The Critical Role of Information Systems Todays selective information systems are both technical and social in nature. direction must understand the importance of information within the organization. It is counsellings job to understand how information is collected, processed, and distributed. We are exclusively extremely affected by information systems and must be willing to understand and work with them. Our global economy does not allow us to depend on portray to face transactions like in the 1980s. Today, few answerrs can contract the importance and impact of how information is handled by their organization. Information systems incline a critical role in todays business organization and society (Laudon 5).
Since the emergence of the global economy, the victor of firms today and in the future depends on their ability to move globally. The American economy depends on imports and exports. Foreign trade, both imports and exports accounts for a little over 25 percent of goods and services produced in the United States, and even more in countries like japan and Germany. This percentage is currently and will continue to grow in the future (5).
        Globalization of the worlds industrial economies greatly enhances the value of information to the firm and offers new opportunities to businesses.
Today, information systems result the communication and analytic power that firms need to conduct trades and manage businesses on a global scale. Globalization and information engineering also brings new threats to domestic business firms. This is brought on by the customers ability to shop in a worldwide food marketplace, obtaining the price and quality information reliably, 24 hours a day. The worldwide market place brings competition to a high level than ever before, forcing all businesses to play a break in in this global economy. In order to become a profitable player in a worldwide market firms, need powerful information and...
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