Question

1. How does information technology impact international business? Please give example in essay.

Answer 1

Information technology the process or the system that can be use to store, retrieve and send the data or information from one network to another. In the International business, information technology play a very vital role. Information technology help the international business to store and send their information/data from one department to another or one organization to another across the country. But, information technology also impact the international business. As many times false and fake data can be shared or represent by the company. Which can impact the business in the market. Also, it can effect the shareholder of the business. Which can directly affect the international business. Information technology also impact on the business relationship in international business. Because many of the international business are working on the data of their customer and manage their information to analyse their behaviour. Many times these data/information can be hacked and data can be go publicly. Which is the most important side effect of using information technology in internation business. Also, this can impact the relationship with the business. As many of the customer of company across the world may diverted to another international business or stop trusting the company.