overall impact of IT on global business and trade

1. IMPACT OF INFORMATION
TECHNOLOGY ON GLOBAL TRADE

2. GROUP MEMBERS
 Amrita Gogte
 Amruta Chavan
 Kunal Malihalli
 Siddhessh Gadkar

3. INFORMATION TECHNOLOGY
 The development, implementation, and maintenance
of computer hardware and software systems to
organize and communicate information electronically.
 In the broadest sense, information technology refers
to both hardware and software that are used to
store, retrieve, and manipulate information.

4. ROLE OF IT IN BUSINESS WORLD
 Advertising
 E commerce
 Prediction
 Communication
 Applications

5. EFFECTIVENESS AND EFFICIENCY OF IT
 Internet make the world smaller, large companies
can now contact with employees and partners
around the globe.
 IT also shrieked the distance and time, simplified
the complex business processes
 For example: JP Morgan is investing over 24 billion
in over 1000 companies around the world

6. GROWTH OF E-COMMERCE
 Number of letters, voice calls and faxes
around the globe have reduced.
 30% of internet users say it has resulted in
new business.

7.  Physical meetings and relationships are becoming
scarce.
 electronic commerce spells the end of geography
and borders as industrial organization constructs

8. CATEGORIES OF IT FOR GLOBAL BUSINESS
STRATEGY
Functional IT
Network IT
Enterprise IT

9. POSITIVE
IMPACTData
protection
Paper less
technology
More
accessible
Beneficial for
stakeholders
Competitive
advantage
No payment
issues

10. NEGATIVE IMPACT
Business
relationship
Employee morale
No job security
spam
Dominant culture

11. SUMMARY AND CONCLUSION
 In summary, advances in information technology
have changed the way we live and have changed
how people, businesses and governments interact
with each other.
 Competitve advantage is always where there is
upgraded technology

12.  New technologies will continue to change existing
practices and create new ways for your company to
improve business practices.
 Globalization has affected every person on earth in
one way or another and will continue to influence
their daily lives.

13. THANK YOU FOR YOUR COOPERATION