Given the dynamism of today's market and the ever increasing degree of Assignment
Given the dynamism of today's market and the ever increasing degree of competition globally, produce a critical assessment of - Assignment Example
In regard specifically to the business sector, the involvement of certain business tools and frameworks in the promotion of globalization seems to be extended. Reference can be made, for example, to the information systems, in all their forms. Information systems are highly related to globalization. Moreover, these systems are likely to be used by business worldwide as a tool for acquiring competitive advantage. The above role of information systems is presented in this paper. The Porter Five Forces model is used for explaining the involvement of information systems in the increase of business competitiveness, both locally and globally. Table of contents Executive Summary 2 1. Introduction 4 2. IT and competitive advantage 4 2.1 Effects of globalization on business – information systems and their relationship to globalization 4 2.2 Business processes and their relationship to information systems 7 2.