Since, it encompasses wide range of activities, which most of time transcend factories or national boundary, complex interdependencies are built into it. As the power base continues to shift from companies towards customers, customer demands have gotten more complex. Companies are looking at Big Data analytics to revamp their supply chain, thereby using Big Data Analytics as a strategic lever. Companies are collecting vast amount of supply chain related data with help of technologies such as sensors, Barcode and GPS, Jacob House (2014). Big Data Analytics offers companies the ability to leverage on the enormous amounts of information driving their global supply chains, Harvard Business review, (2013).
No one can deny the convenience and the ease that the Big Data revolution has brought to us. Big Data has changed the way people look at data. However, these advancements have widened the gap between what is possible and what is legally allowed. The scale and ease with which everything can be done in big data has raised concerns on several ethical issues specifically related to privacy, transparency, identity and confidentiality. Through Big Data, developers can now access and tap into varied sources, which can even come from far-flung areas.
Employees top performance is critical for companies success. Research shows that as soon leaders realized the importance of talent management, they started spending time and resources in planning and implementing talent management activities. The fast changing and dynamic world environment accelerated leaders activities and strategies for attracting and retaining talent within the organization. Increased globalization and competitive global market has escalated more the war for talent management and made it global. Many Governments are now involved in hunt for talent through developing talent immigration schemes and policies.
On the other hand we can also see all the good technology can do. Big Data There are many different definitions for Big Data. SAS (n.d.) an analytical software company describes it as, “a popular term used to describe the exponential growth and availability of data, both structured and unstructured.” Many think Big Data just came into existence but it has been around for years. Banks, retail, advertisers have been using big data for marketing purposes. Tracking consumers’ habits in many different aspects of their life has allowed them to gear specific products in a specific manner.
Important Etsy SEO Tips Search Engine Optimization (SEO) use, makes it easy for people to find information on items and products. The Etsy SEO tips am providing you with, can increase the number of people viewing your shop hence increase sells. You want your business to grow big. The use of SEO drives traffic to your website. It can also be complicated since the standard employed by search engines is often changed.
The fast pace at which technology is advancing, information privacy is becoming more complex by the seconds as more data is collected and exchanged and digital dossiers are getting bigger in size. As technology gets more complicated so does the use of data. Information can be very valuable not just to the government but also corporations, companies and private players. This data collection can threaten and lead to invasion of our privacy, therefore there needs to be regulations, policy frameworks that can address these issues while safeguarding our privacy and anonymity.
A adequate logistics system, suitable with the processes of e-commerce, to meet the demands of customers in the information technology era, is one of the main factors to have success in business. Thus, the application of information technology, e-commerce such as international supply chain management information system, radio frequency identification technology. .. will be more widely used in business, because the more quickly and accurately transmitted information is, the more effective
(2007) has suggested that the reason for this approach is that the world of business is rapidly evolving and that the work required of organisations is constantly changing and become more complex. Therefore many organisations prefer to have a team of multiple people to cope with demands of change and to support the level of knowledge required.
The fast pace at which technology is advancing causes information privacy to become increasingly complex as more data is collected and exchanged and digital dossiers grow. Logic serves to substantiate that as technology evolves, so do the methods of collection and protection. Information can be very valuable not just to the government but also corporations, companies and private players. This data collection can threaten and lead to invasion of our privacy, therefore there needs to be regulations, policy frameworks that can address these issues while safeguarding our privacy and anonymity.
So, this has showed that the globalization has play a very important role in affecting the income inequality in this global. Next, Technological changes rapidly and categories between labour. Due to the rapid growth of technology, the distance of income inequalities become far and far. New information technology has led to improvements in productivity and well-being by leaps and bounds, but has