information technology has improved
customer support.
 Information technology has improved
resource management.