ITM 102 Lecture Notes - Lecture 12: Legacy System, Comparative Advantage, Capital Budgeting
15 Mar 2016
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Document Summary
Global economic system and global world order driven by advanced networks and informaion systems. Growth of internaional trade has radically altered domesic economies around the globe o. For example, producion of many high end electronic products parceled out to muliple countries, such as apple iphone. When building internaional system: understanding global environment, business drivers pushing tour industry towards global compeiion b. Most companies have inherited patchwork internaional systems using o o o. Manual entry of data from one legacy system to another. Coniguraion, management, and development of systems tend to follow global strategy chosen. Four main types of systems coniguraion o o o. Centralized: systems development and operaion occur totally at domesic home base. Duplicated: development occurs at home base but operaions are handed over to autonomous units in foreign locaions. Decentralized: each foreign unit designs own soluions and systems o. Networked: development and operaions occurs in coordinated fashion across all units. Global systems strategy o o o o o.
